Investing in Itheum
IntroductionPersonal data is a highly debated topic in the modern world. Web 2.0 applications are built on internet infrastructure that utilizes users’ information. Applications and websites improve their products by capturing users’ information and opinions. Social media platforms and search engines sell user data to companies seeking to maximize the value of users for their businesses through highly targeted ads and predictive analytics. All major centralized players such as Facebook, Googl...
Investing in Itheum
IntroductionPersonal data is a highly debated topic in the modern world. Web 2.0 applications are built on internet infrastructure that utilizes users’ information. Applications and websites improve their products by capturing users’ information and opinions. Social media platforms and search engines sell user data to companies seeking to maximize the value of users for their businesses through highly targeted ads and predictive analytics. All major centralized players such as Facebook, Googl...
Let’s Talk — Layer 2 Solutions
IntroductionIn recent times, the usage of layer-2 solutions has been on the rise. Since the start of April 2021, the number of transactions happening on the Polygon Network (a layer-2 solution) has increased from 200k per day to 6mn on a daily average (shown in the chart below), peaking at 9mn in the middle of June. This also signifies a jump from ~5% to ~85% network utilization in nearly 5 months. At the same time, the total number of unique addresses on the Polygon Proof-of-Stake (PoS) chai...
Let’s Talk — Layer 2 Solutions
IntroductionIn recent times, the usage of layer-2 solutions has been on the rise. Since the start of April 2021, the number of transactions happening on the Polygon Network (a layer-2 solution) has increased from 200k per day to 6mn on a daily average (shown in the chart below), peaking at 9mn in the middle of June. This also signifies a jump from ~5% to ~85% network utilization in nearly 5 months. At the same time, the total number of unique addresses on the Polygon Proof-of-Stake (PoS) chai...
Ethereum Upgrade — EIP 1559
IntroductionDecentralized technology has made great strides in the last decade, slowly gaining wider acceptance in the global consciousness. A big challenge remains in the growth of this sector, the process of staging upgrades. In a centralized company, the decisions are taken by the team internally, and the general public does not have a say in the growth and direction of said company. However, this hurts a decentralized protocol like Ethereum as millions of people are running Ethereum nodes...
Ethereum Upgrade — EIP 1559
IntroductionDecentralized technology has made great strides in the last decade, slowly gaining wider acceptance in the global consciousness. A big challenge remains in the growth of this sector, the process of staging upgrades. In a centralized company, the decisions are taken by the team internally, and the general public does not have a say in the growth and direction of said company. However, this hurts a decentralized protocol like Ethereum as millions of people are running Ethereum nodes...
