Celo blockchain is planning to integrate the leverages of OP stack in architecture to be an Ethereum Layer-2 blockchain. This transition could empower Celo developers to utilize Ethereum tooling and libraries. Celo blockchain, developed by cLabs, is returning to the Ethereum ecosystem by transitioning into Layer-2. It is evolving from an independent EVM Layer-1 compatible...
Category: blog
Loot NFT – The Text-Based NFTs Booming in Digital World
Loot- a collection of 8000 text-based NFTs These NFTs were created by programmer Dom Hofmann Non-Fungible Tokens (NFTs) have created a boom in the digital world due to their uniqueness. Each NFT is one-of-a-kind and has fostered an amazing bottom-up approach to community building. These tokens attract a large group of netizens who desire to...
What Are The Risks and Benefits of Self-Custodial Wallets?
Crypto wallets allow users to access their digital assets stored on the blockchain. In self-custodial wallets, the users are responsible for safeguarding their private keys and no third party is involved. Lately, several investors and users have realized the potential of cryptocurrencies in the future and have largely become interested in them. Trading in these...
Shiba INU Cryptocurrency And Its Ecosystem Explained In Detail
The Shiba Inu dog is the face of Ethereum-based Shiba Inu money. It is the second-biggest digital currency based on its overall value. Shiba Inu is a type of digital money that works on Ethereum and is a competitor to Bitcoin. The term altcoin is derived from the phrases bitcoin and alternative. The community members...
How is Bitcoin Empowering Life in El Salvador?
The Bitcoin Beach Project aims to educate the country about Bitcoin and Financial literacy. Roman Martinez is leading the Bitcoin Beach Project. Bitcoin Education in El Salvador– The Bitcoin Beach Project El Salvador is setting the stage for enhanced financial literacy for its citizens. With children gaining hands-on experience with Bitcoin transactions, the country is...
Will Apple’s Entry Into The Metaverse Accelerate M&A?
The metaverse is on the rise, and there are several players, including tech tech-giant Apple, who are leaving a mark inside the virtual world. Companies capable of enhancing the virtual world will most likely be targeted for M&A by bigger corporations planning to enter the virtual world. Back in 2022, when the concept of...
Crypto Bills being Weighed in by US Congressional Committee
Cryptocurrency bills are finally getting some recognition from the regulatory committee. Democrats pose as a last hurdle toward cryptocurrency-regulated bills. The cryptocurrency markets have been involved in controversies due to inefficient regulatory frameworks. For a long time, no clarity has been given regarding the bills needed for streamline the regulations. Thus, a breakthrough finally came...
ChatGPT: Is it the Liberator of Metaverse or its Doom?
ChatGPT can be both a savior and a destroyer of Metaverse without a balanced approach. With evolving technology, combining the two technologies can be rewarding but with equal contribution of both. What is ChatGPT? ChatGPT, launched in November 2022, is an AI chatbot. It employs natural language processing to create human-like responses. ChatGPT can be...
Why are People Investing in Virtual Lands with Real Dollars?
Virtual lands are NFTs recorded on the blockchain and provide proof of ownership. Lately, companies are investing millions in this new, yet profitable sector. Where owning a real estate property is still a dream for many, several companies and individuals are buying virtual land for thousands of dollars. This land does not exist physically, but...
Why Was BORA Born, and How is BORA 2.0 Better Than BORA 1.0?
BORA is a Blockchain-based Content Delivery Network (BCDN). BORA 2.0 will adopt Klaytn as its mainnet chain instead of Ethereum. The new platform will utilize the PBFT consensus mechanism instead of PoA. Blockchain technology first found its commercial application in the finance sector. Bitcoin, which became the face of blockchain, revolutionized the finance sector. Since...