Published in Coinmonks·2 days agoHow to find your NFT's metadataBy now, we've all heard of NFTs. While trading volumes are down bad, just as the average portfolio (at least we're not Saylor or Nayib level down bad), NFTs remain a promising technology. Proving ownership for digital assets can be helpful beyond just rocking that PFP on Twitter. Certificates, access…Nfts6 min read
Published in Minima·5 days agoErgo vs. MinimaBitcoin is the most famous Proof-of-Work blockchain but by far the only one. In its early days, it experienced various forks that gave birth to the likes of Bitcoin Cash or Litecoin. And even nowadays, where most new protocols run Proof-of-Stake, some, like us, chose Proof-of-work for its fairness and…Learn7 min read
Published in Minima·Jun 28Contagion in TradFi & DeFiIn 2008 Lehman Brothers, one of the biggest banks, triggered a worldwide financial crisis. It started with one bank being unable to pay its liabilities, which sent ripple effects across the entire financial system and the globe. This phenomenon is also called contagion. In this post, we uncover what it…Learn6 min read
Published in Minima·Jun 16Let’s talk about liquidityand why you should care — Recently, the market hasn’t been kind to anyone new to the space. If you’ve been in crypto for a while, you’ve seen downturns. They are part of the ride and helpful in flushing out the actors who have not built sustainable business models. This time, the scale is simply more…Learn8 min read
Published in Minima·Jun 9Mina vs. MinimaOne protocol we’re often confused with is Mina Protocol. So in this post, we will dedicate time to explaining how Mina works and how it’s different from Minima outside of just having two letters less in the name. Let’s start with a broad introduction to Mina. What is Mina? In mid-2017, Evan Shapiro…Learn8 min read
Published in Minima·May 30Polygon vs. MinimaIf you have ever used Ethereum-based dApps, you’re likely familiar with, at times, outrageously high gas fees and long waiting times. It’s not surprising that the Layer-2 ecosystem around Ethereum has been thriving as users try to get off the expensive mainchain. One scaling solution that has done exceptionally well…Blockchain8 min read
Published in BLOCK6·May 27What’s Pocket Network?Disclaimer: Truth be told, of course, when working for an L1, your job isn’t to shill other L1s. And it’s not what I intend to do with this post either (you will learn Pocket is also not a true L1). However, I think there’s a lot to be learned from…Pocket Network8 min read
Published in Minima·May 26CAP Theorem and BlockchainWhen you read about Blockchain, one of the first explanations might include something along the lines of a “distributed network of nodes.” But Blockchain isn’t the first such network. Distributed systems existed long before it. A distributed system is a network that stores data on more than one node in…Cap Theorem7 min read
Published in Minima·May 18Avalanche vs. MinimaWhen DeFi enthusiasts look for protocols to deploy their funds, swap tokens or play crypto games, they now have various blockchain ecosystems to choose from. One of them is Avalanche, which has quickly grown to be the 3rd largest DeFi ecosystem with $9.61 …Minimavs6 min read
Published in Minima·May 11Scaling with sidechains and state chainsOur last blog post on scalability details solutions like the plasma chain, state channels, and the Lightning Network that help blockchain networks scale. However, more scaling solutions are out there, which can also be applied to Minima. The plasma chain introduced previously is already a form of sidechain, but since…Learn7 min read
