Decentralized Web Guide

These days the Decentralised is a hot topic and almost everyone is talking about it. No matter where you go, either offline or on social media, the Decentralised Web is a trending topic for young minds.  But did you know what is the Decentralised web actually? Gain all the insights on this topic and enrich your knowledge. Decentralized Meaning The decentralized web is also abbreviated as the DWeb or is also known as Decentralised Web 3.0 or DWeb 3.0. The web or worldwide web came into existence in 1982, where you used to connect your friends from one web to another web.  But then, Web2.0 came into existence in the early 2000s, which brought the centralization web. The big giant companies started playing an important role in data sharing.  For instance:- Google, Microsoft, Amazon, and Facebook. If you want to store your data, you have to use their services which means there is a third party involved between you and your data. This could be a little unsecured as the chan...

  If there is one crypto currency everyone should know about then that one is   bitcoin . So without any further ado, let’s discuss it. What is Cryptocurrency ? Cryptocurrency is a digital asset. The name cryptocurrency comes from the basic fact that all of its transactions are highly encrypted, safe and make the exchange highly secure. Cryptocurrency is not like the other currencies, it is fully decentralised in nature which means the government or central bank has no control over it. Cryptocurrency is equated with precious metals like gold and silver and is finite in nature. How Does Bitcoin Work? Bitcoins are stored in digital wallets on a smartphone or computer. To understand more deeply how cryptocurrency works, we need to dive into these terms first. Blockchain  — blockchain has the capacity to store information in the digital format. Blockchains are well known for their essential role in cryptocurrency systems such as bitcoin. It helps in maintaining a secured reco...