Jul 26, 2022
A Deep Dive into BEP Token Standards
BEP-2 is a standard that defines a set of rules for issuing and implementing tokens on the “BNB Beacon Chain” ecosystem; BEP-20 is a standard that defines a set of rules for the issuance and implementation of tokens on the BNB Smart Chain (BSC) ecosystem....
Jul 26, 2022
What is Blockchain-as-a-Service (BaaS)?
As a result of the commercial interest in implementing blockchain technology and extending its benefits to a broader business community, the technology is being offered through an "as-a-service" business model known as Blockchain-as-a-service....
Jul 25, 2022
AI Blockchains - What Are They And How Do They Work?
Artificial Intelligence blockchains are a new type of blockchain that uses artificial intelligence to help manage the network; AI can help keep the blockchain running smoothly by validating transactions and keeping track of changes...
Jul 22, 2022
Top Metaverse Projects on Various Blockchains
The blockchain serves two essential functions in the metaverse. Firstly, it allows users to store data anywhere in the metaverse. Secondly, blockchain technology creates a complete economic framework & enables a digital environment to integrate the metaverse's virtual world with the actual world....
Jul 13, 2022
Hard fork Vs. Soft fork
A fork occurs every time a community modifies the blockchain's protocol or the entire set of guidelines. A hard fork typically creates a new cryptocurrency that uses the same payment system. A soft fork is essentially an upgrade to the blockchain's software....
Jul 10, 2022
What are the Voting Mechanisms in a DAO?
DAOs with huge whales could easily tilt the votes to their favor since they have more tokens to spend. Hence, to counter this inefficiency, several DAO voting models were created...
Jul 06, 2022
NFT Ticketing Explained
Blockchain technology combats the drawbacks of the traditional ticketing system by tokenizing event tickets & selling them as NFTs. NFT tickets are digital assets that store your event entry information. They offer special benefits & act as access credentials to your events....
Jul 06, 2022
What is SocialFi?
SocialFi integrates and combines decentralized finance (DeFi) and social networking on blockchain technology. SocialFi platforms provide a decentralized method for developing, operating, and owning social media platforms and the content provided by its users....
Jul 05, 2022
Web 2.0 vs Web 3.0 - What Are The Differences?
Web 2.0 solved many problems associated with web 1.0; however, it brought along some new problems with the use of databases. Billions of people use the internet to communicate, research, and practically do everything, and all these actions are stored in centralized databases of big tech companies....
Jul 05, 2022
Fungible Vs. Non-fungible Tokens: What is the difference?
Fungible tokens are easily exchangeable assets that are divisible & not unique. They're constructed so that each token fraction is comparable to the next. Non-fungible token (NFT) is a digital authentication certificate that attaches ownership to unique physical or digital assets....
Jul 01, 2022
DeFi hack losses over $2.1bn in 2022: Any hope for DeFi security?
Of course, audits help to reduce the chances of vulnerability. However, they aren’t a foolproof method of avoiding malicious attacks. So, away from audits, -DeFi protocols should invest more in cybersecurity -DeFi Protocols should organize lucrative bug bounties...
Jun 29, 2022
Solana vs Avalanche: Which is The Actual ETH Killer?
Solana is currently a bigger network than Avalanche, having experienced massive usage from the crowd community; perhaps, if the Avalanche network is put to the test, we can say for sure whether it beats Solana or not....