Chainlink is a decentralized oracle network that enables smart contracts on blockchain platforms to securely interact with real-world data, APIs, and traditional bank payments. Founded in 2017 by Sergey Nazarov and Steve Ellis, Chainlink aims to bridge the gap between blockchain technology and the outside world by providing reliable data inputs and outputs for complex
LayerZero is a protocol that allows for easy communication between different blockchains. It ensures that messages are delivered securely and reliably. The protocol is made up of smart contracts that are efficient and cannot be changed once deployed. It’s a smart contract protocol that allows anyone on a blockchain to send, verify, and execute messages
A zero-knowledge Ethereum Virtual Machine (zkEVM) is a virtual machine that processes smart contract transactions in a manner that works with zero-knowledge-proof computations and the current Ethereum setup. This allows them to join zero-knowledge rollups, which are layer-2 scaling solutions that boost transaction speed and reduce expenses. Layer 2 networks are considered EVM compatible if
Linea is a developer-friendly network similar to Ethereum, but with zkEVM technology and rollups. It also includes quantum-resistant cryptography and the Canonical Messaging Service. So, What Is Linea Mainnet? How Linea Works? Consensys revealed the Linea network’s mainnet alpha on July 11, 2023, following successful testing. Information from the Linea Goerli testnet shows that more
EVM stands for Ethereum Virtual Machine. The Ethereum Virtual Machine is like a software that runs on the Ethereum network’s hardware. It plays a crucial role in executing and managing smart contract code. The EVM is a decentralized virtual environment in Ethereum that runs code consistently and securely on all nodes. Nodes use the EVM
Blast is a new EVM-compatible optimistic rollup on Ethereum that provides native yield for ETH and stablecoins like USDC, USDT, and DAI. Currently, Blast has a total value locked (TVL) of more than $1 billion. The platform has attracted over $1 billion in stablecoins and ETH from depositors participating in its staking and yield program.
Base is an affordable and secure Ethereum L2 platform designed to onboard the next billion users onto the blockchain. It is developed within Coinbase and aims to gradually decentralize in the future. Our belief is that decentralization is crucial in establishing an inclusive and worldwide cryptoeconomy that is available to all. What is Base in
Ronin, created by Sky Mavis, is an EVM blockchain designed exclusively for gaming. It has successfully scaled Axie Infinity, a popular Web3 game, to handle millions of active users and process billions of dollars in NFT volumes. With its focus on fast transactions and minimal fees, Ronin is the top choice for Web3 games, allowing
POL (Polygon Ecosystem Token) aims to replace the existing MATIC token within a span of 4 years as part of Polygon 2.0. This upgrade will transform Polygon into a Polygon zkEVM validium, featuring its own network of interconnected blockchains for specific applications. With POL, validators will have the opportunity to restake their tokens and provide
Polygon (MATIC) is a system for making blockchain networks and scaling solutions that work with Ethereum. It’s not just one solution, but more like a set of rules. The Polygon SDK is a key part of this system, letting developers build these Ethereum-friendly networks. You might be familiar with the Polygon Network, which is a