What is OffChain?
Off-chain is the visible call to action for blockchain and crypto activities, a mix of real-life actions and encoded functionalities for transaction possibility, data […]
Month: July 2022
What Does Onchain Mean?
What IS On-Chain? On-chain, Off-chain, and side-chain are terminologies on web 3.0 that describe the In and out of a built blockchain program. They are […]
What is Testnet?
What are Testnet and Mainnet? We often hear the terms test-net and main-net before a blockchain project launch. They are functional descriptions of a blockchain […]
What is DLT?
Distributed Ledger Technology(DLT). Distributed ledger technology (DLT) is a form of storing and encrypting data on multiple networks, therefore, preventing third-party interference. The Concept. […]
What are APY and APR?
APY and APR. Annual Percentage Yield (APR) and Annual Percentage Rate (APR) are formulas in which interest is calculated on how much will be earned […]
What Is Staking and Governance?
Web 3.0 Proof of Work Staking. The Proof of Stake (PoS) blockchain – “staking incentives”, is a way of having an additional income on investment, […]
The Proof of Stake(PoS) Blockchain.
Proof of Stake is a consensus mechanism used on the blockchain to achieve reward distribution
The Proof of Work (PoW) Blockchain
Proof of Work (PoW) is a crypto mining mechanism that requires miners to solve multiple mathematical algorithms using computer hardware.
What Is A DAO – The Struction of a DAO
What is a DAO? A Decentralized Autonomous Organization (DAO), Is an organization created on the Internet by projects that utilize blockchain technologies to allow participants […]
What is a Decentralized Web
Truly decentralized protocols will lack Authoritarians.
The Different Types of Blockchain Asset
All assets on the blockchain are data types with value-added for peer-to-peer Internet payment. The Names For Blockchain There are two types of blockchain, the […]
What Is Decentralized Application (Dapp)
The Blockchain requires an application to showcase its function and quality, which the Dapps represent. What Is Dapp? Decentralized Applications (Dapp) are applications built on […]
What Is Web 3.0?
What is Web 3.0? Web 3.0 is the third generation of web development in which technologies are built on the blockchain for internet decentralization. Decentralization […]
What Is a Smart Contract – How Does The Smart Contract Walk?
A smart contract is one of the most important parts of blockchain technology. What Is A Smart Contract? Smart contracts are written programs that facilitate […]
What Is An EVM? the function of VMs on the Blockchain.
Virtual Machines are the engine of blockchain technology. The function of Virtual Machine. Virtual machines (VM) are components that exist within the hardware and software […]