What happens under the hood when we create a new cryptocurrency wallet? What are the standards for key generation? — A cryptocurrency wallet is a digital wallet that allows you to store, send, and receive various cryptocurrencies such as Bitcoin, Ethereum, and more. Generally speaking there are basically three types of wallets in the market, such as hardware wallets, software wallets, and paper wallets.

Did you know that Bitcoin and Ethereum have the block limit specification calculated differently? Do you know the minimum cost of a transaction in Ethereum? — The Blockchain, as the word specifies, is a chain of virtual blocks within which we find a set of information related to transactions and actions that occurred on that specific protocol. These blocks cannot be infinite in terms of “computing” space since the larger the amount of data the more…

What does Account Abstraction mean and where does it come from? Why is it one of the most important steps for Ethereum to reach the next billion users? — First of all: did you know that within the world of Ethereum there are two types of accounts? When discussing Ethereum and the addresses within its Blockchain there are several concepts that need to be explored. Within the Ethereum Blockchain there are two types of accounts:

What are soul-related NFTs? What can be the usefulness of a non-transferable token? What do POAPs represent and why can they help Web3 expand into non-financial areas? — When talking about digital assets above the Blockchain, everyone’s first thought is always about NFTs. As many already know, NFTs represent unique assets from a digital perspective and are known for their transferability and commercial potential. It is precisely the transferability of these assets that has led to the creation…

These days it seems like everyone knows perfectly what NFTs are, but how do they really work from a technical standpoint? A quick technical insight to understand how ERC721 smart contract works — NFTs are currently one of the most interesting topics in the cryptocurrency world with several large companies ready to integrate them and plenty of projects ready to come out. The implementations and utilities of these tokens are very often debatable but the asset digitization process put in place by non-fungible…

How do DAOs work? What kinds of tools are available to developers and users to get into this world? Let’s find out together in this short article. — The ecosystem around DAOs is always expanding very fast allowing anyone to become part of the decision making process of a protocol in an easy way. Very often, the initial team maintains control of this evolution in the early stages and gradually delegates decisions to a community of stakeholders thus…

Let’s find out together what play to earn games are, how they work and what are the incentives and agents within the ecosystem in this new report in collaboration with Lemniscap and Economic Design — Play to Earn (P2E) Games is the new paradigm in video games that combines DeFi and entertainment to create a new game genre that allows players to make money while playing. There are more and more games and projects that aim to create economies that sustain themselves by feeding incentives…

DeFi 2.0 is an evolving trend in the Blockchain world that aims to solve the problems of early versions to create long-term sustainable liquidity for projects. Let’s see how — In the last few weeks, a new trend is making its way into the cryptocurrency community, and specifically Decentralized Finance, that is attracting the attention of many users. The trend is DeFi 2.0, in which new protocols aim to solve the weaknesses of traditional DeFi by experimenting with new protocol…

In recent months the word metaverse is becoming more and more popular and the various projects that are part of it are attracting a lot of curious and enthusiasts. But what are the most important projects in this area? How do the tokenomics of them work? — Since Mark Zuckemberg announced Meta and the efforts to create a metaverse for its users, some particular tokens in the Blockchain world have literally exploded making new highs and inaugurating, perhaps, a new trend. This is the case, for example, of SAND and MANA, the two utility tokens of The…