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,