In March of 2017, Ethereum’s market capitalization reached $4 billion. In less than a year, that number has more than quadrupled to over $15 billion. So, what is behind Ethereum’s meteoric rise? There are a few key factors that are driving Ethereum’s growth. First, Ethereum is unique in that it allows for the creation of […]
What Layer Is Ethereum
What layer does Ethereum reside on? Ethereum is a platform that operates on the blockchain technology. It is a decentralized platform that allows for the creation of smart contracts and decentralized applications. Ethereum is not a cryptocurrency, but it is used to pay for transactions on the Ethereum network. Ethereum is built on the blockchain […]
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What Is An Ethereum Virtual Machine
An Ethereum Virtual Machine (EVM) is a computer that executes smart contracts and runs on the Ethereum network. It is a decentralized, Turing-complete virtual machine that enables anyone to run any program, regardless of the programming language. The EVM is responsible for executing all the transactions on the Ethereum network and ensuring that they are […]
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What Is Solana Crypto Used For
What Is Solana Crypto Used For? Solana is a new cryptocurrency that is designed to improve on the security and scalability of other blockchain networks. The Solana team believes that their technology can enable blockchain networks to handle millions of transactions per second, making them more suitable for mainstream use. The Solana network is based […]
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