2140 matters because miners will rely only on transaction fees, not new Bitcoin block rewards. Layer-2 can move small payments off-chain, but Layer 1 can ...
Blockchain can be best described as a decentralized type of database that is used to maintain a growing list of records called blocks. Each block contains a list of transactions, a timestamp, and a ...
An independent blockchain acting in concert with Bitcoin, Ethereum or other major chain, which retroactively became known as "Layer 1 chains" or "main chains." Layer 2 chains process new transactions ...
Is permissionless DeFi fading? Know how compliance layers, KYC in smart contracts, and compliant pools are reshaping ...
As the world edges closer to a decentralized digital future, the importance of foundational blockchain structures, especially Layer 1 protocols, cannot be overstated. These protocols determine the ...
Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and advice to keep you up to date in the cryptocurrency and blockchain world. In previous Hard Fork basics articles we’ve mentioned ...
Degen Chain says it’s working to resolve an issue that has seen its network stop producing blocks for more than two days. Ethereum layer 3 blockchain Degen Chain has failed to validate a transaction ...
(1) The distinction between a main Layer 1 blockchain such as Bitcoin and Ethereum and a Layer 2 blockchain such as rollup chain. A third layer separates even more functions. See Layer 1 blockchain, ...