Onchain vs Offchain Transactions: A Beginner’s Guide
Transactions are the fundamental operations that allow the transfer of value between parties within a cryptocurrency network. The rise of cryptocurrencies has brought about a revolution in the way transactions are conducted and recorded. At the core of this revolution are two types of transactions: Onchain and Offchain. Understanding these concepts is essential for anyone […]
What is the Arbitrum Bridge and How to Use it?
The Arbitrum Bridge acts as a secure gateway between the Ethereum mainnet (Layer 1) and the Arbitrum network (Layer 2). It allows users to transfer assets, like Ether (ETH) and ERC-20 tokens, between these two layers. The world of blockchain is brimming with innovation. However, different blockchains, while powerful, can sometimes operate in isolation due […]
Custodial vs Non-Custodial Wallets: What’s the Difference?
In this article, we will explore the two primary types of Web3 wallets: custodial and noncustodial, examining their features, advantages, disadvantages, and the scenarios in which they are most useful. The advent of Web3 has revolutionized how we interact with the internet, placing a strong emphasis on decentralization and user control. At the heart of […]
How Gas Works in Blockchain?
Gas on a blockchain network like Ethereum refers to the unit of measurement for the computational effort required to execute specific actions. It’s not a cryptocurrency itself, but rather a way to quantify the resources needed to process a transaction. Imagine a busy highway where cars (transactions) compete for a limited number of lanes. […]
What is DePIN in Crypto?
Imagine a world where your spare computer power or that old unused cellphone tower could earn you money! DePIN is kind of like that. It’s a system where people like you and me can contribute physical stuff we have lying around – data storage space, processing power, even sensors or internet connectivity – to create […]
Blockchain Bridges 101: How Do They Work?
Blockchain bridges are platforms that facilitate the transfer of assets and data from one blockchain ecosystem to another. They can be decentralized, centralized, or even hybrid. These bridges enable the communication and interaction between different blockchain networks, allowing for the seamless transfer of assets and data across various platforms. Why use Blockchain Bridges? The […]
BRC-20 and Ordinals: Putting NFTs on Bitcoin
The world of blockchain technology is constantly evolving, with the “recent but not so recent” introduction of BRC20 tokens and Ordinals and their relationship with Bitcoin generating significant interest and debate. Grasping these concepts and how they integrate is key for those looking to navigate this shifting terrain. Bitcoin: The Backbone Bitcoin stands as […]
Your Data, Your Rules: The Blockchain Way
Data has become the vigor of the digital age, powering industries, economies, and societies worldwide. Whether personal information, financial records, intellectual property, or trade secrets, data is the driving force behind decision-making, innovation, and business operations. However, data security has emerged as a paramount concern with the increasing digitization of our lives and businesses.
How to Conduct a Smart Contract Audit
To mitigate the risks and vulnerabilities in smart contracts and ensure the integrity of your project, a smart contract audit is essential. This article explores the world of smart contract audits, explaining what they are, why they are crucial for your business, and the various stages involved in the smart contract audit process. Key […]
Order Matching: Achieving Seamless Trades
Decentralized exchanges (DEXs) have disrupted the cryptocurrency trading landscape by introducing trustless and transparent platforms for exchanging digital assets. A critical element of DEXs is the order matching mechanism, which enables the execution of trades. This blog post delves into the intricacies of order-matching mechanisms, highlighting the advancements that have enhanced user efficiency, liquidity, and overall trading experience.
