Centralized storage is easy to be attacked to steal data, and these data are easily manipulated and taken advantage of by a third party. In addition, the effects of the weather condition and natural disasters on the storage facility is also a matter of concern. And Decentralized Storage was born to solve these problems.
πYou might hear about Decentralized Storage projects before. However, can you point out the differences between each one of them?
πClick into the article's link and find out: https://techfi.tech/comparison-on-decentralized-storage-projects/
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πYou might hear about Decentralized Storage projects before. However, can you point out the differences between each one of them?
πClick into the article's link and find out: https://techfi.tech/comparison-on-decentralized-storage-projects/
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Comparison of Decentralized Storage projects
Data in general and data on the blockchain network, in particular, are increasing, forcing Centralized Storage to upgrade its data storage and retrieval capabilities continuously
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π Bitcoin is one of the most popular and valuable blockchain networks nowadays. With its reputation and net worth hitting the roof, the temptation to possess one also increased rapidly. However, news of millions of dollars worth of bitcoins getting stolen is not uncommon.
π TechFi has provided an introduction about the bitcoin security protocol and popular attacking possibilities. The summary is demonstrated in the above infographic.
π Check out the full article here: https://techfi.tech/bitcoin-security-quick-look-into-possible-attacks-on-bitcoin/
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π TechFi has provided an introduction about the bitcoin security protocol and popular attacking possibilities. The summary is demonstrated in the above infographic.
π Check out the full article here: https://techfi.tech/bitcoin-security-quick-look-into-possible-attacks-on-bitcoin/
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Through the article called "Certora Prover - Ensuring Smart Contract Security", we will guide you about the Certora feature with 3 sections: Introduction, purpose, and detailed instruction.
π Have a look at the Cetora ecosystem here: https://techfi.tech/certora-prover-ensuring-smart-contract-security/#references
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π Have a look at the Cetora ecosystem here: https://techfi.tech/certora-prover-ensuring-smart-contract-security/#references
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Certora Prover - Ensuring Smart Contract Security
Certora has been the only team that offers Prover Technology for verifying security rules,
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π― Total Value Locked (TVL) is one of the most crucial statistics, which indicates the interaction and interest rate of the investors toward the Defi projects. These numbers also support the investors in evaluating the Liquidity and the potential of the projects in the future, which can help the investors carry out the right investment decision easily. Furthermore, TVL also demonstrates the Supply and Demand of a specific Token in the crypto market.
π With the use of TVL, TechFi finds it is essential to provide the TVL of the existing Defi projects for investors to have a clear insight into which projects they should consider investing in.
π See the above infographic for a clearer insight into the TVL of each Defi project.
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π With the use of TVL, TechFi finds it is essential to provide the TVL of the existing Defi projects for investors to have a clear insight into which projects they should consider investing in.
π See the above infographic for a clearer insight into the TVL of each Defi project.
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ERC-4626 is a recently proposed Ethereum token standard, that might solve a problem that exists in DeFi: complexities in the design of money-printing tokens.
βοΈ Curious about the DeFiβs Newest Money Lego? Click here for a brief introduction π: https://techfi.tech/erc-4626-defis-newest-money-lego/
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βοΈ Curious about the DeFiβs Newest Money Lego? Click here for a brief introduction π: https://techfi.tech/erc-4626-defis-newest-money-lego/
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ERC-4626: DeFiβs Newest Money Lego
ERC-4626 is a recently proposed Ethereum token standard, developed by Joey Santoro - Founder of Fei Protocol, that might solve a problem that exists in decentralized finance (DeFi): complexities in the design of money-printing tokens.
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The DAO (Decentralized Autonomous Organization) was one of the most extensive crowdfunding campaigns ever recorded on the Ethereum network, raising 150 million USD from more than 11,000 investors. However, it was exploited as a vulnerability nearly three months later, and about $60 million was stolen.
So, how do hackers exploit the vulnerability in The DAO? Learn more here π
https://techfi.tech/lines-of-code-worth-60-million-dollars-in-the-dao/
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So, how do hackers exploit the vulnerability in The DAO? Learn more here π
https://techfi.tech/lines-of-code-worth-60-million-dollars-in-the-dao/
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Lines of code worth 60 million dollars in The DAO
DAO (Decentralized Autonomous Organization) is an open-source project launched in April 2016 and aims to create a new business model for commercial and non-profit enterprises.
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Bitcoin presently uses an agreement protocol referred to as proof-of-work (PoW). That allows the Bitcoin network nodes to agree on the state of all information recorded on the Bitcoin blockchain and prevents certain kinds of economic attacks.
Click the link to read our article and find out more interesting information here: https://techfi.tech/proof-of-work-pow/
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Click the link to read our article and find out more interesting information here: https://techfi.tech/proof-of-work-pow/
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PROOF-OF-WORK (POW)
Bitcoin presently uses an agreement protocol referred to as proof-of-work (PoW). That allows the Bitcoin network nodes to agree on the state of all information recorded on the Bitcoin blockchain and prevents certain kinds of economic attacks.
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π Blockchain technology consists of several built-in security features, such as cryptography, software-mediated contracts, and identity controls. These technologies provide significant levels of data protection and legitimacy by enabling a distributed way to verify access, validate transaction records and maintain privacy. However, the blockchain market has been common with security issues.
π Blockchain attacks come from both outside and inside factors. Many of these hackers utilize common tactics, such as phishing, social engineering, attacking data in transit, or coding mistakes.
βοΈ There are 5 reasons why the blockchain market has been a target for cybercriminals in recent years, that TechFi will inform you in the attached infographic.
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π Blockchain attacks come from both outside and inside factors. Many of these hackers utilize common tactics, such as phishing, social engineering, attacking data in transit, or coding mistakes.
βοΈ There are 5 reasons why the blockchain market has been a target for cybercriminals in recent years, that TechFi will inform you in the attached infographic.
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INTRODUCTION TO FLOW BLOCKCHAIN
πFlow is a fast, high-performance, and scalable layer-1 blockchain explicitly designed for the new generation of crypto games, Dapps, and digital assets.
πLaunched by Dapper Labs β the team behind CryptoKitties and NBA Top Shots, Flow aims to serve billions of users with fast, low-cost transactions and a good user experience by introducing multi-node architecture and its own resource-oriented smart contract language-Cadence.
π±In the article βIntroduction to Flow blockchain", we provide readers with thorough information about their strengths, drawbacks, and development potential.
π±Click HERE now for more details.
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πFlow is a fast, high-performance, and scalable layer-1 blockchain explicitly designed for the new generation of crypto games, Dapps, and digital assets.
πLaunched by Dapper Labs β the team behind CryptoKitties and NBA Top Shots, Flow aims to serve billions of users with fast, low-cost transactions and a good user experience by introducing multi-node architecture and its own resource-oriented smart contract language-Cadence.
π±In the article βIntroduction to Flow blockchain", we provide readers with thorough information about their strengths, drawbacks, and development potential.
π±Click HERE now for more details.
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The rise in the value of Bitcoin and other cryptocurrencies and the worldwide success of some large initial coin offerings (ICO) has raised public interest in developments in the digital world. One of the particularly interesting aspects of blockchain technology is decentralized consensus building, which is achieved through the application of various consensus mechanisms. Most blockchain projects use one of the three most popular consensus algorithms: Proof-of-Work (PoW), Proof-of-Stake (PoS), or Delegated Proof-of-Stake (DPoS). These mechanisms ensure that all participants have identical copies of the distributed database files.
You may not know very well about those Popular Consensus Mechanism, so let TechFi figure out for you. π Click here now.
You may not know very well about those Popular Consensus Mechanism, so let TechFi figure out for you. π Click here now.
TechFi
POPULAR CONSENSUS MECHANISMS AND COMPARISON
Most blockchain projects use one of the three most popular consensus algorithms: Proof-of-Work (PoW), Proof-of-Stake (PoS), or Delegated Proof-of-Stake (DPoS).
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Dune Analytics is a web-based platform that allows users to have a unique experience. We may, for example, see and follow blockchain data analytics and engage with this data source directly. We can also use SQL to query data, create a chart, and construct our own dashboard.
βοΈ So, what exactly is Dune? What were the goals behind its creation? What is the mechanism behind it? What method does it use to arrange data? This article will answer these questions and provide readers with profound insight into Dune Analytics. Moreover, there is also a little tutorial on building a simple dashboard and sharing it with others β‘οΈ https://techfi.tech/dune-analytics-a-powerful-tool-for-blockchain-research/
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βοΈ So, what exactly is Dune? What were the goals behind its creation? What is the mechanism behind it? What method does it use to arrange data? This article will answer these questions and provide readers with profound insight into Dune Analytics. Moreover, there is also a little tutorial on building a simple dashboard and sharing it with others β‘οΈ https://techfi.tech/dune-analytics-a-powerful-tool-for-blockchain-research/
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TechFi
Dune Analytics - A Powerful Tool for Blockchain Research
Dune Analytics is a web-based platform which is a strong tool for blockchain research.
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π―TOP TOKENS BY SOCIAL METRICS
π―Blockchain communities are critical components that shape how projects develop and operate. For that reason, building and enriching the community is the first and most favorable target of crypto projects.
π±As a result, a strong and active user community is one of the most important factors used to evaluate the success and developing potential of a project.
πLet's take a look at the top coins by average social contributors, social engagement, and social mentions in the last one month (From 17th May to 17th June 2022)
βWhat project is your favorite?
Source: lunarcrush.com
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π―Blockchain communities are critical components that shape how projects develop and operate. For that reason, building and enriching the community is the first and most favorable target of crypto projects.
π±As a result, a strong and active user community is one of the most important factors used to evaluate the success and developing potential of a project.
πLet's take a look at the top coins by average social contributors, social engagement, and social mentions in the last one month (From 17th May to 17th June 2022)
βWhat project is your favorite?
Source: lunarcrush.com
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π Every day, many users utilize crypto bridges to move millions in assets from one chain to another. However, bridges are continuously becoming more and more vulnerable due to the increasing value of tokens going through them. Many researchers have stated that bridges are one of the most potential points that can lead to the failure of crypto.
π TechFi will provide you the Top 8 most famous crypto bridge hack cases in recent years.
π Check out the infographic above!
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π TechFi will provide you the Top 8 most famous crypto bridge hack cases in recent years.
π Check out the infographic above!
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π‘ Officially launched in 2021, Trava.finance is a potential project with the unique function of pool creation.
π The report shows the project performance in May 2022, consisting of liquidation, the number of users and the total transactions.
π Check out Trava's specific statistics here βΆοΈ https://techfi.tech/may-report-of-trava-lending-report/.
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π The report shows the project performance in May 2022, consisting of liquidation, the number of users and the total transactions.
π Check out Trava's specific statistics here βΆοΈ https://techfi.tech/may-report-of-trava-lending-report/.
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TRAVA Monthly Report: May 2022
The TRAVA Protocol closed month May of 2022 with $1,119,103.93 of liquidity, in which 40.05% utilization, $23,402.73 liquidated and 1,457,871 was claimed.
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On June 5th, 20M OP token was stolen. This amount of OP was supposed to send to Wintermute by Optimism Foundation, however, Wintermute provided the address of their multisig on Ethereum, which they did not control on Optimism.
Although Wintermute lost 20M OP, Optimism continued to launch OP token on May 31st and decided to send an additional 20M OP to Wintermute as a loan.
πThe issue of whether Wintermute was being too optimistic has led to this writing. Why don't you read and show us your opinion πhttps://techfi.tech/the-exploit-on-optimism-what-if-you-are-too-optimistic/
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Although Wintermute lost 20M OP, Optimism continued to launch OP token on May 31st and decided to send an additional 20M OP to Wintermute as a loan.
πThe issue of whether Wintermute was being too optimistic has led to this writing. Why don't you read and show us your opinion πhttps://techfi.tech/the-exploit-on-optimism-what-if-you-are-too-optimistic/
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The exploit on Optimism: What if you are too optimistic?
On June 5th, 20M OP token was stolen. This amount of OP was supposed to send to Wintermute by Optimism Foundation, however, Wintermute provided the address of their multisig on Ethereum, which they did not control on Optimism.
π₯6β€3
πWith its outstanding advantages, such as increasing development speed, easy maintenance, and optimizing the use of source code, micro frontend is becoming a popular pattern for developing large frontend apps today.
πIn the article named βMicro Frontend: Current Trending Front-end Development Processβ the writer provides readers with thorough information about this new movement.
π― Check it out: https://techfi.tech/micro-frontend-current-trending-front-end-development-process/
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πIn the article named βMicro Frontend: Current Trending Front-end Development Processβ the writer provides readers with thorough information about this new movement.
π― Check it out: https://techfi.tech/micro-frontend-current-trending-front-end-development-process/
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Micro Frontend: Current Trending Front-end Development Process
The micro frontend is becoming a popular pattern for developing large frontend apps today with its outstanding advantages, such as increasing development speed, easy maintenance, and optimizing the use of source code,
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π Gala Games is a blockchain project about gaming with the target of building the biggest gaming ecosystem in cryptocurrency. It is not a single game on the blockchain but an ecosystem of multiple games with many kinds on many platforms like PC, Mac, Browser, etc.
π Gala Games is one of a few ecosystems which could stand the test of time. Gala still has far more to go in the future so that it can be considered a potential project in the GameFi world.
π― Check it out: https://techfi.tech/introduction-to-gala-games/
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π Gala Games is one of a few ecosystems which could stand the test of time. Gala still has far more to go in the future so that it can be considered a potential project in the GameFi world.
π― Check it out: https://techfi.tech/introduction-to-gala-games/
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Introduction to Gala Games
Gala Games is a blockchain project about gaming with the target of building the biggest gaming ecosystem in cryptocurrency
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