• Polkadot, Striving for a Decentralized Web Part 1

     Polkadot is a next-generation blockchain protocol that has consistently garnered attention. Development began in 2016, and the mainnet officially launched in May 2020. Polkadot raised over $140 million during its Initial Coin Offering (ICO), reflecting significant interest and investment in its vision. Gavin Wood and His Vision Gavin Wood, a co-founder of Ethereum and the…

  • Solana: Revolutionizing Blockchain with Speed and Scalability

    Solana is a high-performance blockchain platform founded by Anatoly Yakovenko in 2017. It was designed to address the scalability issues that plague many existing blockchains, providing a fast, secure, and scalable infrastructure for decentralized applications (DApps) and cryptocurrencies. The Solana mainnet launched in March 2020, quickly gaining recognition for its impressive transaction speeds and low…

  • BNB, A Model Case for Exchange Tokens

    Binance Coin (BNB) was created in 2017 by Changpeng Zhao, the founder of Binance, one of the largest cryptocurrency exchanges in the world. Initially launched as an ERC-20 token on the Ethereum blockchain, BNB transitioned to Binance’s native blockchain, Binance Chain, and later Binance Smart Chain (BSC) in 2019. This shift enabled BNB to fully…

  • EOS, Striving for an Efficient and Ideal Blockchain Part 2

    As Block.one’s role fell short of expectations, the EOS community took proactive steps to rebuild the project. The community aimed to reduce Block.one’s influence and restructure the development teams and overall organization to ensure long-term growth. This restructuring involved revising the project’s operational framework and setting new development directions to compensate for the setbacks caused…

  • EOS, Striving for an Efficient and Ideal Blockchain Part 1

    EOS was once heralded as the representative of third-generation blockchains. This project was developed by Dan Larimer, an early participant in the blockchain community who even exchanged emails with Bitcoin creator Satoshi Nakamoto. Larimer drew on his experiences from previous projects like BitShares and Steemit to ultimately create EOS. Dan Larimer’s Previous Projects Before EOS,…

  • Ethereum: Enhancing Blockchain Efficiency as the Second Generation

    Ethereum stands as the second generation of blockchain technology, aiming to enhance the efficiency of blockchain through the implementation of smart contracts. While Bitcoin prioritized trust, Ethereum introduced programmable capabilities to the blockchain. Ethereum was launched in 2015 by Vitalik Buterin. The core idea of Ethereum is to support decentralized applications (DApps) through smart contracts, which…

  • How the Internet and Blockchain Are Changing the World

    The most fundamental reason the internet revolutionized the world is that it dramatically reduced the cost of exchanging information to near zero. Before its advent, transmitting information—whether through mail, telephone, or fax—incurred substantial costs. However, with the internet, information can be shared easily and inexpensively across the globe, provided there is an internet connection. This…

  • Bitcoin: Proof of Trustless Trust in the Real World

     Bitcoin stands as the first generation of blockchain technology, proving that the concept of “trustless trust” is achievable in reality. While some criticize Bitcoin for its seemingly excessive electricity consumption in the mining process, this cost and time investment actually enhance Bitcoin’s trustworthiness. Bitcoin’s Energy Consumption and Trustworthiness The Bitcoin network consumes a significant amount…

  • The Evolution of the Blockchain Industry: From Bitcoin to the Future

    The blockchain industry has seen remarkable growth and evolution since its inception. Initially met with skepticism, this technology has now become a cornerstone of modern digital innovation.  1st Generation: Bitcoin – The Beginning of Blockchain In 2009, someone known as Satoshi Nakamoto created Bitcoin. Bitcoin was the first cryptocurrency, allowing people to trade directly without…