ERC-1155
What is ERC-1155? An ERC-1155 is a standard token that falls in the ERC category. It is a semi-fungible token standard on the Ethereum blockchain,… Read More »ERC-1155
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Web3 Glossary
Geth
What is the meaning of Geth? Geth, short for Go-Ethereum – is a software program written in Go programming language developed by Google. Go is… Read More »Geth
Consensus Mechanism
What is a consensus mechanism in crypto? When it comes to cryptocurrency and decentralization, integrity and security are two of the most important postulates. A… Read More »Consensus Mechanism
Rinkeby Testnet
What is it? Rinkeby testnet is a test network for Ethereum, which is a decentralized platform that runs smart contracts. Rinkeby is one of several… Read More »Rinkeby Testnet
Ethereum Virtual Machine (EVM)
EVM stands for Ethereum Virtual Machine. It is called the heart of the Ethereum Blockchain because it is the main place where all the accounts… Read More »Ethereum Virtual Machine (EVM)
REKT
What is REKT? REKT is yet another crypto slang. So, what is REKT? It means exactly what it sounds like – wrecked. It is used… Read More »REKT
Validator
What is a blockchain validator? 📖 A blockchain validator, as the name suggests, is someone who validates transactions on a blockchain. In blockchains such as… Read More »Validator
Staking
What is staking? Staking in crypto refers to the process of holding or locking up cryptocurrency in a wallet to support the operations of a… Read More »Staking
Plasma Chain
What is a plasma chain? A plasma chain or plasma is similar to a blockchain with its own validation mechanism. It executes transactions off-chain meaning… Read More »Plasma Chain
Address
What is a wallet address? 📖 It is a unique sequence of numbers and letters to send and receive information or assets. In blockchain technology,… Read More »Address