Web3, or Web 3.0 for short, is the latest generation of the Internet that is evolving to create a more decentralized, secure and transparent Internet.
Blockchain
A recent study proposes a new blockchain consensus proof-of-work (PoW) scheme that relies on quantum computing techniques to verify consensus.
By providing players with new options for game ownership, trading and playing games, blockchain has the ability to revolutionize the gaming business.
The public chain Polygon has more daily active users than Ether, and its overall market capitalization has exceeded the $10 billion mark, and there are three main reasons behind its current success.
Embracing blockchain seems to have become the mainstream of the industry nowadays. Both entrepreneurs and Internet giants have started to extend their development tentacles to this industry that is going to bring disruptive development to traditional industries.
With the popularity of blockchain technology and digital currencies, more and more people are investing and trading in digital currencies. However, just like any other market, there are scams and deceptions in the digital currency world.
With the emergence of the COVID-19 outbreak across the U.S., news of improvements to the U.S. healthcare system and the ability to treat the disease appeared in the media headlines, and people began to take the initiative to learn more about the new coronavirus on the Internet out of fear of the disease.
The first application of blockchain is Bitcoin. Blockchain has become the promoter of "decentralized currency Internet" by providing power for cryptocurrency. By providing transparency, accountability, immutability and security, the blockchain soon triggered an influx of more cryptocurrencies. Today, we have more than 10000 different cryptocurrencies in circulation.
Although a variety of cryptographic assets focus more directly on privacy through technology, there are still many possible ways to increase the privacy of Bitcoin, including point-to-point transactions. In the field of encryption, some familiar privacy assets include Monero (XMR), Zcash (ZEC), Verge (XVG), Beam and Grin. Dash is also on the list because it allows for increased anonymity, although the currency is not technically classified as a private asset.
It is reported that at present, many people compare cash and bitcoin. After all, although they understand that they are different virtual currencies, they still can not break the relationship between them.