KBA Archives - Page 3 of 10 -

November 8, 2022 Blockchain, KBA siteadmin

Snapshot of India’s Web3 Talent Ecosystem

While the centralization helped onboard billions of people to the World Wide Web, creating a stable, robust infrastructure, the choice of a handful of centralized entities to have a stronghold on large swathes of the World Wide Web created some dilemmas. The decision-making power, unilaterally deciding what should and should not be allowed, built distress among users, thus and proposed to call for Web3 to embrace decentralization. Web3 embraced decentralization by getting built, operated and […]

November 7, 2022 Blockchain, Ethereum, KBA siteadmin

Breaking Down Ethereum & Scalability: Layer 2 (L2) Sidechains

Ethereum is renowned for its programmability and is currently home for approximately 3000 DApps and 5000 smart contracts. Though this number calls for a big shout out, it could have been much more extensive. The dearth in blockchain such as scalability, cost and relaxed transactions are capping the DApps from choosing Ethereum. What next?? Thanks to the blockchain fanatics. Researchers in the domain have come up with various ideas to solve the scalability issue. Some straight suggestions are: changing the consensus mechanism, optimizing […]

October 13, 2022 Blockchain, KBA, Metaverse admin

Blockchain and The Metaverse: An Entangled Link

With the maturing of blockchain technology, many concepts that early existed as theories are now starting to take shape. The blockchain products such as cryptocurrencies and NFTs have made it possible to build a fully functioning economy inside a virtual world where you can buy and sell any virtual assets. A lucky few have proactively figured out how to rake in boatloads of cash by selling virtual lands, digital art objects, etc. Now the latest […]

June 22, 2022 Blockchain, Ethereum, KBA admin

Ethereum 2.0: A Brief Encounter

The Ethereum ecosystem is growing by leaps and bounds, thanks to surging popularity of DApps in areas like finance (decentralized finance, or DeFi apps), arts and collectibles (non-fungible tokens, or NFTs), gaming, and technology. The home to the world’s second-largest cryptocurrency, ether (ETH), Ethereum is the hottest platform in the world to allow individuals and companies to do much more than just money transfer between entities. Imagine that a skeleton is given to you and […]

June 15, 2022 Blockchain, KBA, Smart Contract admin

The Story Of An Ethereum Smart Contract

n 2008, when Satoshi Nakamoto introduced bitcoin- the decentralized currency, it raised some red flags. It experienced some significant highs and lows before settling itself in the seat of a preeminent cryptocurrency in the world. Now 13 years old, bitcoin is the most popular and lucrative digital currency. All thanks to its supply and demand economics. The success led to the evolution of many new cryptocurrencies and products, making bitcoin supercilious. With time, people began […]

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