Published inCoinmonks·PinnedHow Zero-Knowledge Proofs are Revolutionizing Blockchain TechnologyBlockchain technology has the potential to revolutionize industries beyond finance, and it is often associated with popular cryptocurrencies like Bitcoin. It operates as a decentralized and distributed ledger, enabling secure, transparent, and immutable record-keeping. However, traditional blockchains face significant challenges related to privacy and scalability. Privacy concerns arise due to…Zkrollup6 min readZkrollup6 min read
Published inBlockchain Biz·4 hours agoSecurely Storing and Transferring Carbon Credits in the Energy Industry Using Blockchain TechnologyCarbon credits have become an increasingly popular tool for companies and organizations to offset their carbon emissions and contribute to the fight against climate change. However, the traditional methods of storing and transferring carbon credits have faced significant challenges such as fraud, double-counting, and a lack of transparency. …Blockchain Technology5 min readBlockchain Technology5 min read
Published inNerd For Tech·May 24A brief idea of how MPC wallets workIf you operate in the institutional digital asset sector, particularly in crypto wallet development, you may have encountered the term MPC or multi-party computation. While MPC theory dates back to the early 1980s, it has only recently gained significance in the digital asset space. Today, MPC is one of the…Mpc Wallet6 min readMpc Wallet6 min read
Published inSecurity Token Offering·Apr 24Exploring the Potential of Soul Tokens: Should They Be Adopted in Mainstream Markets?The rise of blockchain technology and decentralized systems has given birth to a new type of digital asset, Soul Tokens. Soulbound Tokens (SBTs), a concept put forward by Ethereum creator Vitalik Buterin, are non-transferable and non-financial tokens aimed at a decentralized society. …Soul5 min readSoul5 min read
Published inNerd For Tech·Apr 14How to secure yourself from FTX and other scamsIn the era of digitalization and technology, the prevalence of scams and frauds has become increasingly common. Fraudulent activities such as FTX, where fraudsters use a combination of fake identities, deceptive emails, and other tactics, are on the rise. …Ftx6 min readFtx6 min read
Published inCoinmonks·Mar 17Undisputed Role of Oracles in Making Blockchains More AdoptableBlockchain oracles are a crucial component of any given blockchain technology development ecosystem, as blockchains by themselves cannot interact with the real world. The problem is, blockchains require real world data to function. Oracles provide external data to smart contracts, allowing them to execute and respond to changes in the…Oracle7 min readOracle7 min read
Published inCoinmonks·Feb 25Importance of NFTs in Mythical World of MetaverseNFTs, or Non-Fungible Tokens, in the context of metaverse, are used to represent a wide range of digital assets, allowing users to own, buy, sell, and trade unique digital items within virtual worlds. …Nft5 min readNft5 min read
Published inBlockchain Biz·Feb 19How dApps Gambling is changing the course of gaming on the blockchain?A lot has been said about Web3 being the new iteration of the internet. By extension, this also means web3 is providing a new iteration of present activities, ecosystems and transaction mechanisms. One of the early applications of blockchain technology was in the gambling industry, with the creation of decentralized…Dapps5 min readDapps5 min read
Published inBlockchain Biz·Feb 6A Comprehensive Guide to Account Abstraction and EIP 4337With the rise of cryptocurrencies, digital payments are becoming a norm. To make payments more secure and efficient, experts have started exploring the possibilities of account abstraction and the Ethereum Improvement Proposal (EIP) 4337. …Eip 43376 min readEip 43376 min read
Published inCoinmonks·Jan 29The Importance of Crypto Launchpads in Launching DeFi TokensA crypto launchpad is a platform developed by launchpad development services helping companies or individuals launch their own cryptocurrency or initial coin offering (ICO). Launchpads often provide a range of services, such as marketing support, technical assistance, and access to a network of investors. Some launchpads are affiliated with specific…Launchpad5 min readLaunchpad5 min read