👉Web 3.0 refers to the next generation of the Internet that aims to decentralize online platforms, increase user privacy and control, and enable peer-to-peer interactions. There are numerous protocols and technologies being developed to support the vision of Web 3.0. Here are 20 notable protocols in the Web 3.0 space:1. Ethereum (ETH): The second-largest cryptocurrency by market capitalization, Ethereum serves as a decentralized platform for smart contracts, dapps, and decentralized finance (DeFi) applications.2. Polkadot (DOT): Polkadot is a multi-chain network that allows different blockchains to interoperate, enabling the transfer of assets and data across chains.3. Filecoin (FIL): Filecoin is a decentralized storage network that allows users to rent out their unused hard drive space and receive rewards in the form of Filecoin cryptocurrency.4. IPFS (InterPlanetary File System): IPFS is a peer-to-peer distributed file system that aims to replace, or at least augment, the traditional centralized HTTP protocol for content distribution.5. Arweave (AR): Arweave is a decentralized storage network that uses a novel approach called the "blockweave" to permanently store data on-chain.6. Cosmos (ATOM): Cosmos is a network of interoperable blockchains that allows for seamless communication and transfer of assets between different chains.7. Golem (GLM): Golem is a decentralized marketplace for content computation, enabling users to rent out their idle computing power for tasks such as rendering CGI, AI training, and more.8. Tezos (XTZ): Tezos is a self-amending blockchain platform that allows for on-chain governance and smart contracts.9. Algorand (ALGO): Algorand is a scalable and secure blockchain platform that uses a proof-of-stake consensus algorithm to achieve decentralization.10. IOTA (MIOTA): IOTA is a distributed ledger technology designed for the Internet of Things (IoT) that facilitates secure and feeless machine-to-machine transactions.11. Solana (SOL): Solana is a high-performance blockchain platform that aims to scale and process thousands of transactions per second.12. Avalanche (AVAX): Avalanche is a highly scalable and decentralized platform that enables the creation and execution of custom blockchain networks.13. Chainlink (LINK): Chainlink is a decentralized oracle network that connects smart contracts with real-world data and external APIs.14. Avalanche (AVAX): Avalanche is a highly scalable and decentralized platform that enables the creation and execution of custom blockchain networks.15. Sia (SC): Sia is a decentralized cloud storage platform that allows users to rent out or lease unused storage space directly.16. NKN (New Kind of Network): NKN is a decentralized peer-to-peer networking protocol that aims to create a resilient and scalable internet infrastructure.17. Helium (HNT): Helium is a decentralized wireless network that incentivizes individuals and organizations to build and maintain low-power, long-range wireless networks.18. Handshake (HNS): Handshake is a decentralized domain name system (DNS) that aims to replace the traditional centralized system with a censorship-resistant and permissionless alternative.19. NEAR Protocol (NEAR): NEAR is a developer-friendly blockchain platform that aims to provide scalable and user-friendly infrastructure for decentralized applications.20. Cardano (ADA): Cardano is a blockchain platform that aims to provide a secure and scalable infrastructure for the development of decentralized applications and smart contracts.These are just some of the notable Web 3.0 protocols and technologies that are playing a significant role in shaping the future of the decentralized Internet.$BTC $BNB $SOL #WebNext #BinanceEarnings #protocol BinanceNFT

In a surprising development, it has been reported that the individual responsible for the hack of Euler Finance has returned 51,000 #ETH to the DeFi lending protocol.

This amount was in addition to a further 7,737 ETH that the hacker returned, bringing the total amount of funds returned to 58,737 ETH. This translates to approximately $102 million at current rates.

This is a noteworthy development following the attack on Euler on March 13, 2023. The hack resulted in one of the largest flash loan attacks in DeFi history, with the #protocol suffering losses of $197 million.

The attacker was able to exploit the smart contract vulnerability in the protocol and make off with over $197 million worth of various crypto assets.

These included $8.7 million worth of DAI, $19 million worth of wrapped #bitcoin (wBTC), $34 million in USD Coin (USDC), and about $136 million worth of staked ether (stETH). Since the attack, Euler Labs, the developer of the protocol, has been working with security professionals and law enforcement to track down the hacker and recover the stolen funds.

The team even offered a $1 million reward for any information that could lead to the recovery of the funds.

In an interesting turn of events, the owner of a wallet containing 10 million of the stolen DAI sent out a message offering to provide detailed information about the Euler hacker in exchange for the 10% bounty that Euler had previously offered.

Another individual, who identified themselves as "Euler exploiter 3," followed this message with an email address and asked Euler to contact them with information regarding the people responsible for the March 13 exploit. This person explicitly stated they were not interested in the bounty. It appears that the attackers may be turning on each other.

It is still unclear whether the hacker returned the funds voluntarily or under pressure from the authorities. Some speculate that the hacker may have negotiated with Euler Labs to avoid legal consequences.

Nonetheless, the return of such a significant amount of funds is a positive development for the DeFi lending protocol, which will be looking to further enhance its security measures.

In the world of blockchain technology, a hard fork is a significant event that can bring about significant changes in the #blockchain network. A hard fork occurs when a blockchain network undergoes a permanent divergence in the chain due to a change in the network's rules. The term "hard fork" is used to differentiate it from a "soft fork," which is a temporary divergence that is usually resolved without any significant impact on the network.

What is a Hard Fork?

A hard fork is a permanent split in a blockchain network's chain, resulting from a change in the network's rules. The change can be initiated by a group of #developers or #miners who wish to make changes to the network's #protocol or by a significant disagreement within the network's community. In a hard fork, the new chain created is not backward compatible with the original chain, which means that nodes running the old version of the software will not be able to interact with nodes running the new version of the software. This results in two separate blockchain networks, each with its own set of rules and protocols.

Types of Hard Fork:

There are two types of hard forks: planned hard forks and contentious hard forks.

Planned Hard Fork:

A planned hard fork is a premeditated and scheduled event in which the network's rules are changed to improve its functionality, security, or scalability. This type of hard fork is usually agreed upon by the majority of the network's community, and it is executed with the aim of improving the network's overall performance. Examples of planned hard forks include the Ethereum Constantinople hard fork and the Bitcoin Segwit2x hard fork.

Contentious Hard Fork:

A contentious hard fork is a result of a significant disagreement within the network's community, usually over the network's direction, rules, or protocol. This type of hard fork can result in the creation of two or more blockchain networks, each with its own set of rules and protocols. Examples of contentious hard forks include the Bitcoin Cash hard fork and the Ethereum Classic hard fork.

Impact of Hard Fork:

A hard fork can have a significant impact on the blockchain network, its users, and its stakeholders. Here are some of the possible impacts of a hard fork:

Creation of a New Cryptocurrency:

When a hard fork occurs, a new cryptocurrency is created, which can have a significant impact on the value and adoption of the original cryptocurrency. This is because the new cryptocurrency may have different rules, features, and functionality than the original cryptocurrency.

Loss of Consensus:

A hard fork can result in a loss of consensus within the network's community, as some members may choose to support the new chain while others may stick with the old chain. This can lead to a split in the #community and a loss of trust in the network's governance.

Network Security:

A hard fork can also impact the network's security, as it can result in a loss of mining power, which can make the network more susceptible to 51% attacks. In addition, the split in the community can result in a loss of development resources, which can make it more difficult to maintain and improve the network's security.

Conclusion:

In conclusion, a hard fork is a significant event in the world of blockchain technology that can have a significant impact on the network, its users, and its stakeholders . Hard forks can be planned or contentious, and they can result in the creation of a new cryptocurrency, a loss of consensus, or a loss of network security. It is important for blockchain networks to carefully consider the impact of a hard fork and to ensure that any changes made to the network's rules are agreed upon by the majority of the network's community.