Each ecosystem has three main components, and in the absence of one of them, it ceases to function. Any infrastructure consists of users (customers or consumers), the system itself, and the personnel who maintain and maintain it. If you remove…
It goes without saying that slow transactions and high fees make blockchain unsuitable for microtransactions, and interfere a wide adoption. The cost of transactions can exceed several dollars. It is unlikely that it would suit you when you want to…
According to market research estimates, blockchain technology will witness astounding growth in its market size in the next five years. Between 2020 and 2025, the global blockchain market size is expected to grow at a rate of 67.3% CAGR to reach US$39.7…
Binance smart chain became live on its mainnet on 17th September 2020. It took five months for the smart chain to go live since it was announced in April 2020. Since recently we added support to Binance Smart Chain, we will cover it…
Transactions on blockchain protocols and cryptocurrency exchanges are always vulnerable to hacks and attacks. Since 2011, several incidents of cyber attacks have repeatedly shaken up the world of cryptocurrency. Exchanges were shut down; hundreds of thousands of dollars were lost.…
The founder of Cardano, Charles Hoskinson believes that Ethereum has been quite successful when it comes to smart contracts. However, Hoskinson considers Ethereum as a second-gen blockchain. Hence, he thinks that Ethereum must evolve into a better version of itself.…
A smart contract requires real-world data for execution. So, how does it get real-world data? It leverages decentralized oracle networks to provide data from outside the blockchain. ChainLink provides the decentralized Oracle network required for feeding real-world data to the…
There are two types of crypto exchanges, and these are centralized and decentralized exchanges. Currently, centralized exchanges maintain a significant dominance in the crypto exchange market. Yet, one cannot ignore the growth of decentralized exchanges, popularly known as DEX. In…
Before we dive deep into the topic of decentralized stablecoins, Let’s do a quick recap about stablecoins. So, what exactly is a stablecoin? It is a type of cryptocurrency. But the value of stablecoin is pegged to a fiat sometime…
Yield Farming is the talk of the town in the crypto world for some time now. Did the term “Yield Farming” piqued your interest? No worries if you haven’t heard about it. We will explain everything that is to explain…