A DAO (Decentralized Autonomous Organization) in blockchain uses blockchain technology to automate its operations meaning that all the rules and procedures of the DAO are encoded in code and cannot be changed without the consent of the community. DAOs have no central leadership. Each decision made in DAOs is made

Liquid Staking Tokens (LST) are said to be the driving forces for Ethereum decentralization. Yet, paradoxically, it can appear to be quite centralized. Here’s why that can be a cause of concerns. Two of the  most preferred ways of staking $ETH are— ▻ Liquid staking (36.4%) ▻ Centralized exchanges (24.

A private key in crypto is a long string of numbers and letters that is used to access your cryptocurrency wallet. It is similar to a password, but it is much more secure. Private keys are used to sign transactions, which means that they are used to prove that you

Proof of stake (PoS) is a consensus mechanism used by blockchains which validates the transactions and helps in securing the network. In PoS, the validators are selected randomly in order to add new blocks to the blockchain based on the amount of cryptocurrency they stake which is in contrast to

Ethereum is a Decentralized open-source platform which enables the Blockchain Developers to build and deploy Smart Contracts and decentralized applications (dApps). The transactions made through Smart Contracts are the simple self-executing programs that are executed on the Ethereum Blockchain once the predetermined conditions are met. This enables the transactions to

What is Matic? Matic, the native cryptocurrency of Polygon is a layer-2 scaling solution for dApp-friendly platforms that allows quicker and less expensive transactions. It uses a number of techniques to improve Ethereum's scalability, security, and overall performance. The plasma framework is implemented by the Matic Network in order to

How Does Polygon (MATIC) Work? Polygon is a Layer 2 scaling solution for Ethereum which ensures a smooth performance of the Ethereum Blockchain. Polygon aims to take care of the major problems on the Ethereum Blockchain including High Gas fees, Slow Transactions, and Scalability Issues. Polygon uses the Plasma framework

MEV (Miner Extractable Value), is the value that could be extracted by miners from the Ethereum blockchain through the Systemic and well-thought reordering of transactions. MEV extraction can be performed via a variety of methods, including sandwiching, frontrunning, and sniping. In the following article, we’ll be deep diving into

DeFi, also known as De­centralized Finance, is a ne­w-age financial system based on blockchain te­ch. It's out to shake up old-school finance by offering open, permissionless, and decentralized alternatives to services like banking, lending, borrowing, and trading. De­Fi uses public blockchains like Ethere­um, and smart

Tokenomics, also called ‘Token Economics’ is the economics of a blockchain token. It usually refers to the total supply of tokens, the distribution of tokens, the inflation rate, the security of the project, use cases for the token, and other necessary information regarding the token. Tokenomics is a very important

You can unlock a world of possibilities by adding Matic to your Metamask wallet. In our dedicated article, we will provide a comprehensive guide on how to seamlessly integrate Matic tokens into your Metamask wallet. By following the step-by-step instructions, you can gain access to a wide array of options

Web3 is the next generation of the internet, built on blockchain technology. Web3 is specifically used for decentralized, open, and secure web that gives users more control over their data and online experiences. Blockchain is a distributed ledger technology that allows for secure, transparent, and tamper-proof transactions. It is the

Crypto tokens are digital assets that are built on top of an existing blockchain network. They are similar to cryptocurrencies, but they have different purposes on top of the Blockchains. Crypto tokens are created using smart contracts, which are self-executing contracts that are stored on the blockchain. Smart contracts can

A Blockchain wallet or Crypto Wallet is a digital wallet that helps in sending and receiving cryptocurrency transactions similar to how traditional banks allows users to conduct the transaction through their bank account, the difference being that Crypto wallets enables transactions to be done in decentralized manner whereas traditional banks

Blockchain nodes are network stakeholders that are connected to a blockchain network. They store a copy of the blockchain and help to verify and process transactions. Nodes are essential for the security and efficiency of blockchain networks. Also Read: How To Add Binance Smart Chain To Metamask How Do Blockchain

What is an Ethereum Virtual Machine (EVM)? Ethereum Virtual Machine (EVM) is a device used to manage the blockchain and execute smart contracts. EVM is implemented by the software running on Ethereum nodes. Nodes help in keeping track of transactions that are done to update the ledger during the EVM

Liquid staking derivatives (LSDs) are a kind of token that symbolizes staked assets. LSDs are issued by the Liquid Staking protocols, which allows the user to stake their assets without the need to lock them up. It gives the users flexibility to use their staked assets in other DeFi protocols,

A cryptocurrency is a decentralized digital currency, existing mostly on a blockchain and secured by a combination of cryptography and consensus mechanisms. Cryptocurrency allows peer-to-peer exchange of value without the need for a middleman. It also eliminates the need for a central authority like a bank or a financial institution

With Staking becoming a popular way to earn an income in the Crypto world, Matic offers a load of benefits and opportunities to earn Rewards. In the following article, we will be understanding how to stake Matic and earn Rewards on the network. What is Matic? Built by Jaynti Kanani,

Built by Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun in 2017, Matic is the native cryptocurrency on Polygon. The Polygon (Matic) Network is a dApp developer friendly platform that enables quicker and less expensive transactions. For quicker and less expensive transactions, the Plasma framework has been implemented by Matic Network.