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Tag: Ethereum

Blockchain

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A blockchain is a decentralized, peer-to-peer network of computers that maintains and verifies a public ledger of transactions using a consensus process to validate records. In a blockchain network, each computer keeps its own copy of the public database, making it virtually impossible for a single computer to change any previous transactions or for malicious actors to overload the network. Blockchain is the tech that underpins bitcoin,...

Blockchain, Ethereum, Glossary

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Ethereum Berlin

Ethereum Berlin

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Ethereum takes another step towards 2.0 with the Berlin fork The Ethereum project recently deployed the Berlin fork. Berlin aims to solve some of Ethereum’s growth problems and make scaling easier than ever. This is an important step in the development of the Ethereum network. What is Berlin Hard Fork on Ethereum? The Ethereum Berlin is a hard fork. Its objective is to solve various problems...

Ethereum, Featured

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Flash Loans

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Flash loans are a form of Decentralized Finance’s (DeFi) loans that are quickly executed and do not need collateral. These flash loans are possible because of the way data is recorded on the Ethereum network. The flash loan is effectively reversed if the principal and interest are not returned within one Ethereum transaction. Flash loans are a creative and useful platform for arbitrage and fast transactions that weren’t feasible...

Ethereum, Glossary

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Altcoin

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The term “altcoin” refers to any cryptocurrency that isn’t Bitcoin – a digital money that isn’t Bitcoin. Because Bitcoin was the first cryptocurrency, each subsequent cryptocurrency was considered an “alternative.” Ethereum, XRP, Litecoin, Cardano, and Dogecoin are some of the most well-known cryptocurrencies. Altcoin traders often trade enormous volumes of altcoins every day in the hopes of making quick...

Ethereum, Glossary

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Ethereum

Ethereum

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Ethereum price Ethereum is an open-source platform, designed to let people create applications that run exactly as programmed without any chance of fraud, censorship, or third-party interference. Basic Info  Name: EthereumSymbol: ETHInitial release: 2015Authors, Developers: Vitalik ButerinConsensus algorithm: Proof-of-Work (PoW)Website: https://ethereum.org/ Ethereum Ledger...

Coins, Ethereum

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