Search Results for: blockchain technology

5 Best Smart Contract Auditing Companies For This Year

smart-contract-auditing-companies

Using a smart contract on the blockchain without auditing can imply suicide for most projects. Presently, hackers are constantly searching for potential vulnerabilities and code errors. Along with that, most users have the required experience to know that they cannot trust unaudited crypto protocols and DeFi. So in this article, …

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Relay Nodes

This helps in the block-producing nodes communication by guaranteeing that the authenticity of the core nodes as well as the blockchain is preserved, even though one or more relays are hacked. This results in the reducing number of the hops and the time required to send a message across the …

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Player Payout

It is an all new way of automatically paying the online game participants soon after the tournament ends. The underlying blockchain network as well as the smart contract technology ensures that all the payments are processed instantly and for a nominal fee with the various cryptocurrencies such as MATIC, ETH, …

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Parachain

These are the application-specific data structures that run in parallel to each other within Polkadot (DOT). The best part is that there is absolutely no requirement for them to take the form of blockchains. They are usually connected to Polkadot in a “hub and spoke” style architecture that permits the …

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Mainnet

It is an independent blockchain that is running its own network with the help of its own technology and protocol. It is a live blockchain where all of its cryptocurrencies or tokens are in use as compared to the testnet or projects that are running on top of the other …

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