The digital world is transforming in ways we never imagined, and Non-Fungible Tokens (NFTs) are leading the way. Thanks to blockchain technology and NFTs, social media platforms are beginning to experience a new level of engagement. From customizable avatars to augmented reality items, NFTs are giving big tech companies new ideas. This article will explore the potential benefits of using NFTs for social media platforms and the sector’s best practices. In this context, Instagram's experiment with NFTs represents a peculiar…
TRON
What is BitTorrent Network (BTT)?
The BitTorrent network is a peer-to-peer (P2P) file-sharing system that allows users to distribute large files efficiently. It was first developed in 2001 and is now one of the world's most widely used P2P protocols. The BitTorrent protocol breaks large files into smaller pieces, called "pieces," and then distributes those pieces to multiple users, called "peers." When users want to download a file, they connect to the network and receive the pieces of the file from multiple peers. This allows…
2 months ago 170 views
What is TRON Virtual Machine (TVM)?
TRON Virtual Machine (TVM) is a virtual machine designed for the TRON network, a blockchain platform for building decentralized applications. The TVM is used to execute smart contracts on the TRON network, self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. TVM is designed to be fully compatible with the Ethereum Virtual Machine (EVM), which means that developers can use the same programming languages and tools to develop smart contracts…
2 months ago 308 views
What is TRON (TRX)?
TRON is a decentralized blockchain-based platform for building and deploying decentralized applications (dApps). The TRON blockchain is based on a consensus mechanism called Delegated Proof of Stake (DPoS), which differs from the Proof of Work (PoW) mechanism used by Bitcoin and other cryptocurrencies. In DPoS, token holders vote for a set of "super representatives" who are responsible for validating transactions and maintaining the integrity of the blockchain. These super representatives are then responsible for generating blocks and adding them to…
2 months ago 259 views