Polkadot – A beginner’s guide
Introduction : What is Polkadot? Blockchain has revolutionised the dApps infrastructure, while dApps, in return, contribute to enhancing the blockchain ecosystem.” Polkadot (DOT), one of the most inventive dApp promotion initiatives, has enhanced blockchain scalability, interoperability, and security of blockchain system. It connects blockchains by sharing data and resources. Polkadot aims to improve Ethereum. Polkadot … Continue reading “Polkadot – A beginner’s guide”
What is SPACE ID? A Multi-chain Name Service
Introduction As we enter the Web3 age, it is becoming increasingly necessary to have a digital identity that is easily distinguishable and trustworthy. The user experience is seamless since decentralised identity functions as a universal login for Web3 sites. For this reason, each blockchain, protocol, and network system has a unique domain name, which implies … Continue reading “What is SPACE ID? A Multi-chain Name Service”
Everything you need to know about Zilliqa
What is Zilliqa? The public blockchain Zilliqa addresses scalability and throughput difficulties faced by various cryptocurrencies, including Bitcoin and Ethereum. It uses sharding to divide the network into nodes that run processes in parallel to speed up transactions and provide a scalable and secure platform. As the first blockchain to use sharding to solve scalability, … Continue reading “Everything you need to know about Zilliqa”
What Is the Graph & How Does It Work?
What is the Graph? The Graph (GRT) protocol transforms blockchain indexing and data access. Yaniv Tal, Jannis Pohlmann, and Brandon Ramirez founded The Graph to help developers explore Ethereum data. This protocol makes smart contract and NFT data more accessible. Data from many blockchains can be analysed using the blockchain. The Graph’s decentralised indexing and … Continue reading “What Is the Graph & How Does It Work?”
What is Optimism? How does it work?
Ethereum is the top smart contract blockchain, however, scalability is an issue. High throughput and low transaction fees are essential for dApps, DeFi protocols, and NFTs. One common Layer 2 protocol is Optimism, which addresses these concerns. Optimism addresses Ethereum’s scalability and pricey transactions. Ethereum’s network failed to keep up with DeFi, dApp, and NFT … Continue reading “What is Optimism? How does it work?”
What is Zero-knowledge proofs?
With rapid technological innovation, fraud risk has increased. Transaction security is crucial. Blockchain technology is promising, but security must be improved. Here come Zero-Knowledge Proofs (ZKPs). Blockchain has always relied on cryptography. Zero-Knowledge Proofs have gained popularity as a means to secure blockchain transactions. ZKPs secure and anonymize blockchain transactions using cryptography. A Zero-Knowledge Proof … Continue reading “What is Zero-knowledge proofs?”
What is Monero (XMR): A beginner’s guide
What is Monero (XMR)? Monero is a popular cryptocurrency, enables private and censorship-resistant transactions. Unlike Bitcoin and Ethereum, which have visible blockchains that can be tracked and connected to real-world identities, Monero employs novel techniques to safeguard user privacy. Monero, an electronic cash, allows fast, cheap global payments without wire transfer, cheque clearing, or multi-day … Continue reading “What is Monero (XMR): A beginner’s guide”
Tezos – Everything you need to know about it
What is Tezos? Tezos allows XTZ token holders to vote on network rule changes. The software automatically updates all network nodes after rule changes are agreed upon. This gives Tezos users control over its future. The network gains user satisfaction and practically eliminates hard forks by adopting this governance approach. It pioneered the division of … Continue reading “Tezos – Everything you need to know about it”
What is IOTA Blockchain? How does it work?
Over the past several years, blockchain has garnered much attention from enthusiasts and critics, not least due to cryptocurrency market fluctuations. Despite being one of several blockchain uses, cryptocurrencies have garnered the most public interest. Bitcoin and Ethereum are highlighted in popular news, so other cryptocurrencies have received less exposure. The direct acyclic graph (DAG) … Continue reading “What is IOTA Blockchain? How does it work?”
Bored Ape Yacht Club: Most Successful NFT Project in Web 3.0
Introduction Recently, non-fungible tokens (NFTs) have been making waves in crypto. While NFTs have several uses, the most popular and profitable has been creating blockchain-only digital art. A prime example is the Bored Ape Yacht Club. You may be curious about the odd name. Since wealthy crypto aficionados buy these tokens, it makes sense. These … Continue reading “Bored Ape Yacht Club: Most Successful NFT Project in Web 3.0”