The BNB Chain is made up of two blockchains, the BNB Beacon Chain (BC) and the BNB Smart Chain (BSC). The Beacon Chain handles the governance and management of staking and voting on the BNB Chain. The Smart Chain, on the other hand, is EVM-compatible and has consensus layers, and enables connections to multiple other … Read more
Introduction Polygon is a layer 2 scaling solution that improves the scalability and usability of public blockchains by utilizing side chains for off-chain computation and a decentralized network of Proof-of-Stake validators. It aims to enhance the existing developer community and ecosystem without compromising decentralization, and provides faster and cheaper transactions with support for all current … Read more
Algo trading also called as automated trading, uses a computer program to follow set of instructions and place buy or sell orders. How Algo Trading works? Suppose a trader follow a strategy, which is ema crossover and based on crossover he/she decide to buy or sell stocks Example – If 9 ema crosses above 21 … Read more
The Ethereum Virtual Machine (EVM) is the runtime environment for smart contracts in ethereum blockchain. EVM is the part of ethereum blockchain that handles smart contract deployment and execution. The job of EVM is to update the ethereum state by computing valid state transition which is nothing but executing smart contract code. Ethereum has 2 … Read more
Accounts Each account represented by 20-bytes or 160 bits address. An ethereum account contains 4 fields, Nonce – A counter that indicates the number of transactions sent from the account. With every transaction it increases by 1. Ether Balance – The number of wei owned by this account. Wei is a denomination of ETH and … Read more
Blockchain, it is a growing list of immutable records / transactions called blocks that are linked using cryptographic hash of previous block. Please check blockchain overview blog for fundamental concepts, understand them and then continue reading this one. Block Each block stores below information: Index Index is the position of the block. Genesis block has … Read more
Let us first look at the evolution of blockchain. Blockchain 1.0 (Currency) Blockchain was mainly invented as alternative for fiat currency to avoid double spending and intermediate third party transaction fees. Example: Bitcoin Blockchain 2.0 (Smart Contracts) This version has extended the blockchain concept beyond bitcoin currency. Introduced new concept called smart contracts, it is … Read more
Ethereum is a transaction-based state machine in which transactions are serialized or signed messages and recorded on ethereum blockchain. Ethereum blockchain starts with a transaction and won’t start automatically. let us understand some basics first, There are two types of accounts in ethereum blockchain: Externally owned accounts (EOAs) EOA has private keys. It has an … Read more
What is ERC-20 token? ERC-20 tokens follow list of standards and used on ethereum blockchain. It is another crypto currency like ether and bitcoin. The difference between ERC-20 and other crypto currencies is, ERC-20 tokens are created and deployed on ethereum whereas other crypto currencies are native currencies of their respective blockchain. Why ERC-20 token … Read more
Ethereum is an open-source decentralized computing network that executes smart contracts. It is used to build decentralized applications with high availability, transparency, and neutrality. History 2013 – Vitalik Buterin described ethereum in a white paper with the goal of creating devolved applications. 2014 – Ethereum was announced at the North American Bitcoin Conference in Miami. … Read more