Web2 and web3 represent vastly different approaches to the internet. Web2 relies on centralized servers and data collection models, concentrating power within a few large corporations. Web3 decentralizes control by placing data ownership in the hands of users through blockchain, a distributed ledger technology. However, these two systems are far from separate. Many web3 applications still rely on web2 infrastructure, including domain names, storage, and APIs. This dependency exposes web3 to web2’s centralized weaknesses. For instance, a web3 platform using a cloud provider for off-chain storage could be vulnerable to a server breach. Similarly, web3 platforms with web2 interfaces remain vulnerable to phishing attacks and DNS hijacking.
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Dogecoin's top rival, Shiba Inu (SHIB), has recently taken a beating, dropping 9.8% in the last 7 days and 15.7% in the last 30 days. The dog-themed meme coin is trading nearly 85% below its all-time high, suggesting long-term underperformance. Meanwhile, new presale meme coin MoonTaurus (MNTR) has gained strong investor interest. The token’s presale, launched less than two weeks ago, is 90% complete in the first phase, raising over $270,000. Analysts have expressed their optimism about the newcomer, predicting a 1300% rally in 2024. Shiba Inu, often dubbed the “Dogecoin Killer,” gained immense popularity in 2021, riding the wave of meme coin mania. Its low price and high supply made it an attractive option for investors looking for quick gains. However, the last 3 years have been less kind to SHIB. Despite attempts to innovate and grow its ecosystem, including the introduction of Shibarium, a Layer 2 solution, and SHIB: The Metaverse, the coin has struggled to regain its former glory.
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Mint 001: Allicoiq
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