IOTA Detailed: The Tangle-Based Distributed Ledger for IoT

IOTA Detailed: The Tangle-Based Distributed Ledger for IoT

What Is IOTA? IOTA is a distributed ledger designed to facilitate transactions between devices in the Internet of Things (IoT) ecosystem. The ledger uses IOTA, a cryptocurrency, to account for transactions in its network. IOTA’s key innovation is Tangle, a system of nodes used for confirming transactions. Tangle is claimed to be faster and more…

The Ethereum Cancun Upgrade: A Possible Solution for Ethereum’s Scalability Problem

The Ethereum Cancun Upgrade: A Possible Solution for Ethereum’s Scalability Problem

What Is The Ethereum Cancun Upgrade? The Ethereum blockchain is on the cusp of a significant upgrade known as Cancun-Deneb, set to take place in early 2024. This update is a major step in enhancing the network’s ability to scale, introducing new Ethereum Improvement Proposals (EIPs) that aim to reduce gas fees, bolster security, and…

What Is Monad? A Comprehensive Look at the New Layer 1 Protocol

What Is Monad? A Comprehensive Look at the New Layer 1 Protocol

What Is Monad? Monad is a decentralized, Layer 1 smart contract platform designed to address the scalability limitations of existing blockchains. It utilizes a novel pipelined execution architecture, enabling it to handle up to 10,000 transactions per second while maintaining instant finality. This exceptional performance is complemented by Ethereum compatibility, allowing developers to seamlessly port…

Celestia Deep Dive: An Innovative Blockchain Scaling Solution

Celestia Deep Dive: An Innovative Blockchain Scaling Solution

What Is Celestia? Celestia is a unique blockchain project that operates as both a standalone chain and a layer-2 solution. It serves as the data availability layer (DAL) for other blockchains, providing a secure and scalable way to store and verify transaction data. While it has its own independent chain, Celestia’s primary function is to…

What Is Sei? A High-Speed EVM-Compatible Blockchain Explained

What Is Sei? A High-Speed EVM-Compatible Blockchain Explained

What is Sei? Sei Network emerges as an innovative blockchain platform constructed specifically for the needs of digital asset trading. By incorporating an Ethereum Virtual Machine that operates parallel processes, the network propels transaction efficiency, making major strides in decentralization and scalability. A distinctive characteristic of Sei Network is the implementation of Optimistic Parallelization alongside…

Unveiling Binance Coin: A Full Guide To BNB

Unveiling Binance Coin: A Full Guide To BNB

What Is Binance Coin? Binance Coin (BNB) is a cryptocurrency created and issued by Binance, the world’s largest cryptocurrency exchange by trading volume. It was launched in 2017 as a utility token to provide discounted trading fees on the Binance platform. However, BNB has since evolved into a multi-purpose asset with a variety of use…

Aptos Explained – A Speed-Focused Layer-1 Blockchain

Aptos Explained – A Speed-Focused Layer-1 Blockchain

What Is Aptos? The Aptos Blockchain is presented as a “scalable, safe, reliable, and upgradable” network that has been dubbed by many as “the Solana Killer.” Aptos is a layer-one blockchain developed by Aptos Labs, founded by core contributors of Diem (developed by Meta), and uses Proof-of-Stake (PoS) for its consensus algorithm. The network has…

What is NEO? A Comprehensive Guide to the Dual Token

What is NEO? A Comprehensive Guide to the Dual Token

What Is NEO? NEO is a smart contract blockchain platform designed to build a smart economy that uses smart contracts to automate digital asset management. The goal is to fully digitize assets and identities to improve the quality of life for everyone. NEO has two native tokens, NEO and NEO Gas. NEO is used to…