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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 the Sandbox?
Introduction The gaming business has recently shifted towards blockchain projects. Metaverse technology has enabled play-to-earn games, where players earn prizes through gameplay. The Sandbox, a metaverse game, is redefining virtual world interaction. Player-generated content platform The Sandbox lets participants create, share, and play 3D games and experiences. The third largest metaverse, built on Ethereum, attracts … Continue reading “What is the Sandbox?”
What is THORchain?
Centralised exchanges make trading cryptocurrencies easy in a sea of blockchains. However, this convenience requires giving up asset custody to a central organisation. Decentralised exchanges (DEXs) offer an alternative but cannot manage cross-chain trades. For instance, Uniswap handles Ethereum-based tokens well but struggles with Bitcoin and Binance SmartChain’s BNB. Users have usually used wrapped assets … Continue reading “What is THORchain?”
What is Layerswap?
Introduction Have you ever found it challenging to transfer your cryptocurrencies between various platforms, such as online exchanges, blockchains, and traditional banks that too seamlessly ? Now think that you have some cryptocurrencies stored on an online exchange, and you would like to use them for a special purchase or securely store them in another … Continue reading “What is Layerswap?”
Guide to Crypto Tax in India
Taxation is often likened to death – an unavoidable aspect of life. Governments adapt to new developments, ensuring they are included in the tax net. Cryptocurrencies are no exception. In recent years, digital currencies like Bitcoin and assets like NFTs have gained global popularity, with cryptocurrency exchanges facilitating extensive trading. Cryptocurrencies have reshaped investment landscapes … Continue reading “Guide to Crypto Tax in India”
What is a Chain Split?
Introduction Not everyone fully knows what it means when a fork causes a chain to split. In blockchain and cryptocurrency, forks are common. Did you know that these coins’ chains had ever split? Some people see these splits positively, but there’s more to the story than that. In this blog, we will talk about the … Continue reading “What is a Chain Split?”
Binance CEO Pleads Guilty to $4B Federal Charges
Government solicitors said that Binance CEO Changpeng Zhao resigned and acknowledged breaking US anti-money laundering regulations. This was one of the components of a $4.3 billion settlement that put an end to a multi-year probe into the largest bitcoin exchange in the world. The agreement with the Justice Department removes criminal accusations against Binance for … Continue reading “Binance CEO Pleads Guilty to $4B Federal Charges”
What is Hedera?
Introduction: What is Hedera? Hedera goes beyond the blockchain. This properly regulated, decentralised network is disrupting decentralised applications. It operates transparently and fairly under a diverse board of global leaders. Hedera’s Governing Council includes independent businesses, Web3 projects, and prestigious colleges. This council keeps the network decentralised and accessible. Hedera stands out for its openness … Continue reading “What is Hedera?”
A story of Elon Musk & Dogecoin
Introduction Dogecoin, a cryptocurrency that began as a “prank,” gained the entire support of the Reddit community when it made headlines shortly after Gamestop’s (GME) rally. The coin’s creators intended for no one to take it seriously as an investment, but that wasn’t how things ended up. With an over 150% gain in value in … Continue reading “A story of Elon Musk & Dogecoin “
