Proof-of-stake blockchains have changed the face of transaction validation and security. For instance, they provide an energy-efficient alternative to the traditional Proof-of-Work (PoW) model. Instead of relying on power-hungry mining rigs, PoS networks allow participants to validate transactions by staking their own tokens. There are two key benefits to this
Introduction Decentralization and web3 are gradually becoming buzzwords with no attached meanings despite their ability to completely change how we interact with several sectors, particularly finance and the internet. One of the reasons for this is the requirement for a simplified guide on what these innovative approaches can do by
Blockchain technology has come a long way. However, there are bottlenecks the industry is struggling to fix. One of them is cross-chain interoperability. Earlier, blockchains operated like isolated islands - each has its assets and smart contracts, thus, moving assets from Ethereum to Solana requires a long and expensive process
The blockchain space continues to witness growing attention, which implies both efficiency and in-flow of data. Building optimized dApps in this ecosystem requires that developers access structured and verifiable data that gives them required insights on system performance, trends and users interest. This is where data storage becomes a management
The blockchain and cryptocurrency euphoria of 2025 started with the launch of the $Trump coin, driving the urge for crypto trading and consequently increasing the transaction volume on several chains. Additionally, blockchain adoption in other sectors is expected to grow exponentially in 2025; hence, we are expected to witness the
At the most basic level, staking offers two benefits - you can contribute to the stability of a blockchain network while generating passive income. As an investor, you can participate in staking by joining a staking pool or staking on a blockchain network directly. While some investors prefer adding their
The surge for dedicated nodes has increased significantly in the blockchain space given the security and scalability they offer, but the truth is not everyone is quite familiar with them yet, and not everyone understands all the benefits they offer. If you are a cryptocurrency trader, chances are that you
Nodes are an essential part of blockchain and are responsible for blockchain interaction and functionality. Hence, investing in node management tools affords developers the chance to not only build sophisticated applications but also ensure that those applications run efficiently. For instance, tracking key metrics like CPU usage and consumption level
The move from the Proof-of-Work to Proof-of-Stake consensus mechanism by the Ethereum network creates an attractive earning economy for cryptocurrency investors. Today, over 60% of the blockchain deployed in the ecosystem uses the Proof-of-Stake (PoS)/Delegated Proof-of-Stake (DPoS) consensus mechanism to verify and validate cryptocurrency transactions. While this approach is
Blockchain is a distributed ledger system that currently powers 500+ cryptocurrency exchanges globally. However, while the increase in the number of available trading platforms gives users expanded access to trading, staking, airdrop farming and yield farming, the truth is many traders overlook the underlying technologies that contribute to trading efficiency.
Brief Understand how Chainnodes Dedicated Nodes prevent trade exploitation and protect cryptocurrency trading from constant MEV attacks like front running and prevents high slippage rate due to network congestion or delay. Learn about other features of Chainnodes' Dedicated Nodes here As of June 9, 2024, approximately 526,207 ETH has
Whether you are building decentralized applications or intend to join the Proof-of-Stake ecosystem as a validator, you need reliable blockchain nodes to interact with any blockchain network. While the function of nodes is crystal clear, what is usually challenging is determining the best option among the different types of nodes
Introduction The vision to create Ethereum was born out of the desire to create a simple blockchain, or, as Vitalik described it, "a blockchain with a built-in Turing-complete programming language, allowing users to build any kind of applications on top." However, from its inception, the Ethereum blockchain has witnessed incredible
Introduction Nodes are an essential part of blockchain technology because they help maintain the decentralized nature of facilitating transactions and keeping records on the distributed ledger. Blockchain nodes, as a complex infrastructure maintained by individual computers, can run into connection or technical errors, preventing them from running smoothly and leaving
Introduction Reference to decentralization or the lack of a central authority in blockchain raises questions on the process of decision-making. Furthermore, with blockchain, being a technology used to facilitate cross-border transactions and interactions, it easy to question the mechanism put in place to manage the affairs of connected yet separated
Cryptocurrency remains one of the most volatile financial assets. While this makes crypto a high-risk investment given the potential for loss, the truth is volatility operates as a dual pathway, presenting investors with considerable opportunities for gain. For instance, the cryptocurrency future and spot trading represent different levels of volatility.
Introduction Over the years, blockchain technology has witnessed notable developments, particularly regarding its infrastructure. Hence, it goes without saying that we would not have the type of blockchain that is widely adopted if not for the innovations and trends that help retain its usability. However, beneath the surface level, blockchains
When the question of blockchain sustainabiity surfaces, it becomes clear that despite the attractive features like minimization of trust and data security, blockchain must eliminate its leading drawback- scalability. Resolving this has been a focal point of research in the space. Starting from the introduction of the Bitcoin Lightning Network
It is no longer news that the crypto space has witnessed several regulatory policies, including taxation. The United States Internal Revenue Service has described cryptocurrency as a convertible virtual currency. Furthermore, cryptocurrency is treated as a property, and as such, it accrues capital gain tax. With the latest d evelopments
Introduction Developing decentralized applications requires a lot of planning, from selecting the suitable blockchain for your project to integrating necessary infrastructures like RPCs and APIs to facilitate swift interaction between your application and other blockchain functionalities. Developers must identify the right tools to enhance system efficiency and provide users with
Introduction Decentralized applications leveraged blockchain technology to change the way users interact with app functionalities. Using the decentralized nature of blockchain, dApps introduce users to a peer-to-peer network, eliminating the need for intermediaries and reducing the time required to transact. Also, the security and integrity of decentralized applications are preserved
Introduction Back in 2022, Chainanalysis reported that over $2 billion had been exploited by attackers on over thirteen DeFi protocols; these include over $570 Million stolen on Binance, $600 from a bridge protocol behind the popular gamefi project, Axie Infinity, and over $35 million from the Wormhole network. The repetition
Introducing blockchain to elevate our financial systems drives passion and high expectations. Over time, this system has proven efficient by removing reliance on intermediaries in several industries, improving transparency, and eliminating coerced trust. Hence, blockchain is not simply a tech tool for decentralized finance; it has witnessed adoption in notable
Introduction The growth of decentralized finance and the use of blockchain in other spaces amplify the demand for an efficient and scalable blockchain. While Layer 1 blockchains offer users a secure and decentralized way of performing transactions, storing data (using decentralized data management tools like The Graph), and exploring the
A Altcoin: Used to describe cryptocurrency other than Bitcoin. These include digital assets like Ethereum, Solana, Pol (ex-Matic), and ARB. Airdrop: One of the most popular terms in the cryptocurrency space. Cryptocurrency projects use it to gain visibility for new tokens by giving out the tokens to eligible participants. Usually,
Introduction The advent of web3 is not an attempt to create another internet; instead, it is one dedicated to enhancing the internet's efficiency through innovative development. At the forefront of this movement is The Graph, a web3 infrastructure designed to empower decentralized application developers with data management and data retrieval.
Introduction When regular traders initiate transactions on the blockchain, they hardly wonder what happens afterward. Transactions on blockchains are facilitated in seconds, which makes asking such questions unnecessary; however, this makes transactions susceptible to unfair trading practices like Maximal Extractable Value (MEV), also known as an invisible tax. Even advanced
TL;DR This article compares the two types of Rollups - Optimistic and zk Rollups. While Optimistic Rollups ensure the scalability of blockchains by rolling up transactions, allowing swift submission, and validating before finalizing the transactions, zk Rollup comfirms the validity of every rollup transaction at the point of submission,
Introduction In the ever-evolving world of cryptocurrency and blockchain, notable innovations often focused on improving blockchain security and enhancing earning opportunities for investors. Restaking is an approach that fulfills the investors' need for high returns while improving the utility of cryptocurrency assets. While many are still skeptical about giving this
Introduction It is no news that cryptocurrency offers an extensive earning mechanism that allows market participants to earn rewards on their crypto assets. While users can earn rewards by actively participating in cryptocurrency trading, airdrops and other investment options, the crypto space also boasts an attractive passive earning approachs like
Introduction While the invention of blockchains like Ethereum and Bitcoin introduced the idea of decentralization, what truly maintains it is the presence of infrastructure that goes beyond the traditional need for decentralized finance to capture the ultimate need for latency, fast throughput, and accessibility. As a web3 developer, your ability
TL;DR If the efficiency of Layer-2 chains bothers you as a web3 dApp developer, then it is time to opt for zkLink Nova, the first of its kind layer-3 aggregated zk-rollup blockchain, on Chainnodes. zkLink Nova gives developers access to an EVM-compatible blockchain with extensive interoperability for multi-chain transactions.
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Alchemy recently made an announcement about their new "Scale Tier" (see screenshot below). We will get into details on how the Scale plan compares to Alchemy's other plans and if they really made a big leap from being the most expensive to being the cheapest RPC provider. As you can
It can be hard to choose the right node and infrastructure provider for building and running in the Web3 space. To make things easier, we compare four popular providers and their pricing models for different use cases. The providers we compare are Infura, Alchemy, Quicknode and Chainnodes. We use the
Chainnodes, a top web3 infrastructure and node provider, now accepts Crypto subscription payments using decentralized payments secured by smart contracts. Chainnodes lets businesses and developers fuel their dApps, games, and other web3 products with reliable RPCs. Chainnodes constantly aims to stay at the cutting edge of the cryptocurrency world. That's
For those new to the world of blockchain, the concept of a node may be confusing. A blockchain node is a computer that helps to maintain a blockchain network by validating and relaying transactions. Nodes are essential to a blockchain network as they help keep it secure and decentralized. But