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Questions tagged [decentralization]

Without any central instance or authority; distributed over less concentrated areas.

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Can a rollup be decentralized if it is run by a single validator?

This is a question about the decentralization status of Ethereum rollups. Based on what I can see on L2Beat, most rollups are currently at Stage 0, meaning they have two more stages to go before they ...
Paul Razvan Berg's user avatar
2 votes
2 answers
25 views

Renouncing a contract that contains a chainlink upkeep

I am creating a contract that I want to be fully renounced, but there is also a function that needs to be called once a year in the contract. I created a chainlink upkeep to call it. The upkeep adress ...
Stavros Cotsoradis's user avatar
0 votes
0 answers
14 views

Most decentralized and secure ways of listening to events for multiple wallets

The most common for listening to events emitted by multiple smart contracts seems to be by using a JSON-RPC wrapper such as ethers or web3js. Let the contracts be ERC-721. If our contract emits an ...
root's user avatar
  • 11
0 votes
1 answer
15 views

Efficiently Visualizing and Retrieval Ethereum Smart Contract Events on Decentralized Storage

I want to know what are the recommended decentralized storage solutions (IPFS or sub-graph)? and general process for retrieving them for front-end visualization?
Awais Ahmad's user avatar
1 vote
0 answers
14 views

Feasibility of Manipulating (Increasing) Ethereum's Basefee (Gas Price)

Has anyone explored how feasible it is to manipulate the block.basefee (i.e., the gas price) on Ethereum? After running some numbers, it seems more achievable than initially thought. Consider this: ...
DaveTheAl's user avatar
  • 111
0 votes
2 answers
22 views

Is blockchain really decentralized?

Smart contracts like USDT can arbitrarily blacklist addresses. What happened to decentralization now? EVM is decentralized due to the way it works, but the applications within it violate ...
user's user avatar
  • 1
0 votes
1 answer
12 views

Is there any other use-case of having a decentralised network other than majorly DeFi and GameFi?

I have been familiar with the Web3 ecosystem for almost 2-years now. But I still fail to understand if there is any other real world use-case for a decentralised network other than DeFi, ICOs and NFTs ...
MT 16's user avatar
  • 45
0 votes
1 answer
18 views

Feasibility of implementing a Decentralized Identity Management System? (DIDs and VCs)

I am currently working on a project focused on creating a Decentralized Identity Management System by using DIDs and VCs. Our goal is to enable users to have self-sovereign control over their ...
Ruppy's user avatar
  • 1
5 votes
2 answers
248 views

Is Optimism centrally controlled?

Optimism's gas oracle is deployed at 0x420000000000000000000000000000000000000F. Optimism's docs say: "Optimism updates the gas price parameters on chain whenever those parameters change." ...
UTF-8's user avatar
  • 518
1 vote
0 answers
18 views

How reliable is the metric of active users in predicting market trends in the DeFi space, given that it is relatively easy to create a wallet?

Gm from the Equator. Hope your all well! In the Defi space all the prediction data is based on active users I disagree with this form of measure for predicting what the market will do because of how ...
Dsqure's user avatar
  • 11
2 votes
2 answers
95 views

How do I become a reporter for Tellor?

I want to become a reporter for Tellor, but not sure where to begin. Are there any guides or tutorials?
Rayn's user avatar
  • 65
0 votes
1 answer
19 views

Decentralised Identity System-blockchain- Ethereum

I have to implement such system described in https://ethereum.org/en/decentralized-identity/ Are there any resources and examples I can refer to ?
Xcode's user avatar
  • 1
1 vote
0 answers
106 views

How can I run a truly serverless function on web3 type infrastructure?

I want to run a serverless function that is actually serverless. Serverless functions platforms like AWS Lambda, Google Cloud Functions, etc... are not actually serverless. A centralized VM owned by ...
ChristianOConnor's user avatar
0 votes
1 answer
167 views

NFTs having the same URI

I understand that for instance a picture of an NFT can be saved, and recreated, and the picture itself would be the same as the copy of it. But what if instead of copying the picture, I copy the base ...
curiousTrader's user avatar
1 vote
4 answers
569 views

How to upload URL to IPFS API

I'm working on a project where I wish to upload some images to IPFS, but the issue is I have the URL for the images, is there any way to upload the image using the URL? Like I was searching for ways ...
Prajwal K's user avatar
1 vote
2 answers
43 views

Checking whether a timestamp has been surpassed in solidity

I’m trying to create a raffle system, where a smart contract will be holding a nft until a specific timestamp is passed. The timestamp is set at contract creation. I’m trying to think of some ...
TRS's user avatar
  • 131
1 vote
1 answer
39 views

What blockchain security and decentralization metrics exist?

I want to quantify decentralization and the chain security. What metrcis exists besdies the the Nakomoto coefficient? I want to have a mesurement how decentralised and how secure the chain is.
Superluminal's user avatar
0 votes
1 answer
41 views

Are fully decentralized, trustless bridges possible between two separate blockchains?

I have done some research but I couldn't find a conclusive answer for this. I want to build a bridge between two Ethereum test nets as a proof of concept and initially thought it would be possible to ...
dhsdshdhk's user avatar
0 votes
1 answer
675 views

Encrypt and decrypt string inside contract using contracts private|public key

I need to write down methods to encrypt and decrypt string messages using contract private | public keys in a smart contract. However you may think it's dangerous or anything else, the question is: Is ...
Mohammad Raha's user avatar
2 votes
1 answer
51 views

What is the complete beginner's road map for learning Web 3.0 Decentralized applications and writing smart contracts? [closed]

As a front end developer (using React.js), I want to understand blockchain so that I may create decentralised applications (dapps), NFT marketplaces, and solidity contracts. However, I'm not familiar ...
sohaib's user avatar
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0 votes
1 answer
32 views

What's the difference between `Trustlessness` and `Decentralized`?

Blockchain is known as a example of trustless and decentralized systems. Some say that a decentralized system is an example of trustless systems. What's the relationship between trustlessness and ...
Adel Tahir's user avatar
3 votes
1 answer
123 views

Why we can't build decentralized applications upon Bitcoin?

I have recently gotten into blockchain development and reading from different sources, watching videos I've incurred that we have been building major De-Fi projects, applications upon Ethereum, EVMs ...
Parth Arora's user avatar
1 vote
0 answers
268 views

Creating DID (Decentralized ID) Document using Form - This is the Document that's tied to a DID

New to working with decentralized identities. I can't find a good resource that takes data elements from a form and makes a DID document. Any direction or link would be appreciated! I am working with ...
Mabel Oza's user avatar
0 votes
0 answers
171 views

ERC20 "transferFrom" not transferring balance/token to contract address

I am trying to make a DEX and facing an issue in swapping. I created two contracts. One is Token (of ERC20 type) and other is Exchange. Here is my Token contract. contract Token is ERC20 { address ...
king0fheart's user avatar
2 votes
1 answer
90 views

Can Blockchain technology be really descentralized while using centralized ISP?

There are 15 tier 1 network providers. As I see it the vast majority of internet traffic passes through one of these 15 providers. Since a node has to connect to its peers through one of these ...
fseitun's user avatar
  • 21
0 votes
2 answers
899 views

Updatable attributes for ERC721 Tokens without touching to immutable rarity attributes

I'm trying to implement an ERC721 smart contract with some NonFungible token. Some attribute will never change, about "layout/traits" composition, and others will evolve like XP. Immutable ...
Arthur's user avatar
  • 194
2 votes
1 answer
40 views

What is it that's really decentralized in DEX-es?

The website of a DEX is, and has to be, hosted and run as a normal centralized website Right? What is it then what's decentralized about DEX-es? Is it only the fact that action of exchanging coins ...
tardushechka's user avatar
0 votes
1 answer
515 views

Is a dapp really decentralized if the frontend is hosted on a centralized server?

If we need to access to the Dapp from a website (which requires a central DNS, a central hosting, a central team developing the front etc), does not that mean the app is not decentralized? Can we ...
Enrique's user avatar
  • 105
0 votes
0 answers
305 views

Can binance trace one's IP address or some other private data?

All the validators of the binance networks belong to Binance the company and as such as centralized, right? In case something shady happens, such as a hack that has to do with a vulnerability in a ...
kennya's user avatar
  • 1
1 vote
2 answers
325 views

How does ethereum network keep consistent

Since nodes in Ethereum are decentralized and distributed, how does the system ensure consistency regarding the state of the blockchain. I am aware that a validator, once they find the answer to the ...
Finlay Weber's user avatar
0 votes
0 answers
25 views

What are some good use cases for Ethereum/ERC20 tokens within the context of a robust delivery app?

Say one wants to operate a e-commerce/delivery service app. The app is essentially a 3 sided service- customer app, rider/driver app and vendor app. Think along the lines of FoodPanda, DoorDash, ...
Julia Pak's user avatar
  • 141
1 vote
1 answer
28 views

Could Ethereum support decentralized and not-for-profit stock markets, futures markets, etc?

A lot of the discussion I've heard around crypto seems to fixate on the currency aspect. However, to truly decentralize the global economy, it seems to me like you'd have to also decentralize the ...
J. Munson's user avatar
  • 111
1 vote
0 answers
37 views

What is the meaning of decentralization?

In persuit to understand blockhain decentralization: If I am not wrong, it helps prevent control with one entity. Consider a hypothetical example of a service which takes a string and returns a ...
user3488903's user avatar
1 vote
0 answers
556 views

How does ENS pricing works [closed]

I am just looking for the prices for the ENS. Can anyone help me understand the economics of ENS domain, their price depends on the fluctuations of Ethereum and if we assume that it'll always go up ...
Beginner's user avatar
  • 113
0 votes
1 answer
78 views

What is the Intent of smart contract and decentralization

I have just started on blockchain and found that there are two key benefits with Ethereum: smart contract and decentralization. I tried to understand the benefits they provide and why they could have ...
user3488903's user avatar
0 votes
1 answer
55 views

Is every trade in a decentralised exchange a smart contract?

Is every trade in a decentralised exchange a new smart contract? How does exchanging work in decentralised exchanges?
YulePale's user avatar
  • 1,853
1 vote
1 answer
26 views

Can a decentralized app know the true identity of its users?

I’ve been thinking about the architecture of decentralized applications. I know certain applications like Uniswap and Augur don’t know the identity of its users. Would these applications still be ...
Elijah Hampton's user avatar
0 votes
1 answer
87 views

Decentralized social media apps

Facebook, Instagram and Onlyfans are all centralized social media platforms. You don't have full control over your content once shared, it becomes metaphysically subject to the company's rules and ...
user610620's user avatar
  • 1,528
0 votes
1 answer
951 views

What node(s) does Ethereum broadcast a transaction first? How is it determined?

When I as a user make a transaction, where or what node(s) does it get sent to first? How does an Ethereum node, in terms of implementation details, determine that? Does it send a new transaction to, ...
DoctorDoom338's user avatar
0 votes
1 answer
38 views

How are difficulty of finding a proof of work dynamically regulated without a central body? [duplicate]

The probability of a miners to mine a block dynamically changes so that blocks are mined at regular intervals.How does block chains accomplish this without a central regulating body,
Thulashitharan D's user avatar
1 vote
1 answer
53 views

Conceptual Question: What is the point of making an auction decentralized?

I understand how a blockchain works, I know the pro/cons between a centralized vs decentralized system. My question is specifically tied to auctions (eg: ascending auctions): what advantages would be ...
nz_21's user avatar
  • 279
1 vote
2 answers
178 views

Better Platform to store data out of ethereum blockchain

What can be the better alternative for someone who is willing to store data off-chain? What smart-contract suppose to do is just sign a transaction and perform, while every piece of information needs ...
NinjaMAN's user avatar
  • 419
5 votes
1 answer
359 views

How is Chainlink decentralized? [closed]

I believe one of the main criticisms of chainlink is that it is not decentralized enough, adding more nodes would be a big step in a positive direction. When I pull data through a node, that node ...
Keenan Olsen's user avatar
2 votes
1 answer
99 views

How is the volume for the currency pair accounted for on chainlink's reference data feed?

https://feeds.chain.link/ - link for reference. Let's take the LINK/USD feed for example: From my understanding, the aggregation contract fetches the price of LINK in USD from the node operators who ...
Keenan Olsen's user avatar
1 vote
0 answers
80 views

where to host express api that communicates with smart contract to be fully decentralised?

I need to host express api that communicates with smart contract to be fully decentralised. Any to host it decentralised.
Cryptoineer's user avatar
0 votes
1 answer
111 views

where to host my react fornt end and express endpoint that interact with smart contract to be fully decentralised?

where to host my react fornt end and express endpoint that interact with smart contract to be fully decentralised. Are there any option to host it decentralised any cloud provider other than ...
Cryptoineer's user avatar
1 vote
1 answer
58 views

How are decentralised leverage platforms like dydx able to provide leverage to the traders? [closed]

I just started getting along the fundamentals of DeFi and was planning to make a basic decentralised leverage trading platform. I have the confusion as to how the existing platforms(like dydx, DDEX ...
Anshu Jalan's user avatar
0 votes
0 answers
56 views

where to host my Java web app to fully decentralised?

I need a idea to host my webapp to be on some secure distributed network. my client doesn't want to deployed on aws or gcp. he wants it to be on decentralised network p2p. Your suggestion and advice ...
Cryptoineer's user avatar
0 votes
1 answer
38 views

How come Blockchain Voting is decentralised and secure if it's controlled by ethereum network?

I'm building a voting Dapp using ethereum blockchain but I have a doubt. The best thing about blockchain is that it's decentralized, transparent and secure i.e. no middleman or centralized server ...
minsuga's user avatar
  • 103
0 votes
1 answer
158 views

Ethereum Petabyte Storage Problem

As the need of blockchain systems grows so will be the storage issues and the cost of handling such large amounts of data. Is ethereum capable of handling petabyte storage or is it upto an ...
asing177's user avatar
  • 141