What is Axie Infinity? The Most Comprehensive Guide Ever
Blockchain Council
by smita.verma
1y ago
The year 2021 witnessed an exponential rise in the development of blockchain gaming. Axie Infinity spearheaded the way, demonstrating the tremendous opportunities and market growth fit for incorporating blockchain technology into games. The incorporation of blockchain into gaming has given rise to the concept of the gaming framework: play-and-earn. Play-and-earn is a notion in which...Read More ..read more
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OpenSea: Complete Beginner’s Guide to the Largest NFT Marketplace
Blockchain Council
by smita.verma
1y ago
The OpenSea platform is perhaps the most well-known entry point into the NFT sector. As an investor, you might be contemplating it as the marketplace through which you can learn about and participate in the area.  However, the initial steps might be difficult for many, according to many crypto advisors. Therefore, you must have a...Read More ..read more
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Hyperledger Fabric Vs. Sawtooth Vs. Composer- Key Differences
Blockchain Council
by smita.verma
1y ago
Besides cryptocurrency, people are engaging in other blockchain-based technologies and initiatives too. As a result, the attention has shifted to Hyperledger, a popular blockchain initiative among businesses. Hyperledger is a set of frameworks, rules, and tools for creating and maintaining open-source blockchain applications and networks for various organizations. Businesses may use Hyperledger to apply blockchain...Read More ..read more
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Solana to Host Alchemy’s blockchain node infrastructure
Blockchain Council
by smita.verma
1y ago
Alchemy, an Ethereum-based node infrastructure provider, revealed on 02 June, 2022 that it will now support the Solana blockchain. Solana developers will be able to grow their blockchain infrastructure requirements as a result of this development. Alchemy currently provides a node API for Ethereum and Polygon applications. Alchemy has spent years developing, fine-tuning, and putting...Read More ..read more
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What Is EIP-4844, and How Will EIP-4844 Help Users?
Blockchain Council
by smita.verma
1y ago
EIP-4844 (also known as proto-danksharding) is an effort to propose an intermediate solution for the high gas fees issue on Ethereum. The solution proposes expanding block space inside the network by implementing a transaction format that is otherwise planned to be implemented in sharding, an Ethereum scaling approach. Due to the time it takes to...Read More ..read more
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PoolTogether starts NFT Financing Campaign to Raise 471 ETH for Legal Defense
Blockchain Council
by smita.verma
1y ago
PoolTogether, a DeFi platform that bills itself as a “no-loss lottery,” has earned 470.90 Ether (ETH) through NFT sales to support its legal defense against a putative class action lawsuit. PoolTogether is now more than halfway to its target of raising at least 769 ETH (approximately $1.5 million) to fight a lawsuit it claims has...Read More ..read more
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Binance Partners with Primavera Sound Festival
Blockchain Council
by smita.verma
1y ago
Binance partnered with Primavera Sound Festival in 2022. The Primavera Sound Foundation will host the festival, which will take place in cities namely, Barcelona, Spain, and Porto, Portugal in June 2022, and will feature a world-class roster of music, culture, and knowledge opportunities. Whatever city you choose, Binance will be demonstrating the latest in blockchain...Read More ..read more
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Nike’s Subsidiary RTFKT purchases ‘DotSwoosh’ ETH domain name for $35,000
Blockchain Council
by smita.verma
1y ago
The rationale for Nike’s dotswoosh acquisition on Friday (27-05-2022) is yet unknown. Some of the anonymous reports say Nike may be preparing to utilize the domain to sell items.  ENS subdomains in the future subdomains The principal domain holder owns these domain names. The sportswear company Nike has announced that it would buy RTFKT in...Read More ..read more
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Centralized Exchange (CEX) Vs. Decentralized Exchange (DEX) – Difference Disclosed
Blockchain Council
by smita.verma
1y ago
DEXs have gained traction due to the excitement around decentralized financial solutions (DeFi). The sudden quick switch to Uniswap, a decentralized exchange, has generated debate among the traders regarding the benefits and drawbacks of decentralized vs. centralized exchanges (CEX). Numerous blockchain enthusiasts anticipate that the customer base of decentralized exchanges will skyrocket in the next...Read More ..read more
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How To Set Up Your Immutable X Wallet: A Comprehensive Step By Step Guide
Blockchain Council
by smita.verma
2y ago
On the Ethereum platform, the operational costs for trading and minting NFTs can be quite expensive, especially during high congestion moments. When the platform is facing congestion, minting transactions frequently fail, resulting in substantial losses. And thus, to get their transactions validated swiftly, users must pay a higher gas price. However, to overcome the issue...Read More ..read more
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