See Also
ELI5 What is the Avalanche Protocol? [AVAX]
Avalanche is a next generation, post-Nakamoto consensus mechanism which was designed to incorporate the best features of previously existing protocols and add some of its own. Note: Avalanche is both the name of a consensus mechanism and the name of the DeFi platform that was built on top of it. Today, the term Avalanche refers […]
ELI5 2023 Avalanche Cortina Update
On April 25 2023, Avalanche activated the Cortina update. According to Ava Labs founder, Emin Gun Sirer, there are 3 major advancements in Cortina: Let’s take a closer look at each! X-Chain Linearization As you problably know, the X-Chain (where the native AVAX gets transferred) used to be a DAG. A DAG is like a […]
ELI5 How AVAX validation works [Avalanche Protocol]
According to the Avalanche AVAX token distribution policy, almost 50% of all AVAX in existence will go towards validator rewards (see chart at the top). Since the Avalanche protocol burns all fees, the only source of inflation in the AVAX ecosystem is the validation reward. This presents a great opportunity for those who join the […]
Bitcoin Blockchain to MySQL Insertion Tool
Crypto.BI Toolbox comes with a raw .dat block file to MySQL insertion tool called blocks_inserter. To use it, first you’ll need to generate the MySQL schema on your local server by importing scripts/sql/mysql/cryptobitoolbox_bitcoin.sql into your MySQL server. Then you will need to configure Toolbox with the appropriate username, password, host and database so that Toolbox […]