Ethereum

Connection and asset transfer between blockchains

DeFi 2.0 refers to the DeFi innovation phase, a subset of decentralized protocols built on breakthroughs like yield farming, lending, and other innovations.

A change in one of the top cryptocurrencies that might impact the whole ecosystem

Maximum Extractable Value (MEV) refers to the maximum value that can be extracted by including, excluding, and changing the order of transactions in a block, with the purpose of earning more than standard block rewards and transaction fees.

EVM is an abstraction layer between the code and the host that serves as a guarantee to maintain the smooth operation of Ethereum. What is EVM after all? What are the principles and typical use cases of EVM? Let’s dive deeper into it.

ERC-20 is a technical standard for fungible tokens on Ethereum. It defines a shared set of smart-contract functions so wallets, exchanges, and dApps can handle assets such as USDT or LINK the same way, while native ETH remains the separate currency used to pay network fees.

Use MetaMask to interact with Ethereum or other blockchains directly from your browser.

The biggest Ethereum network update ahead of the upcoming Merge

A set of standard rules for creating ethereum tokens

Layer 2 is a protocol built on top of an existing blockchain (layer 1) for increased performance and output. This is achieved without compromising the security of the blockchain. With the rise in the number of users and transactions on layer 1 blockchains like Bitcoin and Ethereum, there is a need for increased throughput without compromising security and decentralization.

Sharding is a database partitioning technique that helps blockchains build scalability, allowing transactions to be processed in parallel by multiple sharding chains to reduce network congestion and increase transactions per second (TPS).

This video offers an overview of Polygon's development and technological innovations. Originally known as Matic, Polygon was launched in 2017 to address Ethereum's scalability issues. It has since evolved into a key Layer 2 solution within the Ethereum ecosystem. The video details how Polygon operates, including its sidechain technology and interoperability with Ethereum. It emphasizes the launch of Polygon 2.0, a major upgrade featuring zkEVM technology that greatly enhances network performance and security. The video also covers the transition from MATIC to POL tokens, explaining how the new token improves network functionality and user experience. Overall, this video thoroughly demonstrates how Polygon blockchain continues to lead in the Web3 space through ongoing innovation.