Search Results for: Ethereum

Byzantium Fork

It was a hard fork that was geared towards making smart contracts of Ethereum suitable for the usage in the commercial space and to raise the speed of the transactions bearing an enhancement in the security on its blockchain. It was the fifth and the most significant upgrade to Ethereum’s …

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Blockchain Trilemma

It is addressed to the set of three issues that torments blockchain viz., decentralization, scalability and security that the developers face when building the blockchains. This forces them to sacrifice one aspect as a trade off to accommodate the remaining two. This concept had been coined by Vitalik Buterin, the …

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Block Explorer

It is an application that enables a user to view the details of blocks on a given blockchain. It is also known as the blockchain browser. The block explorers connect directly to a specific blockchain like Bitcoin or Ethereum. The block explorers are a key part of the cryptocurrency’s mission …

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Beacon Chain

It is a blockchain that coordinates the shard chains and manages staking and the validators’ registry in a PoS cryptocurrency like the Ethereum 2.0. The Beacon Chain went live on the 1st of December, 2020 at 12 noon UTC. Read More.

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