What is the Internet Computer (ICP)? The Internet Computer (ICP) comprises a set of protocols that enable independent data centres worldwide to unite and offer a decentralized alternative to the current centralized Internet cloud providers. The ICP token facilitates governance, rewards network participants for positive behaviour, and pays transaction fees. More Than Digital Money Like […]
Introduction Hedera (HBAR) is the native cryptocurrency of the Hedera Hashgraph network, a distributed ledger technology (DLT) platform that aspires to deliver superior efficiency, security, and governance than standard blockchains. Unlike blockchains, which rely on linear chains of blocks, Hedera Hashgraph employs Hashgraph, a DLT consensus mechanism created by Dr. Leemon Baird in 2016. The […]
Introduction Starknet is a Layer 2 scalability solution for Ethereum, known as a Validity Rollup or ZK-Rollup. This is executed through an off-chain process of user transaction processing and later packaging all of these into one proof of STARK that can be computed off-chain. This proof is then sent to the Ethereum blockchain as a […]
Introduction “Web3” and “Web 3.0” may sound similar, but they stand for different ideas. Web3 means a web that’s not centrally controlled. It uses blockchain technology. On the other hand, Web 3.0 stands for a web that is smarter and more linked together. Web3 Currency Innovation “Web3” is a term that began with Gavin Wood, […]
Introduction Any network, system, or technology added on top of a Blockchain base layer is referred to as Layer 2 and extends the functions of the Blockchain base layer. These may include, for instance, the layer-2 networks to add improvements to other blockchains, such as supporting higher transaction throughputs. Scalability is an important idea in […]
Contracts hold significant importance in both our professional and personal lives, as they regulate various aspects of modern society. Smart Contracts, a key concept in Blockchain technology, play a vital role by ensuring secure and organized transactions. Additionally, these contracts enhance accessibility for applications running on such platforms. But what exactly is a smart contract? […]