-
ARS 1,204.50 (-0.24%) -
BTC 67,485.77 (-1.16%) -
ETH 3,751.70 (-2.03%) -
PEPE <0.01 (-8.51%) -
SOL 169.08 (-0.26%) -
WIF 3.79 (+3.30%) -
DOGE 0.16 (-0.31%) -
BONK <0.01 (-10.37%) -
FLOKI <0.01 (-7.31%) -
BOME 0.01 (-5.27%) -
PEOPLE 0.08 (-11.73%) -
XRP 0.52 (-0.67%) -
CTK 1.03 (+47.53%) -
WLD 4.87 (+5.78%) -
AUCTION 24.41 (+34.71%) -
COS 0.01 (-0.03%) -
RNDR 10.28 (+2.39%) -
TIA 10.79 (-4.85%) -
LINK 18.58 (+0.55%) -
TRU 0.21 (+16.08%) -
ENA 0.84 (-5.62%) -
CHZ 0.16 (+3.67%) -
MATIC 0.72 (-2.18%) -
ETHFI 4.57 (-2.56%) -
JTO 3.86 (+2.91%) -
NEAR 7.63 (-0.73%) -
AVAX 36.38 (-1.89%) -
RUNE 6.61 (-1.73%) -
MEME 0.03 (-2.93%)
Exploring the Future of Decentralized Web with Web3
Published: 2023-06-10
Web3, also known as the decentralized web, is the new generation of the internet that is built on decentralized architecture. It is powered by blockchain technology and offers its users a more private, secure, and open web experience than traditional centralized platforms. The decentralized web leverages a peer-to-peer network, where information is distributed across nodes, making it impossible to manipulate data without consensus, which eliminates the need for intermediaries. This article examines some of the topics that shape the future of Web3.
Main topics - Blockchain technology - Cryptocurrency - Digital Identity - Cross-chain Interoperability - Decentralized Finance (DeFi)
Blockchain technology Blockchain technology is the backbone of Web3. It is a distributed, immutable, and secure ledger that powers a decentralized infrastructure. It enables users to transact and exchange value without the need for an intermediary, making decentralized web applications (dApps) trustworthy and transparent. Public blockchain platforms like Ethereum, Polkadot, and Solana are driving the development of Web3.
Cryptocurrency Cryptocurrencies are digital assets that use blockchain technology to record transactions, secure value, and facilitate payments. They are decentralized and offer users financial freedom, as they allow individuals to make transactions, invest, and store wealth without relying on centralized institutions. Bitcoin and Ethereum are the most popular cryptocurrencies, with their respective blockchains being the backbone of the Web3 ecosystem.
Digital identity Digital Identity plays a crucial role in the Web3 ecosystem, as it enables users to interact with dApps without sharing sensitive personal information. It also ensures that users own their data and control how it gets shared. Projects like Civic, Ontology, and uPort are building digital identity solutions on blockchain technology, making Web3 a more secure and private web experience.
Cross-chain Interoperability Interoperability is a critical component of Web3, as it enables different blockchain systems to interact and exchange value without gatekeepers. Cross-chain interoperability enables smart contract communication between different blockchain networks and allows developers to build decentralized applications that leverage different blockchains' strengths. Platforms such as Polkadot, Cosmos, and Chainlink enable cross-chain communication and interoperability.
Decentralized Finance (DeFi) Decentralized Finance (DeFi) has emerged as one of the essential use cases of blockchain technology. It is a digital financial ecosystem that enables decentralized financial products and services without intermediaries, making it more accessible and transparent. DeFi uses smart contracts to automate financial transactions, enabling borrowers to lend or borrow funds, earn interest, and exchange cryptocurrencies seamlessly. Platforms such as Aave, Compound, and MakerDAO are among the popular DeFi applications.
Conclusion Web3 is an exciting technology that has the potential to revolutionize the way we connect with each other and share information online. It operates on a decentralized infrastructure powered by blockchain technology, enabling users to have more control over their data and ensuring a more private and secure web experience. The future of Web3 is promising, and as it continues to evolve, we can expect to see more innovative applications built on decentralized architecture.
Written by AI (Artificial Intelligence)
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | ARS |
1,204.50 | 2,420,853,820.40 |
| 2 | BTC |
67,485.77 | 1,576,858,647.74 |
| 3 | ETH |
3,751.70 | 1,295,655,084.31 |
| 4 | PEPE |
<0.01 | 638,437,022.75 |
| 5 | SOL |
169.08 | 496,373,746.28 |
| 6 | WIF |
3.79 | 334,607,224.17 |
| 7 | DOGE |
0.16 | 234,590,522.52 |
| 8 | BONK |
<0.01 | 204,088,220.03 |
| 9 | FLOKI |
<0.01 | 197,401,212.79 |
| 10 | BOME |
0.01 | 192,249,465.32 |
| 11 | PEOPLE |
0.08 | 175,494,999.56 |
| 12 | XRP |
0.52 | 162,934,332.00 |
| 13 | CTK |
1.03 | 136,430,644.57 |
| 14 | WLD |
4.87 | 131,642,622.75 |
| 15 | AUCTION |
24.41 | 124,670,284.42 |
| 16 | COS |
0.01 | 101,783,444.22 |
| 17 | RNDR |
10.28 | 98,278,060.13 |
| 18 | TIA |
10.79 | 94,946,459.35 |
| 19 | LINK |
18.58 | 81,627,764.33 |
| 20 | TRU |
0.21 | 77,286,747.88 |
| 21 | ENA |
0.84 | 62,335,520.59 |
| 22 | CHZ |
0.16 | 60,351,289.63 |
| 23 | MATIC |
0.72 | 60,026,017.00 |
| 24 | ETHFI |
4.57 | 58,745,623.65 |
| 25 | JTO |
3.86 | 55,732,046.12 |
| 26 | NEAR |
7.63 | 52,751,588.50 |
| 27 | AVAX |
36.38 | 51,288,032.58 |
| 28 | RUNE |
6.61 | 51,157,950.38 |
| 29 | MEME |
0.03 | 50,607,276.20 |
Coins with rapidly rising prices
(Update every 1 minute)
| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 | CTK |
1.03 | +47.53 |
| 2 | AUCTION |
24.41 | +34.71 |
| 3 | TRU |
0.21 | +16.08 |
| 4 |  VGX |
0.09 | +15.32 |
| 5 |  STEEM |
0.32 | +12.11 |
| 6 |  ARKM |
2.42 | +8.61 |
| 7 |  PORTO |
2.78 | +6.60 |
| 8 |  1INCH |
0.49 | +6.47 |
| 9 |  REI |
0.08 | +5.87 |
| 10 | WLD |
4.87 | +5.78 |
| 11 |  OG |
4.72 | +5.08 |
| 12 |  FXS |
4.67 | +4.62 |
| 13 |  FLUX |
1.02 | +4.45 |
| 14 |  BEL |
0.93 | +4.24 |
| 15 |  BADGER |
4.82 | +3.93 |
| 16 | CHZ |
0.16 | +3.67 |
| 17 |  INJ |
26.66 | +3.37 |
| 18 | WIF |
3.79 | +3.30 |
| 19 |  TROY |
<0.01 | +3.25 |
| 20 |  SANTOS |
7.13 | +3.09 |
| 21 | JTO |
3.86 | +2.91 |
| 22 |  AR |
39.02 | +2.75 |
| 23 |  OOKI |
<0.01 | +2.70 |
| 24 |  COMBO |
0.74 | +2.62 |
| 25 |  DUSK |
0.41 | +2.47 |
| 26 |  AVA |
0.71 | +2.46 |
| 27 | RNDR |
10.28 | +2.39 |
| 28 |  LAZIO |
2.88 | +2.38 |
| 29 |  DODO |
0.19 | +2.33 |
| 30 |  RAD |
1.77 | +2.32 |
The price of coins is falling rapidly.
(Update every 1 minute)
| at | from | is ($US) | reduce (%) |
|---|---|---|---|
| 1 |  KEY |
<0.01 | -21.06 |
| 2 |  BNX |
1.01 | -14.99 |
| 3 | PEOPLE |
0.08 | -11.73 |
| 4 | BONK |
<0.01 | -10.37 |
| 5 | PEPE |
<0.01 | -8.51 |
| 6 | FLOKI |
<0.01 | -7.31 |
| 7 |  XVG |
<0.01 | -7.16 |
| 8 |  KNC |
0.65 | -6.74 |
| 9 | ENA |
0.84 | -5.62 |
| 10 |  SUSHI |
1.19 | -5.49 |
| 11 |  TNSR |
1.07 | -5.32 |
| 12 |  BICO |
0.55 | -5.28 |
| 13 | BOME |
0.01 | -5.27 |
| 14 |  SEI |
0.52 | -5.18 |
| 15 |  UNI |
10.50 | -5.10 |
| 16 |  GALA |
0.04 | -5.06 |
| 17 |  NTRN |
0.76 | -4.91 |
| 18 |  PENDLE |
6.24 | -4.87 |
| 19 | TIA |
10.79 | -4.85 |
| 20 |  STORJ |
0.55 | -4.83 |
| 21 |  ONE |
0.02 | -4.78 |
| 22 |  VANRY |
0.20 | -4.51 |
| 23 |  MANTA |
1.76 | -4.50 |
| 24 |  TAO |
397.70 | -4.38 |
| 25 |  LEVER |
<0.01 | -4.22 |
| 26 |  XAI |
0.74 | -4.11 |
| 27 |  DYM |
2.99 | -4.11 |
| 28 |  ACA |
0.10 | -4.09 |
| 29 |  MAGIC |
0.79 | -4.08 |
| 30 |  REQ |
0.14 | -3.99 |
Bitcoin's Greed and Fear Index.
?72
Greed
Global CryptoCurrency News
?(See more news ...)
US news that has a significant impact on the market
| at | news | day | date | time |
|---|---|---|---|---|
| 1 | FOMC Member Williams Speaks | Wednesday | 29-05-2024 | 18:45 |
| 2 | Beige Book | Wednesday | 29-05-2024 | 19:00 |
| 3 | FOMC Member Bostic Speaks | Thursday | 30-05-2024 | 00:00 |
| 4 | Prelim GDP q/q | Thursday | 30-05-2024 | 13:30 |
| 5 | Unemployment Claims | Thursday | 30-05-2024 | 13:30 |
| 6 | Prelim GDP Price Index q/q | Thursday | 30-05-2024 | 13:30 |
| 7 | Goods Trade Balance | Thursday | 30-05-2024 | 13:30 |
| 8 | Prelim Wholesale Inventories m/m | Thursday | 30-05-2024 | 13:30 |
| 9 | Pending Home Sales m/m | Thursday | 30-05-2024 | 15:00 |
| 10 | Natural Gas Storage | Thursday | 30-05-2024 | 15:30 |
| 11 | Crude Oil Inventories | Thursday | 30-05-2024 | 16:00 |
| 12 | FOMC Member Williams Speaks | Thursday | 30-05-2024 | 17:05 |
| 13 | Core PCE Price Index m/m | Friday | 31-05-2024 | 13:30 |
| 14 | Personal Income m/m | Friday | 31-05-2024 | 13:30 |
| 15 | Personal Spending m/m | Friday | 31-05-2024 | 13:30 |
| 16 | Chicago PMI | Friday | 31-05-2024 | 14:45 |
| 17 | FOMC Member Bostic Speaks | Friday | 31-05-2024 | 23:15 |
