Author: Jeremy Ryan

It’s apt to describe Layer 0 blockchains as the foundation of blockchain technology. Though they were preceded by Layer 1 blockchains, they’ve emerged as bedrocks for building true decentralized organizations, networks and economies. While Layer 0 protocols may not be as popular as Layer 1 protocols, they offer a lot of advantages over them. Layer 0 blockchains have solved some of the major issues of older Layer 1 protocols. Their underlying infrastructures solve the key issues of blockchain interoperability, scalability and other issues. They can also significantly improve the functionality of existing protocols. This guide will discuss Layer 0 blockchains…

beginner As the world of cryptocurrencies continues to expand, the need for secure storage of digital assets becomes increasingly important. One type of secure storage that has gained popularity among crypto enthusiasts is cold wallets.  In this comprehensive guide, we will explore what a cold wallet is, how to set one up, and what types of offline wallets exist. We will also discuss some of the best crypto wallet apps, including Mycelium. Cold Wallet: Definition A cold wallet, also known as an offline wallet, is a type of crypto wallet that stores your digital assets without being connected to the…

Welcome to the world of Splinterlands! This guide serves as your compass, helping you navigate the exciting realm of this popular NFT game. Splinterlands combines the thrills of collectible card games with the ever-growing world of NFTs. This guide aims to provide you with an understanding of the game mechanics, NFTs, strategies, and more. So, let’s dive right in!Getting StartedCreating an AccountFirst things first, head over to the official Splinterlands website and create an account. Signing up is simple and straightforward. Just follow the instructions provided, and you’ll be on your way to building your deck in no time.Navigating the…

NFT According to Quaison Carter, the co-founder and CMO of the location-based NFT platform Lostworlds, non-fungible tokens (NFTs) are still not widely used due to what he called “user friction.” Carter, however, insists that the value of NFTs will persist for “as long as there are communities willing to use them.” The Role Played by PFP Communities Concerning the process of onboarding users, the Lostworlds co-founder suggested making this simpler and making sure the user does not spend time trying to understand how they can become NFT holders. When asked about the challenges associated with location-based NFTs such as location…

Okay Bears, a Solana-based NFT collection, has announced a partnership with a global health organization (RED) to release new merchandise to help fund international health efforts. The collaboration is a significant step towards using NFTs for philanthropy and tackling crucial global issues. The collection will feature hoodies, T-shirts, and wristbands with (RED) branding, with a portion of the proceeds donated to The Global Fund to Fight AIDS, Tuberculosis, and Malaria. Just announced at @NFT_NYC: We’re collaborating with @okaybears, a digital collectibles brand and Web3 community on a limited-edition collection of (OKAY)ᴿᴱᴰ merchandise (and more to coming later this year ????) #NFTNYC2023https://t.co/oK8szQGZTQ…

NFT In this article we discuss a sad story in which the protagonist is a famous NFT trader, specifically of the famous Bored Ape (BAYC). After falling victim to a $4 million scam, the unfortunate user was forced to put most of his Bored Ape up for sale to repay a debt incurred in DeFi. The estimated loss amounts to more than 2,000 ETH. Let’s see the details of this affair together. An NFT trader puts much of his Bored Ape up for sale to repay a debt How many Bored Ape NFTs were sold by Franklin? A story that…

NFT Right after the acquisition of Refinable by Artifact Labs, the three-phase process for the complete closure of the NFT trading and creator platforms gets kicked off. Artifact Labs, which happens to be actively engaged in preservation as well as bridging and archiving the past on the blockchain, will now be seen to be utilizing Refinable’s technology in terms of the next stage in its development. Simultaneously, the three-phase process for the final closure of Refinable will be set in place and commence with immediate effect. The first phase will see the cessation of Creator Suite credit card subscriptions. In…

Blockchain BNB Chain, the blockchain developed by crypto exchange Binance, updated its Red Alarm list to include 191 high-risk projects and decentralized applications (dApps) currently hosted on the blockchain. BNB Chain’s Red Alarm list — which gets updated every Friday — includes projects and DApps that are deemed risky investments purely based on smart contract assessment. The 191 new projects on BNB Chain that have been added to the list are either suspected of issuing fake tokens, high or opaque tax fees or simply because their websites or Twitter handles don’t work. A snippet of the risky projects on BNB…

Blockchain Blockchain technology needs a benchmark communications standard that can be easily integrated by every network in order for a complete transition from Web2 to Web3 to occur, industry commentators say. Many expect there will be multiple blockchains and such an ecosystem requires communication protocols similar to the Transmission Control Protocol/Internet Protocol (TCP/IP) used on the internet. Ryan Lovell, director of capital markets at crypto price oracle solutions firm Chainlink Labs told Cointelegraph that blockchains without interoperability are like what computers are without the internet — isolated machines which cannot transfer data and value across networks. “To realize a fully…

Truth Labs, the company behind the infamous ‘Goblintown‘ NFT collection has once again courted controversy on the blockchain. This time switching out the artwork on its flagship NFT project in order to make a statement about creator royalties.Goblintown recently sent shockwaves through its community when it altered its artwork to a single-fingered salute to those circumventing creator royalties. The shocking move was accompanied by a sarcastic statement that read, “Fuck royalties. Fuck supporting building and creatives. Flipping is the heart of what makes Web3 special. Honor the flipper, fuck the community. Long live the slow rug.”Starting today, metadata for all @goblintown,…