Introduction to a Merkle Tree in Blockchain Technology A Merkle Tree is a data structure used in blockchain technology to verify the integrity of large data sets efficiently. In a Merkle Tree, data is organized into a tree structure. Here, each leaf node represents a specific piece of data (such as a transaction in a …
Have you noticed how a transaction ID comes post a successful transaction? Great! That’s what a nonce does but before the transaction takes place. So let’s see what’s a nonce in Web3 and how it helps blockchain technology.
I understand you’re eager to read this, but to talk about the most prominent hacks on Web3 since 2016 is an extensive list. It’s an extensive list of ~50 hacks in approximately 100 months. That’s a lot of Web3 hacks, close to 1 every 45 days on average. So, we’ll be viewing this in 4 …
Web3 Hacks: The Biggest and Prominent Web3 Hacks Since 2016 Read More »
Web3 is an idea of the new internet. A decentral and open place for the web to coexist securely. But are we really secure when everything is transparent? Let’s discover the various hacks and how cryptography helps strengthen the internet.
What Is Encryption? Encryption is the process of converting plain text into a form that is not easily understood by third parties. It protects sensitive information such as financial transactions or personal communications from being intercepted and read by others. Essentially, encryption uses mathematical algorithms called ciphers. Ciphers scramble the data in a way that …