Trusted Info and news about web3 and technology

Category: Pick of the week

  • NEAR Protocol: A Technical Overview

    NEAR Protocol: A Technical Overview

    NEAR Protocol is a layer-1 blockchain platform designed to facilitate the development and deployment of decentralized applications (dApps) and smart contracts. It seeks to address the scalability, usability, and security limitations inherent in previous blockchain platforms, thereby providing a more accessible and developer-friendly environment for the open web. Technical Innovations Nightshade Sharding: NEAR Protocol employs…

  • ZkSync: Scaling Ethereum with Zero-Knowledge Proofs

    ZkSync: Scaling Ethereum with Zero-Knowledge Proofs

    The Ethereum blockchain, a pioneer in the world of decentralized finance (DeFi) and non-fungible tokens (NFTs), faces a significant challenge: scalability. With increasing user activity, transaction fees have soared, hindering the network’s ability to handle everyday transactions. ZkSync emerges as a promising solution, leveraging zero-knowledge proofs to scale Ethereum while preserving its security and decentralization.…

  • Pendle Finance: Yielding the Future, Today

    Pendle Finance: Yielding the Future, Today

    Pendle Finance carves a unique niche in the ever-evolving Decentralized Finance (DeFi) landscape. It allows users to speculate on and hedge future yields, offering a novel approach to yield-based investments. This stands in stark contrast to traditional DeFi, where users are locked into holding a yield-generating asset until maturity to capture its returns. Unveiling the…

  • The Sandbox: Your Portal to a Player-Powered Metaverse

    The Sandbox: Your Portal to a Player-Powered Metaverse

    The concept of a metaverse, a persistent and immersive virtual world, has captured the imagination of tech enthusiasts for years. Now, with Facebook’s (now Meta) ambitious plans and rising interest in cryptocurrency, the metaverse is no longer a distant dream. Projects like The Sandbox are at the forefront, meticulously constructing a virtual world built upon…

  • OndoFinance in the Spotlight: First Weekly Pick for June!

    OndoFinance in the Spotlight: First Weekly Pick for June!

    Executive Summary   Ondo Finance is a revolutionary platform that constructs a bridge between the decentralized finance (DeFi) and traditional finance (TradFi) landscapes. Established in 2021, Ondo facilitates the tokenization of real-world assets (RWAs) – essentially creating digital representations of traditional financial instruments like stocks and bonds – allowing them to be traded within the…

  • Theta Network: A Decentralized Future for Video Streaming

    Theta Network: A Decentralized Future for Video Streaming

    The internet has revolutionized entertainment, making video streaming a dominant force. However, traditional video streaming services face limitations – content delivery network (CDN) bottlenecks lead to buffering, reduced quality, and high costs. Theta Network emerges as a potential game-changer, aiming to disrupt the industry with a decentralized peer-to-peer (P2P) network powered by blockchain technology. The…

  • TON in the Spotlight: Third Weekly Pick for May!

    TON in the Spotlight: Third Weekly Pick for May!

    TON: A Decentralized Powerhouse Shaping the Future of Web3   The burgeoning landscape of Web3 is brimming with innovation, and the TON project stands out as a prominent player. Originally envisioned by Telegram, TON has transcended its initial roots to become a community-driven blockchain platform with a robust ecosystem and a relentless drive for progress.…

  • Ethena shines bright as the Second weekly pick for May

    Ethena shines bright as the Second weekly pick for May

    Ethena is a synthetic dollar protocol built on Ethereum that provides a crypto-native solution for money not reliant on traditional banking system infrastructure, alongside a globally accessible dollar denominated instrument – the ‘Internet Bond’.   USDe and Asset Backing Mechanism   USDe, the stablecoin of Ethena, is designed to provide a stablecoin solution that is…

  • wormhole shines bright as the First weekly pick for May

    wormhole shines bright as the First weekly pick for May

    Wormhole is the leading interoperability platform powering multichain applications and bridges at scale. The platform is designed to connect different blockchains, allowing for the secure and efficient transfer of data and assets. Individual blockchains like Ethereum and Solana are not inherently compatible with each other. Imagine Wormhole as a series of highways connecting cities, where…

  • Galxe shines bright as the last weekly pick for April

    Galxe shines bright as the last weekly pick for April

    What Is Galxe?Formerly known as Project Galaxy, Galxe is the biggest credential data network in the web3 space. Created in 2021, Galxe was designed as an open credential infrastructure network, allowing developers and brands to build more important products and connect with the right communities. Most times, access to credential data is limited. Credential data…