In our previous article, we created an ERC-20 token and even did as much as testing it on the Sepolia Testnet. This article will exhaustively discuss the steps of successfully selling your ERC-20 token. If you are reading article and do not have a token yet, check out our article
Building a successful cryptocurrency brand is every developer's goal. However, the walk towards this goal is not a simple one. Now that you have decided to launch a cryptocurrency project with an Ethereum-based native token, how can you create your ERC-2o token easily? Understanding ERC-20 tokens After the launch of
The NFT surge we witnessed in 2021 doesn’t end there. Just like the adoption of cryptocurrency, NFT also created a massive wave through the decentralized finance space. By introducing a way to own artwork and collectibles digitally, NFT gained the attention of both artwork lovers and serial investors, leading
In the technology world, blockchain has been a major driver of growth and innovation, but this doesn't leave it without vulnerabilities, one of which is security. Being a sophisticated technology, blockchain resolves some of the bottlenecks experienced in old tech. However, it also opens the space up to sophisticated attacks
In a data-driven world, it is only natural that data management becomes an integral part of it. From data storage to retrieval, the need for practical tools for data management cannot be overemphasized in today’s world. The development of technology has given rise to the introduction of centralized and
In the simple sense, blockchain is a distributed ledger used for data storage. From transaction details to smart contract interaction, an endless amount of raw and invaluable data is stored on the blockchain, but this data is not easily searchable or readily readable for end users, rendering the process of
Understanding that running a validator node is not essentially risk-free highlights the reason why available options must be carefully considered. For instance, validators are required to stake a certain amount of native tokens to run a validator node in an ecosystem. This particular system allows them to lock up tokens,
Despite the apparent benefits of running a self-hosted validator node, it also exposes you to certain security risks. Hence, while stakers can enjoy complete control over staking operations, they must also put in place significant security measures to eliminate or reduce system vulnerabilities and protect assets from slashing penalties, loss
Chainnodes is a leading blockchain infrastructure service provider dedicated to supporting the future of Decentralized Finance (DeFI) and decentralization. Using advanced technology, Chainnodes addresses key challenges like latency, security, and scalability, offering developers and operators access to sophisticated blockchain tools that make blockchain-based activities more efficient and accessible. In 2024,
In our previous article, we discussed the concept of Validator-as-a-Service (VaaS), explaining how Chainnodes provides an efficient way for users to participate in blockchain validation without handling the technical complexities of running a node. Click here to learn how to earn ETH rewards from VaaS. To provide an efficient and
The move from the Proof-of-Work to Proof-of-Stake consensus mechanism by the Ethereum network creates an attractive earning economy for cryptocurrency investors. Today, over 60% of the blockchain deployed in the ecosystem uses the Proof-of-Stake (PoS)/Delegated Proof-of-Stake (DPoS) consensus mechanism to verify and validate cryptocurrency transactions. While this approach is
Proof-of-stake blockchains have changed the face of transaction validation and security. For instance, they provide an energy-efficient alternative to the traditional Proof-of-Work (PoW) model. Instead of relying on power-hungry mining rigs, PoS networks allow participants to validate transactions by staking their own tokens, these participants are refer to as validator
Introduction Decentralization and web3 are gradually becoming buzzwords with no attached meanings despite their ability to completely change how we interact with several sectors, particularly finance and the internet. One of the reasons for this is the requirement for a simplified guide on what these innovative approaches can do by
Blockchain technology has come a long way. However, there are bottlenecks the industry is struggling to fix. One of them is cross-chain interoperability. Earlier, blockchains operated like isolated islands - each has its assets and smart contracts, thus, moving assets from Ethereum to Solana requires a long and expensive process
The blockchain space continues to witness growing attention, which implies both efficiency and in-flow of data. Building optimized dApps in this ecosystem requires that developers access structured and verifiable data that gives them required insights on system performance, trends and users interest. This is where data storage becomes a management