Ethereum (53)

Bitcoin ordinals took the Web3 world by storm following their introduction in January 2023. The adoption of ordinals has been massive, with millions of inscriptions being created in the few months since launch.

Many believe that Polygon 2.0 could significantly change the landscape for decentralized application (DApp) development, opening up DApps to a wider global audience. The latest iteration of the technology is faster, cheaper, and more scalable than ever.

Authored by Kiwi Yao, researcher @OKX Ventures The simplicity account abstraction (AA) brings to Web3 onboarding has seen the number of registered accounts soar during 2023. That could signal a bright future for Web3's mainstream adoption, as fresh use cases bring others into the latest iteration of the web. But what does the growth of account abstraction look like exactly, and what's caused it's recent emergence?

To many, Decentralized Physical Infrastructure Networks (DePIN) could be a significant catalyst for reshaping how our interconnected world functions. An alternative to traditional centralized systems, DePIN works towards a future where physical infrastructure — from communication networks to energy grids — operates on principles of decentralization. This paradigm shift has the potential to bring about increased robustness, security, and novel possibilities in artificial intelligence (AI), blockchain, and the broader cryptocurrency ecosystem.

Authored by Kiwi Yao, researcher @OKX Ventures Account abstraction (AA) has been a hot topic recently in the crypto space for it's game-changing influence on managing individual accounts on Ethereum . By simplifying numerous pain points, this might be the proposal that lowers the barrier to entry for non-crypto natives. These benefits include decoupling transaction sources from signatures and giving users more flexibility in account security.

Authored by Kiwi Yao, researcher @OKX Ventures Since September 2021, when Vitalik Buterin proposed EIP-4337, the concept of account abstraction has been gradually introduced into mainstream Web3 wallets. OKX Ventures takes the origin of this concept as a starting point and systematically reviews the past, current status, and future opportunities of account abstraction.

Authored by Kiwi Yao, researcher @OKX Ventures The biggest obstacle to widespread crypto adoption is making the processes too complex. For instance, when a user's private keys are lost, their digital assets are gone forever. This could discourage many people from considering getting into crypto.

Layer-2 (L2) solutions help to enhance Ethereum's scalability, making it more accessible to a larger audience. Two notable L2 options are Optimistic Rollups (OP) and Plasma (POL). OP allows fast off-chain transactions by assuming their validity unless challenged.

Mantle Network is a pioneering modular Layer-2 solution designed to help scale the Ethereum network efficiently, handling more transactions faster than before. The tool achieves this by bundling transactions together using technology, reducing gas fees and speeding up transaction times.

Authored by Kiwi Yao, researcher @OKX Ventures Multi-chain account abstraction (AA) solutions are a new and innovative way to interact with multiple blockchains. They allow users to create and manage accounts on multiple blockchains without having to worry about the underlying technical details, like having enough of the native tokens for gas payments. This makes it much easier for users to get started with blockchain technology and to use multiple blockchains simultaneously. There are two main types of multi-chain AA solutions: native support and ERC-4337 compatibility.

Authored by Kiwi Yao, researcher @OKX Ventures When combined, smart accounts and intent create a powerful tool that allows you to manage your digital assets more efficiently. The ERC-4337 standard enables third parties to process order flows for you. This makes it simpler to carry out tasks while also improving scalability. The alliance between smart accounts and intent paves the way for more advanced interactions in the future.

What are inscriptions? Inscriptions are a powerful new method of storing images, videos, audio, text, and code directly on a blockchain. Similar to NFTs, you can view inscriptions as digital artifacts. For example, if we were to examine ordinals, the metadata is encoded on a satoshi, the smallest unit of . Ordinals are a means of tracking individual satoshis, which you can attach data to the blockchain by inscribing them directly on chain.

 Ontology is a fast, secure, and accessible layer-2 public block

Blockchain technology has revolutionized the way we conduct transactions and store data securely. However, one major challenge that blockchain faces is scalability . As the number of users and transactions on a blockchain network increases, the system becomes slower and more expensive. This scalability challenge has hindered the widespread adoption of blockchain technology in various industries.

In the 21st century, social media underwent a revolution. Platforms like Friendster, MySpace, and later Meta reshaped how we connected and shared online. As the years went by, the trend shifted towards mobile-centric platforms like Instagram, X, Snapchat, and TikTok, further expanding the boundaries of online interaction.

Without a doubt, one of the biggest trends in the cryptocurrency industry throughout 2021 has been nonfungible tokens. Prices of blockchain-based collectibles, artwork, GameFi assets and other virtual items have gone through the roof — leaving many on the sidelines scratching their heads. In this OKX Insights in-depth examination, we look closely at the NFT phenomenon and the value propositions of the most successful collections. 

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is expected to launch its much-anticipated ETH 2.0 upgrade in the second half of 2020. The upgrade marks a major shift for t

Decentralized autonomous organizations are fast becoming the favored governance model of the crypto-native. From decentralized finance protocols to collectors of digital artwork and legal experts specializing in crypto-related matters, distributed decision-making is evolving and threatening to make traditional, top-down organizational models obsolete.

An in-depth consideration of Ethereum’s position as the dominant smart contract network (and how its scaling woes may threaten it) Beyond metaverse mania and NFT madness, one of 2021’s dominant themes

As the world moves to decentralized finance (DeFi), more people are utilizing the Ethereum network, making Ethereum's gas fees a topic of discussion in the Web3 space. The utility of Ethereum's ecosystem has resulted in higher gas fees and increased congestion on the network.

Misconceptions around “The Merge” — Ethereum’s network switch from energy-intensive proof-of-work to environmentally friendly proof-of-stake — are rampant. From social media to mainstream media, there

In the early days of the internet, if you wanted to access a website, you had to type in an IP address – a long string of numbers that identified a particular server. This was a cumbersome and error-p

Ethereum (ETH) is the second-largest cryptocurrency by market cap, a position it has occupied for years. Most people consider it the second-most important crypto project ever created. While [Bitcoin (

One of the primary aspects of any blockchain is its consensus algorithm or consensus mechanism. This is simply a name for the system used to achieve agreement among participants regarding the network's state. As you know, in decentralized networks, there’s no central authority. As a result, any decision needs to be made by the community through a voting process. The cryptocurrency industry initially had the Proof of Work (PoW) algorithm, which launched with Bitcoin. Later, it developed a different approach called Proof of Stake (PoS). However, PoS also got modified in time.