Basics to blockchain, crypto, and ethereum.
2 Jan 2024 1 minute read 1 comment Ether Crunch
There are generally four different bridge types: Native Bridges: These bridges connect two blockchains, supporting basic functions like token transfers. An example of a native bridge is the Ethereum Arbitrum bridge, connecting Arbitrum to Eth...
1 Jan 2024 1 minute read 1 comment Ether Crunch
Because of the increase in the number of Layer 2’s and other cross-chain applications, there is a need for a system to move assets across chains. The answer to this need are bridges. Normally, blockchains are unable to communicate with other cha...
31 Dec 2023 1 minute read 0 comments Ether Crunch
Layer 2 Testnets: Layer 2’s are off-chain scaling solutions meant to reduce congestion on the mainnet, Layer 1. Layer 2 testnets are testnets that allow the user to run smart contracts or transactions on Layer 2’s, giving them an idea of how such an...
30 Dec 2023 1 minute read 0 comments Ether Crunch
To understand Layer 2’s, Layer 1’s must first be discussed. Layer 1’s are the main blockchain, the primary level. Some examples of these include Bitcoin, Ethereum, Cardano, and Binance. These layer 1’s will be where most of the transactions will t...
29 Dec 2023 1 minute read 2 comments Ether Crunch
Public networks: Networks accessible to everyone with an internet connection, and a duplicate of the main network allows users to create and validate transactions. Mainnet: The main network where transactions of actual value are carried out.Testnets:...
28 Dec 2023 1 minute read 1 comment Ether Crunch
Gas is a unit that measures the computational work needed to put a set of instructions into the network. The whole concept of gas fees is necessary to reduce spam on the network, such as a repeated movement of crypto from one wallet to another a...
27 Dec 2023 1 minute read 0 comments Ether Crunch
A consensus mechanism determines the state of the blockchain. The test of consensus mechanisms is their security and how they respond to problems in the blockchain. The two most common consensus mechanisms are Proof-of-Work (POW) and Proof-of-Stak...
26 Dec 2023 1 minute read 3 comments Ether Crunch
One of the most critical aspects of the Ethereum network is the Ethereum Virtual Machine, or EVM. The EVM is a specialized cloud computer composed of all the nodes in the network and is built to process DeFi transactions. It was designed specificall...
24 Dec 2023 1 minute read 0 comments Ether Crunch
Herons using bread to fish To do well in the Math Section of the SAT, there is no alternative to knowing math first and then practicing it regularly. In the test, we have to solve more than 40 questions—44, to be exact—in 70 minutes. Therefore, one...
23 Dec 2023 1 minute read 0 comments Ether Crunch
In March 2024, CollegeBoard plans to switch to a digital version of the SAT, compared to the paper version in place currently. This format will take place on the Bluebook application. Additionally, the format has been changed, with 54 question...
