From athletes to corporations, we are seeing increasing interest in non-fungible tokens (NFT). Recently, Visa bought a digital avatar—CryptoPunk #7610—for $150,000, marking the first major payment platform to tap into the NFT space. In this blog post, we will explore one of the most popular NFT marketplaces, OpenSea, and its relation to Ethereum.
Ethereum’s recent popularization is driven by growth in decentralized applications (dApps). Among dAppa, decentralized financial systems (DeFi) constitute one of the most prominent areas of development. In the first blog post of a series, we discuss Aave, a decentralized protocol that allows users to lend and borrow cryptocurrencies
The consensus mechanism is a key component to a decentralized network. It not only secures the system but also affects its efficiency and scalability. Since Bitcoin’s birth, there have been other consensus mechanisms created. Each of them has its own characteristics. Jianing Wu discusses the idea of consensus mechanisms and provide a brief overview on how they work.
Ethereum’s supply mechanism is an evolving feature of the network. As opposed to bitcoin’s supply, it is not deterministic, which make it more difficult to analyze. Blake Heimann provides an overview of the history of Ethereum’s supply and dive into the changes that potentially lie ahead.
After eight years of development, Ethereum has gone from an idea to a vivid ecosystem, supported by one of the largest developer communities in the crypto space. Jianing Wu looks back at the history of Ethereum’s development and provides an outlook for what’s upcoming.