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Etherscan Explained
What Does Etherscan Do? Etherscan is the most trusted blockchain explorer searching through the endless points of data on the Ethereum blockchain.…
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NFT Wash Trading Explained
What Is NFT Wash Trading? Wash trading in regards to NFTs is the process of buying and selling NFTs in a way…
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Consensus Mechanisms
What Is A Consensus Mechanism? Consensus is when a general agreement is reached. In reference to blockchains, consensus mechanisms are fault-tolerant systems…
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Crypto Adoption Rates Rising In Germany: Report
Cryptocurrency exchange KuCoin has released a report titled ‘Into the Cryptoverse 2022’ and found that almost half of Germans are motivated to…
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Proof-of-Stake (PoS)
What Is Proof-of-Stake (PoS)? Proof-of-Stake (PoS) is a set of consensus mechanisms built to process transactions on a blockchain. A validator is…
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Decentralized Autonomous Organizations (DAOs)
What Are DAOs? A Decentralized Autonomous Organization (DAO) is an organization that is owned and managed by its own members, without the…
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Application Layer Protocols
Any sustainable system requires the ability to adapt to changes. A blockchain protocol is a critical part of any distributed ledger, facilitating…
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Central Bank Digital Currencies (CBDCs)
What Is A Central Bank Digital Currency (CBDC)? A central bank digital currency (CBDC) is a virtual currency backed by a country’s…
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ERC-721 NFT Standard
What Is An NFT? Non-Fungible Tokens (NFTs) are digital assets based on a blockchain and are linked with distinctive codes and metadata…
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ERC-20 Token Standard
Not all cryptocurrencies have their own blockchain. Rather there are some that run on top of a blockchain, these are called tokens.…