Blockchain

The replay technique is among the many attacks that have made hackers rich over the years. The phenomenon was born before the invention of cryptocurrencies and has grown recently. This article will deal with various aspects related to the topic. First of all, it will be helpful to understand how a typical replay cyber attack works. Secondly, we will focus on how a criminal can use this technique in crypto. There are several user protection techniques, and every reader must…

As the blockchain industry grows, we see an increase in the imagination of hackers. The first scams in the sector appeared somewhat naive. Today, we are witnessing the emergence of increasingly complex techniques. With the refinement of hacking methodology, it is increasingly more work for users to avoid cybersecurity traps. This article will discuss eclipse attacks and criminal mechanisms that attack blockchains. The direct victim of the attack is not, in this case, the end-user. However, as we will explain,…

Decentralization is the primary selling point of the three worlds of Bitcoin, crypto, and the web. There are several reasons for this. Some are related to the increased transactional efficiency that decentralization can provide. Others are related to creating permissionless, censorship-resistant digital networks. Most importantly, decentralization weakens any single point of failure, bolstering network security. This not only keeps a network as close to unbiased and ‘neutral’ as possible but almost guarantees its immutability. Yet the crypto world hasn’t always…

WebFour ($WEBFOUR), is platform building Web 4.0 with its community. The project’s blockchain in development aims to come from meme roots to create a strong community movement. The team behind WebFour aims to bring together folks from across the world to create a better, fully decentralized space for developers and users. $WEBFOUR is truly the people's web designed to suit the needs of the people. All developers will be welcomed with incentives to help WebFour build the future. $WEBFOUR has…

Metaverse was one of the trendiest terms in 2021, especially after Facebook rebranded itself as “Meta.” As the New Year unfolds, we can expect its buzz to expand and take the world by storm. Nevertheless, the idea of Metaverse is still a little cloudy for many. So we are here to decode it for you. Metaverse and the Buzz Metaverse Group, an NFT-based metaverse real estate company, recently purchased a parcel of virtual land for $2.43 million. Suddenly, everyone was…

Blockchain technology is one of the groundbreaking inventions of our time. Its open-source and highly secure features have allowed an explosion of DeFi applications and crypto projects. However, while blockchain is almost impenetrable, its applications are limited. Most blockchain-based protocols function on intelligent contracts prone to vulnerabilities and code errors. It only takes one hacker attack to destroy several months of development and the project's reputation forever. Fortunately, any project can prevent this catastrophe with an external smart contract audit.…

If you often read our articles, you will surely know that blockchain technology is one of the hottest trends on the market right now. The union of its decentralized nature with a clever data encryption mechanism makes it so that Web3 may be close to replacing Web2.  Although the enormous potential of this new tool is clear to many, understanding its exact future applications is complex. When the internet came out, no one imagined that we would be able to…

The Metaverse is perhaps one of the most interesting trends to follow in the crypto universe for 2022. Many may view this sector with skepticism, and it was the same with Bitcoin. However, virtual reality is about to reach a whole new level.  As with any innovation in our economy, those who want to take advantage of this opportunity must have money, courage, and foresight. But, if today it seems normal for a business to have its website (and, indeed,…

The world’s most significant hedge fund founder wasn’t always keen on crypto, but he now believes it has earned its keep. Ray Dalio recently told Market Watch that a blockchain revolution would happen, given everything Bitcoin has survived already. This was part of a broader conversation about the perilous state of inflation and the Federal Reserve’s lack of solutions. Bitcoin Is The New Gold Dalio touched on crypto Thursday while covering its evolution into a “political statement” against irresponsible monetary…