Blockchain-powered smart cities
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A smart city is an urban area that uses digital technology to enhance performance, well-being, and reduce costs & resource consumption across the city. A smart city is not just….
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A smart city is an urban area that uses digital technology to enhance performance, well-being, and reduce costs & resource consumption across the city. A smart city is not just….
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As blockchain technology evolves, the need for scalability and privacy has become more apparent. Traditional blockchains like Ethereum and Bitcoin are transparent, meaning anyone can verify transactions. However, this transparency….
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Blockchain technology, while praised for its decentralized nature, security, and transparency, also raises various ethical concerns that must be addressed to ensure that its widespread adoption benefits society as a….
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Layer-0 protocols are an emerging concept in the world of blockchain technology. While traditional blockchain models, such as Layer-1 (e.g., Bitcoin, Ethereum) and Layer-2 (e.g., Rollups, State Channels), focus on….
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In the world of blockchain technology, the terms on-chain and off-chain refer to where computations (i.e., operations and processes) take place in relation to the blockchain. Understanding the differences between….
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Rollups are a type of Layer 2 scaling solution for blockchains, primarily used to enhance the scalability of networks like Ethereum. They bundle or “roll up” a large number of….
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Smart contracts are the backbone of decentralized applications, automating logic and value exchange on blockchain platforms like Ethereum. However, since these contracts manage real assets and are immutable once deployed,….
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Miners and validators play a central role in the functioning and security of blockchain networks. While they perform similar tasks in maintaining the ledger and achieving consensus, the methods and….
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In blockchain networks, nodes play a critical role in maintaining the distributed ledger. A node refers to a device (such as a computer or server) that is part of the….
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The Genesis Block, also known as Block 0, is the first block in a blockchain and serves as the foundation upon which all subsequent blocks are built. This block is….