What is a Layer 2 Blockchain & Which is Best?
For a blockchain to be perfect, it must fulfill three fundamental properties: security, decentralization, and scalability. But with the way blockchains are designed, this is difficult to achieve — leading to a problem called the blockchain trilemma. If a blockchain focuses on security and decentralization, it has to compromise on scalability.
What is Account Abstraction? ERC-4337 Explained
Web3 wallets are a user's key to the blockchain — but the user experience for most wallets today isn't great, and it poses one of the greatest obstacles to mass adoption. For a new user to interact with the blockchain, they must: create a wallet, store their private keys, purchase & transfer
What is an RPC node?
One of the core components of all decentralized applications is that they execute various kinds of user transactions over a blockchain. To do this, dApps must always be able to communicate with the blockchain, verify the details of the transactions, and process them. But dApps aren’t meant to directly
What is the Ethereum Shanghai Upgrade? EIP-4895 Explained
Scalability has been Ethereum’s goal for a very long time now. From the launch of Ethereum’s Beacon Chain in 2020 to the successful implementation of The Merge in Q3 2022, it was all geared toward that one goal — scalability. While all of these Ethereum upgrades were extremely important
What is a Zero-Knowledge Proof? ZKPs Explained
Privacy is a lost concept on web2 platforms. There’s virtually no piece of a user’s information that’s not out there somewhere on the internet, without much of a safeguard. In that regard, blockchain-based decentralized applications (dApps) are often touted by web3 proponents as a means to offer
What is EIP-4844? Proto-Danksharding Explained
Ethereum has been struggling with the blockchain trilemma, trying to find the perfect balance between scalability, security, and decentralization. The developer community has developed several technological innovations like layer 2 blockchains to solve Ethereum’s scalability issues. However, gas costs on Ethereum still rise significantly during a spike in on-chain