Author: Kryptonews
ERC-721 is the standard smart contract interface for creating non-fungible tokens (NFTs) on the Ethereum blockchain. This protocol ensures interoperability between different applications and platforms, making NFTs widely compatible across digital marketplaces, wallets, and decentralized applications (dApps). Below, we break down the technical components and functionalities that power NFTs: Core Components of ERC-721 At its core, the ERC-721 standard includes several key variables and functions that make NFTs unique and tradable: name & symbol: These functions return the name and ticker symbol of the NFT contract, similar to ERC-20 tokens. totalSupply: Returns the total number of NFTs managed by the…
Okay, here’s an article designed to be general and beginner-friendly, using H2 headings, and without including a title in the content itself. Welcome to the world of simplifying experiences! Whether you’re tackling a new hobby, learning a complex subject, or even just trying to streamline your daily routines, having a beginner-friendly approach can make all the difference. This article will explore the principles and benefits of keeping things simple, and why it works better for most people with a wide range of interest and experiences. Embracing Simplicity: What Does it Mean? Being "beginner-friendly" or "general" is all about stripping away…
Top NFT Collections (Last 24h) Here are the hottest NFT Collections of the day. Rank Name Volume Transactions Chains URL 1 CryptoPunks 966.38 ETH 20 ethereum View 2 Courtyard.io 315.36 ETH 9463 polygon View 3 Pudgy Penguins 130.66 ETH 12 ethereum View 4 Azuki 121.08 ETH 43 ethereum View 5 SMB Gen2 0.00 ETH 83 solana View 6 Lil Pudgys 95.85 ETH 72 ethereum View 7 Memeland Captainz 86.83 ETH 112 ethereum View 8 The Baby Bears 85.89 ETH 4 ethereum View 9 Vegetable flowers 83.11 ETH 899 polygon View 10 Unidentified contract – 6tv178y1g5 80.84 ETH 75 polygon View…
Key Takeaways:Solana formed a megaphone chart pattern with a potential $210 price target. Solana’s ecosystem growth highlights renewed investor interest with a $4 billion realized cap increase and 731 million transactions.Solana (SOL) price tested its key resistance at $180 earlier this week, but the altcoin failed to establish a position above the level. Over the past few days, SOL has consolidated above the $170 mark, but prices have dropped 5.65% since May 14.Including the recent minor dip, Solana has formed a megaphone pattern on the 4-hour chart, a classic technical setup indicating increasing volatility. Solana 4-hour chart. Source: Cointelegraph/TradingViewThe chart…
The cryptocurrency market has witnessed significant volatility in recent months, with meme coins like BONK experiencing many price swings. After a remarkable rally in late 2024, BONK has undergone a major correction. Currently trading at $0.00001316 with a slight decrease of 0.28% in the past 24 hours. Will the BONK price manage to reach $0.000019 with a breakout rally? BONK Price Analysis Bonk saw a sharp rally in November-December 2024, hitting a high of around $0.00005380. After this peak, the price went into a correction phase and dropped by more than 75%. Recent price action indicates that BONK has created…
Blockchain gaming user activity dipped and funding slowed in April, but the overall ecosystem is healthier and maturing, according to blockchain analytics platform DappRadar.User activity dropped 10% over April, with blockchain gaming reaching a 2025 low of 4.8 million daily Unique Active Wallets, DappRadar analyst Sara Gherghelas said in the platform’s April Games Report.Gaming dominance over the decentralized app industry also fell and is now tied with decentralized finance at 21%. Gherghelas said it’s clear user attention is shifting away from gaming, but under the surface, new infrastructure went live, major publishers doubled down, and high-quality games edged closer to launch.Source:…
Bitcoin and Ethereum dominate the cryptocurrency landscape, often mentioned in the same breath yet fundamentally different in their purpose and design. Understanding these distinctions is crucial for anyone looking to invest in or learn about the world of blockchain technology. While both utilize blockchain, a distributed and immutable ledger, their applications and future ambitions diverge significantly.## Bitcoin: The Decentralized Digital GoldBitcoin, created in 2009 by the pseudonymous Satoshi Nakamoto, was conceived as a peer-to-peer electronic cash system. Its primary goal is to act as a decentralized, censorship-resistant store of value and medium of exchange, independent of traditional financial institutions and…
Introduction to ERC20 Tokens The Ethereum blockchain has become the dominant platform for creating and issuing digital tokens due to its flexibility and decentralized nature. At the heart of this token ecosystem lies the ERC20 standard, a set of rules that ensures interoperability between different tokens and smart contracts. Understanding ERC20 is crucial for anyone involved in decentralized finance (DeFi), non-fungible tokens (NFTs), or blockchain development. What is ERC20? ERC20 (Ethereum Request for Comments #20) is a technical standard for implementing tokens on the Ethereum blockchain. It was proposed in 2015 by Fabian Vogelsteller and Vitalik Buterin to provide a…
Arbitrum has announced a $10 million investment into blockchain gaming through its newly formalised venture initiative, Arbitrum Gaming Ventures.The capital is being deployed as part of a broader $200 million programme funded by the Arbitrum DAO and is focused on supporting early-stage projects building within the Arbitrum ecosystem, marking the first major tranche under the programme and includes participation from venture capital firms Paradigm, Framework Ventures, and BITKRAFT.Five projects have been selected for funding, covering both game development and infrastructure. Source: ArbitrumWhat is the investment for?The $10 million allocation is intended to support projects working on games, publishing platforms, and…
Introduction to Blockchain Governance Blockchain governance refers to the mechanisms and frameworks that enable decentralized decision-making within blockchain networks. Unlike traditional centralized systems, blockchain governance models distribute authority among stakeholders, often through voting processes and predefined rules. This ensures transparency, fairness, and community-driven evolution without reliance on a single governing body. Different blockchain networks employ various governance models, each with its strengths and weaknesses. Some rely on on-chain voting, where decisions are made directly on the blockchain through smart contracts, while others use off-chain mechanisms combined with on-chain execution. As blockchain technology continues to evolve, governance models are becoming increasingly…
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