ShiftMag » Web3
0 FOLLOWERS
ShiftMag is where you can find insightful engineering content & community for Web3. ShiftMag is a global magazine and community for developers. Whether you're a staff engineer, engineering leader, or just starting as an aspiring engineer, the team behind ShiftMag wants to offer you insightful content regularly.
ShiftMag » Web3
2M ago
* PaaS: Paymaster as a Service
In our increasingly digital world, one revolutionary technology has been silently reshaping how we think about transactions: blockchain. You’ve probably heard of L1 (layer one) blockchains, like Bitcoin and Ethereum, but blockchain technology is much more than that. It’s a new way of storing data and executing transactions – secure, decentralized, and transparent.
However, as with any emerging technology, it has its unique challenges.
Understanding the Challenge: Gas Fees in Simple Terms
Imagine that every time you wanted to send an email, you had to pay a small ..read more
ShiftMag » Web3
2M ago
Zero-knowledge proofs (ZKPs) is a technology gaining a lot of buzz in various fields, particularly blockchain.
Imagine this. Two people. We’d call them A and B. A is who we’d call a Prover, while B is the verifier.
The Prover can demonstrate to the verifier that a statement is accurate without providing information regarding the statement. This is done by providing proof, or a small amount of information, that can be verified by the verifier to ensure that the statement is true.
The concept of ZKPs was first introduced in a 1985 paper titled “The Knowledge Complexity of interactive proof syst ..read more
ShiftMag » Web3
2M ago
Let’s imagine we live in a country that wants to explore space! So, how does this exploration start? By having that country’s engineers do various calculations and experiments, for example, how to save fuel? What is the best launch window? What would be the best trajectory of our rocket?
To solve some of these questions, these engineers developed algorithms and programs that help give answers… They use one of the typical programming languages, let’s say, for example, Rust language!
All was fine and well until they realized that, for some calculations, they needed a supercomputer! But they do ..read more