Ethereum (73)

Bitcoin ordinals took the Web3 world by storm following their introduction in January 2023. The adoption of ordinals has been massive, with millions of inscriptions being created in the few months since launch.

Authored by Kiwi Yao, researcher @OKX Ventures The biggest obstacle to widespread crypto adoption is making the processes too complex. For instance, when a user's private keys are lost, their digital assets are gone forever. This could discourage many people from considering getting into crypto.

Authored by Kiwi Yao, researcher @OKX Ventures Since September 2021, when Vitalik Buterin proposed EIP-4337, the concept of account abstraction has been gradually introduced into mainstream Web3 wallets. OKX Ventures takes the origin of this concept as a starting point and systematically reviews the past, current status, and future opportunities of account abstraction.

Ethereum is a dynamic platform that caters to many transactions and applications, from Decentralized Finance (DeFi) to gaming, and even Non-Fungible Tokens (NFTs). But, a prominent challenge it faces is scalability. As it stands, Ethereum can handle about 30 transactions every second.

Wrapped Ether (WETH) is essentially a version of Ether (ETH) but differs in numerous ways. WETH can be used on various platforms and decentralized applications (DApps) that support the ERC-20 token standard. WETH is pegged to ETH at a 1:1 ratio and can easily get converted. This leads to better interoperability on the Ethereum blockchain.

This is an OKX — Okcoin research partnership. Adam Bloom is a Content Writer, podcaster, and yield farmer based in Los Angeles. Now that Ethereum has completed the Merge, it’s time to get ready for the next set of Ethereum upgrades — the Surge, Verge, Purge, and Splurge.

Without a doubt, one of the biggest trends in the cryptocurrency industry throughout 2021 has been nonfungible tokens. Prices of blockchain-based collectibles, artwork, GameFi assets and other virtual items have gone through the roof — leaving many on the sidelines scratching their heads. In this OKX Insights in-depth examination, we look closely at the NFT phenomenon and the value propositions of the most successful collections. 

Blockchain technology has revolutionized the way we conduct transactions and store data securely. However, one major challenge that blockchain faces is scalability . As the number of users and transactions on a blockchain network increases, the system becomes slower and more expensive. This scalability challenge has hindered the widespread adoption of blockchain technology in various industries.

Have you ever wanted to earn staking rewards without the constraints of locking up your assets? If so, Lido might be the answer. It's emerging as the go-to liquid staking solution, witnessing a rise in adoption with over $14 billion in staked tokens by August 2023.

In the 21st century, social media underwent a revolution. Platforms like Friendster, MySpace, and later Meta reshaped how we connected and shared online. As the years went by, the trend shifted towards mobile-centric platforms like Instagram, X, Snapchat, and TikTok, further expanding the boundaries of online interaction.

Have you been wondering what ETH 2.0 is all about? Or maybe you've heard of the Shanghai upgrade and are curious to learn more? This blog post will give you a brief overview of both ETH 2.0 and the Shanghai upgrade. So whether you're a crypto novice or an experienced trader, read on to learn more.

Decentralized autonomous organizations are fast becoming the favored governance model of the crypto-native. From decentralized finance protocols to collectors of digital artwork and legal experts specializing in crypto-related matters, distributed decision-making is evolving and threatening to make traditional, top-down organizational models obsolete.

An in-depth consideration of Ethereum’s position as the dominant smart contract network (and how its scaling woes may threaten it) Beyond metaverse mania and NFT madness, one of 2021’s dominant themes

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is expected to launch its much-anticipated ETH 2.0 upgrade in the second half of 2020. The upgrade marks a major shift for t

Scalable solutions improve the quality of blockchain networks by increasing their throughput and enabling them to become faster and more efficient. Ethereum Plasma is a solution that makes Ethereum mo

Ethereum was one of the earliest open-source projects allowing developers to create and launch decentralized applications ( DApps ). Although there are many positives to the Ethereum network , its architecture comes with challenges. For instance, the network can be prone to bottlenecks during peak times.

One of the primary aspects of any blockchain is its consensus algorithm or consensus mechanism. This is simply a name for the system used to achieve agreement among participants regarding the network's state. As you know, in decentralized networks, there’s no central authority. As a result, any decision needs to be made by the community through a voting process. The cryptocurrency industry initially had the Proof of Work (PoW) algorithm, which launched with Bitcoin. Later, it developed a different approach called Proof of Stake (PoS). However, PoS also got modified in time.

When Vitalik Buterin built Ethereum , he wanted to push the boundaries of blockchain technology. Bitcoin inspired him, but he felt the tech should do more than just process transactions. As a result, he built the Ethereum blockchain network. Ethereum has all the features of Bitcoin. It can process peer-to-peer transactions and store them in an immutable and decentralized way. It can also do certain things that Bitcoin can’t. For example, it can run smart contracts.

Misconceptions around “The Merge” — Ethereum’s network switch from energy-intensive proof-of-work to environmentally friendly proof-of-stake — are rampant. From social media to mainstream media, there

As the world moves to decentralized finance (DeFi), more people are utilizing the Ethereum network, making Ethereum's gas fees a topic of discussion in the Web3 space. The utility of Ethereum's ecosystem has resulted in higher gas fees and increased congestion on the network.

In the early days of the internet, if you wanted to access a website, you had to type in an IP address – a long string of numbers that identified a particular server. This was a cumbersome and error-p

Ethereum (ETH) is the second-largest cryptocurrency by market cap, a position it has occupied for years. Most people consider it the second-most important crypto project ever created. While [Bitcoin (

Navigating the Ethereum blockchain, with its vast number of transactions and intricate smart contracts, requires a reliable guide. To many, Etherscan is the answer. The tool offers insights into transaction histories, unraveling the complexities of smart contracts and providing a professional lens into the workings of the decentralized financial landscape. Read on as we explore the functionalities and advantages brought by Etherscan.

Staking has become a new buzzword in the crypto space recently. Although this concept has long existed since the introduction of Proof-of-Stake (PoS) consensus, it didn’t come into the public’s focus