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….
Tag: Transaction Speed
Bitcoin vs Altcoins
Bitcoin and altcoins are the two main categories of cryptocurrencies. While Bitcoin is the original cryptocurrency, altcoins refer to all other cryptocurrencies that were created after Bitcoin. These digital assets….
Introduction to layer-2 solutions (Polygon, Optimism)
Layer-2 solutions are technologies that are built on top of existing blockchain networks (Layer-1) to improve their scalability, transaction speed, and overall efficiency. The concept of Layer-2 solutions emerged to….
Comparison of PoW vs PoS
Proof of Work (PoW) and Proof of Stake (PoS) are two of the most widely used consensus mechanisms in blockchain technology. Both play a vital role in ensuring the security….
Proof of Work (PoW) explained
Proof of Work (PoW) is one of the most widely used consensus mechanisms in blockchain networks, especially in cryptocurrencies like Bitcoin. It is a way for a decentralized network of….