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ERC-20 A succinct definition of ERC-20 ERC-20Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYERC-20Copy linkShare on TwitterShare on FacebookShare on LinkedinERC-20The ERC-20 token standard is a set of rules and guidelines that defines how a token should function on the Ethereum blockchain. Introduced in 2015 by Fabian Vogelsteller, ERC-20 has become the most widely adopted token standard in the Ethereum ecosystem.ERC-20 tokens are fungible, meaning that each one is interchangea…
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The DAO Hack A succinct definition of The DAO Hack The DAO HackLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYTHE DAO HACKCopy linkShare on TwitterShare on FacebookShare on LinkedinThe DAO HackIn early 2016, while looking for a method to raise funds for a project, Christoph Jentzsch referenced the concept of crowdfunding and applied it to the blockchain. Hence, the idea of a decentralised autonomous organisation (DAO) was born.The DAO, the first decentralised autonomous organis…
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What Is Arbitrum (ARB)? ARB is the Arbitrum blockchain’s native governance token. Learn about its features and tokenomics in this article. What Is Arbitrum (ARB)?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoins14 Aug 2023|BEGINNERS|4 MIN READWhat Is Arbitrum (ARB)?ARB is the Arbitrum blockchain’s native governance token. Learn about its features and tokenomics in this article. Key Takeaways: ARB is the native ERC-20 governance token for the Arbitrum blockchain, whi…
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…By contrast, Ethereum has a monolithic architecture in which all functions are handled by a single layer.2. Development approach: Cardano and Ethereum have different approaches to development and governance. Cardano is developed by Input Output Hong Kong (IOHK), a blockchain research and development company, and is governed by the Cardano Foundation, a Swiss non-profit organisation. Ethereum is developed by the Ethereum Foundation, a Switzerland-based non-profit organisation, and is supported by…
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…By contrast, Ethereum has a monolithic architecture in which all functions are handled by a single layer.2. Development approach: Cardano and Ethereum have different approaches to development and governance. Cardano is developed by Input Output Hong Kong (IOHK), a blockchain research and development company, and is governed by the Cardano Foundation, a Swiss non-profit organisation. Ethereum is developed by the Ethereum Foundation, a Switzerland-based non-profit organisation, and is supported by…
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ETH A succinct definition of ETH ETHLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYETHCopy linkShare on TwitterShare on FacebookShare on LinkedinETHIn the cryptocurrency space, ETH is the ticker symbol for Ether, which is the native cryptocurrency of the Ethereum platform. Ethereum is the blockchain network, and Ether (ETH) is the digital currency used in the network. It serves various purposes like facilitating transactions within the Ethereum ecosystem and as compensation to…
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Bitcoin NFTs — How the Ordinals Protocol Works Learn all about what the Bitcoin Ordinals protocol is and how it works — from satoshis to inscriptions to NFTs. Bitcoin NFTs — How the Ordinals Protocol WorksLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBitcoin28 Feb 2025|INTERMEDIATE|6 MIN READBitcoin NFTs — How the Ordinals Protocol WorksLearn all about what the Bitcoin Ordinals protocol is and how it works — from satoshis to inscriptions to NFTs. Introduction The B…
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…Here’s how they work in detail. Key Takeaways: Layer-1 refers to a main blockchain, while Layer-2 refers to the network that sits on top of a main blockchain. Layer-2 solutions intend to solve the issue of scalability by processing transactions off the mainnet. The advantages of a Layer-2 solution include increased transactions per second (tps), reduced gas fees, maintained security, and application-specific networks. What Are Layer-2 Scaling Solutions? From using it as a transacting currency …
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Sorare: Own Your Game Collect, play and win officially licensed digital cards featuring the world's best global football, MLB and NBA players. Sorare: Own Your Game FootballNBAMLBSign upSign inWalletWithdrawals & depositsI've sent my ETH to my Sorare Wallet but through the wrong network, what can I do?If you have mistakenly sent ETH to a Layer 2 (L2) network instead of Ethereum L1 (mainnet) on Sorare, don’t worry—your funds may be recovered. While Sorare is no…
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Pectra A succinct definition of Pectra PectraLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYPECTRACopy linkShare on TwitterShare on FacebookShare on LinkedinPectraThe Ethereum Prague/Electra upgrade, ‘Pectra’ for short, will introduce significant scalability improvements to Ethereum, merging two previously planned upgrades — Prague and Electra — and introducing a range of Ethereum Improvement Proposals (EIPs) aimed at improving the network’s efficiency, security, and …
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