Ethereum Virtual Machine (EVM) has changed the world of blockchain technology. They are the most versatile application of the ethereum blockchain ecosystem. Moreover, with each passing update, EVMs are getting faster, more versatile, have bigger capacity, and are better at…
A block is created and immediately added to the blockchain when all transactions on the bitcoin network are consolidated. These blocks are now immutable and tamper-proof for all transactions. The Coinbase transaction created by the miner is the first transaction…
Vishnu: 1953) Many people think of the Cardano and Polkadot blockchains as Ethereum Killers, but little do they know that Cardano could’ve been the one, but is not efficient, and according to some rumours it also has incomplete smart contracts.…
Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. Metamask is a crypto wallet available for Android/ iOS and browser extensions. It allows users to interact with the Ethereum blockchain. In this article, we will…
The world is now moving fast, transforming, and constantly evolving into a digitalized economy. With that, Cryptocurrency is being used and has become a favored option worldwide. Decentralized exchanges regulate and manage access to resources in an application, more outstanding…
Ethereum has been facing a long prolonged history of being slow and too expensive to use. Layer 2 scaling solutions like Optimisistic rollup come into play here to solve these issues. Arbitrum is among the first L2 solutions for Ethereum…
In 2017’s crypto bull market, the debate on Ethereum’s network congestion heated up. Infamous crypto-kitties clocked out the entire Ethereum network along with ICOs, causing a significant gas fee hike. Again in 2020, with the rise of DeFi and yield…
On June 14, 2021, the Lightning network reached a milestone of 1,500 Bitcoins, worth more than $60 million. There are already over 12,000 active nodes on the network, with 50,300 channels connecting them all. Moreover, this year has seen a…
Today we cannot even memorise a 10-digit mobile number; we are expected to use a tedious Ethereum address. This is where the Ethereum Name Service (ENS) comes in. ENS offers a secure & decentralised way to address resources using simple,…
Key Takeaways In a notable development for the cryptocurrency industry, the U.S. House Committee on Energy and Commerce has unanimously approved the Deploying American Blockchains Act of 2023, a 13-page legislation that directs the U.S. Secretary of Commerce to actively…
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