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Admin – Page 17 – HacksByte

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What Is Web3?

Web3 is an emerging, blockchain-built concept that aims to replace the current web as we know it with a more sovereign version. Web3 will allow people to keep ownership of the data we use online. It will all be possible by the use of Blockchain technology via smart contracts. Web3 is all about decentralization.

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What is Proof-of-Stake?

As protocols like Polkadot, Solana, Cardano and Ethereum 2.0 are becoming known names in the crypto community, some might be wondering whether Proof-of-Stake (PoS) is going to bring cryptocurrencies to greater heights in terms of price and..

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What is a DAO?

A DAO, which is short for Decentralized Autonomous Organization, is a term that is often used in the cryptocurrency space but not always widely understood. In short, a DAO is a set of organizational rules that is triggered automatically and removes the need for intermediaries. In this guide, we will give a more detailed explanation of what they are, how they are created, and everything else you need to know about DAOs.

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What Is Bitcoin? Everything you need to know!

Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.

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