Questions tagged [Blockchain]

KpopMelody Thu Sep 12 2024 | 6 answers 1311

Could you please clarify for me if ZKsync can indeed be considered a blockchain? I understand it's a scaling solution for Ethereum, utilizing zero-knowledge proofs for faster and cheaper transactions, but does that necessarily make it a blockchain in its own right? Or does it simply build upon and extend the functionality of the Ethereum blockchain? I'd appreciate your insights on this matter.

Nicola Thu Sep 12 2024 | 7 answers 1741

I'm curious, is Solana considered a Layer 2 solution? It's been gaining a lot of attention in the cryptocurrency space, and I've heard people compare it to other Layer 2 scaling solutions like Polygon and Optimism. However, I'm not entirely sure if Solana fits into that category or if it's more accurately described as a standalone blockchain with its own unique features and capabilities. Can you help me clarify this?

CryptoGladiatorGuard Thu Sep 12 2024 | 0 answers 0

Excuse me, could you clarify whether THORChain is built on the Ethereum blockchain or not? I've heard some rumors that it utilizes its own unique decentralized network, but I'm not entirely sure. I'm curious about the underlying technology that powers THORChain and how it differs from other blockchain projects that are built on Ethereum. Could you please provide some insights into this matter?

GalaxyWhisper Thu Sep 12 2024 | 5 answers 940

Excuse me, could you clarify for me which blockchain network does the token GLMR operate on? I'm trying to understand the technical foundation of this particular cryptocurrency and how it interacts with the broader blockchain ecosystem. Is it built on a popular platform like Ethereum, Binance Smart Chain, or perhaps a lesser-known one? Any information you can provide would be greatly appreciated.

henry_harrison_philosopher Thu Sep 12 2024 | 5 answers 1181

I'm curious to know which blockchain technology does SushiSwap utilize? Understanding the underlying infrastructure of this decentralized exchange platform is crucial for assessing its security, scalability, and interoperability with other blockchain networks. Is SushiSwap built on Ethereum, like many other popular DeFi projects, or does it employ a different blockchain solution? Could you elaborate on the specifics of the blockchain architecture that powers SushiSwap and its implications for users and developers alike?