Blockchain in Metaverse development
The Metaverse, a virtual reality space where users interact with each other and digital environments, has rapidly gained traction across industries, from gaming to real estate. One of the fundamental….
Tag: Binance Smart Chain
Scalability, security, and decentralization trade-offs (Blockchain trilemma)
The Blockchain Trilemma—a term popularized by Ethereum co-founder Vitalik Buterin—refers to the challenge of optimizing three core attributes of a blockchain network: Scalability, Security, and Decentralization. According to this concept,….
Gas fees and Smart Contract deployment
In the world of blockchain, gas fees are an integral part of deploying and executing smart contracts. Gas fees are the costs associated with processing transactions or executing operations on….
Smart Contract development platforms
Smart contracts are self-executing contracts with the terms of the agreement directly written into code. These contracts are deployed and executed on blockchain platforms, and various development platforms have emerged….
Binance Smart Chain (BSC) overview
Binance Smart Chain (BSC) is a blockchain network built by the Binance cryptocurrency exchange. It aims to provide a high-performance, low-cost platform for decentralized applications (dApps), decentralized finance (DeFi), and….