What Are Off-Chain Transactions? Off-chain transactions take place on a cryptocurrency network and shift value away from the blockchain. Off-chain transactions are gaining popularity, especially among major players, because of their zero/low cost. On-chain vs. off-chain transactions is two different types of transactions. KEY TAKEAWAYS Off-chain transactions take place outside of the blockchain itself in blockchain-based…

Basic for new generation token What is an ERC 721 contract? ERC721 is a standard for representing ownership of non-fungible tokens, that is, where each token is unique. ERC721 is a more complex standard than ERC20, with multiple optional extensions, and is split across several contracts. ERC-721 is an open standard that describes how to build…

Interacting with smart contracts through golang Aim Our focus is to deploy as well as interact with smart contract’s functionality to make it accessible through golang API. So we can use it easily and talk to them firmly. Remember the smart contract we created in our previous article, so we will…

Is Golang good for blockchain? — What is Blockchain? A blockchain is a distributed network of peer nodes that maintains an immutable transaction record. …

Creating NFTs Collections! What is Bulk minting Bulk NFT minting is the process of creating a large number of non-fungible tokens (NFTs) at once. These NFTs can represent anything from digital art to collectible items, and they are stored on a blockchain, which is a decentralized digital ledger.

Electro-Optical System, or EOS, is a well-known open-source blockchain-based platform that may be used to host, create, and manage decentralized applications (Decentralised Apps). EOS is the name of the coin from which the network is derived. …

Some developers are wary of the term “delegate call” since it has been described as “hazardous.” Fear and danger arise from a lack of knowledge about how something works and how to utilize it securely. Most of us, for example, are not terrified to drive a car since we understand…

Wrapped Token == ERC 20 Token ? What are “wrapped tokens”? They are cryptographic tokens linked to a particular cryptocurrency but may be used on any blockchain network. For example, wrapped bitcoin, or WBTC, is based on bitcoin values but may also be used on the Ethereum network. Wrapped tokens can be compared to…

Hyperledger and Ethereum are two of the most widely used blockchain platforms in the world. Both are free to use. They have also aided in the development of a significant number of blockchain applications, in addition to solving several industry-level difficulties. As blockchain technology matures and more developers enter the…