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A new generation of layer-1 blockchains are about to debut this year and MONAD seems to have caught the interest of retail investors ahead of its launch. There are rumors about project presale, MONAD airdrop & mining. Let’s address them in this post. What is MONAD crypto? MONAD is a decentralized layer-1 EVM (Ethereum Virtual …
Blockchains are the lifelines of the crypto industry and Near Protocol aims to be the heart of it. Like Ethereum, Near Protocol is an open-source, decentralized and highly scalable chain built for running smart contracts and dapps. Founded in 2017, it primarily focused on addressing the blockchain trilemma i.e. security, scalability and decentralization. The project …
Arbitrum is a layer-2 chain built by Offchain labs for Ethereum blockchain. It helps make Ethereum a congestion-free network using Optimistic rollups technology. Arbitrum leverage the security of Ethereum and use its sidechain to process transactions before relaying them to the ETH mainnet. It is also one of the fastest L-2 chains with the capacity …
Avalanche’s partnership with AWS will help boost its infrastructure and decentralized app (dApp) ecosystem. Ava Labs, the creator of Avalanche blockchain has partnered with Amazon Web Services (AWS) to help scale blockchain adoption for governments and enterprises. According to the Vice President & global head of Startup at AWS “web3 and blockchain adoption is inevitable”. …
Peer-to-peer crypto marketplace Paxful permanently removes ETH from the platform. CEO & co-Founder Ray Youssef has announced the removal of ETH from Paxful which is one of the largest peer-to-peer Bitcoin marketplaces in the world. Backing up his action, Ray tweeted “valuing integrity over revenue”. We finally kicked #ethereum off our marketplace. 11.6m humans safer. …
Algorand (ALGO) is a decentralized & permissionless blockchain created to address the issues surrounding scalability, security & decentralization. The blockchain was launched in 2019 by Silvio Micali, an MIT professor and Turing award winner for his work in cryptography. The team is well versed with blockchain concepts and consists of researchers, scientists & mathematicians. Users …
Polygon has become one of the most preferred layer 2 scaling solutions on the Ethereum Network. The chain has its own consensus mechanism and uses rollups to ease the load of Ethereum while maintaining security & low-gas fee transactions. Launched in 2017 and developed by Sandeep Nailwal, Jaynti Kanani, and Anurag Arjun, Polygon has come …
When it comes to developing a DAPP or a crypto protocol, the Ethereum network is the preferred choice of blockchain users . With Solidity, it has made the whole process of creating and deploying DAPPS like a walk in the park for developers. However, the fame came with a cost in the form of network …
The Ethereum network has opened doors for developers by allowing them to use their coding skills and build blockchain-based applications that run on smart contracts. It’s the beginning of the new age of the internet, popularly known as Web3 where DAPPS has a bigger role to play in transforming the digital space by securing users’ …
Ethereum has been the most favoured blockchain in the crypto space, hosting a ton of promising DAPPS, NFTs and play-to-earn games. Infact the top NFT projects like Crypto Punks & BAYC are built on the Ethereum network. Everything looks perfect but there’s the problem of scalability and higher gas fee. To help users transact with …
