The emergence of the blockchain is, by now, known in the broader global society, far beyond merely the developer communities. Due to various advances in technology, media attention, and fundamental social interest related to money and wealth. The current economic crisis, perhaps the greatest in history, has made the issue all the more relevant, in fact crucial, for us to build out Web 3.0 and its integral layer of trust that will make way for an open-source economy.
Ethereum 2.0 will trigger a seismic shift in the crypto space. Some of the changes that this upgrade is going to trigger are:
The transition to Casper protocol
Sharding
Raiden state channels
Plasma
Raiden and Plasma are layer-2 protocols that allow Ethereum to conduct thousands of transactions off-chain in the form of state channels and side chains. Plasma, in particular, can theoretically allow a side chain to process thousands of transactions and commit just one single hash to the main Ethereum blockchain. While this sounds pretty amazing on paper, there is a significant problem here. If there is some dispute in one of these side plasma chains, there isn’t a proper mechanism that the users can use to exit the protocol efficiently.
What are CryptoKitties?
CryptoKitties is a game where you collect, breed, and even sell virtual cats for real money. Every single cat in the game is entirely unique and also impossible to replicate. One single person owns them so that no-one can take them away from him/her, and it is impossible to destroy the virtual kittens.
eWASM is one of the many innovations that Ethereum is looking to implement to make its jump to Ethereum 2.0. Many believe that eWASM will help create an ecosystem that’s fast, scalable, and flexible, encouraging developers to build complex smart contracts on top of Ethereum 2.0’s protocol. This comes in addition to the many different aspects of ETH 2.0 which our previous articles on Staking, Sharding, Ethereum Layer-2, zk-SNARKs and much more explains. So, before we go any further, let’s familiarize ourselves with Ethereum 2.0.
Compound Finance rocketed to preeminence recently as the new DeFi darling with its COMP governance token seeing massive gains. This spate of wild speculation has been accompanied not only by more traders piling on but also by funny memes and videos featuring Yield Farmers harvesting their lucrative crops.
A hash function takes in an input string of any length and gives an output hash of a fixed length. Upon hashing, you get a string of pseudo random alphabets and numbers as an output which will look like this -> 242485AB6BFD3502BCB3442EA2E211687B8E4D89.
The Dutch blockchain startup WordProof recently came in first in the European “Blockchains for Social Good” competition by the European Commission and won €1,000,000 as a result. This is yet another real-life success story showing how Ivan on Tech Academy helps people get ahead in the blockchain field.
Smart contracts have pretty much become an integral part of the “blockchain offering” alongside cryptocurrencies. However, we are at a weird conjuncture wherein we are either overestimating or underestimating the real capabilities of smart contracts. In this article, let’s gain a clear perspective of what they are and how they can revolutionize different industries and sectors as we move towards the future. So, how do smart contracts work? Let’s begin with the basics.
Blockchain wallets form the very core of the cryptocurrency ecosystem. The wallet stores your cryptocurrency, public address, and private key. While the concept itself is relatively straightforward, many little machinations are going on in the background that makes them fascinating. In this article, we will look into the following:
Absolutely. You can upgrade your plan at any time.
No worries, there are no long-term commitments or complicated contracts. If you decide that Moralis Academy isn’t right for you, you can cancel your account at any time.
No, you will be able to start your journey with a programming bootcamp where you will learn all the programming basics you need in order to continue with other courses. All you need is the right mentality.
The learning experience you get in the Academy cannot be compared to anything else out there. Youtube can bring you some of the information, even though it often is fragmented, outdated or hard to follow for beginners. We have spent the time to create a complete package that you can follow step by step, where we guide you by the hand and push you to learn and practice.
Regardless if you’re interested in switching career field, investing or just exploring cutting edge technology, the knowledge you’ll acquire here is unique, rare. After graduating from the Academy, you will be among the top 1% in terms of cryptocurrency and blockchain knowledge.
Read about our students success stories here
Are you interested in learning more about cryptocurrencies and blockchain? Good, on the Moralis Academy blockchain blog our experts cover everything there is to know about blockchain – from investing strategies to educational content. There is something for everyone here at Moralis Academy. We have over 500 informational articles that you can easily browse through with our added filters. Switch from DeFi, NFTs, and cryptocurrencies instantly or just use the search bar and find a specific article. Don’t be surprised by our constant inflow of crypto news as we cover the whole industry. We upload new content on a daily basis as the blockchain industry is continuously evolving. With us, you’ll always be ahead of the competition.
Whether it’s Ethereum news, Bitcoin news, or new altcoins, Moralis Acadamy is here to write about it. We cover everything from the top 10 list but also most of the lower market cap coins as well. The rankings are changing almost all the time with some having their own blockchain and different functions. It can be hard to monitor every corner of the crypto space but we at Moralis Academy make it easy for you. With just a click of a button, you can subscribe to our blog and get the latest posts sent to your email, and you don’t have to worry about staying up to date. If you feel that you gained something from our content, feel free to share the article and be part of growing the community together with Moralis Academy.
