Blockchains come in many forms, each solving different problems. Layer 1 blockchains (L1s) like Ethereum, Solana, and Avalanche handle transactions and smart contracts. Some focus on speed, like Aptos and Hedera, while others, like Cosmos and Polkadot, connect multiple networks. Layer 2 solutions (L2s), such as Arbitrum and Optimism, reduce congestion by processing transactions off-chain. Layer 3 blockchains (L3s) take it further, offering specialized rollups for gaming, DeFi, and business needs. Moving assets between blockchains? Cross-chain bridges like Wormhole and Synapse make it happen. Choosing the right network means better security, speed, and flexibility.
Scalability, interoperability, privacy— those are the three most primary challenges affecting blockchain technology this far. But what if I told you that there is already a solution for all these challenges? Enter Polyhedra Network— The ZKP powered tool fostering blockchain interoperability. Key Takeaways What is The Polyhedra Network? Launched in 2023, Polyhedra emerged as a ...
One of the biggest problems clouding the world of blockchain technology is the lack of scalability. Super large blockchain networks like Ethereum and Bitcoin suffer serious scalability issues, which seem to increase with new tokens and projects. However, the Shardeum blockchain is bringing a new solution to blockchain scalability. Key Takeaways: What is Shardeum Blockchain? ...
Taraxa is a cutting-edge blockchain network designed to elevate businesses’ credibility and reputation. This network achieves this massive feat by ensuring the integrity of informal transactional data. Informal transaction data includes records of trades or transactions not featured within the structured systems of legal documents and hence not verifiable. Taraxa takes the reins by simply ...
The blockchain space is clouded by many weaknesses, all causing a significant decline in service efficiency. From extreme gas charges in networks like Ethereum and Bitcoin to slow transaction speeds and low scalability in the same chains, blockchains, and their users have been suffering. Furthermore, ever since the early days of blockchain, there have been ...
What do you call the network fashioned to return the true meaning and value of money? Well, i’t the Quai Network! But, what is the Quai Network? How does it work? What are its features? Key Takeaways: What Is Quai Network? Quai is defined as a scalable and programmable PoW blockchain network fashioned to bring ...
The Ethereum network has revolutionized the blockchain industry by introducing smart contracts and decentralized applications (DApps). Originally conceptualized by Vitalik Buterin in 2013, Ethereum launched in 2015 and has since evolved into one of the most powerful blockchain platforms. Unlike Bitcoin, which primarily serves as a digital currency, Ethereum provides a Turing-complete programming language that ...
IronFish crypto is trying to build a privacy platform for crypto, that will make WEB3 safer, more accessible, and more attractive for mainstream users. Its key feature is its focus on privacy, enabled by Zero-Knowledge Proofs, which distinguishes it from more public cryptocurrencies like Bitcoin. With Iron Fish, transaction details, including the amount sent and ...
In 2009, Bitcoin was launched. Born with the primary ambition of redefining the financial realm, Bitcoin grew, leading to the emergence of a larger ecosystem of blockchains. Although the coin was highly ignored in the first years, Bitcoin has grown into a trillion-dollar network. The crypto ecosystem, too, is seeing immense growth. The primary driver ...
Ever since the 2020-2021 crypto market bull run, the realm of crypto and DeFI asset trading has grown exponentially. Every other year, dozens, if not hundreds, of DeFI projects launch, adding to the number of tokens to trade on decentralized exchanges. Of course, the rise of many DeFI tokens led to the emergence of trading ...
The Cosmos Ecosystem is ever expanding. And among the products getting traction early in 2024 is Dymension. But why? This guide looks keenly into the Dymension ecosystem. What is Dymension (DYM)? Dymension is a top-tier web3 network focusing on providing high-speed modular blockchains named RollApps. The applications are designed to completely transform how developers can ...
Dan Opondo