Basics to blockchain, crypto, and ethereum.
20 Jun 2024 2 minute read 1 comment Ether Crunch
My previous article covered the basics of MEV (Maximal Extractable Value). This article will cover the tactics used to extract MEV. Before that, let’s review the basics of MEV. MEV is a profit that searchers can earn by changing the order of tra...
18 Jun 2024 1 minute read 0 comments Ether Crunch
With Layer 1 creating the foundation of the blockchain and Layer 2 focusing on increasing scalability, Layer 3 serves to target one of the main objectives of blockchains: to cater apps to the user. Through interoperability and specific functionali...
17 Jun 2024 1 minute read 2 comments Ether Crunch
Cryptocurrency revolves around three different aspects: decentralization, scalability, and security. Layers 1 and 2 focus on these three aspects, but Layer 3 focuses instead on the overall application of blockchains. The first two layers serve as th...
16 Jun 2024 2 minute read 0 comments Ether Crunch
What is a Bridge? A bridge is a tool to facilitate the transfer of one type of cryptocurrency to another. Bridges allow for interoperability between different blockchains. However, bridges are also a target for hacks. Bridges are typically the w...
15 Jun 2024 2 minute read 1 comment Ether Crunch
A Plasma Chain is a scaling solution relying on Merkle trees and smart contracts. This chain is an auxiliary of the main chain, connected to the main chain but operating independently of it. Working in a similar manner to other scaling solutions...
14 Jun 2024 1 minute read 1 comment Ether Crunch
There are multiple different scaling solutions, but in this article, three of the most popular will be discussed: Rollups, Valdiums, and Volitions. To make things simple, five different aspects will be focused on: security, cost, efficiency, p...
13 Jun 2024 1 minute read 0 comments Ether Crunch
Validiums are a layer 2 scaling mechanism where transactions are sent to layer 2s to reduce congestion on the mainnet. By processing transactions and only sending a small proof to the main blockchain, validiums can reduce the load on the mainnet. Th...
12 Jun 2024 1 minute read 0 comments Ether Crunch
A Hashed Timelock Contract or HTLC, is a type of smart contract that is used in many blockchain applications. The value of an HTLC comes from the fact that it expires after a certain timeframe. An HTLC has many components that work similarly to ot...
11 Jun 2024 1 minute read 0 comments Ether Crunch
The Oracle problem is a limitation of smart contracts: they cannot access data not located within the blockchain, such as external data. This isolation of a blockchain is what enables a smart contract to be secure, yet it also hinders its abilities....
8 Jun 2024 1 minute read 1 comment Ether Crunch
There are a number of different types of Blockchain Oracles. Here are a few different types of oracles: Centralized: A centralized oracle relies on a single source of its information and is controlled by a single entity. While this does equate to g...
