In Stephenson's story, the metaverse is a shared 'imaginary place' connected to the world's fiber-optic network. By using virtual reality goggles, users can interact with the metaverse. Every virtual world - be it a game, virtual museum, or a hangout blockchain trends space - is built on its own programming framework and it is closed within a given … [Read more...]
What is Technical Analysis? Definition, Types of Charts
You can calculate simple moving average by adding the closing price of a company stock and then dividing it by the number of days. So, if you want to calculate a 50-day SMA, you will have to add the closing price of the stock for the last 50 days and then divide it by 50. Using technical analysis in investing is a bit like trying to predict the … [Read more...]
What Does Proof-of-Stake PoS Mean in Crypto?
Understanding Ethereum’s Proof of Stake consensus mechanism will help you make informed decisions about interacting with the blockchain. Unraveling the complex yet powerful consensus mechanism securing the behemoth blockchain that is Ethereum. But for that, the “rogue” node must have at least 51% of all coins in circulation. In 2020, the first … [Read more...]
Centralized vs Decentralized Cryptocurrency Exchanges
Centralized cryptocurrency exchanges, as the name implies, function as a middleman between buyers and sellers. Almost all crypto transactions are conducted through centralized exchanges, which provide more trustworthiness. Traders’ necessity for crypto exchanges to carry out trading has increased as the number of cryptocurrencies has exponentially … [Read more...]