What is Lazy minting?
Lazy Minting is a process by which creators can avoid paying gas fees to mint their NFTs. When the creator lazy mint, he/she can list their item for sale on OpenSea, but it’s not actually written to the blockchain yet. When someone buys their NFT, the mint and the sale are combined into one transaction, […]
AWS Blockchain Services
Amazon Managed Blockchain Amazon Managed Blockchain is a fully managed service that makes it easy to join public networks or create and manage scalable private networks using the popular open-source frameworks Hyperledger Fabric and Ethereum. Blockchain makes it possible to build applications where multiple parties can execute transactions without the need for a trusted, central authority. Today, building a […]
“Decentralized Finance and its role”
“Bitcoin is solid than compared to fiat money”-Elon Musk Decentralization means for a particular task or a process there is no central authority or a person who is managing the process but the participants look out whether the process is going as intended or not. For understanding the need of Decentralized Finance (referred as DeFi), […]
Types of Blockchain
Mainly Blockchain is classified in 3 types: – (1) Public(2) Private(3) Consortium (1) PublicPublic Blockchains have ledger visible to everyone on the internet and anyone can verify and add a block of transactions to block chain.(2) PrivatePrivate blockchains allow only specific people in the organisation to verify and add transaction blocks but everyone on the internet are […]