It can refer to the DAO framework, description of the DAO that uses the framework, or even the name of the Ethereum giant offering DAO that had originally created the framework. The architecture of Moloch DAO is relatively simple and consists of a single smart contract per DAO. It focuses …

A Network-Enhanced Virtual Machine (NEVM) is capable of combining the best attributes of the Bitcoin (BTC) and the Ethereum (ETH) networks. It was developed by Syscoin (SYS) in conjunction with Blockchain Foundry. The NEVM effectively brings the smart contract functionality onto the Bitcoin network.

The literal meaning of Nonce is “for one occasion” and is a method to sequence and segregate transactions on the Ethereum (ETH) blockchain and the other smart contract platforms. Usually, it is used in cryptography as a non-repeated number for securing the communication. Read More.

Peer-to-Peer (P2P) Lending in cryptocurrency, also known as  P2P lending, crowdlending, or social lending refers to the practice of lending assets that is devoid of the involvement of a middleman where the borrowers directly connects with the lenders. Such loans depend on the collateral material that is originally owned by …

The Proof of Attendance Protocol (POAP) refers to the business offering to make use of the ERC-721 NFT protocol on Ethereum. for ascribing the individuals a unique, non-fungible blockchain based identifier that the only person is able to access. It addresses the issue of identifying people rather than the transactions …

It is an off-chain scaling solution that is focussed to enable the low-fee, near-instant and scalable payments similar to the Ethereum Blockchain. This network is similar to the proposed Lightning Network of Bitcoin. The network interacts with the tokens that are built using the ERC-20 standards of Ethereum. This network …

They are the network participants in the Loopring protocol who manage the order rings and also ensure trades are completed for all the parties involved in the transaction. Loopring is an Ethereum-based exchange as well as the payment protocol that implements a novel consensus mechanism. For avoiding the AMM mechanisms …

It is a type of scam where the developers quit a project and take the money of their investors. It is a malicious maneuver in the crypto industry. It usually occurs in the decentralized finance (DeFi) ecosystem, especially on the DEXs where the threat actors create a token and list …

It is the high-level object-oriented programming language that is used by Ethereum for developing smart contracts. Solidity proves to be a great tool to write the smart contracts that are self-executing code enabling the complex automatic functions.

A spoon is a kind of blockchain fork where the new cryptocurrency inherits the account balances of any existing cryptocurrency. It permits a new project to add its own features to the existing software while allowing the users of the existing protocol to participate in it. The projects spoon in …