The Layer 2 scaling solution for Ethereum, called Arbitrum (ARB), takes a novel approach to solving the network’s scalability problems. Optimistic Rollup, a method employed by Arbitrum, permits the grouping of several transactions into a single batch, decreasing the burden on the network and speeding up transaction times. What Is Arbitrum About? Arbitrum stands apart […]
Decentralized finance (DeFi) is now a buzzword in the blockchain community after the emergence of new protocols that allow users to borrow, lend, and trade cryptocurrencies in a decentralized manner. Among these DeFi applications, loaning projects have gained immense popularity and are widely used by crypto enthusiasts. Here are the best DeFi projects: Aave: A […]
The Decentralized Exchange (DEX) industry is a rapidly growing sector in the world of cryptocurrencies. Unlike centralized exchanges like Coinbase and Binance, DEXs enables users to buy and sell digital assets directly between themselves in a decentralized environment. The top five DEXs have a combined market capitalization of over $6 billion, making them a favored […]
Thanks to encryption and financial incentives, blockchain functions as a decentralized computer network where members are not required to know or trust one another for the system to perform as intended. The identical data is stored as a distributed ledger on each node of the network. Four characteristics that set blockchain apart from other technologies […]
