TechFi
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πŸ’» Many of us, both as individuals and as businesses, utilize globally unique IDs in several situations. However, we have no control over the vast majority of these globally unique IDs.

πŸ—„ Decentralized Identifiers (DIDs) are a new type of unique identifier. They are intended to allow people and organizations to create their own IDs with the help of trusted systems. Besides, entities can verify ownership over these new IDs by authenticating them using cryptographic proofs like digital signatures.

🧷 For this article, let us walk you through the overview of DIDs πŸ‘‰ https://techfi.tech/introduction-to-decentralized-identifier/
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πŸ“Œ Currently, the world of decentralized finance faces the DeFi token and protocol vulnerability problem. Just within the first 5 months of 2022, DeFi hacks have amounted to $1.4 billion in financial losses. There are many different ways for attackers to exploit the DeFi ecosystem that can bring damage to users and platforms.

πŸ“ TechFi will provide viewers with different types of DeFi hacks to give viewers a clearer insight of the DeFi situation.

πŸ‘‰ Check out the above right here.
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πŸ”Ž Many people tend to come to Ethereum when they already know a little bit about cryptocurrencies, especially Bitcoin.

⁉️ But do you know about the core of this platform?

πŸ“ This article provides you the information about Ethereum's groundbreaking, gas, accounts and transaction πŸ‘‰ https://techfi.tech/the-core-concept-of-ethereum/
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πŸ“― KNIGHT OF TECHFI: MEDIVH, AMBASSADOR OF TECHFIAN PRINCIPALITY πŸ“―

πŸŽ‰ After the β€œStepstone Design Contest,” we are pleased to receive many creative works. The best of them is now redesigned to become: Medivh, Ambassador of TechFian Principality.

πŸŽ‰As mentioned, the winner will get 10 Trava Knight NFT chests, and more importantly, his/her design will be brought to the Trava marketplace to trade as a limited NFT which then is prized at 2.5M TRAVA.

πŸ‘‰Click now to visit Medivh the Ambassador on Trava NFT Knight Marketplace: https://nft-app.trava.finance/marketplace/auction/222607?type=unique

πŸ“NOTE: If this NFT is sold, the initial owner can earn 20% of revenue from selling that item, while its 10% will be distributed to all participants.

You can re-check the winner list here:
shorturl.at/hluHX
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πŸ“The primary benefit of staking is that you earn more crypto, and interest rates can be very generous. The more interest rates, the more chance for users to get benefits.

❓Do you wonder what protocol, for now, offers their users the highest staking rewards rates?

πŸ‘†Check out the infographic above.
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πŸ“± Nowadays, DAO has become a fundamental concept in Web3 and DeFi platforms. Almost every DeFi projects find similarity in its vision and mission with the DAO concept - a decentralized autonomous organization that belongs to its community. And DAO as a DeFi governance system has gradually become a gold standard.

πŸͺ„ This article will focus on the foundation of smart contract system behind governance modules of DeFi projects ▢️ https://techfi.tech/daos-defi-governance-part-1-foundation-smart-contract-systems/

πŸ”— Please stay tuned or go to our website for the next part πŸ‘‡
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πŸ“Œ Do Kwon is the CEO of Terraform Labs and the LUNA ecosystem that affected many investors when the stablecoin UST crashed. This crash is one of the most unexpected events in the crypto market because no one can predict that a stablecoin could disappear quickly.

πŸ“ TechFi will provide readers with a clear infographic of Do Kwon’s biography, the head behind Terraform Labs and LUNA.

πŸ‘‰ Check out the infographic above!
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🎯[RECAP] CHALLENGES OF BLOCKCHAIN REAL-TIME DATA ANALYTICS AND THE RELATED INFRASTRUCTURE SOLUTIONS

On 18th July 2022, we were pleased to implement the first episode of the TechTalk series.

πŸ“With the appearance of Mr. Dat Trinh, Head of Data Analysis & Co-founder of Trava Finance, and Mr. Allen Joseph - Developer Relations Manager at Chainstack, this event successfully provided thorough insights into:

πŸ”ΉThe potential of on-chain data analytics and its challenges.
πŸ”ΉThe solutions for existing problems of on-chain data analytics.

πŸ”₯For those who missed our first talk, don’t worry

πŸ‘‰The record is now available on our YouTube channel.
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🎯TechTalk is a special series implemented by TechFi with the goal of bringing users profound knowledge of Blockchain Technology.

🎯Don’t forget to follow our channels to keep updated with the next episode.
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❓ Who were the gainers and losers on the 4th of August 2022?

πŸ“ Cryptocurrency prices often fluctuate; thus, updating its change is important in making the right decision, especially for now, when the market has started to recover.

πŸ‘† Take a look at the infographic above to find out the token price of top gainers and losers.

Source: Coinmarketcap, accessed on 04th, August 2022.
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πŸ“’ An NFT collection is an assortment of digital assets released by an artist (or group of artists) containing a limited number of individual NFTs.

πŸ“ In fact, since the beginning, NFT has captured the attention of many people due to the sheer volume and variety of projects that have been emerging in the field.

🎯 Do you wonder what NFT collections are valuable the most? Check out the infographic provided.
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πŸ“Zero-knowledge Succinct Non-interactive Arguments of Knowledge (zk-SNARK) is the genuinely innovative way of showing that something is true without giving any other information.

πŸ“With the need to improve privacy in the world of Blockchain, zk-SNARK is an emerging topic.

πŸ”₯Let’s take a look at the infographic provided and visit our latest post to dig deep into this new trend.
https://techfi.tech/zksnark-zero-knowledge-succinct-non-interactive-arguments-of-knowledge-2/
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🎯Bitcoin has a history of crashing and rebounding for over a decade, and the investors have been through many ups and downs.

🎯That reminds us that every time Bitcoin and cryptocurrency, in general, have been through some rough times, it manages to recover. That's why we could give it a chance and look forward to its brighter future.

πŸ“Take a look at the infographic for a flashback.
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πŸ“Œ In a world that has many alternations and innovations such as Crypto. Being up-to-date is very necessary.

πŸ“ In the second week of August 2022, the Crypto World has undergone many ups and downs with many interesting events. The Bitcoin price has finally touched the $24,000 mark, and other cryptocurrencies have some highlights.

πŸ‘‰ Let’s check out the Crypto Market worldwide with TechFi through an infographic.
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πŸ“‘Nowadays, many frameworks support SSR and it is becoming a standard for every website with FCB (First Contentful Paint), which occurs when we type a URL on the browser, the corresponding website will appear in a blink.

πŸ”‹However, their TTI (Time to interact) are really poor, and this disadvantage is difficult to improve. Solving this problem, a new face comes to play, Resumability - a potential way to add interactions to SSR websites.

πŸ“Read our article here to get to know more about the new platform πŸ”— https://techfi.tech/server-side-rendering-hydration-vs-resumability/
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πŸ’£A 51% attack is a blockchain restructuring by malicious actors who own more than 51% of a cryptocurrency's total hashing power. In fact, this attack is hard to occur with bitcoin but is still possible with many projects.

πŸ”₯Check out the infographic above and dig more deeply into it throughout the article.

πŸ”—https://techfi.tech/bitcoin-security-quick-look-into-possible-attacks-on-bitcoin/
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πŸ’‘DEX is growing dramatically and attracting millions of users. With such a strong development, the demand for tracking and analyzing information about DEX is extremely necessary.

πŸ“±DEXTools has been developed not only to filter out relevant information fast enough to devise an effective trading strategy in time in blockchain market, but also to do much more.

πŸ“ŒThis article provides profound information about Dextools by answering some core questions: "What is DEXTools?", "Which is the purpose of creating it?", "What are the Features combined on it?". In addition, readers will find a basic tutorial on how to use DEXTools for analyzing DEX.

πŸ”—https://techfi.tech/dextools-wonderful-tool-for-decentralized-exchange-analysis/
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πŸ—žTECH NEWSπŸ—ž

πŸ“Œ During the week, there have been much tech and market news about the crypto industry. The Bitcoin price kept fluctuating and CEO Do Kwon had spoken up about the crash of Terra.

πŸ“ Let’s keep up-to-date with the latest news with TechFi in this week’s Tech News!
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