Monolithic Vs Modular Blockchain Blockchain is a decentralized technology that facilitates secure and transparent transactions, eliminating the requirement for intermediaries such as banks or other financial institutions. It is a decentralized system that allows users to store and share information across a network of computers. In simple terms, a blockchain is a digital ledger that […]
Key components of dApp: NFT Marketplace, DeFi, and GameFi dApp industry has been showing significant signs of growth in different sectors, such as DeFi, GameFi, and the NFT marketplace. Each sector has different and unique dApp components to achieve high reliability, security, and privacy. The following blog provides a brief about how these dApps are […]
What is a blockchain oracle and how does it work? A blockchain oracle is a third-party service or software that provides off-chain data to a blockchain smart contract. The decentralized web3 ecosystem requires access to existing legacy systems, advanced computations, and data sources. Decentralized oracle networks facilitate the creation of hybrid smart contracts. Hybrid smart […]
What is Shanghai’s hard fork on Ethereum? On April 12, 2023, Ethereum will undergo its first major upgrade, also called a Shanghai’s hard fork, since September when it switched to a proof-of-stake system. Ethereum’s upcoming “Shanghai” upgrade will allow validators to withdraw 16 million staked ether (ETH) once it is complete. So, what exactly Shanghai’s […]
What are smart contracts? Smart contracts are automated agreements that run once the conditions are met. The contract is initiated between the contractor, creator, and the recipient. Automating the execution of the agreement, triggering the next action, self-executing workflow- all sorts of things can be done through smart contracts. Smart contracts for Bitcoin SV can […]
Top Blockchain Consulting Companies 2023 Over the past decade, blockchain technology has proved that it’s one of the most encouraging developments of our time. It leads to increased efficiency from transparency in records and one source of truth, by creating one copy of a ledger that’s synchronized across computers. As the technology grows rapidly, so […]
What is Blockchain Blockchain maintains an asset provenance trail at every step of the process. This allows consumers to raise concerns about the environment, human rights, or if the industry is plagued by counterfeiting or fraud. Customers can view the origin directly through the process. Additionally, traceability data may reveal inefficiencies in the supply chain. […]
Top 10 Smart Contract Platforms of 2022 A smart contract is an operational foundation that has led the blockchains to turn into the disruptive phenomenon that they are at present. Blockchains were initially designed with the sole aim to remove the intermediary delays as well as costs from any kind of transaction but smart contracts […]
Most Promising Smart Contract Platforms of 2021-22 Sure we are aware of the leading smart contract platforms, if not check them out here, and we are aware of the fact that new ones are being released unceasingly. If you are looking for an investment opportunity in the Blockchain realm or are interested in launching your […]
