Welcome to the intriguing world of Decentralized Autonomous Organizations (DAOs)! If you’ve heard the term but find yourself scratching your head over what it means or why it’s significant, you’re in the right place. In this article, we’re going to peel back the layers of DAOs, specifically focusing on one of their most vital aspects—governance.…
Welcome to the revolutionary world of Web3! If you’re reading this, chances are you’ve heard terms like “blockchain,” “digital identity,” and “Web3” thrown around but aren’t exactly sure what they mean or why they’re important. Don’t fret; you’re not alone. These terms might sound like jargon from a sci-fi movie, but they’re reshaping the way…
With the technological world advancing at a breathtaking pace, the world of cryptocurrencies is no exception. Ethereum, a leading name in the crypto landscape, made waves with its innovative upgrade to Ethereum 2.0 in September 2022, marking a complete transition to the Proof-of-Stake (PoS) consensus mechanism. Just as a caterpillar metamorphoses into a butterfly, this…
Welcome to the world of Ethereum and its innovative token standards! If you are here, you are likely interested in exploring the versatility of Ethereum’s blockchain technology. In this guide, we will deep dive into a unique Ethereum standard, known as the ERC-1822. Ethereum, an open-source, blockchain-based platform, is renowned for its smart contract functionality,…
In the dynamic sphere of blockchain technology and cryptocurrencies, Ethereum holds a unique place with its capability to create smart contracts and issue new tokens with varying functionalities. Among its multitude of token standards, the ERC-621 is a less-known yet remarkably useful variant. The Ethereum Request for Comment 621, or ERC-621, extends the functionality of…
Decentralized Finance (DeFi) has transformed the financial landscape in recent years. It’s all about challenging the status quo, providing alternatives to traditional finance, and offering financial freedom. However, DeFi faces its fair share of hurdles. In this comprehensive guide, we’ll dig into the biggest problems challenging DeFi, and how to solve them. From security concerns…
Decentralized autonomous organizations (DAOs) have emerged as a revolutionary concept in the blockchain space, enabling communities to self-govern and make decisions collectively. This comprehensive guide will provide you with an in-depth understanding of how to create a DAO from scratch, covering all the essential steps and aspects of the process. Establishing a Purpose and Objectives…
Crypto whales are some of the most influential entities in the crypto space. In fact, they are so important that individuals and tools track their activities to predict price movements. Bearing this in mind, let’s look at what crypto whales are and why they are critical components of the cryptoverse. Defining Crypto Whales Simply put,…
Decentralized Autonomous Organizations (DAOs) have been gaining a lot of traction lately, especially in the cryptocurrency and blockchain industries. DAOs are essentially organizations that operate on a blockchain network, enabling decision-making and management to be carried out through a decentralized and autonomous process. DAOs have been used to fund projects, manage assets, and conduct voting…
