Gas fees are an all-too-common topic within the crypto ecosystem. You may have seen people complaining about how high the fees are for transactions on the Ethereum blockchain, or may have even experienced the problem for yourself. But what is ‘gas’ and what are these so-called ‘gas fees’? In this edition of RhinoLearn, we’re going […]
What are Ethereum Gas Fees? Ethereum Gas Explained Read More »
When crypto hit the mainstream back in the mid (20) teens, there was only one currency anyone had heard of: Bitcoin. In fact, the two terms became almost interchangeable, like Hoovers and vacuum cleaners. Bitcoin was crypto. Crypto was Bitcoin. But now Ethereum has come to rival Bitcoin, like the Nike and Adidas of blockchain
Ethereum vs Bitcoin: What’s the Difference? Read More »
The terms ‘layer 1’ and ‘layer 2’ refers to a blockchain with two distinct tiers. Layer 1 is the primary network which sets the rules for transactions and provides a central ledger, which is updated whenever any transaction takes place. Layer 2 is a network of third-party satellites. These platforms and applications are built
Blockchain Layer 1 vs Layer 2: What’s the Difference? Read More »
Smart contracts are a big part of what makes Ethereum tick. In its core structure, Ethereum is similar to Bitcoin and many other blockchains. However, Ethereum is programmable, which means you can add smart contracts on top of its existing structure. These smart contracts are self-executing programmes that are trained to perform specific
What Are Smart Contracts and How Do They Work? Read More »
