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…However, there are also other Layer-2 technologies like sidechains, plasma chains, and validiums.In general, optimistic rollups and ZK rollups are considered highly secure, as they inherit the Ethereum mainnet’s security.The Ethereum Virtual Machine (EVM) compatibility of optimistic rollups makes it convenient for developers to migrate existing smart contracts from Ethereum to optimistic rollup blockchains. Zero-knowledge Ethereum Virtual Machines (zkEVMs) can offer the scalability benefits of…
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…Who Is Ethereum Founder Vitalik Buterin? Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYEthereum20 Sep 2024|BEGINNERS|8 MIN READWho Is Ethereum Founder Vitalik Buterin? An overview of Ethereum founder Vitalik Buterin’s life and achievements, both in the cryptocurrency space and beyond. Key Takeaways: Vitalik Buterin is the co-founder of Ethereum, a revolutionary blockchain platform that introduced smart contracts and has been instrumental in the rise of decentralised fina…
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…ETH is +0.00% in the last 24 hours.ETH has a circulating supply of 120.72 M ETH.What is Ethereum? Ethereum is an open-source software platform that uses Ether (ETH) as the native digital currency and enables the creation of smart contracts and decentralised applications (DApps) without downtime, fraud, control, or interference from a third party. As a programming language that’s Turing-complete and built on blockchain technology, Ethereum has helped developers build and publish decentralised…
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…Uniswap v1 is an on-chain system of smart contracts on the Ethereum blockchain. It implements an automated liquidity protocol based on a ‘constant product formula’ traders pay a 30-basis-point fee on trades, which goes to liquidity providers. Uniswap v2 is a new implementation based on the same formula, with several new highly desirable features. UNI is now available on DeFi Swap. Users can swap UNI, be UNI Liquidity Providers to earn fees and boost their yield by up to 20x when staking CRO.…
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…ETC is +0.00% in the last 24 hours.ETC has a circulating supply of 152.4 M ETC and a max supply of 210.7 M ETC.What is Ethereum Classic Ethereum Classic (ETC) is a decentralised platform that runs smart contracts or applications that aim to run exactly as programmed without worrying about third-party interference, downtime, censorship, or fraud. Ethereum Classic represents the continuation of the original Ethereum blockchain post exploit, which resulted in millions of stolen Ether. A Brief His…
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…Calldata A succinct definition of Calldata CalldataLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYCALLDATACopy linkShare on TwitterShare on FacebookShare on LinkedinCalldataCalldata refers to a temporary data storage location in a smart contract platform where data is sent along with a transaction when calling a function in a smart contract. Calldata is a non-persistent and read-only part of the transaction data, and once it is sent with a transaction, it cannot be modified by …
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…ETH is +0.00% in the last 24 hours.ETH has a circulating supply of 120.72 M ETH.What is Ethereum? Ethereum is an open-source software platform that uses Ether (ETH) as the native digital currency and enables the creation of smart contracts and decentralised applications (DApps) without downtime, fraud, control, or interference from a third party. As a programming language that’s Turing-complete and built on blockchain technology, Ethereum has helped developers build and publish decentralised…
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…From ERC-20 to ERC-721, learn what they are. Key Takeaways: Many blockchain smart contracts currently use Ethereum, and the most common token standards are ERC-20, ERC-721, ERC-777, and ERC-1155. Ethereum Request for Comment (ERC) is essentially a set of technical documents containing guidelines on developing a smart contract. The ERC-20 token standard is a blueprint for creating fungible tokens on the Ethereum network. In contrast with ERC-20, which is a fungible token standard, ERC-721 is a to…
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…ETH is +0.00% in the last 24 hours.ETH has a circulating supply of 120.72 M ETH.What is Ethereum? Ethereum is an open-source software platform that uses Ether (ETH) as the native digital currency and enables the creation of smart contracts and decentralised applications (DApps) without downtime, fraud, control, or interference from a third party. As a programming language that’s Turing-complete and built on blockchain technology, Ethereum has helped developers build and publish decentralised…
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…Currently, this has jumped to $31, with a record high of nearly $63 in April 2021. Additionally, due to its limited scripting language, Bitcoin does not support complex smart contract functionality like Ethereum does. Bitcoin’s base layer was not specifically designed to develop smart contracts and applications, as it was originally created as a peer-to-peer (P2P) digital payment system. In other words, functions for decentralised finance (DeFi) and non-fungible tokens (NFTs) have so far hardl…
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