Magic Eden integrates Solana’s compressed NFTs into marketplace

    NFT marketplace Magic Eden believes that lowering the costs in NFT production creates an “easy access point” for new users to try NFTs. Nonfungible token (NFT) marketplace Magic Eden has announced that it will support Solana’s compressed NFTs (cNFTs) to provide a cost-efficient and scalable alternative to owning digital collectibles. Today we’re releasing support for…

    Is blockchain technology ready for high-storage applications?

    What does the blockchain space need to enable the development of high-storage apps? Web3 — the third generation of the internet — refers to a decentralized and distributed version of the web that uses blockchain technology, and other decentralized technologies, to enable greater user control, privacy and data ownership. It aims to redefine how we…

    Chia Network says it submitted IPO registration to SEC after leadership shuffle

    The green blockchain company revealed no details of the proposal; the new CEO said the IPO would probably occur next year. The Chia Network blockchain said April 14 that it had submitted a proposal for an initial public offering (IPO) to the United States Securities and Exchange Commission (SEC). The size and price range of…

    What is decentralized storage, and how does it work?

    Explore the concept of decentralized storage in this informative guide. Learn about the functioning and advantages of a decentralized storage network. Businesses face several problems when storing data on-premises. There are steep technical and cost issues in scaling infrastructure up and down, and maintaining storage area networks is a challenge. One also has to deal…