Ethereum’s developers announce another delay of the “difficulty bomb,” a section of the consensus algorithm that eventually makes it impossible to mine Ethereum.
To mitigate congestion, developers created secondary blockchains that work in conjunction with the main blockchain. This technology is known as a Layer 2 protocol.
More than 1.3 million active wallets connected to a blockchain game as markets went red, showing a clear appetite for play-to-earn games and testament to the utility now offered to blockchain and Web3 users.
The world of DeFi is complex, but some users have learned tactics to make their cryptocurrency generate as much income as possible.
Blockchain oracles are entities that connect blockchains to external systems, thereby enabling smart contracts to execute based upon inputs and outputs from the real world.
It’s a groundbreaking new technology and we’re only starting to see the impact it will have. One thing is for sure: Ethereum will change the world!
Crypto wallets store your private keys, keeping your crypto safe and accessible. They also allow you to send, receive, and spend cryptocurrencies like Bitcoin and Ethereum.
They are digital programs that have an open-source code and host their distribution on P2P networks.