Blockchain

The Ethereum Upgrade Roadmap

Ethereum (ETH) is one of the most prominent blockchain networks, with its native cryptocurrency being the second largest in terms of market cap (i.e. $264 billion as of now).  A brainchild of Vitalik Buterin, the network was first thought of in the early 2010s. With its whitepaper being released in 2013, the project launched in

Proof Of Stake Explained

Summary Proof of Stake (PoS) is a method to secure and validate transactions on a blockchain network. PoS aims to reduce the environmental impact of PoW by replacing the computational power-based validation with a system based on participants’ ownership or stake in the cryptocurrency. Proof of stake has participants, called validators, lock up a certain

Proof of Work Explained

Summary A blockchain consensus mechanism is how a blockchain network operates its nodes. Proof of Work (PoW) serves as a mechanism that secures and validates transactions on a decentralised network. Table of Contents Introduction The Web3 ecosystem is a fast-growing, innovative ecosystem. One of the innovations that make the Web3 ecosystem stand out from any

Everything There is to Know About Satoshi Nakamoto

Table of Contents

Bitcoin Halving Explained

Summary Bitcoin halving is an integral part of the reason why Bitcoin has been a successful cryptocurrency. It is a protocol that has been implemented to happen on the Bitcoin blockchain every 4 years to make its value inherently deflationary and self-regulate its inflation rate.   Halving corelates directly with the work Bitcoin miners do as

What is Coinbase Layer 2 Network (Base)?

Summary Base is a Layer 2 optimistic rollup developed by Coinbase on the Ethereum blockchain in partnership with Optimism to provide a low-cost, secure, and Dapp-friendly ecosystem for its users. Base is very compatible with Ethereum Virtual Machines (EVM) wallets, combined with its open-source nature, making it easily compatible for developers to use their Ethereum

A Beginner’s Guide to the Main Types of Blockchain Systems

Summary As the name gives it away, public blockchains are open to the public, and everyone with an internet connection can use it while private or permissioned blockchains are closed to the public and are only accessible to specific verified users. Consortium blockchain systems are a combination of public and private blockchains. Federated or consortium

What is Algorand (ALGO)?

Key Notes Algorand is an eco-friendly public blockchain that addresses blockchains’ scalability problems without compromising security. It is the first blockchain network in the world to utilise the pure proof of stake consensus mechanism in its blockchain. ALGO, the native cryptocurrency of the Algorand blockchain, is an altcoin used to secure the Algorand network by

What is The Graph (GRT)?

In the world of computers, a query is the search term an application uses to ask another application or a database for specific information. As a database with a unique design, blockchain systems don’t support these conventional queries.

What are Blockchain Bridges and How Do They Work?

Just like in the real world where bridges exist to connect one physical location to another, blockchain systems use bridges to connect to one another. With bridges, they will be able to transfer assets and information between each other.

Blockchain Trilemma Explained

The blockchain trilemma believes that we need to sacrifice one of the three main properties of a blockchain system to sustain the other two. These three properties are Decentralized, Secure, and Scalable.

Beginner’s Guide To XRP

XRP, XRPL, and Ripple are distinct entities in the crypto world. XRP is the native token, XRPL is the core network, and Ripple is a finance technology company.

What is Axie Infinity (AXS)?

Axie Infinity (AXS) is a blockchain-based, play-to-earn (P2E) game that allows players to enjoy an exciting virtual world by owning cute creatures called Axies. Axies are fascinating monsters and look a lot like Pokémons, the lovable Japanese creatures.

Beginner

Understanding Blockchain Basics

A blockchain, in very simple terms, is a shared book between the members of an open (or sometimes private) network that records every transaction between the members