Web3 is the modern term to indicate a new internet’s concept, still in development.
This term was create in 2014 by Gaving Wood, Ethereum co-creator.
“We engineer the system to mathematically enforce our prior assumptions, since no government or organisation can reasonably be trusted”, said Wood.
It’s consecutive to Web1 and Web2.
Web3 was developed to give users more control over their personal data. Web3’s technology is focus on internet decentralization.
This update give to users the possibility to create and maintained their creations.
Web3 will be make with blockchain technology: this new update offer the possibility to do not permit that all informations would finish into tech companies like Google, Amazon, etc.
User informations will be available on the blockchain’s register that is public.
Web3 will be build to equalize internet and make sure that everyone share and receive informations not control by top monopolies.
This new version will permit users to create sure products and services online and make money.
Josh Neuroth, head of product at Ankr, declared “The whole point of web3 is getting ownership and decision-making away from a small group of people, into the hands of the community. It's very democratic”.
Data ownership. When users browse on Youtube, Google, Facebook…their data are monetized by these societies. In Web3, will be a crypto wallet in which personal data never be expand to third parties.
Only users can decide how to enjoy their data!
Privacy. Also privacy will be into a wallet own only by users. Decentralized systems are made to resist to hackers’ attacks: will be very difficult enter into people’s wallet.
Freedom. Also from financial point users will be free. In fact, in Web3, every users are stakeholders. Web 3 will encourage also DeFi and payments with cryptocurrencies.
Honesty. All users will be part of a decision-making system, payments will be traceable and no one can modify database after transactions.
1989 , Tim Barners-Lee created the World Wide Web protocol.
Web1 was under top companies’ control and users can’t had mutual interactions.
The previous internet’s version was focused on a read-only version. This update, added the read-write version. Top societies give content to users and encourage interactions.
Companies take under control traffic on web and start to earn.
With Web2 was born the advertising model obviously monetizing by top companies.
In this version, users can’t have any control or possibility to own something.
Basically, Web3 will be a secure and free system that will protect user in matters of privacy, data retention and gains.
SOURCE: BusinessInsider
READ ABOUT TRADITIONAL BANKING THAT CALLS TO THE CRYPTO WORLD…
Chiara Chiommino is a graduating student in science of communication with work’s experience in social media marketing and web marketing as Brand Manager for Italian Cigar Group SRL. She took part in an internship experience entitled "Il Metaverso" in Italy.
BlackRock is one of the most important providers of investment in the world. It offers to its clients advisory and risk management solutions.
Larry Fink, CEO of BlackRock, said that despite FTX failed, he trusts in tokenization and said also that this will be the evolution of the financial market.
“I believe the next generation for markets, the next generation for securities, will be tokenization of securities.”
He encourages the investing ecosystem change introducing an “instantaneous settlement” that manifests every owner and seller of securities on registers.
SOURCE: CoinTelegraph
READ ABOUT BINANCE: 1$B FOR CRYPTO RECOVERY FUND…
Chiara Chiommino is a graduating student in science of communication with work’s experience in social media marketing and web marketing as Brand Manager for Italian Cigar Group SRL. She took part in an internship experience entitled "Il Metaverso" in Italy.
The Chamber of Deputies of Brazil approved crypto payments throughout the country.
Cryptocurrencies do not have legal tender around the country despite the new crypto law’s approval.
Digital currencies and air mileage programs will be payment methods only under the control of the country Central Bank.
In detail: the Brazil Central Bank will be involved when people use Bitcoin as payment; the Country Security and Exchange Commission will supervise when Bitcoin is used as an investment benefit.
BCB, CVM and RFB - Federal Tax Authority - gave birth to the realization of the new legislation.
SOURCE: BitcoinMagazine
READ ABOUT ELON MUSK CRYPTO STATUE…
Chiara Chiommino is a graduating student in science of communication with work’s experience in social media marketing and web marketing as Brand Manager for Italian Cigar Group SRL. She took part in an internship experience entitled "Il Metaverso" in Italy.
Elon Goat Token (EGT) spent $600.000 for the realization of a giant crypto statue.
The monument presents Elon Musk’s head which has the body of a goat that is riding a rocket.
Musk is wearing a necklace with a Dogecoin symbol, the famous crypto that he supports since many years.
The monument that is situated in Los Angeles, was literally a big failure! In fact, the “brilliant marketing gimmick”, seems to have been disliked by Musk himself as he has not received any public recognition from him, not even on Twitter.
The EGT’s monument anyway was appreciate by readers of the Wall Street Journal and other important papers.
SOURCE: CoinTelegraph
READ ABOUT TRADITIONAL BANKING CALLS TO THE CRYPTO WORLD…
Chiara Chiommino is a graduating student in science of communication with work’s experience in social media marketing and web marketing as Brand Manager for Italian Cigar Group SRL. She took part in an internship experience entitled "Il Metaverso" in Italy.
StarkNet is a decentralized license Validity-Rollup.
It operates as an L2 network over Ethereum, authorizing all apps to achieve unlimited scale for its computation. This, without compromising Ethereum’s security.
StarkNet supports scale. It keeps the L1 Ethereum’s security with the introduction of STARK proof off-chain and then verifying those proofs on-chain.
StarkNet is destinate to all developers which can establish any business logic using StarkNet Smart Contracts.
This platform uses Ethereal level composability to facilitate development and innovation.
In this software, users have the possibility to do:
Cairo 1.0 is the new StarkNet’s open source.
Ethereum Layer-2 (L-2) will be support the new version of Cairo, scaling solution StarkNet in Q1 2023.
Abdelhamid Bakhta, starkware Exploration Lead and former Ethereum said:
“We’re continuing to open source the StarkNet tech stack, beginning with Cairo 1.0. We’re doing this in order to fulfill StarkNet's vision as a public good that anyone can use, and that the community can constantly improve”.
Cairo 1.0 builds datas demonstrable, therefore StarkNet’s censorship resistance properties will be reinforced.
Cairo 1.0 is created from the ground up, allowing for faster feature development and for more community involvement.
This release was defined by its creator “the first milestone in reaching above goals”.
StarkWare’s STARK tech includes Decentralized exchange (DEX), Non Fungible Token (NFT) and Blockchain technology (protocol Celer Network).
In Cairo 1.0, many of the syntax/language improvements will be use.
To show the differences between the old syntax and the new in Cairo 1.0, developers added the possibility to demonstrate to users a few different implementations of finding the Fibonacci number.
Cairo 1.0 will be available soon, stay tuned and enjoy this new release!
SOURCE: CoinTelegraph
READ ABOUT SUNAK AND CRYPTO: TWO GOOD FRIENDS…
Chiara Chiommino is a graduating student in science of communication with work’s experience in social media marketing and web marketing as Brand Manager for Italian Cigar Group SRL. She took part in an internship experience entitled "Il Metaverso" in Italy.
Binance wants to assign $1 Billion for crypto recovery fund.
Binance CEO Changpeng Zhao also revealed his interest in a bid to solve the problem of bankrupt of Voyager, a USA based business.
After FTX failure, Zhao designed a new plan to avoid financial problems.
For this reason Binance wants to launch a new recovery fund: “ to help projects who are otherwise strong, but in a liquidity crisis”. Zhao also added that a if that’s not enough, they can allocate more.
The fund will be ready at the end of 2022 despite there are only two months before the year’s end!
SOURCE: CoinDesk
READ ABOUT HASHFLARE FOUNDERS IN HANDCUFFS…
Chiara Chiommino is a graduating student in science of communication with work’s experience in social media marketing and web marketing as Brand Manager for Italian Cigar Group SRL. She took part in an internship experience entitled "Il Metaverso" in Italy.
HashFlare is a cryptocurrency cloud mining service that permit you to mine for Bitcoin and popular alt coins.
Individual miners and businesses exploit it in services like IT, accounting, real estate, finance and software development.
But now, the two HashFlare Founders are in handcuffs because of their collaboration in a $575 million fraud intrigue.
The United States Department of Justice established that the action plan was staged by owners Sergei Potapenko and Ivan Turõgin. They created a “multi-faceted scheme that defrauded hundreds of thousands of victims”.
SOURCE: Binance
READ ABOUT VITALIK BUTERIN AFTER FTX COLLAPSE…
Chiara Chiommino is a graduating student in science of communication with work’s experience in social media marketing and web marketing as Brand Manager for Italian Cigar Group SRL. She took part in an internship experience entitled "Il Metaverso" in Italy.
Vitalik Buterin, Ethereum co-founder, taking as a starting point FTX’s collapse, became a teacher.
In fact, maybe scared about a general crypto collapse, said that complications arrive from people, technology isn’t responsible.
He started to give lessons and tricks to recognize scams.
Said that “what happened at FTX was of course a huge tragedy. That said, many in the Ethereum community also see the situation as a validation of things they believe in all along: centralized anything is by default suspect”.
Buterin also posted a tweet in which explain how to fortify confidence in business for others investors.
SOURCE: CoinTelegraph
READ ABOUT FTX TOWARDS TOTAL BANKRUPTCY…
Chiara Chiommino is a graduating student in science of communication with work’s experience in social media marketing and web marketing as Brand Manager for Italian Cigar Group SRL. She took part in an internship experience entitled "Il Metaverso" in Italy.
Tuvalu is an island which its part of an archipelago consisting of nine island between Australia and Hawaii. There live almost 12.000 people but scientists communicated that this island will be totally underwater by the end of the 21st century.
To preserve Tuvalu, the island of South Pacific, Ministry Hon Simon Kofe decided to act in an unusually way.
Because of the climate changes and the consecutive scare for an augmented sea levels, the last and the best alternative is to recreate the island in the metaverse.
Now almost 40% of the nation’s district is underwater with rising sea level.
For this reason the meta-way is an excellent idea.
With the creation of this metaverse, Tuvalu will be the first digitized nation in the meta-world.
This will be an opportunity to the district to promote its ocean and culture which, how Kofe said, “are the most precious assets”.
Last year, at the conference COP26, Kofe did the conference standing in seawater to put attention on the dangerous that climate change represent on an island like Tuvalu.
The world has only eight years to reduce global emission and to preserve the 1.5C target.
In 2021, the island nation of Barbados created an embassy in the Decentraland metaverse.
This year, an Australian indigenous tribe wanted to created an embassy in a metaverse like Barbados did.
Norway destined a space to host its federal tax office in the metaverse.
UAE did a new headquarters for its own Ministry of Economy on meta-world.
Also Seoul, South Korea and Santa Monica recreated - and amplified - their spaces creating others on metaverse.
SOURCE: The Guardian
READ ABOUT EDUCATING METAVERSE…
Chiara Chiommino is a graduating student in science of communication with work’s experience in social media marketing and web marketing as Brand Manager for Italian Cigar Group SRL. She took part in an internship experience entitled "Il Metaverso" in Italy.
