CosVM Network
Bio
Stories (2/0)
What Is the Importance of Web3 and Decentralization for Industry Ecosystems?
"Web3" is a term that may carry differing interpretations, and for clarity, we will specify what it means. Web3 signifies the upcoming phase of the internet, characterized by the development of decentralized applications (dApps) on various blockchains. Their fundamental design sets Web3 applications apart from their traditional counterparts—operating independently without dependence on a central authority. Instead, these dApps depend on the inherent security provided by the blockchain on which they are deployed.
By CosVM Network2 months ago in Viva
Riding the Wave of IBC's Interconnected Success - CosVM's Token Rise
The Inter-blockchain communication (IBC) technology is enabling seamless communication and transactions between blockchains. This revolutionary development has not only strengthened the foundations of decentralized ecosystems but has also paved the way for innovative projects to thrive. One such project that has been riding the wave of IBC's interconnected success is CosVM, experiencing a remarkable surge in its token value.
By CosVM Network2 months ago in Proof