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What are the types of ERC Tokens?

  In recent times virtual currency is emerging trends and businesses are utilizing crowdfunding for their business developments. Ethreum token development is one of the Crowdfunding ways where the tokens are developed on the ethereum network. What is Token? A token is a code that has a specified value on it, it is token on stake, service, redeem that it meet its value. Tokens are entities that carry value defined on it by the parties involved in the transaction. Tokens are not currency instead it is created and issued on the Blockchain platform for crowdfunding and it is issued by the company owners to their investors or shareholders. Examples of cryptocurrencies are Bitcoin, Bitcoin Cash, and Ethereum.  Ethereum has various token with different smart contract standards like  ERC20, ERC721, ERC777, ERC827, ERC223, and much more.  The ERC tokens are usually used for crowdfunding (ICO) to make funds for a business. Types of Ethereum Token ERC 20 Token ERC 20 is the official token created

What are the Benefits of using Smart Contracts?

  A smart contract is a code for monitoring transactions handling digital currency and assets among parties. It qualifies to be a contract since rules are monitoring what happens under various circumstances. The accomplishment of a smart contract is automatic in satisfying all conditions. Cancellation happens once the terms of the contract are not met and asset exchange doesn’t happen. The algorithm secures properties for both parties in the contract to assure no losses. Smart contracts on the blockchain platform  have various advantages. . smart contract code is transparent, decentralized avoiding the third party on the Blockchain. More of the smart contracts are on Ethereum Blockchain. Creating an Ethereum smart contract requires using Solidity language.    Benefits of Smart Contracts   Quick and precise process   Smart contracts are fast and reliable as it is digital and automated.  It works smartly and saves the time used for processing paperwork. there are smart contracts that are

𝐄𝐭𝐡𝐞𝐫𝐞𝐮𝐦 𝟐.𝟎 – 𝐓𝐡𝐞 𝐌𝐚𝐣𝐨𝐫 𝐔𝐩𝐠𝐫𝐚𝐝𝐞 𝐨𝐟 𝐄𝐭𝐡𝐞𝐫𝐞𝐮𝐦 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 𝐍𝐞𝐭𝐰𝐨𝐫𝐤.

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Ethereum 2.0   ( “ Serenity ” ) is an upgrade to the Ethereum Network which improves the   speed, efficiency, and scalability   of the network. This will take Ethereum to new heights as it will be able to drastically more transactions, alleviating congestion, and high gas costs on the Ethereum network. Upon reaching the final phase of the upgrade, dubbed “ phase 2 ” , Ethereum will meet her goals of becoming a transparent and open network for decentralized applications and finance (De F i).     Ethereum 2.0 will involve sharding to   drastically increase network bandwidth and reduce gas costs , making it cheaper to send Ethereum, tokens, and interact with smart contracts. There will be   fundamental economic changes   too, Ethereum 2.0 will allow supports to staking nodes and earn Ethereum as passive income.     In many ways, Ethereum 2.0 is the combined effort of thousands of developers who worked for years. The Ethereum 2.0 upgrade will be done in 3 distinct phases, starting with Pha

Benefits of OTT Video Streaming App

  In the current scenario, the OnDemand economy is revolutionizing the traditional business. Peoples are staying at their homes due to the Covid19 pandemic, people need refreshing entertainment to come out from the stress. Nearly more than 500 scripts have been released on OTT in this year. Starting an OnDemand OTT video app would be an amazing idea to start a trendy business in this situation.  Let us discuss the OTT APP, What is OTT App? OTT App is a Platform delivering the user demanding media to the user on their device over the internet. OTT Platform is a streaming video to the user device as per the user's demands. OTT platform delivers the various types of media to the users. It can be of streaming video content, audio content, audio-calls, and messages.  Why should you start an OTT App? According to the survey, it states that the OTT service has been growing tremendously like $ 6.1 billion in 2010, $ 104.11 billion in 2019 to $161.37 billion in 2020. It is expected to reach

What are the benefits of Native and Hybrid mobile apps?

  Native apps are developed for specific platforms and they run on the specified platforms they are built for. There are native apps like Android, iOS, Windows, and Blackberry. The android app is developed using Java and Eclipse, iOs app is coded using Objective-C and Xcode. These apps provide excellent efficiency while running on their platforms and they cannot run on other platforms. In case of HTML5 web apps where they are built using HTML5, JavaScript, & CSS. As it cross-platform app they can run on multiple OS and don't need a separate coding for various devices. Comparing to native apps they are quite low on cross platforms as they are built using standard technologies. Hybrid Apps that have combined features of native and web apps with robust features. Hybrid apps created internally within a native technology container on the outside. There are various types of hybrid apps, we will see about the Xamarin hybrid app.   Native Apps Development Native apps are developed by t