Everything web3, crypto, defi, degen
The Shanghai upgrade is a set of changes to the Ethereum protocol that will allow users to unstake, or withdraw, their staked ether (ETH). Before the Shanghai upgrade, any ETH dedicated to staking remained locked within the Ethereum blockchain. The Shanghai upgrade will include a change to the Ethereum protocol that allows this staked ETH…
There was once a time when displaying an image of your real face on social media was standard practice. A holiday photo, a mugshot, a pic of you and your pug; these were all commonplace ways of showcasing yourself to the world. But that time has passed, and a new era of social signaling has…
Humanity has long relied on physical currency as a medium for representing and transferring value. Some of the earliest examples of coinage date back many thousands of years. The Mesopotamian shekel is widely believed to be the oldest coin. Western Asian tribes first minted the shekel – meaning “weight” – 5,000 years ago. This example…
Representing real-world assets on the Bitcoin blockchain is nothing new. Over a decade ago, projects like the Colored Coin protocol and Counterparty exchange proved Bitcoin could track items, not just units of currency, in a decentralized way. However, consensus issues prevented either project from gaining widespread adoption in the market. Ethereum quickly took over as…
A blockchain consensus mechanism is a type of automated system that aims to accomplish two objectives: Provide a distributed, leaderless way to unanimously agree on data stored on a blockchain ledger. Make sure all network validators follow the rules of the protocol and perform their roles honestly. While it may be tempting to trust a…
For the uninitiated or crypto-curious people out there, non-fungible tokens (NFTs) represent one of the more colorful sectors of the cryptocurrency industry. How is it that duplicable, oftentimes wacky pieces of digital artwork can fetch extraordinarily high prices, and why are people flocking to buy these intangible items? It’s certainly a difficult topic to get your head…
Wallets play a foundational role in crypto security and, depending on which option you choose, can often be the difference between keeping or losing funds in certain situations. There are two main types of crypto wallets you’ll need to consider: Custodial Non-custodial Each option has advantages and disadvantages and suits different needs depending on your…
Before you dive in, check out the first post in our Kraken NFT Behind the Build Series, The NFT Frontier and our second post, Kraken NFT’s Behind the Build: Global Ingenuity. NFTs go far beyond mere JPEGs. Kraken NFT is helping to establish the foundations of what’s to come for DeFi and the crypto space. This vision for…
In 2008, an anonymous researcher (or team of researchers) called Satoshi Nakamoto published a nine-page research paper entitled “Bitcoin: A Peer-to-Peer Electronic Cash System.” The document, known as the Bitcoin white paper, presented a new type of digital currency that users could use to transact without relying on financial intermediaries. Soon, people around the world discovered that blockchain…
When it comes to cryptoasset security, self-custody is unquestionably the safest way to protect your digital wealth. Self-custody simply refers to storing and securing cryptoassets by yourself, rather than relying on a third-party to do it for you. One of the most effective ways to protect your private keys and your cryptoassets is to transfer…
