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NOWNodes

NOWNodes

Explorer & Node APIs. 45 most popular blockchain networks supported. We provide educational content on blockchain development for beginners and experienced community members. Besides, we do provide free API for up to 20,000 request. Drop us a line to get yours.


What is Balancer — A 5 Minute Guide

3 Sep 2020 6 minute read 5 comments NOWNodes

Originally published in the NOWNodes blog.The DeFi sector is creating new records almost every month now. Its growth is such that the DeFi’s locked in value has surpassed $9 billion. When it comes to the locked-in value, Balancer is the third-largest...

What is Chainlink? — A Deep Dive

31 Aug 2020 4 minute read 0 comments NOWNodes

Originally published in the NOWNodes blog.A smart contract requires real-world data for execution. So, how does it get real-world data? It leverages decentralized oracle networks to provide data from outside the blockchain. ChainLink provides the dec...

Decentralized Exchanges in 5 Minutes

25 Aug 2020 4 minute read 4 comments NOWNodes

Originally published in the NOWNodes blog.  There are two types of crypto exchanges, and these are centralized and decentralized crypto exchanges. Currently, centralized exchanges maintain a significant dominance in the crypto exchange market. Yet, o...

DeFi Derivatives: A Simple Descriptive Guide

20 Aug 2020 2 minute read 0 comments NOWNodes

The DeFi ecosystem is booming. It is bringing more users to the crypto world. One cannot deny that DeFi is doing what ICOs did in 2018. It is bringing the spotlight back to the crypto world again. The trading element of the DeFi ecosystem plays a ve...

What is Algorand?

18 Aug 2020 3 minute read 10 comments NOWNodes

Originally published in the NOWNodes blog.It goes without saying that slow transactions and high fees make blockchain unsuitable for microtransactions, and interfere a wide adoption. The cost of transactions can exceed several dollars. It is unlikely...

Blockchain Oracles Explained

17 Aug 2020 4 minute read 0 comments NOWNodes

Originally published in the NOWNodes blog.Each ecosystem has three main components, and in the absence of one of them, it ceases to function. Any infrastructure consists of users (customers or consumers), the system itself, and the personnel who main...

Top DeFi Projects in 2020: Part Two

11 Aug 2020 5 minute read 8 comments NOWNodes

Originally published in the NOWNodes blog.DeFi projects are the brightest spot in the whole cryptocurrency market today. It is attracting many new users to the crypto world. It has the potential to revolutionize the global financial services sector....

Cardano Explained

10 Aug 2020 4 minute read 6 comments NOWNodes

Originally published in the NOWNodes blog. The founder of Cardano, Charles Hoskinson believes that Ethereum has been quite successful when it comes to smart contracts. However, Hoskinson considers Ethereum as a second-gen blockchain. Hence, he thinks...

Top DeFi Projects to Watch in 2020

6 Aug 2020 5 minute read 4 comments NOWNodes

Originally published in the NOWNodes blog. The market cap of Ethereum has hit a high that hasn’t been seen since August 2019. The current market cap of Ethereum has crossed $40 billion. So, what is propelling Ethereum to such highs again? It’s the De...

WebSockets in World of Blockchain

4 Aug 2020 2 minute read 0 comments NOWNodes

WebSockets have played a monumental role in real-time internet-based communication. But it wasn’t available a few years ago. So, was it possible to communicate over the internet in real-time before WebSockets? It sure was. But it was a tedious task i...