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Friday, July 5, 2024
bitcoin
Bitcoin (BTC) $ 58,047.55
ethereum
Ethereum (ETH) $ 3,120.82
tether
Tether (USDT) $ 0.99998
bnb
BNB (BNB) $ 522.58
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.443378
binance-usd
BUSD (BUSD) $ 0.989045
dogecoin
Dogecoin (DOGE) $ 0.107508
cardano
Cardano (ADA) $ 0.371014
solana
Solana (SOL) $ 132.15
matic-network
Polygon (MATIC) $ 0.505842
polkadot
Polkadot (DOT) $ 5.67
tron
TRON (TRX) $ 0.128227
HomeNewsMetaverseblockchain metaverse know-how generations 1.0 to 4.0 defined | Rajeev Anand |...

blockchain metaverse know-how generations 1.0 to 4.0 defined | Rajeev Anand | decentraland mana

#blockchain #blockchaintechnology #blockchaindevelopers #blockchaingaming #decentralandmana #thesandbox #polygonmatic #polkadot #solana #ethereum #bitcoin #rajeevanand #metaverse #metaversegaming #metaverse #3dvirtualworld #3dvirtualreality

blockchain metverse know-how generations 1.0 to 4.0 defined | Rajeev Anand | decentraland mana

What Precisely is Blockchain?
Blockchain is a transaction report database that’s distributed, validated and maintained around the globe by a community of
computer systems. As an alternative of a single central authority resembling a financial institution, a big neighborhood oversees the data in Blockchain, and
no particular person individual has management over these data.
Blockchain is predicated on decentralized applied sciences. This capabilities as a peer-to-peer (P2P) community.
Blockchain may be outlined as “A peer-to-peer, decentralized, distributed ledger that data transactions effectively, and in
a verifiable and strong style.”
Blockchain 1.0
● First technology of blockchain: Bitcoin
○ Construct a distributed ledger of transactions based mostly on DLT enabling contributors to switch belongings P2P
○ Decentralized platform
○ Enabled transparency, immutability, accountability, and safety utilizing cryptographic ideas
○ Labored on Proof of Work consensus system
Blockchain 1.0
● First technology of blockchain: Bitcoin
○ Construct a distributed ledger of transactions based mostly on DLT enabling contributors to switch belongings P2P
○ Decentralized platform
○ Enabled transparency, immutability, accountability, and safety utilizing cryptographic ideas
○ Labored on Proof of Work consensus methods
Blockchain 3.0
● Rise of layer two scaling options
● Layer 2 options are aspect chains operating parallel to the ethereum major chain, offering:
○ Higher transaction pace
○ Low transaction prices
● Examples:
○ Polygon (Matic)
Blockchain 4.0
● Fourth-generation blockchains supplied varied options:
○ Higher scalability at decrease prices
○ Extremely secured blockchains
○ Higher adaptability
○ Identification and entry administration options
○ Automation and integration of execution frameworks

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