Farcaster is a decentralized social network that aims to reshape the way we interact and share information online. By leveraging blockchain technology and prioritizing user autonomy, privacy, and interoperability, Farcaster represents a new era of social media. In this context, understanding Farcaster Frames becomes crucial, as they play a significant

EIP-3074 is a proposal that aims to introduce sponsored transactions on the Ethereum network. The goal of this proposal is to enhance the user experience by simplifying transaction processes and reducing costs through third-party transaction sponsorship. By allowing a third party to pay for gas fees, EIP-3074 seeks to make

Ethereum has been struggling with high transaction fees and low throughput for years. The pivot to a rollup-centric Ethereum roadmap hopes to solve these scaling issues. While it has given birth to new applications, the unpredictability of gas pricing remains the same.  In fact, 95% of rollup costs are tied

The path to onboarding millions of users to web3 hinges on addressing blockchain scalability issues. There are a range of proposals and attempts to solve the problem, such as introducing protodanksharding and modular networks, but currently, Ethereum ecosystem scaling solutions are mainly centered around blockchain rollups. However, the high data

Application-specific blockchains or appchains are a product of the modularity thesis that breaks down the tech stack into composable units and makes web3 development more flexible. Developers can pick and build a tech stack of their choice, bespoke to their needs and scale.  Most appchains rely on rollups that provide

Ethereum houses thousands of decentralized applications (dApps), millions of users, and their money. Yet, the blockchain's monolithic architecture has scalability limitations, which often render the network useless, thanks to frequent congestion, leading to high fees. Currently, the majority of core tasks — transaction processing, consensus, and data availability, happen

Ethereum’s path to scalability is currently centered around rollups. Rollups reduce gas fees and improve throughput by executing transactions outside Ethereum while inheriting its security. This design space allows developers to create scalable applications with low-entry barriers.  While rollups handle scaling, there is also the need to customize. General-purpose

Ethereum, for long, has been stumbling upon one fundamental roadblock: the blockchain trilemma. The tradeoff between security, decentralization, and scalability forces developers to consider two at the cost of the third. But, when it comes to resolving scalability issues, an often overlooked issue is data availability. Data availability in the

NFTs are a key component of web3 and onchain applications. They are transforming the digital assets space with verifiable permanence, true ownership, and dynamism in their use cases. Businesses have been experimenting with NFTs (non-fungible tokens) by integrating them with loyalty programs, offering them as digital twins for physical items,

Understanding and selecting the right blockchain is one of the most important decisions for a web3 app developer to make when building their app. With so many options to choose from (both at the Layer 1 and 2 levels), choosing the chain to build an app on is a daunting

Ethereum's scalability has been a major limitation for the blockchain, its developers, and users alike. And the race to solve Ethereum’s scalability has gone from sidechains and state channels to rollups and sharding.  Today, rollups are the frontrunners in this race, effectively addressing scalability on the execution

Ethereum's scalability has been a long-standing issue, causing network congestion and high gas fees for users. This has prompted researchers and developers to actively work on scaling solutions like Layer 2 blockchains and roll-ups to address scalability issues.  Notably, Ethereum's co-founder Vitalik has recently emphasized one

Ethereum continues to be the home for the majority of on-chain activity despite the network facing ongoing challenges with scalability and efficiency.  At the forefront of solving this are rollups, as a Layer 2 solution, offering a way to handle transactions off the main Ethereum chain. However, the status quo

Today, developers face many challenges while building in web3. Most of these challenges stem from either the nascency of the technology or its rapidly evolving nature.  Also, web3 development requires developers to use several tools, from blockchain networks to smart contracts, oracles, etc. Most of these tools are not natively

Blockchains grapple with scalability issues, which lead to slow transaction processing times and high costs. To address this long-standing issue, zero-knowledge (ZK) rollups have emerged as a promising solution.  ZK rollups are Layer-2 solutions that bundle multiple transactions off-chain and submit a concise proof of their validity to the main

Zero-knowledge (ZK) is an area of growing interest in the blockchain space. Especially, the Ethereum community is striving to employ ZK in the pursuit of solving two key issues of the Ethereum blockchain — privacy and scalability. The core of ZK's promise lies in its zero-knowledge proofs (ZKPs). These

Ethereum processes over a million transactions every day, serving as the backbone for hundreds of onchain protocols, blockchain games, and dapps (decentralized applications). This heavy traffic is verified and processed by a global network of nodes and more than 800k active validators all spread across the globe.  While this node

The NFT market (non-fungible tokens) is evolving into the next phase. PFP and art collectibles — the previous drivers of growth are being overtaken by new initiatives. Phygital collectibles like toys that are linked to NFTs and utility NFTs are grabbing the headlines today. However, there’s another exciting development in

On Jan 1st, 2024, the Goerli testnet will be officially moved to EOL (End of Life) status. This means that the Ethereum Foundation will not actively maintain it any longer. This includes Ethereum Goerli as well as the Goerli testnets for L2s (eg: Arbitrum Goerli, Optimism Goerli, Base Goerli etc.

For web3 mass adoption, bridging crypto with traditional finance seamlessly is crucial. Despite this, over 50% of fiat-to-crypto transactions fail post-KYC completion, as reported by Cointelegraph Research. Even more striking, the abandonment rate during the purchase process can soar to 90%.  The current state of fiat-crypto integration is plagued by

Blockchain technology is revolutionizing the global digital economy, and it is now being practically applied across industries — including finance, gaming, social media, and more. As we move towards a more decentralized digital world built on the blockchain, it opens up new career and job opportunities. In the Ultimate Roadmap to

In the blog, we will explain how onchain data works, which onchain metrics are most important, and how to track & view onchain analytics for any app or smart contract. What is onchain data? Onchain data refers to all the information recorded and stored directly on the blockchain. It includes