Blog - rakeshgidwani.com

July 22, 2024

RedStone – The Modular Oracles

A blockchain oracle is a service or a protocol that bridges the gap between the blockchain and the external world by bringing off-chain data onto the blockchain. This capability allows smart contracts to interact with real-world data and build applications based on real-time data. Oracles enable various popular use cases, including trading protocols that rely […]

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April 16, 2024

Exploring the Role of Fully Homomorphic Encryption (FHE) in the blockchain ecosystem

In the current state of cloud computing, encrypting data during transmission is a standard practice. However, to perform any computation on this data, servers must decrypt it first. In such scenarios, the security of the data is only as robust as the security of the server itself. Furthermore, this grants centralized entities controlling these servers […]

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April 4, 2024

Essential building blocks for creating a Layer 2(L2) blockchain

As the Ethereum network transitions towards a more modular architecture, teams have started developing L2 blockchains specifically designed for specific use cases or specific performance requirements. Developers will find themselves at a crossroads, having to choose from various modular components for their L2s. In this post, I will explore the different building blocks that teams […]

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January 29, 2024

Data Availability Layer – One of the critical layers to Blockchain Scalability & Security

The term “data availability” (DA) in the context of Ethereum was first introduced in the Ethereum Improvement Proposal (EIP) 4844 at ETHDenver 2022. It is a key concept that significantly influences both scalability and security of the ethereum blockchain. Data availability refers to the accessibility of transaction data for each block within the blockchain, a […]

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December 27, 2023

Exploring My Top Web3/Blockchain Themes for 2024

Stepping into the world of venture capital in early 2023 after a long career in software product development has significantly altered my perspective on innovation and market trends. I spent a majority of my time last year talking to and investing in the builders in the web3/blockchain industry and what a year it has been […]

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