Tag: consensus algorithm called

What Is The Difference Between Solana And Ethereum

What Is The Difference Between Solana And Ethereum? Ethereum and Solana are two different types of blockchain networks. Ethereum is a public blockchain network that allows anyone to participate, while Solana is a private blockchain network that is invitation-only. Ethereum is also a decentralized network, while Solana is a centralized network. Ethereum is based on […]

Why Ethereum Transaction Fee So High

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ether is a cryptocurrency whose blockchain is generated by the Ethereum platform. Ether can be transferred between accounts and used to compensate participant nodes for computations performed. Ethereum transaction fees are […]

What Are L2s In Crypto

L2s, or second-layer solutions, are important in the crypto world. They provide a way for users to interact with the blockchain in a more user-friendly way. L2s can also improve the scalability of blockchains, making them more efficient. There are a number of different L2s in use today. The most popular is probably Bitcoin’s Lightning […]

What Is Neo Crypto

What is Neo? Neo is a blockchain platform and cryptocurrency designed to build a “smart economy.” The Neo platform allows for the creation of digital assets and smart contracts. Neo also uses a unique consensus algorithm called dBFT (Delegated Byzantine Fault Tolerance). Neo was founded in 2014 by Da Hongfei and Erik Zhang. What is […]