Blockchain Structure 101

Introduction In today’s rapidly advancing digital era, technology has become an integral part of our daily lives, shaping our interactions, transactions, and even our understanding of the world. Among the many technological innovations that have emerged, one stands out not just for its novelty but for its potential to revolutionize numerous sectors: the blockchain technology.…

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Blockchain Layer One 101

Introduction The world of blockchain is a tapestry woven with intricate patterns and a variety of threads. As you stand at the precipice of this expansive landscape, it can seem both fascinating and overwhelming. But to embark on this journey of understanding, it’s crucial to start from the beginning. And in the realm of blockchain,…

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Blockchain Layers 101

Introduction Blockchain, an innovation that’s sweeping across industries, is often pictured as an impenetrable chain of blocks. But have you ever pondered about the intricate layers that constitute this revolutionary technology? If blockchain were a novel, then its layers would be its chapters, each essential in narrating the story. The concept of layers in blockchain…

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Ethereum Gas Fees 101

Introduction Welcome to the world of Ethereum, a leading decentralized platform that has transformed how we view and interact with blockchain technology. Since its inception, Ethereum has been a hub of innovation, driving new paradigms like Decentralized Finance (DeFi), Non-Fungible Tokens (NFTs), and most importantly, enabling Smart Contracts. In September 2022, Ethereum made a landmark…

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Altcoin 101

Introduction The world of cryptocurrencies has witnessed a significant expansion beyond Bitcoin, with the emergence of alternative coins, commonly referred to as altcoins. While Bitcoin remains the most well-known and dominant cryptocurrency, altcoins have gained substantial attention and popularity in recent years. Altcoins, as the name suggests, are alternative digital currencies to Bitcoin. They offer…

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Liquidity Pools 101

Introduction If you’re delving into the world of Decentralized Finance (DeFi), chances are you’ve come across the term ‘liquidity pool’. But what does it mean? How do liquidity pools function? What are the risks and rewards involved? In this article, I am going to demystify these questions and more. From explaining the fundamentals of liquidity…

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