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…OmniLite is a layered protocol built on Litecoin’s blockchain to add smart contracts, decentralised finance (DeFi), and non-fungible token (NFT) functionality. Check out Litecoin’s current value and recent price trends. Bitcoin Cash Overview Bitcoin transactions were becoming increasingly unreliable and expensive by 2016. SegWit was a popular solution but didn’t address the rising cost of transactions. Roger Ver and his allies proposed increasing the size of blocks on Bitcoin’s blockchai…
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…Ethereum vs Bitcoin Cash: Comparing Two Approaches for Bitcoin’s ChallengesLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoins9 May 2025|BEGINNERS|5 MIN READEthereum vs Bitcoin Cash: Comparing Two Approaches for Bitcoin’s ChallengesExplore how Ethereum and Bitcoin Cash address Bitcoin’s scalability issues respectively, plus how the two cryptocurrencies compare in utility.Key Takeaways Ethereum has redefined blockchain with smart contracts, decentralised applications…
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… Frequently asked questions about ChainlinkHow do you mine Chainlink?Chainlink is a decentralised oracle network that provides external data to smart contracts on the Ethereum blockchain. It is not a blockchain itself, and therefore cannot be mined in the traditional sense. Instead, Chainlink nodes earn rewards for providing external data and securely transmitting it to smart contracts on the Ethereum network. To become a Chainlink node operator, you will need to go through a vetting process…
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…The Lightning Network uses bi-directional payment channels to facilitate transfers, which means Bob can also send funds to Alice in the same channel if he wants to. All transactions between Alice and Bob are executed by smart contracts and made off-chain, with low fees, as long as each signs every transaction (otherwise, the transaction may fail to go through). It is designed so that each party holds a private key, and redistributing funds in the channel can be done only if both parties are conf…
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… Here we introduce the basics of decentralised finance (DeFi) and how users can unlock the full potential of their crypto. Key Takeaways: Short for decentralised finance, DeFi is an umbrella term for financial applications that do not have any central point of authority.Decentralised applications (dapps) are a type of application that typically runs on a decentralised network; they are usually open-source software powered by smart contracts.A decentralised exchange (DEX) is a peer-to-peer (P2P) …
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… Here we introduce the basics of decentralised finance (DeFi) and how users can unlock the full potential of their crypto. Key Takeaways: Short for decentralised finance, DeFi is an umbrella term for financial applications that do not have any central point of authority.Decentralised applications (dapps) are a type of application that typically runs on a decentralised network; they are usually open-source software powered by smart contracts.A decentralised exchange (DEX) is a peer-to-peer (P2P) …
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… Here we introduce the basics of decentralised finance (DeFi) and how users can unlock the full potential of their crypto. Key Takeaways: Short for decentralised finance, DeFi is an umbrella term for financial applications that do not have any central point of authority.Decentralised applications (dapps) are a type of application that typically runs on a decentralised network; they are usually open-source software powered by smart contracts.A decentralised exchange (DEX) is a peer-to-peer (P2P) …
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…Here’s a comparison of both chains. Key Takeaways: Ethereum Classic (ETC) is a blockchain-based, open-source, decentralised network used to build smart contracts and decentralised apps (dapps).Ethereum Classic was created after The DAO hack in 2016; it is the continuation of the original Ethereum platform built in 2015. The new hard-forked chain, named Ethereum (ETH), is maintained by the Ethereum Foundation.There are several key differences between Ethereum and Ethereum Classic, mainly regard…
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…In terms of smart contracts, databases and user accounts on Flow they can always be in communication with each other in a single atomic, consistent, isolated, and durable (ACID) transaction. Which guarantees a better user experience and complete composability, letting developers easily build on the work of others.As of today, you can engage with Flow via NBA Top Shot or by purchasing digital collectables from the VIV3 NFT marketplace and other functioning blockchain apps. Developers may start ex…
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…Created by Reddit user and Ethereum developer ‘Dexaran’, the main goal of the ERC-223 token standard is to expand on the ERC-20 protocol and offer a solution for an ERC-20 bug.Though functionally identical to ERC-20, the ERC-223 token standard has improvements that solve the latter token standard’s issues, as all transactions are powered by automated smart contracts. Although commonly used, the ERC-20 token standard has glaring issues that render it less than ideal at times; for example, w…
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