Blockchain
Blockchain is the underlying technology for almost all cryptocurrencies. It is a distributed ledger jointly maintained by decentralized nodes around the world. Blockchain is hailed as "the trust machine", enabling trustless peer-to-peer payments. Blockchain will become the infrastructure for the next generation of the Internet - Web 3.
The Byzantine Generals Problem is a situational description of the distributed consensus problem.
What blockchain is, its utility, the meaning behind layers and rollups, blockchain comparisons and how different crypto ecosystems are being built?
DApp is the abbreviation for Decentralized Application. DApps are the actual providers of various services (such as Defi, NFT, and so on) in the crypto world. The blockchain ecosystem is diverse and complex, with many DApps, public chains, and other projects.
Bankless DAO, launched by the crypto media outlet Bankless founded in 2019, is one of the most well-known DAOs in the crypto space.
Now, Bankless has grown from a centralized media organization to a paradigm of decentralized community cooperation.
Tornado Cash is an industry-leading coin mixer that enables anonymous transactions. On August 8, the U.S. Department of the Treasury’s Office of Foreign Assets Control announced that it would sanction Tornado Cash, roiling the community.
On August 8, U.S. local time, the Office of Foreign Assets Control of the US Department of the Treasury (OFAC) announced the sanctions against the mixed currency protocol Tornado Cash, roiling the community.
This event is expected to be a watershed in the growth of DeFi, and even the entire crypto industry. Then, what is Tornado Cash? How does it work? How did it become the target of sanctions by the US government? You’ll find all the answers to these questions in this article.
Developed by the DFINITY Foundation, Internet Computer (IC) is a blockchain service provider with a grand vision. It aims to become a basic computing service facility in the entire blockchain field. Similar to the blockchain versions of AWS (Amazon Cloud Computing Service) and Azure (Microsoft Cloud Service Platform), the Internet Computer (IC) provides solutions for all network services and cloud computing needs. If it is able to keep developing in the long term, it will be capable of bringing huge innovation to the crypto industry.
Derivatives are born due to demand. It is speculation or risk aversion. Choosing the appropriate crypto derivatives allows you to get twice the result with half the effort.
Polkadot is currently a remarkable project in the blockchain field. With the gradual advancement of the Ethereum upgrade, Polkadot's performance and architectural advantages have suffered a lot, but it remains one of the most powerful competitors in terms of public chain infrastructure.
If Bitcoin represents blockchain 1.0 which has opened up the crypto world, and Ethereum represents blockchain 2.0 which has promoted technology applications. In that case, when it comes to blockchain 3.0, it is surely represented by the popular cross-chain project - Polkadot (DOT). Polkadot neither loads smart contracts nor runs blockchain programs, but tries to establish an intermediate chain (Relay Chain) that can connect to other public chains and allows them to achieve reliable Interchain Message Passing (ICMP). The "Father of Polkadot'' Gavin Wood intended to use Polkadot to realize the interconnection between different public chains, thereby making it the Internet of blockchains.
## Polkadot’s team
The major organizati
Asymmetric-key Algorithms are algorithms that can encrypt and decrypt information.
Encryption algorithms, consensus mechanisms, and hash functions are the keys to ensuring that blockchains are immutable.
As a decentralized content creation platform, Mirror is one of the most important content centers in Web 3.0. By combining fan economy, NFT, and DAO, Mirror has applied blockchain technology to the creator economy in an unexpected but reasonable way.
Created by Denis Nazarov, a former partner of a16z, Mirror is a decentralized content creation platform that allows users to freely write, publish, and disseminate any content on it. However, the platform does not have the authority to review and modify the content. Moreover, Mirror tokenizes user-created content which can be self-published on the platform, truly achieving decentralized writing.
Mirror has gained remarkable attention in the crypto space since its launch in October 2021. It is also the best example of Web 3.0 in the creator economy. Though established late, Mirror is quickening its pace to catch up with established platforms such as Twitter and Telegram to become one of the most key content centers in Web 3.0.
## Basic functions of Mirror
###
EVM is an abstraction layer between the code and the host that serves as a guarantee to maintain the smooth operation of Ethereum. What is EVM after all? What are the principles and typical use cases of EVM? Let’s dive deeper into it.
As Ethereum successfully merged and migrated to proof-of-stake, mining will no longer be possible on Ethereum. How should Ethereum miners respond to this drastic change?
Bitcoin, the world's first successfully used cryptocurrency, is a decentralized peer-to-peer digital payment network invented by Satoshi Nakamoto. Bitcoin allows users to trade directly without a financial institution or a third party.
Sharding is a database partitioning technique that helps blockchains build scalability, allowing transactions to be processed in parallel by multiple sharding chains to reduce network congestion and increase transactions per second (TPS).