NFT MarketPlace Archive

 The evolution of smart contract: What will look like in 2024

Smart contracts, a groundbreaking application of blockchain technology, have been evolving rapidly since their inception, Nearly there are more than 44 million smart contracts deployed on Ethereum Smart contracts have come a long way and are poised to undergo significant changes by 2024. We will explore the evolution of smart contracts and speculate on what

Navigating the world of NFTs – NFT chronicles.

Non-fungible tokens, or NFTs are making headlines in the world of digital art and collectibles. These unique digital assets have taken the art world by storm, offering a new way for artists to monetize their work and for collectors to own one-of-a-kind pieces. Navigating the world of NFTs can be overwhelming, but with the right

What is proof of stake? – proof of stake vs proof of work

We all know blockchain has its standards in each industry. It has two prominent consensus mechanisms Proof of Work (PoW) and Proof of Stake (PoS). We shall delve into the intricacies of Proof of Stake and compare it with Proof of Work, using real-time examples to illustrate their differences and advantages. Understanding Proof of Stake

Ethereum 2.0 – Transition to Proof of Stack (PoS)

Ethereum, the second-largest cryptocurrency by market capitalization also ethereum is being used in varied applications like NFT marketplace script – minttrade where about 1.3% of the world’s population owns bitcoin, illustrates this in the process of transitioning from its current proof of work (PoW) consensus mechanism to a proof of stake (PoS) mechanism. This transition,

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