The blockchain allows us to track the history and origin of all assets created on it. Because of this, NFTs are a common way for artists to mint works that, among many other features, can be easily authenticated. The authenticity of an object is something of great controversy in the art and collectibles world. Physical … Read more
The modern on-chain economy can be described as follows: The blockchain provides trust to DApps and, in return, receives fees. This enables an ecosystem where startups don’t need reputation or trust. Anyone who trusts the blockchain and verifies the DApp code can use it. Optimistic and ZK rollups outsource execution while proving computation to Ethereum … Read more
Inscriptions have taken down multiple chains and caused huge gas spikes over the last couple of days. However, very few people actually understand what’s going on. Here’s a simple explanation of inscriptions – how they work and why they’re being spammed everywhere. The concept of Inscriptions started with Bitcoin’s Ordinals. Ordinals allow data to be … Read more
Ordinals were first launched on the Bitcoin mainnet on January 20, 2023. They are the latest way to create NFT assets on Bitcoin. Ordinals are means of creating Bitcoin NFTs by attaching data such as images, videos, and more to an individual satoshi on the base Bitcoin blockchain. A “satoshi,” or “sat,” is equivalent to … Read more
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The recent Arbitrum airdrop has given users between $2,000 to $10,000 for interacting with the layer 2 blockchain. Here is another potential airdrop opportunity in 2023: Starknet is a permissionless decentralized Rollup L2 network over Ethereum, enabling any dApp to achieve unlimited scale for its computation without compromising Ethereum’s composability and security. Starknet’s token has … Read more
Multichain DEX, Multichain Token JOE is a ‘multi-utility’ governance token, with a fixed supply of 500m that was launched on the Avalanche blockchain in mid-2021. Since launch, JOE has undergone an expansion of utility into a novel modular staking system that served to enrich and enhance the user experience across the Trader Joe DEX. With … Read more
https://canto.io/ Canto is a permissionless general-purpose blockchain running the Ethereum Virtual Machine (EVM). It was built to deliver on the promise of DeFi that through a post-traditional financial movement, new systems will be made accessible, transparent, decentralized, and free. At launch, Canto provides secured by and an EVM execution layer via in addition to core … Read more
Previously, any project that wanted to transfer assets or data between Avalanche Subnets had to deploy and manage its own bridges to accomplish this goal. To understand what AWM really works, first we must understand two things: BLS digital-signatures BLS digital signature, also known as Boneh–Lynn–Shacham, is a cryptographic signature scheme that allows a user … Read more
In the past, other chains have paid AWS to host some nodes, and has pitched this as “AWS partners with SomeChain.” In reality, SomeChain was paying AWS — they were a client of AWS. There was no meaningful partnership. This announcement is the exact opposite. AWS recognizes how blockchains are evolving, with subnets serving as … Read more