A supernet or umbrella network combines multiple smaller networks or blockchains into one larger network. Supernets enable communication among distinct blockchain networks, considerably improving the usefulness of the overall system by enabling the transfer of assets and data among different blockchains. Furthermore, shared infrastructure and resources can be made possible by interconnected networks, which can lower…
As the metaverse continues to grow and evolve, it is essential that we consider and address the ethical questions and challenges it raises. The metaverse, a virtual environment that simulates reality, offers complex moral dilemmas regarding privacy, ownership and control. These consist of: Privacy: Who has access to and how is personal information used within…
What are coinbase transactions Not to be confused with the cryptocurrency exchange Coinbase, the term “coinbase transaction” refers to a particular type of transaction that occurs in every new block of a blockchain. Coinbase transactions are a key part of the system that blockchains utilize to introduce new currencies that have never been sent into circulation….
What is the dark side of the metaverse? The metaverse has the potential to alter the way we interact and engage with one another and technology. However, there are also possible drawbacks and risks, just like with any new technology. Potential problems with privacy, security and legislation are part of the metaverse’s negative side. One…
From “pig butchering” to phishing, there are myriad ways that scammers try to take advantage of crypto users. Despite the belief of many crypto enthusiasts that centralized exchanges (CEXs) are safer, history has often shown them to be rather vulnerable to attacks. Because these exchanges centralize the storage of users’ assets, they can be attractive targets…
To land a job in the Metaverse and Web3, possess the right skills, interact and network with people, build your brand, create content, and increase your exposure in the crypto market – advice Agjit Singh on Cointelegraph. Can you work in the Metaverse? The Metaverse is the next big career path on which to…