Everything You Need To Know About NEAR Protocol and Smart Contracts
The NEAR Protocol was unveiled when its Mainnet was launched in April 2020 as a decentralized application platform to advance the open web and enable its development. According to the founders of the project, they envisioned the web in its future state, and designed the protocol as a solution to
Everything You Need To Know About Ethereum’s Ecosystem and Smart Contracts
Ethereum gained the much-needed peculiarity when it launched its smart contract in July 2015, giving it a point of departure from Bitcoin. With the progress made since Ethereum 1.0 upgrade to date, it is understandable to describe Ethereum’s ecosystem as one that is consolidating. Ethereum smart contracts run on the
Everything you need to know about Algorand’s TEAL ecosystem and smart contracts
Algorand, a leading blockchain technology company has recently released the latest version of Layer -1 Smart Contracts (ASC1), named Transaction Execution Approval Language (TEAL). Developers can now take advantage of the network in a cost-effective manner without compromising speed and simplicity. The Smart Contracts are executed on a tamper-proof (trustless)
What is Web 3.0 and what Impact will it have in the Cryptocurrency Ecosystem
The dynamic nature of our world is playing out in the innovations that we have seen and experienced since the early 90s. The launch of commercial Internet, the heralding of websites, and the seeming inescapability of mobile apps and lately, decentralized apps. The present transitioning to web 3.0 is a
Impact of Regulations on Crypto Industry: A two-sided story.
On April 14, 2021, Gary Gensler was appointed as chairman of the Securities and Exchange Commission. Soon after the news, the smoke of anxiety spread among mass crypto investors that stringent regulations would hurt trading volumes & stifle innovation. Moreover, industry influencers would move to countries where there is no
Everything you need to know about Solana’s RUST ecosystem and Smart Contracts
Solana’s RUST ecosystem and smart contracts go hand in hand. Rust is a programming language which is used to design and deploy dApps in the Solana ecosystem. Polkadot and Substrate (by Parity Technologies) have also used Rust for building their ecosystems. By using Rust, developers can create decentralized Web3 applications