Are you an Ethereum 2.0 expert now? Test your knowledge and earn a Nexus Badge upon a 100% score on the quiz! Start below!
Ethereum is the largest general-purpose blockchain in today’s market since its launch in 2015. More than 1,400 Ethereum projects are being built. The upgrade will roll out in three phases – Phase 0, 1, and 2. Ethereum 2.0 will be launched in 3 phases: Phase 0- Beacon Chain Phase 1- Shards Phase 2- Execution The […]
The most important advantage of Ethereum 2.0 is its scalability. Ethereum 2.0 will have shard chains due to which it can conduct up to 10,000 transactions per second whereas Ethereum can support only 30 transactions per second. This also leads to a lot of delays and network congestion which will not be the case in […]
The major difference between Ethereum 2.0 and its counterpart is the consensus mechanism that they use. Ethereum uses a proof-of-work (PoW) mechanism, while Ethereum 2.0 uses a proof-of-stake (PoS) mechanism. The proof-of-work mechanism is an energy-intensive process in which complex mathematical puzzles are decoded by miners with the help of computer hardware processing power. This […]
The merge is an upgrade to the Ethereum Network which improves the speed, efficiency, and scalability of the network. This will take Ethereum to new heights as it will be able to drastically more transactions, alleviating congestion, and high gas costs on the Ethereum network. Upon reaching the final phase of the upgrade, dubbed “phase 2”, Ethereum […]
Ethereum is open access to digital money and data-friendly services for everyone – no matter your background or location. It’s a community-built technology behind the cryptocurrency ether (ETH) and thousands of applications you can use today. Banking for everyone Not everyone has access to financial services. But all you need to access Ethereum and its […]
Ready to test your newfound crypto knowledge? First 2000 submissions with 100% correct answers on the quiz will earn $10 worth of MATIC in reward tokens. Get started below!
Now that we know how to create an ERC20 token smart contract on the Polygon network, it is time for how to create an NFT smart contract. Requirements: 1. Node.js v14.17.6 LTS or higher, for installing HardHat and other node packages. 2. MetaMask for interacting with the blockchain. Creating Polygonscan API key It is important […]
Now that we know the fundamentals of Polygon and how all the tools come together, we will now venture into the technical side of things and learn how to transfer ERC-20 tokens into the Polygon network. This is a step-by-step tutorial guide on how to transfer ERC-20 custom token to the Polygon chain using the […]
This guide will teach you how to create an ERC20 token on the Polygon network. The first step is to get a polygon node. You can get a Polygon node through Moralis.io. Moralis is a leading Web3 development platform for building high-performance dapps. Go to the speedy nodes tab and add both the mainnet endpoints […]
Network Explorer Basics Network explorer or more commonly known as blockchain explorer is an essential component of Web3.0. It draws data from the on-chain and presents it in a way that is easy to digest. It allows users to track transactions, blocks, wallets, and other on-chain data from a high level. The most popular network […]
Those that are familiar with Ethereum developer’s tool, can start straight away because all the tools are supported on Polygon. Some of the commonly used tools include OpenZeppelin, Remix, Alchemy, Hardhat, and Chainstack. Alchemy Alchemy is the best place for beginners to start learning about smart contracts. It is a one-stop-shop blockchain developer platform that […]