Over the years, Ethereum, the groundbreaking blockchain platform, has undergone a series of transformative upgrades that have reshaped the landscape of decentralized finance and smart contracts. This blog will delve into the fascinating history of Ethereum upgrades, from its humble beginnings to its current status as a leading force in

Soulbound tokens, often called SBTs, are unique digital tokens that utilize blockchain technology to symbolize an individual's identity. This identity can encompass various facets of a person's life, such as their medical history, professional background, and other defining attributes. These tokens are stored in digital wallets, aptly named "Souls." It's

Liquidity within the cryptosphere signifies the smoothness with which one can transition a digital coin or token into another form of digital asset without affecting its market value. It plays a pivotal role in rendering the cryptomarket stable and shields exchanges and traders from sudden price fluctuations. This ease of

What is Ethereum Gas? Ethereum Gas plays a vital role in maintaining the stability and security of the Ethereum network. But what is Ethereum Gas? Let's break it down for those who are new to the concept. Also Read: Ethereum Merge Understanding Ethereum Gas It is the unit of measurement

What are EIPs? EIPs represent formal propositions aimed at enhancing the Ethereum blockchain. Drawing parallels, EIPs resonate with Bitcoin Improvement Proposals (BIPs) and offer a platform for the Ethereum community to pitch, deliberate, and actualize modifications to the Ethereum framework. Also Read: Ethereum Gas Understanding EIPs Proposed advancements or changes

What is BNB? BNB, or Binance Coin, is the native cryptocurrency of the Binance platform, one of the world's largest cryptocurrency exchanges by trading volume. BNB was initially launched on the Ethereum blockchain as an ERC-20 token, but it has since moved to its own blockchain, the BNB Smart Chain.

What is Binance ? Founded by Changpeng Zhao in 2017, Binance is one of the most popular and largest cryptocurrency exchanges in the world in terms of trade volume. Binance has a variety of use cases including Spot Trading, Margin Trading, Futures Trading, and Lending. Binance also has its own cryptocurrency,

Ethereum is a Decentralized open-source platform which enables the Blockchain Developers to build and deploy the 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

Proof of Work Proof of Work (PoW) is a consensus mechanism that is used to verify and authenticate the transactions in the Blockchain Networks. The PoW mechanism is used to add new blocks to the blockchain. A consensus mechanism is an approach used in decentralized systems to ensure that all

In recent years, blockchain technology has been one of the most talked-about developments in finance and the digital world. Among the many innovations brought about by blockchain technology, smart contracts have garnered a lot of attention.   These are powered by blockchain and have the potential to revolutionize the way contracts

BNB is a cryptocurrency launched by Binance, the world's largest cryptocurrency exchange in 2017. BNB can be used to earn rewards, lending, to create smart contracts, and for making transactions as well. What is BNB, It is also used to pay for the trading fees on Binance.  Apart from this,

Understanding the Polygon Bridge Polygon Bridge is a bridge service that allows you to transfer your tokens between the Polygon network and other blockchain networks like Binance Smart Chain, Ethereum, and others. It is a decentralized bridge, meaning that it is not controlled by any one entity. This makes it

What exactly is Staking? Staking is a process of locking up your cryptocurrency through which you can participate in validating the transactions on a blockchain network. In Staking, the Stakers are rewarded with an additional cryptocurrency for their participation which can be a good way of getting rewards on their

Polygon zkEVM, an L-2 scaling solution for Ethereum that uses zero-knowledge proofs (ZKPs) to achieve high throughput and lower gas fees. It is designed to be fully compatible with the EVM so that developers could easily port their existing Ethereum dapps to Polygon zkEVM. ZKPs allow two parties to verify

A stablecoin is a crypto asset designed to maintain a relatively stable value to another asset, such as a fiat currency (e.g., the US dollar), a commodity (e.g., gold), or another cryptocurrency (e.gBitcoin). The value of a stablecoin is far less volatile than the price of other

An Ethereum bridge is a blockchain-based protocol that allows users to transfer assets between Ethereum and other blockchains. Ethereum Bridges works by creating a two-way connection between Ethereum and the other blockchains. This connection allows the users to deposit assets on one blockchain and withdraw them on some other blockchain.

Polygon Supernets is a way to build and deploy decentralized applications (dApps) on the Polygon network. Supernets are particularly useful to organize large amounts of data and facilitate communication between different groups of users. How do Polygon supernets work? Polygon Supernets are built on top of the Polygon network, but

What is Liquid Staking? Direct (also known as native or traditional) staking requires you to lock up your cryptocurrency for a fixed staking period of time. That can either be months or years to keep your native tokens untouched, this is where liquid staking comes into existence In liquid staking

Ethereum's transition to Proof of Stake (PoS) has significantly elevated the significance of DeFi staking. Staking plays a pivotal role in the PoS consensus system, with validators committing a minimum of 32 ETH (only for Ethereum blockchain) to engage in block proposal, validation, and safeguard the entire blockchain. In this

LSTfi (Liquid Staking Tokenized Finance) has emerged as a significant force in the DeFi (Decentralized Finance) landscape. This innovative financial system leverages liquid staking tokens (LSTs) to unlock new avenues for yield generation and asset management. This comprehensive guide delves into the core principles of LSTfi, its key components, and

Wondering what is a staking pool? It is a method where multiple users combine their resources to increase their chances of validating blocks and receiving rewards . In cryptocurrency, staking is a fundamental part of Proof of Stake (PoS) systems, such as Ethereum 2.0. Staking pools have made this lucrative

What is DeFi & How Does it Work? Decentralized finance (DeFi) is a financial system which is built on top of blockchain technology. DeFi allows users to participate in financial services without the need for a third party, such as a bank or a traditional financial institution. DeFi applications are built

What is BNB? BNB is a cryptocurrency launched by Binance, the world's largest cryptocurrency exchange in 2017. BNB can be used to earn rewards, lend, and for making transactions as well. Apart from this, BNB is also used to pay for the trading fees on Binance.BNB powers the Binance

What is MaticX? Stader’s intent with its liquid staking token, MaticX, is to create an LST with a unique value proposition to users and node operators while also adding to the diversity of LSTs on Matic Network. Some of the key features of Maticx are as follows: Built for