Though the concept of staking became a mainstream term in the blockchain space in 2022 following the Ethereum transition to the Proof-of-Stake consensus mechanism, staking has been a part of the blockchain validation process since its introduction in 2012 by Peercoin. However, while Ethereum moved fully to PoS, Peercoin maintained
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The need to enhance Ethereum scalability, reduce gas fees, and increase transaction speed led to the development of layer-2 blockchains. However, there is nothing like a single infrastructure for Layer-2; what we currently have is a series of technologies implemented to create alternative and faster blockchains for users. These include
The volatility of cryptocurrency usually makes everyone wonder how long the bubble is going to last. So, many have compared it with several failed investment schemes of the past, the Netherlands Tulip bubble of 1634-1637, the Dot-Com bubble of 2000-2002 and the US Housing bubble of 1997-2006, to name a
If you've been in the blockchain space long enough, you are likely familiar with the critical roles of validator in the Ethereum network. You are also probably aware that becoming a validator traditionally requires staking 32 ETH – a considerably high financial commitment that has historically prevented many would-be validators from
BRIEF Chainnodes is partnering with Obol to bring true decentralization to Ethereum staking, but what does this really mean in simple terms? On the surface, the concept of decentralization seems easily attainable with blockchain. Take the consensus mechanism, for example. Its impact is to ensure that a single entity does
Following a simple guide on how to create and launch a cryptocurrency or token, for instance, an ERC-20 token, can sometimes leave you with unresolvable errors. While some errors may completely prevent you from creating a token, like when you get the code wrong or didn’t use the right
Brief SimpleHash shutdown operation on March 27, 2025, leaving developers on a search for alternative data indexing tools. Chainnodes provides a reliable and scalable solution to this, allowing developers to rely on cost-efficient, industry-leading, and effective APIs for blockchain interaction and data indexing This guide provides a straightforward migration strategy
In our previous article, we created an ERC-20 token and even did as much as testing it on the Sepolia Testnet. This article will exhaustively discuss the steps of successfully selling your ERC-20 token. If you are reading article and do not have a token yet, check out our article
Building a successful cryptocurrency brand is every developer's goal. However, the walk towards this goal is not a simple one. Now that you have decided to launch a cryptocurrency project with an Ethereum-based native token, how can you create your ERC-2o token easily? Understanding ERC-20 tokens After the launch of
The NFT surge we witnessed in 2021 doesn’t end there. Just like the adoption of cryptocurrency, NFT also created a massive wave through the decentralized finance space. By introducing a way to own artwork and collectibles digitally, NFT gained the attention of both artwork lovers and serial investors, leading
In the technology world, blockchain has been a major driver of growth and innovation, but this doesn't leave it without vulnerabilities, one of which is security. Being a sophisticated technology, blockchain resolves some of the bottlenecks experienced in old tech. However, it also opens the space up to sophisticated attacks
In a data-driven world, it is only natural that data management becomes an integral part of it. From data storage to retrieval, the need for practical tools for data management cannot be overemphasized in today’s world. The development of technology has given rise to the introduction of centralized and
In the simple sense, blockchain is a distributed ledger used for data storage. From transaction details to smart contract interaction, an endless amount of raw and invaluable data is stored on the blockchain, but this data is not easily searchable or readily readable for end users, rendering the process of
Understanding that running a validator node is not essentially risk-free highlights the reason why available options must be carefully considered. For instance, validators are required to stake a certain amount of native tokens to run a validator node in an ecosystem. This particular system allows them to lock up tokens,
Despite the apparent benefits of running a self-hosted validator node, it also exposes you to certain security risks. Hence, while stakers can enjoy complete control over staking operations, they must also put in place significant security measures to eliminate or reduce system vulnerabilities and protect assets from slashing penalties, loss