A Dive Into Algorithmic Stablecoins
Unlike fiat currencies, cryptocurrencies by nature are highly volatile, making them unsuitable for regular use. In a financial market, currencies are supposed to serve as mediums of exchange and storage modes for monetary value. This is the reason many users avoid taking payments in cryptocurrencies as it is hard to rely on their purchasing power. […]
Easy Guide to Full-Stack NFT dApp & its Benefits
Blockchain has a pivotal application called NFT. Integrating NFTs with businesses has opened realms of innovation and massive revenue. It is a new way to commercialize your brand and transform digital work into a tradable digital asset. These digital assets are the best way to attract tech-savvy clients. Authenticity has always been challenging in fintech, […]
The Powerful role of Composability of Smart Contracts in DeFi
You’ll receive a wide range of responses if you ask blockchain-embracing companies & individuals what they find most intriguing and fascinating about DeFi. Some will respond, “Decentralized,” which is obvious. To break free from relying on other companies to own our data and money, we are reinventing the financial system without any middlemen. Some will […]
An Introduction to Blockchain API Economy and its Benefits
Blockchain technology is known for its robustness and unparalleled security. In the ever-evolving blockchain world, many platforms leverage the Application Programming Interface (API). The API is the application that allows the seamless movement of information between the different applications. Currently, the users are in an ethical dilemma to share the information or not. While at […]
Comprehensive Guide on Polygon Blockchain Use Cases
Blockchain technology and the massive usage, and scale of recent developments in this disruptive domain bring with it many huge benefits as well as many challenges. The improvements to efficiency and business performance are remarkably clear thanks to the decentralized system. At the same time, there have been many setbacks when it comes to blockchain […]
What is a Full Node? A Detailed Guide
It is well-established that nodes are essential for all the layers of web3 to function as they’re intended. Yet, understanding nodes, how they operate, what is a full node, what is an archival node, and many other questions pop up on a web3 developer’s journey. Today, we’ll take a deep dive into all these nuances, […]
Comprehensive guide on Tokenized real-world assets
Currently, the token economy is flourishing, and many industries benefit from it. One of the buzzwords related to the economy is asset tokenization which means tokenizing real-world commodities. Investing in real word assets such as — company shares, paintings, real estate, and many more are promising. However, one of the significant problems is the lack […]
What are Cross-chain bridges? A Detailed Guide
Bitcoin and Ethereum were the first blockchains that broke through to the mainstream. Little did anyone know in 2009 speed, scalability, cross-chain transaction, and other factors would limit said blockchains from reaching their full potential. Simply not designed for widespread adoption, many L1 and L2 companies mushroomed to address scalability and speed-related issues, which paved […]
What does a blockchain core infrastructure look like?
The technological advancements in blockchain technology are promising, the reason being the core features such as decentralization, immutability, faster settlement, and better security. Blockchain is empowering enterprises and individuals to maintain record-keeping by saying no to discrepancies. The transactions are recorded on the peer-to-peer network on the blockchain or the distributed ledger. Do you know […]
Introduction to Token Standards: ERC-20, ERC-721, ERC-777, and ERC-1155
In the last few years, Bored Apes Yacht Club, CryptoPunks, and many other tokens have popularised Non-fungible tokens. But what are these tokens anyway? In this writeup, we’ll be learning about the fundamentals of tokens, what are fungible & non-fungible tokens, what are the various token standards (ERC & EIP) developers must adhere to, and […]