Layer 1 vs layer 2 blockchain meaning and comparison

Layer 1 vs layer 2 blockchain meaning and comparison

Scalability is critical to the long-term viability of today’s blockchain. If you’re familiar with the blockchain space, or even a beginner looking to get started, you’ve probably heard the terms “layer-1” and “layer-2.” SmartOSC will help you understand the Layer 1 vs Layer 2 blockchain meaning and comparison in this article. 1. Layer 1 vs […]

All you need to know about the moonriver network

All you need to know about the moonriver network

Moonriver was created by the Moonbeam Foundation to be a blockchain environment compatible with Ethereum on the Kusama network. In other words, Moonriver is a smart contract parachain built on the Kusama(KSM) Network, which aids in compatibility with the existing Ethereum network and developer toolchain. All you need to know about the Moonriver network. 1. […]

How will NFT renting change the GameFi market?

How will NFT renting change the GameFi market?

In the last year, the GameFi industry has grown significantly, with Axie Infinity alone surpassing $1 billion in sales and 3 million Daily Active Users (DAU) in December 2021. With Ubisoft joining the fray, the GameFi sector shows no signs of slowing down. As these games become more popular, more people are becoming aware of […]

Meaning of hard fork and soft fork in blockchain

Meaning of hard fork and soft fork in blockchain

The blockchain platform is based on the exact mechanism for updates and improvements. Decentralized applications, such as cryptocurrencies on a blockchain platform, require a separate, more complex methodology. In contrast, centralized network operators can rapidly upgrade their software with innovative elements at the click of a button. A fork is a distinct method of updating […]

Best nft development agency in 2022

Best nft development agency in 2022

NFTs, or Non-Fungible Tokens, are unique and rare blockchain-based tokens with unique identifiers that cannot be traded for a similar other. They require a complex development procedure. These are some of the best NFT development agencies in 2022. 1. SmartOSC Established in 2006, SmartOSC is a team-oriented, innovation-driven, full-service agency that strives to foster mutually […]

Why you should use rust for blockchain development

Why you should use rust for blockchain development

Rust is an ideal programming language for blockchains, where dependability and performance are essential. It is simple to use, quick, dependable, and memory-efficient. Because of the benefits of blockchain technology and the increasing demand for it, this article attempts to walk through why you should use rust for blockchain development. 1. What is Rust? Rust […]

Beginner's guide to cryptographic hash function

Beginner’s guide to cryptographic hash function

Cryptography is the process and method of ensuring data security, confidentiality, and integrity. Cryptography is essential for establishing strong machine identities and safeguarding machine-to-machine connections and communications. This blog will share a beginner’s guide to a cryptographic hash function. 1. What is a hash function? A hash is a mathematical function that maps an arbitrary […]