Samuel Okediji

Fractional NFTs (ERC-721): Understanding the Next Frontier in Digital Assets

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Non-fungible tokens (NFTs) has played an important role in recent years, mostly getting most of its PR via high market demand. Unlike traditional crypto assets, these blockchain-secured tokens called NFTs stand out due to their non-fungibility, a characteristic that denotes uniqueness. Such distinctiveness means that, unlike typical assets, one NFT cannot be easily exchanged for …

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Understanding Smart Contracts: A Comprehensive Guide

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In the rapidly-evolving world of blockchain and cryptocurrencies, smart contracts have emerged as a revolutionary tool. They promise automated, transparent, and secure transactions. But what exactly are they? Dive into this guide to grasp the essence of smart contracts and their potential impact on various industries. Prerequisites Introduction In the digital age, trust is a …

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What are EVM-Compatible Blockchains?

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Introduction Ethereum Virtual Machine (EVM) compatibility has emerged as a pivotal stepping stone, as demonstrated by some of the most popular blockchains today, including Avalanche, Binance Smart Chain, Fantom Opera, and Polygon. In this guide, we will delve deep into the concept of the Ethereum Virtual Machine, explore its use cases, and understand the significance …

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Understanding EIP 4844: A Beginner Guide

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Introduction:  In the world of blockchain technology, Ethereum has been actively working on solutions to accommodate its expanding user base, enhance transaction throughput, and reduce costs. To facilitate long-term scalability, Ethereum has embraced the concept of data sharding. As part of this journey towards full sharding, Ethereum Improvement Proposal 4844 (EIP-4844) has been introduced. This …

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What is ERC7265: Enhancing DeFi Security with a Circuit Breaker

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The decentralized finance (DeFi) space has experienced a surge in security breaches, posing significant risks to user funds and protocol integrity. To address this growing concern, members of the Ethereum community have proposed a new standard known as ERC 7265. This standard aims to bolster DeFi security by introducing a “circuit breaker” mechanism into smart …

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Decipher: The Future of Smart Contract Documentation

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Blockchain development can be quite challenging and complex, and the documentation of smart contracts plays a significant role in enhancing transparency, promoting knowledge sharing, facilitating compliance, and ensuring security. As the use of smart contracts sees an unprecedented surge, the demand for comprehensive documentation becomes more vital than ever. Amid this pressing need, Bunzz is …

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