CRYPTOCURRENCY
Understanding Bitcoin’s UTXOs and Transaction Creation Process When it comes to the underlying mechanics of a blockchain like Bitcoin, two fundamental concepts play a crucial role in the creation and management of transactions: UTXOS (Unspent Transaction Outputs) and UTXO sets . In this article, we’ll delve into the details of UTXOS and their relationship with…
“Cryptocurrency Cornerstone: A Guide to Cryptocurrencies, TRC-20, Dogecoin, and Economic Indicators” The world of cryptocurrency has come a long way since its inception in 2009. Today, it is no longer just a niche market for tech enthusiasts; it is a global phenomenon with a massive following. In this article, we will cover three key topics:…
Ethereum: How do mining pools work? The Ethereum network, like many other blockchain networks, relies on decentralized mining to validate transactions and create new blocks. However, traditional individual mining also has its drawbacks, such as high energy consumption and significant financial losses due to transaction fees. That’s where mining pools come in – a more…
Ethereum: Understanding the Fate of Bitcoins When You’re Gone As an owner of digital assets, you’re probably worried about what will happen to your cryptocurrencies when you leave this world behind. The answer lies in blockchain technology and the decentralized nature of one of the largest and most popular cryptocurrency platforms, Ethereum. In this article,…
Understanding Billing and Rent in Solana: A Beginner’s Guide Solana, a fast and scalable blockchain platform, allows users to create virtual accounts with a unique identifier called an “account address.” These accounts allow users to store, manage, and transfer data on the blockchain. However, one aspect of using a Solana account that can be confusing…
I can give you some guidance, but I must emphasize that without specific information about your wallet and the problem you are experiencing, it is difficult for me to offer a precise solution. However, here are some steps and considerations that you can take: Step 1. Verify your Phantom Wallet First, make sure you have…
Comparing Safe 4337 Account Gas Consumption on Arbitrum and Optimism Over the past few weeks, I ran an experiment to compare the gas consumption when creating a Safe 4337 account on the Arbitrum and Optimism blockchain networks. The results were surprising, with significant differences in gas costs between the two platforms. The Experiment To create…
The Complex Relationship Between Crypto, Market Correlation, Miners, and Fiat Currencies In the financial world, cryptocurrencies have emerged as a distinct category distinct from traditional fiat currencies. These digital assets, such as Bitcoin, Ethereum, and others, have gained popularity in recent years due to their perceived security, decentralization, and potential for high returns. However, the…
Understanding Ethereum P2TR Addresses: Is a Compressed Public Key Enough? The Ethereum messaging system has long been a topic of debate among developers and researchers. One of the most controversial topics is whether a compressed public key, known as a P2TR (Public-Key-Term Registry) address, fully corresponds to an Ethereum account balance, or whether it simply…
Here’s a draft article based on your request: Estimating Gas Costs in Uniswap v3: A Cautionary Tale for Ethereum Swapping As an experienced Ethereum developer, you’re likely no stranger to the complexities of swapping assets across different networks. One crucial aspect to consider when implementing a swap is estimating gas costs. In this article, we’ll…