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Web3 (also known as Web 3.0) [1] [2] [3] is an idea for a new iteration of the World Wide Web which incorporates concepts such as decentralization, blockchain technologies, and token-based economics. [4] This is distinct from Tim Berners-Lee's concept of the Semantic Web.
Uniswap Labs is a software company in the decentralized finance (DeFi) space, founded in 2018 by Hayden Adams. [11] [12] It is the creator of the Uniswap Protocol, a peer-to-peer system for swapping digital assets, which has facilitated over $2.4 trillion in trading volume.
Web3, also called Web 3.0, is the name given to a decentralized web movement that is sometimes described as a "read/write/own" stage of internet development. It focuses on decentralizing the underlying infrastructure of the internet, shifting away from centralized data storage and management using new protocols and technologies.
Web 3.0 may refer to: Semantic Web, sometimes called Web 3.0; Web3 (sometimes referred to as Web 3.0), a general idea for a decentralized Internet based on public ...
The Semantic Web, sometimes known as Web 3.0 (not to be confused with Web3), is an extension of the World Wide Web through standards [1] set by the World Wide Web Consortium (W3C). The goal of the Semantic Web is to make Internet data machine-readable .
The term "physical bitcoin" is used in the finance industry when investment funds that hold crypto purchased from crypto exchanges put their crypto holdings in a specialised bank called a "custodian". [58] These physical representations of cryptocurrency do not hold any value by themselves; these are only utilized for collectable purposes.
This is changing now that specialised tech companies provide blockchain tracking services, making crypto exchanges, law-enforcement and banks more aware of what is happening with crypto funds and fiat-crypto exchanges. The development, some argue, has led criminals to prioritise the use of new cryptos such as Monero. [60] [61] [62]
On July 13, 2023, Judge Analisa Torres of the United States District Court for the Southern District of New York issued a decision on motions for summary judgment and stated the XRP token itself is not a security, although the manner in which it is sold could constitute the sale of a security. "XRP, as a digital token, is not in and of itself a ...
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