INTRODUCTIONMany of us, both as individuals and as businesses, utilize globally unique IDs in several situations. They're used as phone numbers, email addresses, social media usernames, ID numbers (for passports, driver's licenses, tax IDs, and health insurance), and product identifiers (serial numbers, barcodes, RFIDs). URIs (Uniform Resource Identifiers) are utilized

In this article, we will learn about EVM, short for Ethereum Virtual Machine, about which you must have heard if you’ve ever developed a smart contract on the Ethereum blockchain network. Virtual machines are the level of abstraction between the executing code and the executing machine. This layer is

The so-called blockchain technology or "Distributed Ledger Technology" (DLT) has developed rapidly in recent years. In particular, the rise in the value of Bitcoin and other cryptocurrencies and the worldwide success of some large initial coin offerings (ICO) has raised public interest in developments in the digital world. One of

Bitcoin presently uses an agreement protocol referred to as proof-of-work (PoW). That allows the Bitcoin network nodes to agree on the state of all information recorded on the Bitcoin blockchain and prevents certain kinds of economic attacks.

Bitcoin is a set of concepts and technology that serve as the foundation for a digital currency ecosystem. The Bitcoin network uses bitcoins as a unit of money to store and transmit value.

The term "peer-to-peer" or P2P is used to refer to one of the most important characteristics of the bitcoin network, which means each computer takes part in the network as a node, and they are peers to each other.

There will be a suitable type of token on the Ethereum network, depending on business logic. Up to now, many types of token standards have been deployed. One of the most popular token standards is ERC-20.

While Bitcoin is focused on cryptocurrencies, Ethereum goes a step further by providing a virtual machine and smart contracts that enable users to implement decentralized applications.