Why Gas Fees? For every onchain transaction, there is a charge required by the blockchain which serves as an incentive for the block miners, a charge for every transaction is given based on the supply side of every token economics and these gas fees serve to cover up the cost of operation in maintaining the …
This concept was introduced in late 1985 to improve user experience and enhance privacy of users hence improving the security of the transactions carried out on-chain on mostly layer-1s. What is a Zero-Knowledge Proof? A Zero-knowledge proof is a mechanism that works on a specific algorithm between two parties where a particular party, the prover, …
Zero-Knowledge Proofs in Blockchain: A Developer’s Guide Read More »
In the digital world, the blockchain revolution is often celebrated for its role in empowering decentralized systems. However, within this seemingly complex landscape, there’s a critical yet often underestimated component known as the ‘nonce.’ This guide will explore the ins and outs of the blockchain nonce, shedding light on its essential role within the expansive …
Blockchain Nonce: Understanding Its Functionality and Importance Read More »
The internet has come a long way, and now we find ourselves in the era of Web3. Unlike its predecessors, Web3 is all about decentralization, putting users in the driver’s seat, and leveraging blockchain technology. But as with any groundbreaking change, ensuring its safety is a top priority. This is where the Web3 Bug Bounty …
What Is Web3 Bug Bounty? Everything You Need to Know Read More »
The world of cryptocurrencies has been growing at an astonishing pace, and to keep up with this surge, Layer 2 (L2) solutions have emerged. These solutions are like performance boosters for blockchain networks, helping them become faster and more efficient. In 2024, we’ve seen a vibrant layer 2 crypto list, showcasing 15 remarkable solutions that …
Top 15 Layer 2 (L2) Crypto List to Consider in 2024 Read More »
