Blockchain
Blockchain is the underlying technology for almost all cryptocurrencies. It is a distributed ledger jointly maintained by decentralized nodes around the world. Blockchain is hailed as "the trust machine", enabling trustless peer-to-peer payments. Blockchain will become the infrastructure for the next generation of the Internet - Web 3.
Cryptography is the cornerstone of blockchain security. A large number of cryptographic algorithms are used in the entire blockchain system. Among them, symmetric key cryptography is a basic cryptography algorithm in modern cryptography.
12/22/2022, 8:46:49 AM
EIP-4844 will almost certainly become another major node in the history of Ethereum development, paving the way for full sharding in the future. Danksharding may take a few years to be officially deployed because it is technically difficult to implement, whereas Proto-danksharding, which can be launched as soon as possible, can solve the urgent problem of insufficient scalability of the Ethereum network before the official deployment of Sharding. Ethereum scalability is expected to reach new heights following the subsequent implementation of Danksharding.
12/22/2022, 7:38:53 AM
The growth potential of the crypto market and its applications will generate a great demand for quality oracle services. Chainlink seems very well positioned to take advantage of this movement and remain the leading provider of this type of service.
12/16/2022, 11:02:28 AM
A stablecoin is a cryptocurrency with a stable price, which is often pegged to a legal tender in the real world. Take USDT, currently the most commonly used stablecoin, for example, USDT is pegged to the US dollar, with 1 USDT = 1 USD.
12/16/2022, 9:13:56 AM
HODL is a popular term in the cryptocurrency community, and it is also the spiritual pillar to help people get through bull and bear markets.
12/15/2022, 10:09:55 AM
Yearn.finance is a decentralized smart financial product built on Ethereum. It implements algorithms to shift assets between different smart contracts to attain the highest yields.
Yearn.finance launched the YFI token in July 2020. Its price soared from $3 to $30,000 within one month, which rapidly attracted a large number of investors. Its founder, Andre Cronje, is a South African fintech developer. He created Yearn.finance when he realized that different DeFi applications offer different yields.
Users flocked to Yearn.finance soon after it was launched. Its market cap reached $1.5 billion by September 2020. Data shows that its total value locked in the network exceeded $6 billion at its peak in November 2021. How did the craze sweep the whole crypto space? How does it work? Let’s explore.
12/14/2022, 4:54:15 AM
TRON is a public chain project created by Justin Sun in 2017. It ranks among the top based on its efficient network, scalability and extremely low transaction fees.
When we talk about TRON, the first keywords related to it might be Justin Sun, TRC-20, and DPoS. But as a public chain with top market cap and extensive application scenarios, there is much more worth knowing, including its consensus mechanism, economic model, history, and its founder.
12/14/2022, 4:15:27 AM
Blockchain bridges are specific protocols whose function is to connect two blockchains creating the possibility of transferring assets from one network to another
12/14/2022, 4:14:02 AM
The Byzantine Generals Problem is a situational description of the distributed consensus problem.
12/14/2022, 4:02:39 AM
What blockchain is, its utility, the meaning behind layers and rollups, blockchain comparisons and how different crypto ecosystems are being built?
12/14/2022, 3:56:02 AM
DApp is the abbreviation for Decentralized Application. DApps are the actual providers of various services (such as Defi, NFT, and so on) in the crypto world. The blockchain ecosystem is diverse and complex, with many DApps, public chains, and other projects.
12/5/2022, 1:57:33 AM
Bankless DAO, launched by the crypto media outlet Bankless founded in 2019, is one of the most well-known DAOs in the crypto space.
Now, Bankless has grown from a centralized media organization to a paradigm of decentralized community cooperation.
11/23/2022, 9:03:06 AM
Tornado Cash is an industry-leading coin mixer that enables anonymous transactions. On August 8, the U.S. Department of the Treasury’s Office of Foreign Assets Control announced that it would sanction Tornado Cash, roiling the community.
On August 8, U.S. local time, the Office of Foreign Assets Control of the US Department of the Treasury (OFAC) announced the sanctions against the mixed currency protocol Tornado Cash, roiling the community.
This event is expected to be a watershed in the growth of DeFi, and even the entire crypto industry. Then, what is Tornado Cash? How does it work? How did it become the target of sanctions by the US government? You’ll find all the answers to these questions in this article.
11/21/2022, 10:37:22 AM
Developed by the DFINITY Foundation, Internet Computer (IC) is a blockchain service provider with a grand vision. It aims to become a basic computing service facility in the entire blockchain field. Similar to the blockchain versions of AWS (Amazon Cloud Computing Service) and Azure (Microsoft Cloud Service Platform), the Internet Computer (IC) provides solutions for all network services and cloud computing needs. If it is able to keep developing in the long term, it will be capable of bringing huge innovation to the crypto industry.
11/21/2022, 10:23:35 AM
Derivatives are born due to demand. It is speculation or risk aversion. Choosing the appropriate crypto derivatives allows you to get twice the result with half the effort.
11/21/2022, 10:20:32 AM