The Ethereum Virtual Machine (EVM) is the foundation of the Binance Smart Chain (BSC). This blockchain network is completely compatible with Ethereum’s environment. The...
Overview: Proof-of-Stake (PoS) is widely considered the future of cryptocurrencies, as Proof-of-Stake has been overtaking Proof-of-Work as a preferred consensus mechanism. PoS is generally...
A smart contract is an operational foundation that has led the blockchains to turn into the disruptive phenomenon that they are at present. Blockchains...
A blockchain oracle is a third-party platform that bridges smart contracts with the outside world and vice versa. Most of these platforms use network oracles who search, query, verify and retrieve real-world data to smart contracts running decentralized applications (DApps); some other use APIs (Application Programming Interface). Generally, oracles are incentivized using the platform’s native […]
The Proof-of-Stake (PoS) consensus mechanism has emerged as the most viable solution to Bitcoin and Ethereum’s energy problem. The world’s two most popular blockchains have long been criticized for their enormous power consumption, with one recent study from U.K. financial site MoneySuperMarket estimating that each Bitcoin transaction costs in excess of $100 in terms of [...]