How Smart Contacts are Disrupting Real Estate Sector?
When we think about real estate, our minds immediately jump to an exhausting long period of excessive paperwork, legalities, third-party negotiation costs, and a slow process of transaction. Not to mention, our minds also get extra alerts for fraud and stealing. Therefore, we can’t help but wonder if there could be an easy way to […]
Multidimensional Gas Pricing on Ethereum
In the Ethereum ecosystem, the gas fee is a long-term predominant factor that dictates the number of computational resources required to process any transaction. Or in simple terms, the fee you pay to the blockchain for executing the transaction. This gas fee term under its umbrella encompasses many dimensions of transaction processing, including storage operation, […]
Hybrid Smart Contracts Explained
Hybrid smart contracts can bring tamper-proof and immutable properties to the blockchain ecosystem while leveraging secure off-chain oracle services to attain complex capabilities such as correct order, confidentiality, connectivity, and sequencing. Since the rise of blockchain, smart contracts have been driving the Web3 industry towards global adoption. These decentralized smart contracts have given sovereignty to […]
What Is A Crypto Rug-Pull : A Complete Guide
The rising popularity of crypto has gained huge attention from financial experts and investors for involvement in the market. However, this influx has also cropped many rugg-pulls in the space. In 2022, Solidus Labs published a report stating that more than 117,000 scam tokens were deployed in the year up until December, a 41% increase […]
What Is Account Abstraction & Why Is It Important?
Account abstraction aims is to abstract away the distinction between externally owned accounts (EOAs) and smart contracts. The idea of account abstraction is to enable smart contracts to control funds directly, rather than having to be called by external accounts to make changes to the blockchain state. This can lead to more flexibility in how […]
EigenLayer: ETH Staking and How it Works
Tldr: EigenLayer is a generalized middleware protocol built on top of ethereum that introduces a new yet significant primitive called restaking. This primitive allows users that stake ETH on consensus layer to restake their ETH on Eigenlayer and extend crypto economic security for the protocols built on EigenLayer. Therefore, one could say that by restaking […]
Zero-Knowledge Proofs: A Security Perspective
In a world where personal data has become more or less a commodity, the potential advantages provided by zero-knowledge proofs are monumental. By combining them with blockchain technology, a powerful mix of immutability and security can be achieved.