A Builder’s Introduction to the Mempool
Blocknative » DeFi
by Blocknative
2y ago
The mempool is often referenced as a waiting room for pre-chain transactions, but “waiting room” is too passive of a term. It suggests it’s a casual place for transactions to hang out while they wait to be confirmed on-chain. In reality, it’s more like abattle zone. Bots can force their way in to exploit arbitrage opportunities. Transactions can change out of sight, leaving you and your traders unprepared for battle. Traders are your end-users, so you are building for them. The more attractive you can make your product, the more traders you will have transacting on your Dapp (decentralized ap ..read more
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How Onboard.js Increases Web3 Signups and Engagement
Blocknative » DeFi
by Blocknative
2y ago
In Web3, crypto wallets have largely replaced usernames and passwords as the primary method for accessing applications. But they still present many obstacles for developers — providing a crisp crypto wallet onboarding experience requires handling many edge cases and often involves custom code for every wallet an application wants to support.  To increase Web3 adoption, Blocknative created and maintains the open-source Onboard.js library — the quick and easy way to add multi-wallet support to your project. With built-in modules for more than 20 unique hardware and software wallets, Onboar ..read more
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Ethereum Gas Prices: How the Mempool acts as a Competitive Market for Settlement
Blocknative » DeFi
by Blocknative
2y ago
Gas prices are a major source of transaction anxiety for both new and experienced Ethereum users. Accurately setting transaction fees is a classic Goldilocks problem:  ⏳ If you set your gas price too low, you lose transaction predictability, and you can wait hours – or days – or weeks! – for confirmation. Not to mention the risks of a stuck wallet.  ? If you set your gas price too high, you overpay and reduce your profitability.   So, how do you set your gas fee just right and get predictable transaction performance without overpaying? Recently, our CEO Matt Cutler sat dow ..read more
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Why the Mempool Matters: The Hidden Competition for Confirmation
Blocknative » DeFi
by
2y ago
This essay was originally published on Bankless. Every pending Ethereum transaction invisibly competes in the mempool to be confirmed. While the mempool is a critical piece of blockchain infrastructure, many (most?) people have little understanding of how the mempool game works – or how the rules can be used against your best interests. Are you waiting for your transaction to confirm? That’s the mempool. Are you priced out by high gas fees? That’s the mempool too. Are you frustrated by a stuck transaction that has blocked your wallet? Yep…the mempool. Are you confused b ..read more
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Deploying Value On-Chain With Gold-Backed NFTs
Blocknative » DeFi
by Blocknative
2y ago
What would coin collecting look like in the digital world?  Jesse Johnson became obsessed with answering this question. And after he co-founded Mintable — a platform that makes it easy to mint and manage NFTs — he set to work to answer that question.  Given his background in NFTs (non-fungible tokens), Jesse wanted to explore the idea of NFTs with intrinsic value. This eventually led to the creation of Bullionix — a decentralized gold mint where anyone can use Digix gold tokens to create NFTs. EachNFT minted on Bullionix has a specific weight of gold staked to it. Bullionix is the f ..read more
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DeFi Saver: Making It Easier To Manage DeFi Assets
Blocknative » DeFi
by Blocknative
2y ago
DeFi is a blockchain term that refers to decentralized finance, and the ethos of the term refers to the creation of an open financial system that doesn’t rely on authorities or intermediaries. Today most DeFi activity is on the Ethereum network and ranges from digital assets to financial smart contracts to protocols. With DeFi, developers can program applications that can store, lend, borrow, or otherwise manage digital assets. These applications often come to life in the form of smart contracts or protocols — which can be leveraged by other developers to build on.  Today we will explore ..read more
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Bringing DEXs to Normies — One Transaction at a Time
Blocknative » DeFi
by Blocknative
2y ago
Using crypto is hard. Right?  This meme has been prevalent in the blockchain community for some time. But many projects are working to abstract the complexity away and make blockchain-based products accessible to average users.  ..read more
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How Eidoo Makes DeFi Accessible To The Masses
Blocknative » DeFi
by Blocknative
2y ago
Eidoo — a leading European multi-currency wallet and hybrid exchange — will soon be among the first projects from the ICO wave to successfully ship every feature proposed in their white paper.  ? So what is next for Eidoo? Where will Eidoo invest its energy after they have met their original product milestones? Following the trend of DeFi projects focusing on usability, Eidoo has partnered with Blocknative to deploy real-time transaction notifications. Read on to learn about what Eidoo has built and how it plans to leverage notifications to improve DeFi accessibility ..read more
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How Simplicity Drives DeFi Dapp Engagement
Blocknative » DeFi
by Blocknative
2y ago
Shiftly is a zero-fee, non-custodial aggregator of decentralized exchanges.  The objective is to help you quickly and conveniently find the best price to swap your crypto – across multiple liquidity pools. Shiftly currently supports Kyber, Uniswap, and Airswap. When you want to make a trade, you search through the providers and then trade directly on their smart contract via the Shiftly dapp.   ..read more
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