Author: forward-admin
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Optimistic Rollups vs. ZK-Rollups: What’s the difference?
The Ethereum network has been a pioneer in the world of decentralized applications (dApps) and smart contracts. However, as the network has grown in popularity, it has faced significant scalability issues. Slow transaction times and high fees have become a bottleneck for developers and users alike. To address these challenges, various Layer 2 scaling solutions…
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Strategic Partnership between FWX and Struct Finance
We are thrilled to announce our strategic partnership between FWX, which is gearing up for its launch in the coming months after successfully unveiling its testnet two weeks ago, and Struct Finance, the currently popular on-chain DeFi protocol on the Avalanche network. The purpose of this partnership is to boost awareness and assist the community…
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Strategic Partnership between FWX and Soully
We’re thrilled to share that FWX and Soully have entered into a strategic partnership. This partnership is aimed to create a strong network of builders across the industry to establish relationships that synergy in onboarding more users to Web3 and DeFi. Soully has built its own data infrastructure that aggregates both off-chain and on-chain data…
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What is Ethereum Virtual Machine (EVM)?
In the ever-evolving landscape of cryptocurrency and blockchain technology, the Ethereum Virtual Machine stands as a pivotal and transformative component. It plays a crucial role in enabling the execution of smart contracts, which have redefined how decentralized applications (DApps) operate on the Ethereum blockchain. The EVM operates on a stack-based architecture, meticulously executing code generated…
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What is DeFi 2.0?
The world of finance is undergoing a transformative revolution, and at its forefront is DeFi 2.0, redefining banking as we know it. Decentralized Finance (DeFi) emerged as a disruptive force in 2020, challenging traditional banking with its promise of transparency, immutability, and the elimination of trusted intermediaries. Now, with the advent of DeFi 2.0, we…
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Strategic Partnership between FWX x Cascadia
FWX and Cascadia, the innovative hybrid layer-1 appchain, are thrilled to announce an exciting strategic partnership that aims to improve contributions to the DeFi and blockchain landscape through collaboration and joint marketing efforts. Cascadia and FWX share a mutual aspiration of driving positive vibes within the DeFi and blockchain realms. Both entities are committed to…
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DeFi Risks: Smart Contract-Based Risks
The world of Decentralized Finance (DeFi) has revolutionized traditional financial systems by leveraging smart contracts on blockchain technology. However, with innovation comes inherent risks. In this exploration of DeFi risks, we delve into the technical vulnerabilities of smart contracts, highlighting their non-legally binding nature and the potential for irreversible consequences. We examine historical exploits that…
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FWX TESTNET IS NOW LIVE!
FWX is delighted to announce the release of its long-awaited Testnet version of the platform on the Avalanche Fuji Testnet. Our core mechanisms for the fully on-chain leveraged trading experience has been completed, now we are diligently preparing to introduce more FWX’s elements in the upcoming 2024. Explore Testnet Key Features Redefining the Futures of…
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What is Automated Market Maker (AMM)?
Automated Market Maker , as known as AMM, is the basic algorithmic behind decentralized exchange for all crypto users to buy and sell digital assets in DeFi. This algorithm is built to replace a traditional order book in which your order will match only if you have the otherside order at the same price and…
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DeFi Risks: Operational Risks from Blockchains
DeFi apps depend on public blockchains to execute transactions and resolve contracts. Ethereum is currently the most popular base layer for DeFi, with approximately $46 billion in collateral used in its smart contracts. Other blockchains are also hosting DeFi apps and attempting to compete with Ethereum. However, the smooth operation of these apps relies on…