Off-chain vs On-chain computation
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….
Tag: Layer 2 Solutions
Rollups: Optimistic Rollups vs ZK-Rollups
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….
Plasma chains in Ethereum
Plasma is a scaling solution for the Ethereum blockchain proposed by Vitalik Buterin and Joseph Poon in 2017. Plasma aims to enhance Ethereum’s scalability by creating a framework for child….
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….
Ethereum Blockchain overview
Ethereum is a decentralized, open-source blockchain platform that extends the core ideas of Bitcoin but with significant enhancements, primarily by introducing smart contracts—programmable logic that runs on the blockchain. Launched….