Blockchain - Cwallet Blog (Page 3)

State Channels Explained

A state channel is a smart contract that allows off-chain transactions by enforcing strict rules that either party must agree to by signing off on it; this signature can be cryptographically proven on the Blockchain.

Blockchain

What are Blockchain Bridges?

Blockchain bridges are systems that connect different blockchains and enable users to exchange one type of coin or token for another. Blockchain bridges function the same way physical bridges do –linking two places together.

Blockchain

What is Cross-Chain Interoperability?

Cross-chain interoperability allows transactions across different blockchains without incurring cumbersome processes or expenses. As a result, we may see cryptocurrencies initially designed for niche use cases become viable payment methods across many different platforms and services.

Ethereum

WHAT IS THE ETHEREUM SECURITY TOKEN STANDARD?

Initially, security tokens were not tokenized on the blockchain as ERC-1400; instead, they were tokenized as ERC-20. ERC-20 token standard could not sufficiently fulfill the typical regulations of securities; since they had to be fully unregulated and decentralized to maintain their standard.

Blockchain

Ethereum Rollups Explained For Beginners

Rollups are important layer-2 solutions that help achieve scalability on the blockchain by reducing the data and computation done on the mainnet blockchain, hence facilitating faster transaction times and instant finality.

Wrapped Tokens

What are Wrapped Tokens?

Wrapped tokens were introduced to solve the problem of communication between networks and enable interoperability while also benefiting the sovereignty and security of each blockchain.

ICO

All you need to know about Initial Coin Offering (ICO)

ICO is a way for a company to raise funds to develop a new project, usually a coin. The Initial Coin Offering (ICO) is a popular method of raising funds for startups that offer products and services usually related to cryptocurrency and blockchain.

Blockchain

WHAT ARE LAYER-2 (OFF-CHAIN) SCALING SOLUTIONS

Layer-2 solutions are created to help scale a blockchain by processing transactions of the mainnet Blockchain. Unlike Layer-1 solutions, they do not require any changes or forks to the Blockchain’s protocol; they work with the mainnet to achieve scalability.

Blockchain

What is a Security Token Offering?

Security Token Offerings (STOs) combine blockchain technology with the requirements of regulated securities markets to support asset liquidity and finance availability. In essence, STO is a regulated offering of securities that uses blockchain technology.

Blockchain

WHAT ARE LAYER-1 (ON-CHAIN) SCALING SOLUTIONS?

Layer-1 blockchains are blockchain networks that can validate & finalize transactions without waiting for another network layer. Blockchain technologists developed on-chain scalability solutions that improve the network capacity of layer-1 blockchains; these solutions are called “Layer-1 solutions.”

Blockchain

WHY IS SCALABILITY SO IMPORTANT FOR THE BLOCKCHAIN?

Scalability is one of the most significant talking points of the entire crypto ecosystem. For every blockchain solution to real-life problems, people will ask the developers, “How scalable is it?”

Beginners Guide

HOW TO NAVIGATE ETHERSCAN.IO

Etherscan.io is the leading blockchain explorer on the Ethereum (ETH) network, containing on-chain data to monitor all Ethereum (ETH) ecosystem activities. With Etherscan, you can get needed information and watch all your favorite DeFi projects built on the Ethereum Network.

Beginners Guide

HOW TO NAVIGATE BSCSCAN.COM?

Bscscan.com is the leading blockchain explorer on the Binance smart chain (BSC) network, containing on-chain data to monitor all activities in the Binance smart chain (BSC) ecosystem.

Blockchain

What are Smart Contract Security Audits?

Even though blockchain technology is well-known for its security due to its distributed database and decentralized nature, the applications built on it via smart contracts may not be as secure as expected.

DAO

WHAT IS A DAO?

DAO is a short form for Decentralized Autonomous Organization. In simple terms, a DAO is an organization with no central authority or leadership, where everyone equally makes decisions in consensus; power is decentralized, and everyone has a say.

Beginners Guide

Cryptocurrency And Blockchain For Beginners: The Ultimate Guide

You are probably reading this because you have heard of cryptocurrency and don’t fully grasp the concept! This user guide will explain everything you need to know to begin your cryptocurrency journey.

NFT

NFTs Explained for Beginners

Since last year, NFTs have become huge talking points in crypto communities on several social platforms. Even non-crypto users often see the NFT phrases on their timelines. NFT is short for non-fungible tokens.

Beginners Guide

What Are Smart Contracts?

Smart contracts help accelerate transactions while also increasing the credibility of blockchain technology. In practice, smart contracts are primarily used to automate value exchanges in the form of crypto assets.

Beginners Guide

A to Z Cryptocurrency Glossary

Learn the most important blockchain and cryptocurrency terminology and jargon here. This list is updated regularly.