The Evolution of Decentralized Exchanges
Decentralized exchanges (DEXes), together with stablecoins, lending services, and trading aggregators, constitute the fundamental building blocks of DeFi. Among these components, DEXes have risen as the cornerstone, serving as the central hub of the DeFi ecosystem. In this post, we will provide a concise overview of the evolutionary progress of DEXes since 2018. First Generation The first generation of DEXes emerged between 2018 and 2019, primarily relying on the reserve model. Under this mod...
The Evolution of Decentralized Exchanges
Decentralized exchanges (DEXes), together with stablecoins, lending services, and trading aggregators, constitute the fundamental building blocks of DeFi. Among these components, DEXes have risen as the cornerstone, serving as the central hub of the DeFi ecosystem. In this post, we will provide a concise overview of the evolutionary progress of DEXes since 2018. First Generation The first generation of DEXes emerged between 2018 and 2019, primarily relying on the reserve model. Under this mod...
![Cover image for [Research] Varieties of Proof of Stake!](https://img.paragraph.com/cdn-cgi/image/format=auto,width=3840,quality=85/https://storage.googleapis.com/papyrus_images/df39f104f7a93b721d1d34dff035d3e359944414c1ce091f256a2d7d4e429a56.jpg)
[Research] Varieties of Proof of Stake!
Blockchains require a mechanism to achieve consensus to verify transactions and the state of the ledger. One mechanism for arriving at consensus is Proof-of-Stake (PoS). Proof-of-stake protocols are a class of consensus mechanisms for blockchains that work by selecting validators in proportion to their quantity of holdings in the associated cryptocurrency. This is done to avoid the computational cost of proof-of-work schemes. With proof-of-stake (POS), cryptocurrency owners validate block tra...
[Research] Varieties of Proof of Stake!
Blockchains require a mechanism to achieve consensus to verify transactions and the state of the ledger. One mechanism for arriving at consensus is Proof-of-Stake (PoS). Proof-of-stake protocols are a class of consensus mechanisms for blockchains that work by selecting validators in proportion to their quantity of holdings in the associated cryptocurrency. This is done to avoid the computational cost of proof-of-work schemes. With proof-of-stake (POS), cryptocurrency owners validate block tra...
![Cover image for [Research] Explain MPC by basic math concepts](https://img.paragraph.com/cdn-cgi/image/format=auto,width=3840,quality=85/https://storage.googleapis.com/papyrus_images/e006d9224afd2ebf98217121e48c77587ea8866b018dfce632c654cfae11ce9b.png)
[Research] Explain MPC by basic math concepts
Cryptocurrencies have revolutionized the world of finance, offering exciting opportunities for wealth management and transactions. However, security remains a paramount concern in the realm of digital assets. To address this, Multi-Party Computation (MPC) wallets have emerged as a cutting-edge solution, leveraging the power of basic math to enhance security while managing cryptocurrency funds.Understanding the Basics of MPC WalletsAt its core, an MPC wallet is a cryptographic innovation that ...
[Research] Explain MPC by basic math concepts
Cryptocurrencies have revolutionized the world of finance, offering exciting opportunities for wealth management and transactions. However, security remains a paramount concern in the realm of digital assets. To address this, Multi-Party Computation (MPC) wallets have emerged as a cutting-edge solution, leveraging the power of basic math to enhance security while managing cryptocurrency funds.Understanding the Basics of MPC WalletsAt its core, an MPC wallet is a cryptographic innovation that ...
