6 Articles 0 Followers
2 Dec 2023 2 minute read 1 comment SocioCrypto
Introduction The Avalanche blockchain has recently experienced a significant surge in revenue and transaction fees. On a single day last week, Avalanche users paid +$873K as transaction fee. This raises the question of which projects contributed to t...
4 Sep 2023 1 minute read 0 comments Christian Eziokwubundu C.
Naming discoveries after their inventors has been a norm in the world of science and technology, good examples are the unit symbols of force and energy which are represented as (J) and (N), being names of James Prescott Joules and sir Isaac Newton re...
18 Apr 2022 5 minute read 0 comments Notum DeFi App
What Is a Block Reward? A block reward is a reward that a miner or a group of miners working in a pool receives for discovering a new block. To explain this concept in more detail, let’s briefly return to blockchain technology. In the most basic sens...
9 Jul 2020 1 minute read 7 comments Abhimanyu Krishnan
Ethereum network activity has surged since April 2020, and even more so following the release of new DeFi services like that of Compound Finance, Balancer and KyberDAO. Now, miners have set a new record for revenue generation, as June has seen nearly...
20 Jun 2020 2 minute read 0 comments Crypto_MD
In short, this should hopefully make ETH & ERC20 token transactions much less expensive. This is the event I was hoping would happen. The last time fees were high, miners increased the limit, and that resolved the problem fully. How much will it hel...
18 Jun 2020 1 minute read 0 comments Abhimanyu Krishnan
The Ethereum (ETH) network experienced two anomalous transactions last week that sparked a rise in transaction fees, with the transaction senders being unidentified. However, yesterday on June 17, South Korean peer-to-peer cryptocurrency exchange Goo...
