Blockchain

IGOs ​​provide blockchain gaming startups within the channel to raise funds without relying on venture capitalists or game publishers. IGOs grant investors early access to obtain higher returns.

What is TVL and how can you calculate it? What are the applications of TVL in DeFi? What is the largest network by TVL? Follow us to find answers in this article.

The gas fee refers to the fee you need to pay to get access to blockchain services. Reflecting the cost of limited resources on the blockchain network, the gas fee can help set a fair price for transaction calculation and execution of smart contract code.

Developed by the DFINITY Foundation, Internet Computer (IC) is a blockchain service provider with a grand vision. It aims to become a basic computing service facility in the entire blockchain field. Similar to the blockchain versions of AWS (Amazon Cloud Computing Service) and Azure (Microsoft Cloud Service Platform), the Internet Computer (IC) provides solutions for all network services and cloud computing needs. If it is able to keep developing in the long term, it will be capable of bringing huge innovation to the crypto industry.

An oracle in blockchain technology is a third-party service that provides external data to a smart contract, allowing it to interact with the real world.

Binance Coin (BNB) is an exchange token issued by Binance, and is also the utility token of the Binance Smart Chain. As Binance develops into the top three crypto exchanges in the world in terms of trading volume, along with the endless ecological applications on its smart chain, BNB has become the third largest cryptocurrency after Bitcoin and Ethereum. This article will have a detailed introduction of BNB’s history and the huge Binance ecosystem behind it.

A Merkle Tree is a structure used to verify and maintain data integrity in a set. Merkle trees and Merkle Roots are employed to verify transactions.

Yearn.finance is a decentralized smart financial product built on Ethereum. It implements algorithms to shift assets between different smart contracts to attain the highest yields. Yearn.finance launched the YFI token in July 2020. Its price soared from $3 to $30,000 within one month, which rapidly attracted a large number of investors. Its founder, Andre Cronje, is a South African fintech developer. He created Yearn.finance when he realized that different DeFi applications offer different yields. Users flocked to Yearn.finance soon after it was launched. Its market cap reached $1.5 billion by September 2020. Data shows that its total value locked in the network exceeded $6 billion at its peak in November 2021. How did the craze sweep the whole crypto space? How does it work? Let’s explore.

Bitcoin is a decentralized digital currency system designed for peer to peer value transfer and long term value storage. It was created by Satoshi Nakamoto and operates without relying on any central authority. Instead, it is maintained collectively through cryptography and a distributed network.

TRON is a public chain project created by Justin Sun in 2017. It ranks among the top based on its efficient network, scalability and extremely low transaction fees. When we talk about TRON, the first keywords related to it might be Justin Sun, TRC-20, and DPoS. But as a public chain with top market cap and extensive application scenarios, there is much more worth knowing, including its consensus mechanism, economic model, history, and its founder.

In Ethereum, every new feature or improvement is proposed in the form of EIP, which will be implemented by all miners. This article will give you an in-depth understanding of what an EIP is and what role EIPs play in the development of Ethereum. The Ethereum ecosystem has attracted a large number of users. Although its high gas fees and congested network are often criticized, it has always been the preferred public chain for Dapps due to its safe, stable, and innovative system. Rome was not built in a day. Similarly, Ethereum has undergone various upgrades since its inception. These upgrade and improvement proposals need to reach an overall consensus in the Ethereum community in the form of EIP before they can be finally implemented.

Rollups represent one of the most popular and effective Ethereum scaling solutions. As a Layer 2 off-chain scaling solution, Rollup bundles thousands of off-chain transactions into batches and sends them to the main blockchain for storage and verification. It greatly improves transaction volume and transaction speed while inheriting the security of Ethereum Mainnet.

Bitcoin halving reduces the number of bitcoin that miners receive for validating transactions on the network. This occurs after every 210,000 blocks.

Wrapped tokens are tokens that are pegged against other cryptocurrencies and exist on other blockchains. They increase interoperability among blockchain networks.

Algorithmic stablecoins use complex mechanisms to make them keep the peg with the dollar, without the need for centralized tools.