Basics to blockchain, crypto, and ethereum.
22 Dec 2023 1 minute read 1 comment Ether Crunch
Back in April of this year, Ethereum launched the Shanghai update, which focused on four Ethereum Improvement Proposals (EIPs): EIP 4895, 3855, 3860, and 6049. The biggest of these was 4985, an update allowing stakers to unstake their Ethereum. It h...
21 Dec 2023 1 minute read 0 comments Ether Crunch
Over 300 million people have used cryptocurrency, and this number is expected to continue growing. However, not everyone really understands crypto, but the video “But how does bitcoin actually work?” by “3Blue1Brown” helps explain the fundamentals of...
19 Dec 2023 1 minute read 1 comment Ether Crunch
Many people ponder Bitcoin’s security and how secure it really is. Well, the video “How secure is 256-bit security?" by “3Blue1Brown” explains extremely well the security of a 256-bit security method, like SHA256, which is used in Bitcoin. It puts in...
28 Nov 2023 3 minute read 0 comments Ether Crunch
What are Smart Contracts? Smart contracts are simply contracts that are basically digital, but they carry out specific tasks based on their coding. They can carry out transactions of money, shares, crypto and more. These transactions are trackab...
17 Oct 2023 4 minute read 1 comment Ether Crunch
Why is it Important? A method to validate transactions and create new blocks is critical to doing just about anything in Crypto, from transferring money to the increasing the volume of cryptocurrency. Before Proof of Stake Before PoS was Proof...
18 Sep 2023 3 minute read 2 comments Ether Crunch
Why use Etherscan? Etherscan is a blockchain explorer, a tool that allows the user to search about information related to a blockchain, in this case Ethereum. So why should you use it? Well, Ethereum is a huge crypto with a market cap of more...
30 Jan 2023 2 minute read 1 comment Ether Crunch
1) The Merge - basically how Ethereum switched from being a Proof-of-Work(PoW) blockchain to a Proof-of-Stake(PoS). Proof-of-Stake is how transactions are processed through staking where Ethereum holders can “stake” a share of their Ethereum to val...
2 Jan 2023 6 minute read 0 comments Ether Crunch
Introduction Nowadays, online commerce is centered almost entirely around third-party financial institutions. For any transaction to occur online, money must be directed through these third parties. This system, while rather efficient, still has w...
