Function X, commonly referred to as f(x), is a multi-layered decentralized finance (DeFi) ecosystem that was developed in 2019 by Pundi X Labs. It describes itself as a universal decentralized internet that is powered by blockchain technology and smart devices. Function X wants to mirror traditional finance products on the Function X network. It allows developers to easily create customized blockchains using their subnet solution, thereby automatically inheriting Function X’s speed and security.
Ethereum Classic (ETC) is a hard fork of Ethereum (ETH) that emerged due to the DAO hack in 2016. Today, Ethereum Classic still exists, but developer and user interest are much lower than that of Ethereum.
The blockchain world is made up of many complex words. As such, the terms Ethereum client and Ethereum node are often used interchangeably. However, they represent two different components within the Ethereum system.
The Ethereum Merge is finally here. On its website, Ethereum states that the “most significant upgrade in the history of Ethereum […] is in its final stages” and is expected to take place sometime before 2023. The Merge describes the process whereby the current Ethereum blockchain will be merging with the Beacon Chain.
With the advent of blockchain technology, another technology has gained popularity: smart contracts. A smart contract is a self-executing contract in which the contents of the agreement are written directly into the lines of code.