Category Blockchain

What is a truffle?

Description Truffle is a framework for DApp development. It’s to not be confused with truffle-contract, a library, and abstraction for smart contract interaction, almost like Web3.js. Truffle is great because it is often the inspiration to the distributed app development with Unit Testing and continuous integration style workflows. The Website: …

Why Oracles Are Needed?

Why Oracles Are Needed?

Introduction Oracles are systems that may give external data sources to Ethereum smart contracts. The term “oracle” comes from Greek mythology, where it mentioned a person in communication with the gods who could see dreams of the future. An oracle…

How Blocks Are Created in Blockchain?

Introduction Capturing transactions on blocks, and therefore the subsequent validation process can seem overwhelming to those new to the technology. Fortunately understanding the method isn’t that tough. We’ll review the method by which transactions are recorded, added to blocks, and validated using group consensus. This process is that the heart…

What Are Types of Blockchain?

Introduction Blockchain platforms are often described as being either public or private platforms. What do these terms mean, and why does one know which approach is that the right approach for our solution or use case? during this section, each approach, also because the respective benefits and disadvantages are going to be discussed.…

What the important differences between ethereum?

What the important differences between ethereum?

What’s the difference between ERC and EIP? a) Ethereum Request for Comments (ERC) are wont to define standards for the usage of Ethereum. Ethereum Improvement Proposals (EIP) are wont to improve the Ethereum Protocol itself.b) Ethereum Request for Comments (ERC) are wont to propose new distributed…

What Are Seeds and Mnemonic Codes?

What Are Seeds and Mnemonic Codes?

Introduction Bitcoin HD wallets are a really powerful mechanism for managing many keys and addresses. They’re even more useful if they’re combined with a uniform way of making seeds from a sequence of English words that areeasy to transcribe, export, and import across wallets. this is often referred to as a mnemonic and…

What is MetaMask Wallet?

Description MetaMask is a lightweight software cryptocurrency wallet. It is used to interrelate with the Ethereum blockchain. It may be used on Chrome, Firefox, and Brave browsers. This is a wallet that aids in sending and receiving Ether. It permits…