We will be talking about everything Web3 and Blockchain. Apart from the weekly Podcast, we will also use this platform to include keynote speeches our team presents. We will keep this light and fun, and easy to listen to. We will dive deep into the technology from time to time, but our goal is to educate and bring all of you on the Web3 journey with us.
We will talk about popular technologies such as Blockchain, Development, NFTs and Crypto, and please be advised whatever is spoken about here is not financial advice.
Ethereum standards, are the focus of the 40th episode of Blockstars Web3 Weekly. The discussion focuses on the importance of ERCs, the way of their proposals and adoption, and their influence on the development and functionality of Ethereum-based applications.
ERCs are important for standardising protocols on the Ethereum blockchain to enable the interoperable nature of decentralised applications (DApps).
ERC-20, the earliest and probably most popular standard, helps in the creation of fungible tokens that cover a wide scope starting from cryptocurrencies to governance tokens.
ERC-721 brought about the concept of non-fungible tokens (NFTs) which makes it possible for assets to have a unique representation, hence the emergence of digital art and collectibles markets.
The podcast also discusses ERC-1155, which is an implementation that combines the properties of ERC-20 and ERC-721, enabling both fungible and non-fungible assets within the same contract.
The conversation brings out the need to comprehend the underlying technical standards in order to understand the real power and fencing-in factors of enterprises that can be experienced in the development of blockchain technology.
What is the core influence of ERC standards such as ERC-20 and ERC-721 on the digitised asset realm and larger Web3 ecosystem?
What are the effects that the implementation of the new ERC standards will have on the scalability and portability of applications built on Ethereum?
Where can I find Ethereum developers?
How much does it cost to build on Ethereum?
How do I find crypto devs?
Who are Devs in crypto?
How long does it take to become a crypto developer?
How much do blockchain developers charge per hour?
In what way does the ERC proposal, update, and ratification process mirror the decentralised and community-based nature of blockchain development?
How might innovation in sectors beyond crypto, like gaming, real estate, and digital identity, be driven by the evolution of ERC standards?
With the evolution of the ERC standards, what are the foreseeable risks and challenges that developers and users need to account for so as to secure the security and interoperability?
The 40th episode of the Blockstars Web3 Weekly podcast delivers a detailed analysis of ERC standards, which helps understand their significance for the operation of the Ethereum blockchain and the Web3 ecosystem as a whole.
Blockstars can help you develop your Blockchain/AI project from idea to going live no matter what stage you’re in! With a team of experts in many different blockchains and a commitment to providing nothing but top quality services, Blockstars is your one stop shop for those seeking to launch a successful Web3, blockchain or AI projects.
Hope you guys Enjoy this light hearted episode! Tell us what else you would like us to cover on Blockstars Web3 Weekly.
Make sure to go check out our website for more info! https://blockstars.com.au
Also you can Tweet us on at X @blockstars_tech
Or drop us an email at: hello@blockstars.com.au
