Author: Ranjithkumar

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Demystifying DAG-Based Ledgers: A Comprehensive Guide

In the realm of distributed ledger technology (DLT), blockchain stands as the pioneer, revolutionizing how we perceive data management and transaction validation. However, amidst the blockchain’s dominance, a new contender has emerged: the DAG-based ledger. While blockchain employs a chain-like structure to organize data, DAGs utilize a directed acyclic graph (DAG) architecture, offering a unique […]

Ranjithkumar 
Blockchain Web3

Decentralized Identity and Verifiable Credentials : Identity in control

In today’s hyperconnected world, our digital identities have become an essential part of our lives. From accessing online services to conducting financial transactions, we rely on our digital selves to navigate the vast digital landscape. However, the current centralized approach to identity management raises concerns about privacy, security, and control. Enter decentralized identity, a revolutionary […]

Ranjithkumar 
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Understanding MEV: Maximal Extractable Value on Ethereum and How to Protect Yourself

In the realm of blockchain technology, MEV, or Maximal Extractable Value, has emerged as a significant topic of discussion. It refers to the potential profits that can be gained by manipulating the order or inclusion of transactions within blocks on a blockchain. Initially coined as “miner extractable value,” MEV has evolved to encompass the broader […]

Ranjithkumar 
Blockchain Web3

IPFS: A Simple Guide to the InterPlanetary File System

The internet, as we know it, is built on a centralized infrastructure, with data stored and accessed through designated servers. This centralized model poses several challenges, including censorship, data manipulation, and reliance on intermediaries. Enter IPFS, the InterPlanetary File System, a revolutionary protocol that aims to reshape the internet into a more decentralized, open, and […]

Ranjithkumar 
Blockchain Ethereum Web3

Decoding ERC Standards: A Comprehensive Guide to Token Standards

In the ever-evolving landscape of blockchain technology, tokens have emerged as a crucial building block, powering a wide range of applications and driving innovation. To ensure compatibility and interoperability, various token standards have been established, laying down a common framework for token creation and interaction. Among these, ERC standards stand out as the most prominent, […]

Ranjithkumar 
Blockchain Web3

Demystifying Consensus Mechanisms: The Heart of Blockchain Technology

In the ever-evolving world of blockchain technology, consensus mechanisms stand as the cornerstone of its decentralized ecosystem. These protocols, often referred to as the “heart of blockchain,” ensure that all participants in a distributed network agree on the current state of the shared ledger, maintaining its integrity and preventing fraud or manipulation. What is a […]

Ranjithkumar