Crypto airdrops explained
What Is a Crypto Airdrop? A crypto airdrop is a method by which blockchain projects distribute free tokens or coins to wallet addresses, usually to promote awareness, reward loyal users,….
Author: Rishan Solutions
Wrapped tokens (e.g., WBTC)
What Are Wrapped Tokens? Wrapped tokens are tokenized versions of cryptocurrencies that exist on one blockchain but are represented and used on another. For example, Wrapped Bitcoin (WBTC) is an….
Staking rewards and validator incentives
In the world of blockchain, staking and validator incentives are central to maintaining the integrity and security of Proof of Stake (PoS) and its variants. Unlike Proof of Work (PoW),….
Yield farming in DeFi
Yield farming has emerged as one of the most innovative and lucrative features in the decentralized finance (DeFi) ecosystem. It enables crypto holders to earn rewards or interest on their….
Liquidity pools and Automated Market Makers (AMM)
Decentralized finance (DeFi) has revolutionized the traditional financial system by removing intermediaries. At the core of this innovation are liquidity pools and Automated Market Makers (AMMs), two foundational components that….
Crypto mining economics
Cryptocurrency mining is a process of validating transactions and adding them to a blockchain ledger. While it serves a crucial technical function in decentralized networks, mining is also a profit-driven….
Forking Bitcoin or Ethereum to create a new coin
Forking a blockchain like Bitcoin or Ethereum means creating a new cryptocurrency by modifying the existing codebase and launching it with your own rules, parameters, and features. This is how….
Multi-signature Smart Contracts
Multi-signature smart contracts—commonly referred to as multisig contracts—are smart contracts that require multiple private keys (signatures) to approve and execute a transaction or action. This design adds a layer of….
Smart Contract events and logs
Smart contracts on Ethereum and other EVM-compatible blockchains provide a powerful feature for off-chain communication through events. Events are a critical part of the logging mechanism in Ethereum, allowing contracts….
Gas optimization techniques
Gas optimization is a crucial aspect of Ethereum and other blockchain-based smart contract development. Every operation on the blockchain costs gas, which users pay for using cryptocurrency (usually ETH). Minimizing….