231 results for 'layers in blockchain'
Layer 3 (L3) Blockchain What is Layer 3 Blockchain in Crypto? Layer 3 blockchains (L3) are highly customizable and application-specific blockchains built on top of layer 2 (L2) protocols.  They are used by decentralized applications that require customized functionality such as privacy or hyper-scalability. L3 blockchains may prioritize scalability at the expense of decentralization to fulfill their application-specific needs. […]
Tech 101 What Does The Blockchain Trilemma Look Like in 2024? Developers who specialize in applications tied to distributed ledger technology (DLT) have long dreamed of ways to overcome what is known as the “blockchain trilemma.” This inherent conflict between the technology’s three main pillars – security, scalability, and decentralization – ensures that trade-offs must be made with every new product or architecture. But if the […]
Tech 101 Top 7 Blockchain Trends in 2024: From Institutions to AI Although cryptocurrencies brought blockchain technology worldwide recognition, new enterprise and consumer use cases are emerging. According to Matt Moynahan, CEO and president of OneSpan, a digital agreements security company, more enterprises adopt blockchain in 2024 to improve transaction security, transparency, and protection from cyberattacks. “That’s especially true as more high-value business transactions are conducted online […]
Samsung Blockchain Keystore What is Samsung Blockchain Keystore? Samsung Blockchain Keystore is a cryptocurrency wallet that comes in-built on selected Samsung mobile phone models in selected countries. Samsung’s crypto wallet is a preloaded feature, which means that you do not have to download an app from the Google Play Store. The South Korean smartphone giant introduced the Samsung […]
Tech 101 Blockchain vs Deep Fakes: A Fair Fight in the Battle for Truth? Of all the fears running rampant over Artificial Intelligence (AI) these days, perhaps the most significant one is the rise of deep fakes. The technology to create false text, images, and even audio and video has evolved to the point where only fine-grained analysis can spot the frauds. But while deep fakes are usually spoken […]
Tech 101 4 Ways Society May Change as Blockchain Goes Mainstream Blockchain started as a way to trade crypto, and it has now evolved to a point where it stands to revolutionize industries worldwide. But even this does not represent the full scope of its impact. The societal changes distributed ledger technology (DLT) is likely to cause have barely been contemplated at this point, but their […]
Tech 101 Crypto Headlines of the Week: IPOs, Eye Burn, and New Players in the Market This week saw several significant developments in the cryptocurrency market, marked by the growing adoption of digital assets and increasing optimism surrounding the launch of a spot bitcoin (BTC) ETF. There were also some potentially good developments for crypto enthusiasts: For one, the SEC has come under fire from Senator Cynthia Lummis over its new policy, while Binance has […]
Tech 101 Solana Labs GameShift May Unite Web3 and Blockchain Gaming Solana Labs, the company behind the fast and scalable Solana blockchain, has recently launched the beta version of GameShift, a platform that aims to simplify the integration of Web3 features into games. GameShift promises to offer game developers a single, easy-to-use API that handles all the blockchain complexity under the hood, allowing them to focus […]
Tech 101 The Challenges and Rewards of Blockchain Identity Management One of the more challenging aspects of the digital economy is making sure that the person you are dealing with is actually who they say they are. Millions are spent every year on bolstering identity and access management (AIM), and this task is becoming more onerous as data environments migrate across data centers, cloud, and […]
Tech 101 How Blockchain Gaming Incentivizes Crypto Adoption Since its inception in early 2009, cryptocurrency has slowly but surely been growing its user base. In the early years, the technology benefited from the hype that surfaced around it, as well as a curiosity about the technology and promise of digital money. According to statistics by Triple A, the crypto industry currently has about […]