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Blockchain Fees Explained: What Are They and How Do They Impact Price?Crypto fans or investors often hear about "blockchain fees" or "gas fees". These fees are part of blockchain transactions acting as the cost to use a blockchain network. Whether you are transferring Bitcoin, executing smart contracts on Ethereum or participating in a DeFi protocol on TON, understanding fees helps optimize transactions and investment plans. What are Blockchain Fees? Blockchain fees, often referred to as transaction fees or gas fees, are charges levied on users for conducting transactions on a blockchain network. In proof-of-work (PoW) systems like Bitcoin miners race to solve difficult math problems ‒ thus trans -
Common Myths About Blockchain Technology Explained (2025)Blockchain — is this just about Bitcoin or something? Have you ever heard someone saying that? What about claims that blockchain is completely unhackable or that every transaction is anonymous? These are just a few of the misconceptions surrounding blockchain technology. In this article, we'll address some widespread myths about blockchain in general and the TON blockchain in particular, breaking them down in simple terms and clarifying common misunderstandings. Myth 1: Blockchain Is Only About Cryptocurrencies This is one of the most common misconceptions. In reality, blockchain is a distributed ledger technology that can be app -
The Benefit of On-Chain AppsMany people believe that buying something as simple as a movie ticket or an airline ticket online, or on-chain using the decentralized network, is more of an unnecessary complication. The logic is that tickets and other similar products and services have been traditionally purchased off-chain since time immemorial and there is no need to break with tradition. However, logic and traditional thinking have little to do with a progressive outlook that is based on the capabilities offered by innovation. The power of the blockchain and what it has to offer in terms of revolutionizing or even disrupting traditional concepts has yet to be evaluate
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Cross-Chain Compatibility – What Is It?Ever since blockchain technology started attracting investments and proved to be an instrument for increasing capital, various types of research and development initiatives were launched to experiment with it. The result was the spawning of a large number of different blockchains with their own consensus algorithms, operating protocols, and applications. Variety is a boon, and users were thrilled to have a wide choice of applications and networks. However, such diversity led to the fragmentation of network space, essentially turning every blockchain into an island nation. This meant that blockchains could not interact or share digital asse
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Hot Trends in Crypto for 2024There are quite a number of expectations from 2024 from crypto market participants, considering the fact that 2023 was more of a sluggish interim year between a crypto winter and a highly-anticipated bull run. The market of digital assets is evolving and, given the fact that it already exists, there is no stopping its progress going forward. However, there are already a number of dominating trends that seem to be poised to take hold in 2024 and will like impact the entire market and the behavior of its participants for at least the period of the coming year, if not longer. In the given material, we will explore the main trends that should
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The Influence of Web3 on GamingWeb3 is often mistaken for Web3.0, both of which, though interrelated, are actually different aspects of the development of the future iteration of the internet. Web3 is the blockchain-based foundation of the internet of the future, which will act as a decentralized infrastructure providing immutable retention of information, the control of personal data, and the complete transparency of all processes within the environment. Gaming is a gigantic industry, which is being slowly transferred onto the tracks of Web3 to utilize its potential as a basis for the launch of new and innovative types of gameplay. In the given material, we will explor
