What is BUIDLing and 7 Ways to Contribute to the Crypto Ecosystem
Cryptocurrencies have gained a lot of attention in recent years, and much of the focus has been on their potential as investments. But there is far more to cryptocurrencies than just buying and selling them. Cryptocurrencies are part of an entirely new ecosystem which requires active participation from users if it’s going to thrive. This […]
TPS – Transactions Per Second – The modern metric of blockchain speed
Are you curious to find out what makes a blockchain faster? Transactions per second, or ‘TPS’, is the modern metric used to determine the speed of a blockchain. This term has exploded in popularity in recent years thanks to leaps and bounds made with technology – today TPSis critical for cryptocurrency networks trying to gain […]
Forced liquidation – crypto traders nightmare
Forced liquidation is a trader’s worst nightmare. It is the process of automatically closing a margin position when it reaches a certain price point, known as the liquidation price. This is a safety measure put in place to protect traders from incurring massive losses. When a trader opens a margin position, they are required to […]
Block Explorer – Peeking through the modern ledger
Block explorers are a modern tool that allow users to peek into the ledger of transactions on a blockchain. They provide real-time insights into the state of a blockchain, allowing users to track the progress of transactions and more. Block explorers are an essential part of the blockchain ecosystem, as they allow users to view […]
ERC-20: A Deep Dive into Ethereum’s Influential Token Standard
In the world of cryptocurrencies, Ethereum has distinguished itself with its smart contract functionality and the ability to create tokens on its platform. One of the most significant contributions to this ecosystem is the ERC-20 token standard. ERC-20, which stands for Ethereum Request for Comment 20, is a technical standard used for smart contracts on […]
ERC-721: A Comprehensive Examination of Ethereum’s Non-Fungible Token Standard
In the diverse landscape of blockchain technology, Ethereum has carved out a unique niche with its ability to create and manage smart contracts and tokens. One of the most influential developments in this space is the ERC-721 token standard. ERC-721, which stands for Ethereum Request for Comment 721, is a protocol standard on the Ethereum […]
Tokens: A Comprehensive Guide to Digital Assets on the Blockchain
In the world of blockchain and cryptocurrencies, tokens have become a central concept. They represent a wide range of digital assets and have facilitated the growth of the decentralized finance (DeFi) ecosystem. This comprehensive guide will delve into the concept of tokens, their types, how they are created, their uses, and their role in the […]
Proof of Attendance Protocol (POAP): A Deep Dive into Event-Based Digital Collectibles
In the rapidly evolving world of blockchain technology, innovative solutions are continually emerging to address various needs. One such innovation is the Proof of Attendance Protocol (POAP), a protocol that creates digital badges or collectibles to celebrate and record the attendance of an event. These digital badges are minted as ERC-721 tokens on the Ethereum […]