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index.html
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Maximal Extractable Value (MEV) is a concept that has garnered significant attention in the cryptocurrency ecosystem, particularly in the context of Ethereum. MEV refers to the maximum value that can be extracted from block production beyond standard block rewards and gas fees. It involves manipulating transaction order and execution on the blockchain to gain additional value, impacting both transaction participants and miners.
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Posted by Andylinee on Sunday, March 3, 2024
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Understanding Receive function and Fallback function in Solidity
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Solidity supports two types of callback functions, namely receive() and fallback(), primarily used for the following scenarios: Receiving $ETH and handling function calls that do not exist in the contract.
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Posted by Andylinee on Thursday, January 25, 2024
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Understanding call, staticcall and delegatecall in Solidity
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call, staticcall, and delegatecall are all low-level ways to call functions in another contract. They all allow adjusting the gas limit (compared to transfer and send, which have a fixed limit of 2300 gas) and do not throw exceptions when a call error occurs; instead, they return false.
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Posted by Andylinee on Saturday, January 20, 2024
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ERC20 is a standard interface defined for Fungible Tokens, which are exchangeable tokens. It is one of the most common ERC standards used in applications such as cryptocurrencies, voting governance tokens, and staking tokens. When developers create applications on the Ethereum platform, they need to issue tokens to provide services like points and general currency. The ERC20 standard includes concepts on how to issue tokens, transfer tokens between parties, authorize third-party usage, etc. Developers can utilize ERC20 to issue tokens specific to their services.
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Posted by Andylinee on Monday, January 15, 2024
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What is Ethereum Improvement Proposals (EIPs)?
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The article delves into Ethereum Improvement Proposals (EIPs), essential for proposing, debating, and implementing changes within the Ethereum community. It highlights the significance of EIPs in documenting Ethereum's evolution and governance processes. Specifically, it explores the impact of prominent EIPs like EIP1559, which revolutionized transaction fee mechanisms. The article emphasizes how EIPs, including ERC standards, play a pivotal role in enhancing Ethereum's functionality and fostering community collaboration for continuous network development.
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Posted by Andylinee on Thursday, January 11, 2024
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