Blockchain

Blockchain Latest News

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Who Will Win Ethereum’s Layer 2 Race?

Ethereum – the one blockchain we all know and love has a problem. Its main competitive advantage over other blockchains, amazing and rich ecosystem of developers and dApps, could be a harbinger of its downfall. Although this may sound a bit overly dramatic, we can see teams and projects migrating to other blockchains and people …

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How Do We Call Execution Without An Idea?

You have probably been familiar with the question – what is an idea without execution? Let’s reverse this question. Well, to answer this question what is execution without an idea called, we first need to address the issue of relation. I’ll assume we all roughly know what the idea is and what the execution is. …

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Uniswap v3 Explained – All You Need to Know

DeFi summer and decentralized exchanges have disrupted the state of the financial world. No KYC, no boring procedures, no downtime and absolute freedom to do whatever you want. All this brought millions of users to DeFi. Uniswap, one of the world’s most popular DEXs, is one of the leaders in the race to surpass centralized …

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Career In Blockchain – How To Start?

Blockchain industry has seemingly been all about the hype in the past couple of months. But if you are skin-deep in Blockchain, you know that it has the potential the Internet had in the ’90s to be a changemaker in how we trade, communicate and trust. You also know it’s not the case because of …

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NFT Lending – Current State and What’s Next?

At the MVP Workshop, we had a chance to organize an internal NFT hackathon within our research and development department called 3327. The topic was NFT liquidity as one of the hot challenges in the blockchain ecosystem nowadays. We split into smaller teams and chose our subtopic. As lending is one of the main assets’ …

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Upgradeable Smart Contracts – Proxy Pattern

Upgradeable Smart Contracts? Does that really exist? The biggest disadvantage of Ethereum is that every transaction and every contract deployed is immutable. That means that one cannot change the source code of a smart contract after deployment. TL;DR Smart contract developers are under constant pressure to write flawless code because it’s not possible to change …

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MVP Workshop is assisting Polygon in building Ethereum’s Internet of Blockchains

As you have probably noticed, Matic Network has officially become Polygon, Ethereum’s Internet of blockchains. The ex-Matic team has expanded their mission and aim to enable Ethereum to become a full-fledged, robust multi-chain ecosystem, with secured Layer 2 chains and standalone chains.  We are thrilled to see this happen and wanted to thank everyone from …

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MVP Workshop Partners with Moonbeam To Enable a Multi-Chain Future

MVP Workshop, since its inception, was an R&D studio dedicated to the exploration of new technologies. During the past year, there have been a plethora of developments within the blockchain ecosystem, including the rise of the Polkadot Network. While looking to contribute to this Web 3.0 project, we met the PureStake crew, the creators of …

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MVP Workshop Partners with Moonbeam To Enable a Multi-Chain Future

MVP Workshop, since its inception, was an R&D studio dedicated to the exploration of new technologies. During the past year, there have been a plethora of developments within the blockchain ecosystem, including the rise of the Polkadot Network. While looking to contribute to this Web 3.0 project, we met the PureStake crew, the creators of …

mvpworkshop.co

Moonbase Alpha Deployment

Moonbeam is a Smart Contract Parachain on Polkadot. Moonbeam provides a full EVM implementation, a Web3-compatible API, and bridges that connect Moonbeam to existing Ethereum networks. This allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonbeam with minimal changes. Moonbase Alpha is a testnet on Moonbeam. Moonbase Alpha has two endpoints …

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Moonbase Alpha Deployment

Moonbeam is a Smart Contract Parachain on Polkadot. Moonbeam provides a full EVM implementation, a Web3-compatible API, and bridges that connect Moonbeam to existing Ethereum networks. This allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonbeam with minimal changes. Moonbase Alpha is a testnet on Moonbeam. Moonbase Alpha has two endpoints …

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Proudly presenting: Substrate Blockchain Starter Kit

Our team dedicated to innovations has successfully completed a project supported by the Web3 Foundation grant called Substrate Blockchain Starter Kit! If you are into blockchain and its development, you know how hard and long the development process can be. The emergence of Substrate, a new framework for blockchain development, brought significant improvements. One of …

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The Ultimate Guide to Ethereum 2.0 – All You Need To Know

According to CoinMarketCap, Ethereum is the second-largest cryptocurrency by market cap, right behind Bitcoin. Vitalik Buterin’s brainchild positioned itself as one of the leaders in the crypto & blockchain sphere, but despite being ground-breaking, it is far from perfect. In fact, both Bitcoin and Ethereum networks are facing several issues, with the two most important …

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How to wireframe as a Product Manager?

In the previous blog post, we had a chance to overview steps that should be carried out as a part of the Product Discovery phase. This time we will go into much more detail by focusing on one particular step – wireframing from the product manager’s perspective. We assume that you have already identified a …

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Order Book vs. AMM — Which One Will Win?

Decentralized exchanges (DEX) solved the middleman issue and helped traders swap cryptocurrencies quickly and with minimal fees. However, problems like liquidity persisted, and this gave birth to a DEX model called Automated Market Making (AMM).  Exchanges employing AMM claim this model solved the problem with a lack of liquidity. This model is definitely different from …

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How to Design Token Economy?

Imagine being a chieftain of an ancient tribe where the concept of money doesn’t exist. There are no banks, which means we cannot loan money or use it to buy things. If you want to obtain something, you need to do it by exchanging goods and services.  Sounds like something we solved more than three …

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Top 10 Blockchain Development Tools and Kits

Although the world still doesn’t have enough blockchain professionals, there are a lot of enthusiasts who are willing to enter the blockchain sphere and start their journey as developers of this technology. Yet, many newcomers feel a bit lost when they first start learning about blockchain. That’s why we decided to make a nice starter …

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Blockchain Development Lifecycle Explained

Developing products needs to be broken down into several simple steps to facilitate the entire process. It helps us organize teams and processes to achieve the best possible outcome and make future customers happy.  In traditional software development, this is usually done by using the Software Development Lifecycle (SDLC) model that includes processes such as …

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Exploring Rust — 5 Reasons Why You Should Check It Out

According to Stack Overflow, Rust is one of the languages coders love the most. Many individuals enjoy using Rust programming language for a wide variety of purposes and find it extremely useful in numerous situations. In short, the popularity of Rust has been on the rise for the past couple of years. What makes Rust …

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Tips and Tricks for Building Web3 Products Remotely

The number of people who prefer the freedom of working remotely is on the increase. Moreover, many companies are in need of remote workers, which makes this type of workstyle very popular.  According to an UpWork survey, approximately 63% of US-based companies have at least one remote worker. In addition, similar findings suggested that 43% …

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MVP Workshop Is Now a Member of a Substrate Delivery Partners Program

Hello all, We are happy to announce that MVP Workshop has become a member of a Substrate Delivery Partnership Program organized by Parity! This means that our team will get training and technical support directly from the Parity team, equipping us with all the necessary knowledge needed to deliver advanced Web 3.0 blockchain solutions based …

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The Kusama Approach

I wasn’t even born in 1968 when Dick Fosbury won a gold Olympic medal for the highest jump in Mexico City. But I remember how fascinated I was when I heard the story about that competition for the first time. What made Dick’s name written in history wasn’t a gold medal, but the way he …

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41 Frequently Asked Questions About Blockchain Development

We’ve made a list of some of the most frequently asked questions we get from our clients. Feel free to take a look at our FAQ article to learn more not only about the way we work, but also about the way disruptive products, blockchain development, and cryptocurrency development work. Feel free to browse through …

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How to Sell Disruptive Products

The following scenario has been repeated way too many times with disruptive products. It’s very common in the blockchain space as well. A group of extremely talented developers makes a product that’s so innovative that it has the potential to disrupt the existing processes of their potential customers. It could help them in a way …