Articles by Andrew

2024-04-08

What is Transaction ID and how to use it?

Blockchain technology brings a high degree of transparency and security to the world of digital transactions. One of its key features is the transaction ID, also known as a transaction hash. Understanding transaction IDs is crucial for anyone interested in cryptocurrencies, as they play a significant role in verifying the validity of transactions and ensuring transparency within blockchain networks.

2024-04-08

What is Fiat Currency and is it better than crypto?

Currency, in its simplest form, is a medium of exchange and facilitates remittance for paying capital to someone in exchange for their labor. Currency also provides a means of settlement for two transacting parties exchanging goods or services. In modern terms, fiat currency is a medium of exchange used within a spec...

2024-02-23

What is Gwei and why do we need it?

Gwei is a fundamental denomination of ETH utilized to quantify the expenses associated with executing transactions and smart contracts across the Ethereum network. Gwei is pivotal in determining the fees required for various operations within the Ethereum ecosystem.

2023-09-28

ChainLink Releases Atomic Swap Feature

The interoperable decentralized oracle network Chainlink has launched Atomic Swaps to encourage further peer-to-peer functionality.

2023-09-28

Solana Releases the Solang Solidity Compiler: Bridging Ethereum and Solana

Solana Labs has recently unveiled Solang, a cutting-edge compiler that seamlessly integrates Solidity, Ethereum’s primary programming language, into the Solana ecosystem.

2023-09-28

Chainlink’s Cross-Chain Interoperability Protocol Enters Enters Mainnet Early Access

In Web3, blockchain interoperability protocols facilitate seamless connectivity between different blockchain networks. Chainlink has just unveiled that its groundbreaking Cross-Chain Interoperability Protocol (CCIP) has entered the Mainnet Early Access phase.

2023-09-28

zkSync Era Unveils Boojum Upgrade: From SNARK to STARK

The EVM L2 scaling solution zkSync Era has announced the Boojum upgrade, where it will be transitioning from SNARK proofs to more scalable STARK proofs.

2023-09-05

Outsyde Litepaper

2023-07-16

Tokenizing Natural Resources: Cryptocurrencies of the Future

Raw commodity-backed cryptocurrency tokens have the potential to further legitimize Web3 by bringing additional tangibility, utility, and stability to the space. These tokens could be categorized as stablecoins as they derive value from real-world assets, and their prices are pegged to specific units of essential natural resources.

2023-07-15

Introduction to Layer 0 Blockchains

Layer 0 blockchains specifically provide a basis for L1 blockchains to build on so that multiple L1 chains can operate off the L0 protocol. The architecture of L0 blockchains is modular, which means that their node structure is decentralized to allow for a variety of node types in a network; each node type in an L0 ecosystem is responsible for a different task.

2023-07-13

Osmosis Labs Adapts Uniswap’s Concentrated Liquidity with New Supercharged Liquidity Feature

Osmosis, the leading DEX on Cosmos, is enhancing liquidity provision and management with its new supercharged liquidity feature that expands upon Uniswap’s concentrated liquidity mechanism.

2023-07-11

CoW Swap Launches Hooks Features

The CoW Protocol, a DEX and AMM aggregation protocol that pools liquidity from multiple exchanges to guarantee users the lowest prices between trading pairs, just announced the release of CoW Hooks.

2023-07-03

Decentralized Social (DeSo) to Receive Major DEX Upgrade

DeSo announced it would be upgrading its DEX to allow users to trade any asset, whether it’s crypto or non-crypto, in a fully decentralized manner while maintaining complete anonymity.

2023-06-17

Expanding Decentralization: Massive Bullish Indicator for $DOT as Polkadot Releases New OpenGov Governance Model

Polkadot, a modular Layer 0 heterogeneous blockchain that utilizes the Substrate framework, has just unveiled OpenGov, its new governance model to enhance decentralization and promote widespread community participation.

2023-06-13

Uniswap v4 Unveiled: Enhancing Token Trading Through Customizable Liquidity Creation

Uniswap has unveiled Uniswap v4, a game-changer in blockchain liquidity creation and token trading.

2023-06-08

Enjin Forks the Efinity Parachain on Polkadot to Create the Future of NFT Ecosystems

Polkadot and the newly announced Enjin Blockchain are revolutionizing how we perceive and interact with Non-Fungible Tokens (NFTs).

2023-05-31

Despite Clocking in 10 Billion Transactions, HBAR Price Remains in Hibernation for Bear Season

Hedera Hashgraph achieved a significant milestone this week, surpassing 10 billion transactions. However, despite this achievement, the native cryptocurrency of Hedera, $HBAR, did not experience the expected increase in excitement and activity.

2023-05-22

Turn Your Old Game Boy into a Cold Storage Crypto Wallet

Crypto startup Keyp, a company focused on ensuring the transparency, safety, and accessibility of Web3, has reached a breakthrough using assembly languages to create the Game Wallet, one of the most innovative and creative cold storage solutions in existence.

2023-05-18

Cosmos L3 Projects Come Together to Develop an Ecosystem-Wide Mesh Security Framework

Several Cosmos DApps and projects, including Osmosis, Axelar, and Akash, have announced a partnership to fund the development of a collaborative mesh security framework to be implemented across the Cosmos ecosystem.

2023-05-03

Sui Network: New Layer 1 Blockchain Seeks to Disrupt the Bear Cycle with May 3 Mainnet Launch

Launching on May 3, 2023, at noon UTC, Sui is a new modular Layer 1 permissionless blockchain by the Sui Foundation. Its architecture divides network activities into separate layers so that varying nodes are responsible for performing specifically dedicated tasks.

2022-09-23

Chains, Weaves, Webs, Lattices, and Meshes: Solving the Trilemma through architectural changes in block infrastructure

A blockchain is a distributed ledger technology made up of transactional data, recorded on interconnected blocks that link to form a chronological chain.

2022-09-22

Your Guide to Consensus Mechanisms

The purpose of a consensus mechanism is to facilitate a blockchain’s expansion and user participation within the network. This guide will help to contextualize the different kinds of consensus mechanisms by describing their function at a base level, and providing examples of blockchain networks that utilize them.