Web3 insights for today and tomorrow

ERC-6900: Modular Account Abstraction Explained Like a RPG Character

Read this article to see how modular account abstraction can be explained like a RPG character in a video game! If you grew up playing video games or still play video games, you’ve probably played a role-playing video game (RPG) before. It could be an MMORPG (massively multiplayer online role playing game) like World of Warcraft, RuneScape, and MapleStory or an offline fantasy RPG like the classic Final Fantasy series. If you haven’t played a RPG before, here’s a quick…
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erc-6551 NFT utility

How ERC-6551 Empowers NFT Utility: From NFT to Token Bound Account

Find out why ERC-6551 is a game-changer for NFT utility! Remember NFTs? The bear market may have made you forget about non-fungible tokens (NFTs), but the potential of NFT utility is just getting started. In the rapidly evolving world of blockchain and decentralized applications, NFTs have emerged as a powerful and transformative force. These unique digital assets have captured the imagination of creators, collectors, and investors alike, offering new ways to represent ownership and value on the blockchain. However, traditional NFTs, governed by…
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EIP-6662 a new authentication model

A New Authentication Model for Web3 Wallet & Other dApps: EIP-6662

Note: Before reading this article, it will be helpful to have a basic understanding of ERC-4337 and account abstraction. You can learn more from this and this guide. It will also be helpful to learn about the various types of crypto wallets, especially smart contract wallets (accounts). Do you remember two-factor authentication (2FA)? More likely than not, you’ve probably used it to authenticate the login to your bank account, that Netflix account you share with your family, or maybe even a crypto exchange during…
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erc 6900 and modular account abstraction: what it means for smart contract wallets

ERC-6900 & Modular Account Abstraction: What It Means for Smart Contract Wallets

As developers, we constantly seek ways to push the boundaries of innovation and create more versatile solutions. Have you ever wondered how you can enhance the customizability of a smart contract wallet and unleash its true potential? Get ready to learn about a newly deployed Ethereum standard that enables modular account abstraction, which will revolutionize the way developers interact with smart contracts: ERC-6900. In this article, we’ll embark on an exciting journey to explore the impact of ERC-6900 and integration…
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demystifying erc-4337 & smart contract wallets: 3 common misconceptions & 3 key challenges

Demystifying ERC-4337 & Smart Contract Wallets: 3 Common Misconceptions & 3 Key Challenges

Have you ever began learning about something new, and thought “Hey, this sounds great, but let’s play devil’s advocate to find out its limitations or gain a more holistic perspective on the subject” In this case, that subject is ERC-4337, the recently deployed Ethereum standard that enables account abstraction smart contract wallets. Welcome to our article that aims to provide developers with a deeper understanding of the misconceptions, challenges, and opportunities surrounding ERC-4337. If you don’t yet know what ERC-4337…
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meet the top 10 erc-4337 projects to watch in 2023

Meet the Top 10 ERC-4337 Projects to Watch in 2023, Pt. 2

Welcome back to the highly anticipated Part 2 of our series, “Meet the Top 10 ERC-4337 Projects to Watch in 2023.” In our previous article, we delved into these exceptional projects: Biconomy, Etherspot, Safe (formerly Gnosis Safe), Argent, and Blocto. This time around, we are thrilled to present the next wave of groundbreaking projects poised to make a significant impact in the EVM ecosystem.  Join us as we introduce the next five projects, uncover their unique offerings, and explore their…
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meet the top 10 ERC-4337 projects to watch in 2023

Meet the Top 10 ERC-4337 Projects to Watch in 2023, Pt. 1

Calling all developers! Are you ready to meet the top 10 ERC-4337 projects to watch in 2023?  Part 1 of this two-part article series will introduce Biconomy, Etherspot, Safe (formerly Gnosis Safe), Argent, and Blocto. These projects have been advocating as long-time proponents of ERC-4337, diligently implementing account abstraction services and solutions, building intricate SDKs that provide infrastructure for ERC-4337, or anywhere in between– which is why we believe they are worth mentioning. However, just because a project wasn’t mentioned…
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erc 4337 benefits

3 Key Benefits of ERC-4337: Why Developers Should Care

Are you tired of sifting through countless Ethereum proposals and standards to find the one that actually makes a difference? Look no further than Ethereum standard ERC-4337. This revolutionary protocol provides developers with a range of benefits that can take your blockchain development to the next level. In this article, we'll discuss the three main benefits of ERC-4337 for developers and why you should care. Introduction ERC-4337 is an Ethereum standard that implements account abstraction for traditional EOA wallets, which…
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erc 4337 account abstraction

Understanding Ethereum’s ERC-4337 & Account Abstraction: What You Need To Know

As a developer in the blockchain space, you've probably heard of Ethereum's ERC-4337 and account abstraction. But how much do you know about them and their benefits for the Ethereum ecosystem? In this article, we'll dive into the details of ERC-4337 and account abstraction, then explain why they are important for developers in the Ethereum Virtual Machine (EVM) ecosystem. Whether you're a seasoned Ethereum developer or just starting out, understanding these concepts will help you build exponentially more efficient and…
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Blocto smart contract wallet

Smart contract wallet is the future, and Blocto is the hidden gem

ERC-4337 and account abstraction will unlock the full potential of smart contract wallet, and Blocto has been an account abstraction wallet since 2019 Guest post by: ENDGAME DAO What’s a wallet and why should I care? To recap, everyone has an on-chain "public key" visible to all, which is like your account. Whenever a public key is created, there’s a private key linked to it. Only the private key holder can sign transactions as the signer to move assets tied…
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How to Prevent NFT Theft

How to Prevent NFT Theft

Although they have been around since 2014, non-fungible tokens (NFTs) only saw mainstream popularity starting in 2017. Since then, these one-of-a-kind tokenized assets stored on the blockchain have only received more attention with each passing day. The first group of NFTs to gain mainstream popularity were trading cards, but NFTs can be just about anything. We have seen everything from digital art to drawings, music, videos, trading cards, and in-game items created as NFTs.  NFTs have gone from just a…
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how to market your brand with NFT

How To Use NFT Marketing for Branding

Ever since the first NFT was minted by Anil Dash and Kevin McCoy in 2014, the NFT market has been in a state of near-perpetual bloom. Although cryptocurrencies were only gaining acceptance at the time, the idea of digital media embedded in the blockchain was enough to start a revolution of its own. Artsy digital collections became the order of the day, and pieces from the Bored Ape Yacht Club (BAYC) and CryptoPunks soon took over the industry. Today, NFTs…
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socialfi projects and potentials

SocialFi’s Potential & Projects to Check Out

Ready to interact with social media the Web3 way? Learn more below and start with these SocialFi projects!  What is SocialFi? Recently, you may have started seeing or hearing the term ‘SocialFi’ more and more. As Web3 platforms begin to carve out spaces for creating, managing, and owning social media content, the excitement and momentum for SocialFi, which combines the principles of social networking and decentralized finance (DeFi), likewise begins to build. Learn more about SocialFi in our previous article!…
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How Bitcoin Ordinals NFTs Work

Dive into How Bitcoin Ordinals NFTs Work

In the past, it was impossible to create a fully on-chain NFT on Bitcoin, because Bitcoin was initially designed for financial transactions and not data storage. By using the OP_RETURN script, we could only put up 80 bytes of data, which is quite limited for an NFT. However, the Taproot and SegWit upgrade unleashed the potential with the witness field, which can store arbitrary data less than 400,000 bytes. Casey Rodarmor launched Ordinals Protocol in January 2023 to the immediate…
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what is sdk and how does it help you in the web3 world

How SDK Can Fast-Track Your Web3 Project

Learn the benefits of integrating with a software development kit (SDK) and get started with Blocto SDK! What is an SDK? A software development kit (SDK), also known as a devkit, is a collection of tools for software development that are contained in one installable package. SDKs can contain libraries, tools, sample code, relevant documentation, and application programming interfaces (APIs), and are usually specific to a certain operating system. For example, building an app for iOS requires an iOS SDK.…
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aptos account system

Aptos Review 2 — Account System

Everyone must set up an account when starting to use blockchain applications. No matter what your Web3 adventure looks like, your blockchain account is always part of the experience. A well-designed and secure account system is crucial for user onboarding and retaining. In this article, I will cover the advancements of blockchain account systems and show how Aptos implements best practices. Bitcoin’s UTXO model Bitcoin is the first widely adopted distributed ledger system. Its authentication mechanism is based on asymmetric cryptography.…
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EVM Account Abstraction

Unlocking Wallet Potential: Exploring EVM Account Abstraction (EIP-4337)

Preface EIP-4337 is a smart contract wallet solution to achieve account abstraction. The objective of account abstraction is to allow users to use an address, in this case an address of a smart contract wallet, to interact with blockchain, regardless of transaction verification logic. As a pure smart-contract-based solution, this protocol introduces neither consensus-layer changes nor EVM-related changes. By adding up off-chain protocols with a few on-chain smart contracts, EIP-4337 is largely viewed as the most feasible way to account…
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Aptos gas fee, Gas Fee Calculation, Gas Fee Collection

Aptos Review 4 — Gas Fee

Let’s talk about transaction fee, also commonly known as gas fee. Gas fee is a crucial component in most layer 1 blockchain protocols. In most blockchain protocols, there are two major types of participants: operators and users. Operators keeps track of what happens in the protocol: they keep track of users’ balances, execute transactions and make sure the records are consistent across different operators. Users make use of the protocol by submitting transactions, deploying smart contracts and sometimes store data…
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What is socialfi? socialfi projects and coins

What’s SocialFi? What You Need to Know

Dive into all things SocialFi with Blocto! What is SocialFi? Simply put, the relatively new term ‘SocialFi’ combines the principles of social networking and decentralized finance (DeFi). You may have heard this term recently, as Web3 platforms begin to carve out spaces for creating, managing, and owning social media content. A key feature of SocialFi is its decentralization—meaning users’ privacy and personal assets are better protected compared to more traditional Web2 models of social networking. As they say, “If a…
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what is nft and how does it work

What is NFT and How Does NFT Work?

An easy guide to how NFTs work, NFT marketplaces, and more. What is an NFT? You might have heard (or seen) these three letters all over pop culture for the past year or so. Along with crypto and the metaverse, NFTs have skyrocketed in popularity among creators, consumers, and brands alike. So what is it? NFT stands for ‘Non-Fungible Token’—a digital asset that’s unique, and therefore can’t be replaced or exchanged for anything else. NFTs are built with blockchain technology,…
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Polygon is a blockchain platform and Ethereum scaling solution to provide faster and more affordable transactions while maintaining security. Find out the 3 things you need to know about polygon.

Three Things You Need to Know About Polygon Blockchain

A beginner’s guide to Polygon technology. What is Polygon? Polygon, formerly known as MATIC Network, is a blockchain platform and Ethereum scaling solution that’s designed to provide faster and more affordable transactions while maintaining security. Polygon operates as a Layer 2 solution on top of Ethereum, and uses a network of Proof-of-Stake (PoS) validators to validate transactions and produce blocks. This makes it a scalable, low-cost alternative to the Ethereum mainchain. Polygon also supports multiple programming languages and developer tools,…
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How to Migrate from Web2 to Web3

How to Migrate from Web2 to Web3

Since the inception of the internet, the fundamental technology behind the front-facing network has evolved significantly. The original ‘Web1’ technology has been around for over thirty years and was only able to support the transformation of text and images over the internet.  Since then, technology has radically evolved. Let’s explore the evolution of the internet, from its genesis to its most recent iteration.  Difference Between Web2 and Web3  ‘Web2’ refers to the current state of the internet. Common features include…
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what is crypto staking

What is Cryptocurrency Staking?

Crypto staking is the process of locking a coin—such as Ethereum, Solana, Tezos, or Cosmos—over a fixed period in order to earn a reward. The staked coin goes directly to help the blockchain validators verify transactions before it's added to the blockchain’s public ledger through a consensus-based process known as proof-of-stake (PoS). Staking of cryptocurrency isn't possible for all cryptocurrencies; only those compatible with PoS have that option. For example, you can't stake Bitcoin (BTC) or Ethereum Classic (ETC) because…
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how do dapp browsers work

Dapps and How Do Dapp Browsers Work

What are the differences between Dapps & apps & What is a Dapp browser? What are Dapps? Dapps (decentralized applications) provide the same functionality as regular apps. A user may not feel the differences between a Dapp and a classic app because the interfaces look pretty much the same. However, Dapps run on a distributed peer-to-peer network, aka blockchain, where data is spread across multiple nodes operated by different users. Since data is recorded on thousands of separate computing devices, a blockchain like…
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what is web 3.0-blocto

How Blockchain Brings Forth Web 3.0

A brief history on Web 3.0 and blockchain. Web 3.0 vs. Web 2.0 discussed. What is blockchain used for? What is Web 3.0? In 1991, scientists Stuart Haber and W. Scott Stornetta first outlined a cryptographically secured chain of digital documents in the first paper they published. The immutable timestamp of digital records they proposed later became a major inspiration for the enigmatic developer(s) Satoshi Nakamoto’s “purely peer-to-peer version of electronic cash” known as Bitcoin. Back then, the sole purpose of the Bitcoin…
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Flow NFT marketplace

Flow NFT Marketplace: NBA Top Shot NFT Collection and the Power of Blocto

Learn why the hottest NFT programs are migrating from Ethereum to Flow NFT marketplace and how to display your NFT collections on Flow using Blocto! NFT programs’ migration to Flow NFT Marketplace Every iteration of the blockchain aspires to exceed its predecessor. Launched in July 2015, Ethereum started to gain traction among decentralized application (Dapp) developers and thrived to become the largest and the most robust blockchain. As the pioneer in the functional form of smart contracts which Dapp providers can…
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Open-Source Culture: Blockchain Communities & DAOs

Open-Source Culture: Blockchain Communities & DAOs

Join crypto communities & become a member of BloctoDAO to propel the blockchain movement! Open-source culture Open-source projects are the backbone of the blockchain industry. But this fact has often been overlooked. Many are surprised when they learn that blockchain technology—an advanced theological field that boasts of immutability and security—is established on open-source code. Indeed, the decentralized production model initiated by open-source projects is beneficial for both crypto users and Dapp developers. In the community-based open-source culture, information is not…
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Understanding DEX: Token Swapping on BloctoSwap

Understanding DEX: Token Swapping on BloctoSwap

Pros and cons of DEXs & OTC trading explained. The benefits of decentralized crypto exchange (DEX) There seems to be no exit from an overarching financial framework shaped by banking institutions that make a fortune from your daily trades in centralized finance. Whether a major bank or a dominant stock exchange, it requests surcharges of different forms to execute transactions, including but not limited to penalties for late submissions, fiat transfers, and international remittances fees. And as trusted intermediaries that…
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speak like a crypto native

Speak Like an NFT/Crypto Native

15 jargons you must know to sound like crypto native in the crypto discussions groups on Discord. Welcome to Bloctopia! No trade in the world does not have jargon, and NFT and crypto industries are no exception. New to an online blockchain community, a citadel where tech-savvy people express their enthusiasm for recent blockchain trends, you sure want to get involved in the passionate conversation, talking like an insider. However, the slang shared among NFT and crypto communities could be…
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Crypto Trade: How to Buy Your First Cryptocurrency

Crypto Trading 101: Making Your First Crypto Purchase

Read on for a quick five-minute guide on the key factors of crypto investment, as well as how to buy cryptocurrency with fiat money. What is Crypto Trading? Crypto trading is the act of buying and selling cryptocurrencies on an exchange platform. Trading usually involves speculating on price movements, and users profit by buying low and selling high. This is ideal for users that want to capitalize on ever-changing token value. What to Consider in Crypto Trading Since the technology…
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cross chain swap, teleport token

Cross-Chain Swap: “Teleport” Your Tokens on BloctoSwap

BloctoSwap creates a frictionless gateway for cross-chain transfers. What is a “native token”? Imagine a universe where gaps exist between galaxies, and every galaxy has its own boundary. Akin to such an outer space, Blockchain is not a seamless whole as a decentralized internet space. Instead, it is a collective of multiple blockchains that function under specific crypto transaction protocols and token standards. Each blockchain has an inherent cryptocurrency at its core, called its native token. Running on a blockchain’s protocol,…
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Gas fee

What Is Gas Fee in Crypto Transaction

Having trouble proceeding with your crypto transactions? Try Blocto points! Welcome to Bloctopia! 2022 is the year for NFTs to go mainstream. Public interest in digital assets surges following NFT releases of leading media brands and entertainment IPs in 2021. If you are an NBA fan, you have probably heard of NBA Top Shot, one of the hottest NFT collectibles created by the National Basketball Association and Dapper Labs. But did you know Blocto is the only Flow-based wallet that…
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How to Set Up a Secure Crypto Wallet

Blocto Crypto Wallet Security: How to Set Up a Secure Crypto Wallet

Crypto scam alerts! Add an extra layer of security to your crypto wallet. Why is crypto wallet security important? Crypto scams and thefts have been increasing at a steady rate. According to the latest data presented by blockchain data firm Chainalysis, over $14 billion of digital assets were stolen by crypto-related scams in 2021, a new all-time high that is twice the $7.8 billion taken by scammers in 2020. Compared to the traditional web infrastructure, blockchain provides a relatively more secure environment as…
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BLT and FLOW Crypto Staking

BLT Crypto Staking to Earn Rewards

Learn about crypto investment and earning passive income with this step-by-step guide on how to stake $BLT. What is crypto staking and how does it work? For many crypto investors, crypto staking is a way to generate stable rewards over the long term. Similar to an interest-bearing bank account, you set aside, or ‘stake’, part of your holdings to earn a percentage-rate reward over time. In addition to generating returns, the benefits of crypto staking involve the following: Staked tokens…
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The Danger of Not Understanding Token Standards

The Danger of Not Understanding Token Standards

Helpful Tips to Avoid Transaction Failure! What is blockchain token standard? Does it matter? What is your biggest fear when it comes to cryptocurrency? Scam, crypto volatility, false crypto knowledge, investing in wrong cryptos, ... there can be many options. One of the worst nightmares that could ever happen to a crypto wallet user is transacting tokens to the wrong blockchain. Since tokens built on separate blockchains comply with dissimilar smart contracts and token standards, sending your digital assets to…
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Crypto Liquidity and Liquidity Mining

Everything You Need To Know About Crypto Liquidity and Liquidity Mining

What they didn't tell you when you provide liquidity to create passive income. Understanding Crypto Liquidity Liquidity has been the lifeblood of the crypto market that assumes the form of an automaton since Uniswap launched its first automated market maker (AMM) decentralized exchange that connected traders directly, without intermediaries. In contrast to the banking industry, the trading mechanism in decentralized exchanges (DEXs) allows users to trade against each other’s digital assets in a permissionless manner through the use of liquidity…
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blockchain smart contract

What Is a Blockchain Smart Contract, and How Does It Work?

A quick introduction to the smart contract and the crucial role it plays in your crypto transaction. What is a blockchain smart contract? A blockchain smart contract, i.e., a transaction protocol, is a computer program that automatically executes operations when conditions are met. The agreement terms between buyer and seller are directly written into the computer code, so the participants in a transaction are immediately sure of the outcome without intermediaries and time loss. Since the code that controls the…
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