What is Token Gating? Token gating is the practice of limiting certain materials, perks, or access to those who own a certain cryptocurrency token, or NFT. In a way, tokens function as a set of keys that are kept in a user’s cryptocurrency wallet. …

A new movement in the financial sector known as “Decentralized Finance” (DeFi) uses blockchain technology to build a more open, transparent, and decentralized financial system. DeFi is a rapidly expanding sector that has the potential to completely alter the way we view and use money. DeFi is fundamentally about developing…

In the past few years, blockchain technology has disrupted various industries, and one of the areas that have seen tremendous growth is gaming. Web3 gaming is a new form of gaming that utilizes blockchain technology to create decentralized, secure, and transparent gaming experiences. …

A contract acting as a middleman between a client and another contract, also known as the target contract, is referred to as a proxy in the context of smart contracts. By separating the target contract's implementation logic from its address, using a proxy contract makes it possible to maintain and…

DAO stands for Decentralized Autonomous Organization. It is a decentralized organization run by code, instead of people or central authority, that operates on a blockchain network. Members can participate in decision-making through rules encoded as smart contracts on the blockchain. What kind of rules are there in DAO creation When creating a DAO, rules typically include: Membership: how members…

Blockchain technology is being used in many industries to provide secure and transparent solutions for record-keeping, data management, and more. One of the key components of blockchain applications is smart contracts — self-executing contracts with the terms of the agreement directly written into code. In many cases, developers need to…

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. …

Non-fungible tokens that can be owned like sharing an apartment! — by Aman Agarwal Introduction As we know the next phase of asset ownership, typified by transparency and decentralization, is introduced by NFTs (non-fungible tokens). Additionally, during the past two years, NFTs have become incredibly popular, and token prices are skyrocketing. …

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…

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…

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…

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…

What is Oracle Blockchain? Blockchain oracles are entities that connect blockchains to external systems, allowing smart contracts to execute depending on real-world inputs and outputs. Oracles provide external data to the smart contract, which may be used to activate predetermined smart contract actions. This data comes from either software (Big-data applications) or hardware (Internet-of-Things). Any…

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…

How to accept payment in cryptocurrencies with Golang — What is Coinbase? According to Google …Coinbase is a secure online platform for buying, selling, transferring, and storing digital currency. Its mission is to create an open financial system for the world and to be the leading global brand for helping people convert digital currency into and out of their local currency. And…

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…

In the Ethereum world, ERC-XXX or EIP-XXXX phrases often come up, but for people new to the Ethereum world, this looks quite cryptic. What is EIP? Ethereum Improvement Proposals (EIPs) are standards specifying potential new features or processes for Ethereum. EIPs contain technical specifications for the proposed changes and act as the “source…

How to Create a Simple Smart Contract — For this article, we will be using online IDE REMIX, which will be very helpful to compile and go through all functionality of a contract. In the following contract, we will be looking at the admin and its role and a basic depositing, withdrawal function to deposit and withdraw from…

The first step for writing Smart contracts with Solidity — What is Solidity? Solidity is a high-level contract-oriented programming language used to construct smart contracts. Solidity has been designed to target the Ethereum Virtual Machine. Solidity’s code is contained within contracts. …