In 2008, Satoshi Nakamoto published the Bitcoin White Paper, describing Bitcoin as a peer-to-peer electronic cash system. Although Bitcoin emerged as the best investment of the last decade, its volatility and low throughput have limited its use as a means of payment. Furthermore, only El Salvador and the Central African Republic have recognized Bitcoin as […]
Web3 Development
Web3 Development
Smart Contract Audit: What Is It, Benefits & Process – Dexola
What is a smart contract audit? Most crypto enthusiasts are familiar with DeFiLlama, a service for tracking key metrics of popular DeFi protocols. One intriguing metric it offers is Total Value Hacked. It tallies the worth of crypto assets lost due to bugs and vulnerabilities in frontend and backend systems, key management, and smart contracts. There […]
Real-World Asset Tokenization: Benefits, Process and Use Cases
There’s a lot of buzz surrounding real-world asset tokenization, also known as RWA. Tyrone Lobban, the head of JPMorgan’s blockchain division, claims that nearly all their clients — 99.9% to be exact — are interested in asset tokenization, even if they aren’t particularly keen on cryptocurrency. In this article, we’ll explore why tokenizing real-world assets has become […]
Ethereum Liquid Staking Overview: What Is It and Benefits
There is a concept called the Nakamoto Coefficient, which represents the number of large miners or validators that control over 33% of the network’s hash rate or total stake. This metric gauges the network’s security. If it is low, then these major players could potentially compromise the network by triggering a Byzantine fault. The Nakamoto […]
Central Bank Digital Currencies (CBDC): Key Benefits and Risks
Central Bank Digital Currencies (CBDCs) have become a hot topic after cryptocurrencies have proven to be effective payment methods, and governments are looking to replicate their success in their macroeconomics strategies. Out of 195 countries in the world, 131 countries are researching, developing, or testing CBDC crypto. At Dexola, we are closely tracking the global adoption of Central […]
What are the Best Blockchains: Who is Winning and Why
In every market sector, we have three types of projects: innovative, improvers, and copycats. E.g., there is an innovative X (Twitter), wannabe improver BlueSky, and copycat Threads. In the blockchain ecosystem, we have those too. Some chains claim to become Bitcoin or Ethereum-killers, new top blockchains, or blockchain-saviors. But do these best blockchain wannabes succeed […]
ERC-6551 Token Standard: What Is It and Top Use Cases
ERC-6551 token standard is an NFT that owns a separate account and thus can own and transfer other tokens on behalf of its owner. This standard expands NFT applications from PFP which you can dress up with other tokens to a decentralized tradable portfolio that holds some fungible tokens. In other words, ERC-6551 NFT allows user […]