Ethereum’s Next Step: Polygon zkEVM Public Testnet
The Ethereum community has been rewarded with many major developments in the network this year. The polygon team has announced
A blockchain is a decentralized, distributed and public digital ledger that is used to record transactions across many computers. Blockchain records are immutable so it cannot be altered retroactively without the alteration of all subsequent blocks and the consensus of the network.
Satoshi Nakamoto invented blockchain in 2008 to solve double-spending problem in bitcoin, making it the first digital currency without a trusted authority or central server.
The blockchain is tamperproof, as each block contains a unique identifier, timestamped transactions, and the previous block’s hash. This method links blocks together, preventing any alteration or insertion between existing blocks, making it a secure.
Smart contracts are agreements or rules governing business transactions stored on blockchains, executed automatically. Consensus is achieved through various mechanisms like proof of stake and PBFT, ensuring all parties agree to the network-verified transaction. To know about the latest news on Blockchain, read from CryptoTale.
The Ethereum community has been rewarded with many major developments in the network this year. The polygon team has announced
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According to Santiment, a market intelligence platform with on-chain and social metrics for 2,000+ cryptocurrencies, Uniswap, The Graph, and Hex
Crypto exchange Coinbase supports Ethereum‘s next upgrade, EIP-4844, which will reduce the cost of layer 2 rollups by 10-100x and
VISA, a San Francisco-based company claims that people will continue spending their digital crypto assets despite the bearish market. This
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