You may be unsure of their capabilities if you are new to smart contracts. This article will attempt to clarify confusion by sharing the best smart contract use cases available. In reality, smart contract use cases vary depending on where companies use them. So, let’s see real-world smart contract use cases to learn from. 1. […]
Ethereum has been present in the blockchain space since its introduction in 2015. The implementation of smart contracts has played a significant role in Ethereum’s success. Many people think that smart contracts are a novel idea that was first introduced by the Ethereum Blockchain Platform. However, smart contracts date back to 1996, when computer scientist […]
Web 3.0 is poised to present the digital industry with many new opportunities. Still, it also carries several cybersecurity risks that, if ignored, could seriously harm the industry’s prospects for expansion. Below are the top 5 web3 security risks and how to overcome them. 1. 5 web3 security challenges 1.1. Information Authenticity The most severe […]
Layer one scaling techniques are used to increase transaction throughput. Transaction throughput can be increased by speeding up transaction processing or increasing the amount of data processed in each block. Sharding and consensus protocol enhancement are two popular approaches to cryptocurrency protocol improvement. 1. Sharding Sharding is the process of dividing blockchain data into fractions […]
The size of individual blocks on a blockchain can significantly impact the network’s speed and capacity, but there are always trade-offs. For years, block size has been a source of debate in the blockchain community because it affects both the network’s speed and scalability. Let’s try to figure out why data block size matters. 1. […]
The underlying platform of Bitcoin is Blockchain, a type of DLT (distributed ledger technology). Make sure you understand the blockchain infrastructure requirements before implementing a decentralized application. You’ll need a system, a suitable infrastructure with sufficient resources, and an underlying framework. There is no way to discuss blockchain adoption without first discussing what it is, […]
It is well known that Ethereum has scalability issues regarding the time and cost required to complete a transaction. For example, the gas fee for purchasing an NFT on the Ethereum network can be up to $100. The lack of scalability with blockchains is a recurring issue, even though they are being implemented in increasing […]
There are several things you need to consider before getting started with NFT development, including the knowledge of NFT, roadmap, and costs. The expenses for NFT development cover various parts, from preparation to maintenance processes. Therefore, to help businesses plan for a realistic budget, our article today will list all necessary NFT development costs. Do […]
Nowadays, more and more businesses have started NFT development and they chose Solana as the most suitable platform to take action. Why can Solana satisfy the requirements of a large number of companies and become a top option for them? The reasons behind this may vary, but we have collected some remarkable points, which can […]
Metaverse and NFT development are on the way to expanding to various industries so more and more businesses start to build their NFT projects. However, to get started in this field, the starters need to possess a certain level of knowledge about metaverse, NFT, and how to get involved in this new industry. Our article […]
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