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Tag: Ethereum

Web3

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In short, Web3 is about taking back some control from the tech giants that dominate today’s web. Web3 is a movement to make the internet more secure, private, and powerful for its users. It’s about giving you the option to control your data and how you interact with the web, instead of being bombarded with ads or tracked by third parties. It’s also about making you feel more secure when you’re online, whether that...

Ethereum, Glossary, Web3

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ethereum 2.0

Ethereum’s Metropolis Hard Fork Won’t Launch in June

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Ethereum’s shift to proof-of-stake might have to wait a little longer. After a few weeks of speculation, Ethereum core developer Tim Beiko confirmed in a tweet Tuesday that the long-awaited Ethereum Merge will come later than expected. Instead of June, Beiko said that the network’s transition to proof-of-stake is more likely to come “in a few months after.” It won't be June, but likely in the few months after. No firm...

Ethereum, Featured, Staking

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what is a rollup in crypto

What is a rollup in crypto?

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Among the new functions of the Ethereum network to solve its problems of scale, speed, and transaction costs is the “rollup” function, which is an off-chain method of carrying out transactions. A rollup is a method of performing transactions outside the main Ethereum blockchain and sending only the outcome of those transactions back to the main Ethereum network. This allows for a higher volume of transactions to be settled on...

Cryptocurrencies, Ethereum, Featured, Guides

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wrapped tokens

What are ‘wrapped tokens’?

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Wrapped tokens have opened up a whole new world of possibilities in the cryptocurrency market. But what are they? How do they work? Where can you find them? What’s the difference between wrapped tokens and regular tokens?. Wrapped tokens are a type of tokenized cryptocurrency. Unlike traditional cryptocurrencies, which are digital currencies that operate on their own blockchains, wrapped tokens are based on a different blockchain but...

Bitcoin, Cryptocurrencies, Ethereum, Featured, Glossary, Guides

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What is Proof of Work (POW) in crypto?

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The proof of work protocol, or Proof of Work, is the best known and oldest consensus protocol that consists of the parts of a network successfully carrying out computationally expensive work to access the resources of that network. Proof-of-work is one of the most widely used concepts within the crypto community, thanks to its success with Bitcoin. It is a very versatile tool that can be applied to many different scenarios. The...

Bitcoin, Cryptocurrencies, Ethereum, Glossary

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