A blockchain is a decentralized, distributed digital ledger that securely records transactions across a network. Blockchains are central to Web3 and NFT ecosystems, enabling trustless, permissionless environments for buying, selling, and trading digital assets. DebitMyData, like OpenSea, supports multiple blockchain networks—each offering unique benefits to creators, collectors, and developers. Here's a comprehensive breakdown of the blockchains currently compatible with DebitMyData. 1. EthereumType: Layer 1 (L1)Native Token: ETHEthereum is the most widely used blockchain for NFTs, known for its robust smart contract functionality. As the foundational blockchain for many dApps and marketplaces, Ethereum offers high security, decentralization, and wide adoption—making it a top choice for creators. 2. PolygonType: Sidechain (EVM-Compatible)Native Token: MATICPolygon is an Ethereum-compatible sidechain offering lower transaction fees and faster speeds. Its compatibility with the Ethereum Virtual Machine (EVM) allows developers to easily migrate or deploy dApps. It's widely adopted for NFTs due to affordability and scalability.<div></div><h3>3. Klaytn</h3>Type: Layer 1 (L1)Native Token: KLAYLaunched by GroundX (a subsidiary of Kakao), Klaytn focuses on metaverse, gaming, and the creator economy. Known for its high throughput and low latency, it's ideal for fast NFT transactions and gaming applications.<div></div><h3>4. Arbitrum</h3>Type: Layer 2 (L2)Native Token: ARBArbitrum leverages optimistic rollups to scale Ethereum transactions. This results in lower gas fees and faster confirmation times, making it a cost-effective choice for NFT minting and trading. 5. OptimismType: Layer 2 (L2)Native Token: OP (primarily for governance)Optimism is another L2 blockchain using optimistic rollups to reduce fees and latency. It’s EVM-compatible, making it accessible to Ethereum developers and ideal for deploying dApps and NFT platforms.<div></div><h3>6. Avalanche</h3>Type: Layer 1 (L1)Native Token: AVAXAvalanche utilizes a unique consensus mechanism that enables high throughput and sub-second finality. It's commonly used for DeFi, dApps, and NFTs due to its speed and scalability.<div></div><h3> </h3><h3>7. Zora Network</h3>Type: Layer 2 (L2)Technology: Built on OP StackZora Network is an NFT-focused blockchain launched in 2023. It prioritizes creator-first economics and efficient minting. Fully Ethereum-compatible, it offers seamless integration for NFT artists.<div></div><h3>8. Base</h3>Type: Layer 2 (L2)Built By: CoinbaseBase aims to onboard the next billion users into Web3. It’s optimized for dApps, NFTs, and DeFi, and does not have a native token. Base benefits from Ethereum’s security and ecosystem.<div></div><h3>9. Blast</h3>Type: Layer 2 (L2)Launch Year: 2024Blast is an Ethereum-compatible L2 solution focusing on scalability and performance. It is optimized for speed and efficient NFT transactions.<div></div><h3>10. Sei</h3>Type: Layer 1 (L1)Consensus: Proof-of-StakeNative Token: SEISei is known for its high-speed trading capabilities. It’s optimized for NFT and DeFi platforms, supporting secure and low-latency transactions. 11. B3Type: Layer 3 (L3)Focus: GamingB3 is built on Base and designed specifically for fast, low-cost gaming and NFT applications. It leverages Base ETH for transactions and provides enhanced UX for players and creators. 12. BerachainType: Layer 1 (L1)Consensus: Proof-of-Liquidity (PoL)Native Token: BERABerachain is an EVM-identical blockchain, offering full compatibility with the latest Ethereum upgrades. It provides unique staking incentives for liquidity providers and NFT platforms.<div></div><h3>13. Flow</h3>Type: Layer 1 (L1)Native Token: FLOWFlow uses its native smart contract language (Cadence) and supports EVM-equivalence for wallet compatibility. It's ideal for high-scale NFT projects and well-known for sports and entertainment NFTs.<div></div><h3>14. ApeChain</h3>Type: Arbitrum Orbit ChainNative Token: APEApeChain leverages Arbitrum infrastructure and powers a comprehensive ecosystem. It’s ideal for community-driven NFT projects and is compatible with MetaMask and other Web3 wallets.<div></div><h3>15. Soneium</h3>Type: Layer 2 (L2)Focus: Creators &amp; InteroperabilitySoneium connects Web2 and Web3, providing a collaborative space for creators. It uses ETH for gas and is fully compatible with EVM wallets.<div></div><h3>16. Shape</h3>Type: EVM-EquivalentUnique Feature: "Gasback"—creators earn a portion of gas fees spent by users.Shape is focused on rewarding creators and maintaining low gas costs. It supports ETH transactions and integrates with standard Web3 wallets.<div></div><h3>17. Unichain</h3>Type: Layer 2 (L2)Provider: Uniswap LabsUnichain is a high-speed, low-cost blockchain supporting cross-chain liquidity. It seamlessly integrates with Ethereum wallets and is optimized for decentralized finance and NFT applications.

A blockchain is a decentralized, distributed digital ledger that securely records transactions across a network. Blockchains are central to Web3 and NFT ecosystems, enabling trustless, permissionless environments for buying, selling, and trading digital assets. DebitMyData, like OpenSea, supports multiple blockchain networks—each offering unique benefits to creators, collectors, and developers. Here's a comprehensive breakdown of the blockchains currently compatible with DebitMyData.

what-blockchains-are-compatible-with-debitmydata

What blockchains are compatible with DebitMy

Blockchain technology is constantly evolving—and one of the most powerful mechanisms behind this evolution is the blockchain fork. Whether you're a crypto enthusiast, developer, or investor, understanding what forks are and why they matter is essential to navigating the web3 space.
In this blog, we’ll explore what blockchain forks are, how they work, the differences between hard forks and soft forks, why they happen, and real-world examples from major blockchain networks like Ethereum and Bitcoin What Is a Blockchain?Before diving into forks, let’s quickly revisit what a blockchain is.A blockchain is a decentralized, distributed ledger that records transactions across a network of computers. Each “block” in the chain contains a list of transactions, and they are linked together in a chronological, immutable sequence—forming the “chain.”

Blockchains operate without centralized authority, relying on consensus mechanisms to validate and secure data across the network. What Is a Blockchain Fork?A blockchain fork occurs when a blockchain network splits into two or more paths, creating new versions of the ledger. This can happen for several reasons—ranging from technical upgrades to ideological disagreements within the community.Forks are a natural part of blockchain development and can lead to:<ul data-start="1599" data-end="1704">
<li data-start="1599" data-end="1618" class="">
Protocol upgrades
</li>
<li data-start="1619" data-end="1653" class="">
Improved scalability or security
</li>
<li data-start="1654" data-end="1704" class="">
The launch of entirely new blockchain ecosystems
</li>
</ul>


There are two main types of forks: hard forks and soft forks. What Is a Hard Fork?A hard fork is a permanent, backward-incompatible change to a blockchain's protocol. It creates two distinct chains that no longer recognize each other’s transactions.Hard forks typically occur when:<ul data-start="2016" data-end="2211">
<li data-start="2016" data-end="2114" class="">
Fundamental changes to the blockchain’s rules are made (e.g., block size or consensus algorithm)
</li>
<li data-start="2115" data-end="2166" class="">
There is a deep disagreement within the community
</li>
<li data-start="2167" data-end="2211" class="">
A new direction for the network is desired
</li>
</ul>



To continue on the upgraded chain, all participants (nodes, miners, validators) must upgrade their software. Those who don’t will remain on the old chain, which may evolve into a separate project with its own ecosystem and cryptocurrency. Real Example: Ethereum’s Merge
In September 2022, Ethereum underwent “The Merge”, a hard fork that shifted its consensus mechanism from PoW to PoS. While most of the community adopted the new version, a subset continued the old PoW chain, creating a new project called EthereumPoW.<h2 data-start="2760" data-end="2786" class="">What Is a Soft Fork?</h2>A soft fork is a backward-compatible upgrade to a blockchain. Unlike hard forks, soft forks allow updated and non-updated nodes to still interact—though with some limitations.Soft forks:<ul data-start="2981" data-end="3148">
<li data-start="2981" data-end="3019" class="">
Do not usually create a new coin
</li>
<li data-start="3020" data-end="3092" class="">
Require only a majority of nodes or validators to adopt the update
</li>
<li data-start="3093" data-end="3148" class="">
Enable protocol changes without splitting the network
</li>
</ul>However, older nodes may not recognize transactions using new rules unless they upgrade.<h3 data-start="3240" data-end="3274" class="">&nbsp;Use Case: Bitcoin’s Taproot</h3>





In 2021, Bitcoin implemented Taproot, a soft fork that enhanced transaction privacy and efficiency while laying the groundwork for smart contracts and Layer 2 scaling solutions like the Lightning Network.<h2 data-start="3490" data-end="3527" class="">&nbsp;How Do Blockchain Forks Happen?</h2>Forks typically start with a proposal, detailing:<ul data-start="3583" data-end="3684">
<li data-start="3583" data-end="3617" class="">
The motivation behind the change
</li>
<li data-start="3618" data-end="3644" class="">
Technical specifications
</li>
<li data-start="3645" data-end="3684" class="">
Whether a hard or soft fork is needed
</li>
</ul>


From there, the proposal goes through community discussions, voting, and development. In PoW Networks
Miners vote with their computing power. If a critical mass supports the change, the fork proceeds. Those against it may mine a separate chain. In PoS Networks
Validators vote based on their stake (amount of tokens held). If the majority agrees, the fork goes live. Dissenters can withdraw their stake and launch a new fork with different rules. Why Do Forks Happen?Forks are necessary for the growth and security of blockchain ecosystems. Common reasons include:<ul data-start="4286" data-end="4671">
<li data-start="4286" data-end="4381" class="">
Scalability improvements 
(e.g., Bitcoin Cash fork to increase transaction throughput)
</li>
<li data-start="4383" data-end="4453" class="">
Security patches 
(e.g., quick forks in response to exploits)
</li>
<li data-start="4455" data-end="4540" class="">
Ideological splits 
(e.g., Ethereum Classic vs. Ethereum after The DAO hack)
</li>
<li data-start="4542" data-end="4628" class="">
Upgrading consensus mechanisms 
(e.g., Ethereum’s transition from PoW to PoS)
</li>
<li data-start="4630" data-end="4671" class="">
Enhancing features or functionality
</li>
</ul>


While forks can strengthen a network, they also require coordination and resources. Without proper support, new forks can become inactive or obsolete.Notable Examples of Blockchain Forks<ul><li>Ethereum: The Merge (2022):&nbsp;Transitioned Ethereum to a PoS model, reducing energy consumption by over 99%. Resulted in a new PoW-based chain called EthereumPoW.</li><li>Ethereum: Shapella Fork (2023): Enabled staking withdrawals for validators, increasing liquidity and flexibility within Ethereum’s PoS ecosystem.</li><li> Ethereum: The DAO Fork (2016): After a major hack, Ethereum’s community hard forked the chain to recover lost funds. Opponents of the rollback continued with the original chain, now known as Ethereum Classic.</li><li>Bitcoin: Bitcoin Cash (2017: Forked over a debate on block sizes. Bitcoin Cash aimed to support higher transaction volumes, while Bitcoin stayed focused on being a store of value.</li><li> Bitcoin: Taproot Upgrade (2021): A soft fork that enhanced privacy, efficiency, and smart contract capabilities for Bitcoin.</li></ul>Blockchain forks are essential for upgrading, innovating, and decentralizing decision-making in blockchain networks. Whether it’s a subtle update or a major split, forks represent the will of a blockchain’s community in action.
Understanding forks—especially the difference between hard and soft forks—helps you better navigate the blockchain space, whether you're building on-chain or simply staying informed.

Blockchain forks are community-driven changes to the codebases or protocols of the blockchains that usually alter their...

what-are-blockchain-forks

What are blockchain forks?

﻿Before the rise of web3 and blockchain, the world relied heavily on banks and institutions to manage transactions. From transferring money to confirming ownership of legal assets, these centralized entities set their own rules—sometimes transparent, often not—and stored records in databases accessible only to a few.But what if code could replace bureaucracy? What if agreements were self-executing, requiring no middleman and governed solely by logic and transparency?Welcome to the world of smart contracts. What Is a Smart Contract?At its core, a smart contract is a self-executing program that runs on a blockchain. It automatically enforces the rules and terms of an agreement, without the need for human intermediaries.Instead of relying on institutions, smart contracts allow parties to interact directly. The contract’s rules—like cost, payment, and authorization—are written into code. Once conditions are met, the code runs automatically.Smart contracts are central to the functioning of:<ul data-start="1271" data-end="1379">
<li data-start="1271" data-end="1303" class="">
Non-fungible tokens (NFTs)
</li>
<li data-start="1304" data-end="1344" class="">
Decentralized applications (dApps)
</li>
<li data-start="1345" data-end="1379" class="">
Decentralized finance (DeFi)
</li>
</ul><h2 data-start="1386" data-end="1421" class="">\Where Did the Term Come From?</h2>The term “smart contract” was coined in the 1990s by Nick Szabo, a computer scientist and cryptographer. He described them as:<blockquote data-start="1554" data-end="1675">
“A set of promises, specified in digital form, including protocols within which the parties perform on these promises.”
</blockquote>Today, those “promises” are encoded into blockchain systems, enabling everything from NFT ownership to complex DeFi transactions. How Smart Contracts WorkSmart contracts operate on “if this, then that” logic. Nick Szabo famously compared them to vending machines:<ul data-start="1960" data-end="2184">
<li data-start="1960" data-end="2068" class="">
A vending machine releases a snack only when the correct buttons are pressed and the right amount is paid.
</li>
<li data-start="2069" data-end="2184" class="">
Similarly, a smart contract executes its programmed action only when specific inputs or conditions are fulfilled.Automation with Purpose</li></ul>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Once deployed, smart contracts run without external input. They execute automatically and cannot be&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; changed without consensus on the blockchain.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; However, like most blockchain operations, interacting with smart contracts typically requires gas fees—a small payment made to compensate the network validators who process and confirm transactions. Where Smart Contracts LiveSmart contracts are hosted on blockchains, which are decentralized networks of computers (or nodes) that validate and store transactions. These contracts are:<ul data-start="2769" data-end="2929">
<li data-start="2769" data-end="2842" class="">
Immutable: Once deployed, their code and history cannot be altered.
</li>
<li data-start="2843" data-end="2929" class="">
Publicly accessible: Anyone can view and verify the contract's code and history.
</li>
</ul>Popular blockchains that support smart contracts include:<ul data-start="2989" data-end="3030">
<li data-start="2989" data-end="3003" class="">
Ethereum
</li>
<li data-start="3004" data-end="3014" class="">
Base
</li>
<li data-start="3015" data-end="3030" class="">
Avalanche
</li>
</ul><h2 data-start="3037" data-end="3073" class="">Key Benefits of Smart Contracts</h2><ul><li>Transparent and Secure</li></ul>Smart contracts are public and inherit the security of the blockchain. Anyone can verify what the contract does and how it operates. On platforms like OpenSea, users can even trace NFT smart contract details by viewing the “Contract Address,” which links to blockchain explorers like etherscan.io.<ul><li>Speed and Efficiency</li></ul>Smart contracts automate complex tasks with purpose-built code. As a result, related transactions (like NFT transfers) can be processed quickly and reliably on-chain.<ul><li>Immutable Record</li></ul>All activity involving a smart contract—including NFT ownership changes—is permanently recorded on the blockchain. Updates can only occur once validators reach consensus, making tampering virtually impossible.<h2 data-start="3851" data-end="3892" class="">What Are Smart Contracts Used For?</h2>Smart contracts have a wide range of use cases, especially in the web3 space. Two of the most prominent include NFTs and dApps.<h3 data-start="4031" data-end="4064" class="">NFTs (Non-Fungible Tokens)</h3>NFTs are unique digital items—artwork, collectibles, digital real estate, and more—whose ownership is tracked via smart contracts. These contracts ensure:<ul data-start="4221" data-end="4299">
<li data-start="4221" data-end="4241" class="">
Proof of ownership
</li>
<li data-start="4242" data-end="4262" class="">
Seamless transfers
</li>
<li data-start="4263" data-end="4299" class="">
Enforced royalties and permissions
</li>
</ul><h3 data-start="4301" data-end="4342" class="">dApps (Decentralized Applications)</h3>dApps are applications built using blockchain protocols. Unlike traditional apps owned by a single entity, dApps can be:<ul data-start="4469" data-end="4597">
<li data-start="4469" data-end="4504" class="">
Operated by peer-to-peer networks
</li>
<li data-start="4505" data-end="4544" class="">
Built on decentralized infrastructure
</li>
<li data-start="4545" data-end="4597" class="">
Controlled by communities rather than corporations
</li>
</ul>What makes an app a “dApp” isn’t its interface—it’s how it uses smart contracts to manage logic and functionality on-chain. NFTs and Smart Contracts: A Symbiotic RelationshipSmart contracts are the foundation of NFTs. They handle everything from minting and ownership tracking to transfer logic and resale royalties.















































Take Seaport, for example—a smart contract protocol that enables NFT transactions based on signed instructions. Validators process those instructions using the rules defined in Seaport’s smart contract—allowing for efficient, trustless trades between parties.

Smart contracts are blockchain-based automated computer programs that enforce their coded rules.

what-is-a-smart-contract

What is a smart contract?

Ethereum has come a long way since its inception, but the vision doesn’t stop here. One of the most exciting developments on the horizon is Danksharding—a future upgrade that promises to scale Ethereum to over 100,000 transactions per second (TPS).While we’re not there yet, the Ethereum community is actively laying the groundwork through an interim solution known as proto-danksharding. In this blog, we’ll break down what danksharding is, how it relates to Layer 2 solutions, and what proto-danksharding brings to the table today. What Is Danksharding?Danksharding is a future upgrade to Ethereum’s architecture that aims to massively scale the network’s transaction throughput and reduce data costs. Once fully implemented, it could make Ethereum capable of handling 100,000+ TPS, a game-changing milestone for blockchain scalability.However, Danksharding isn’t live yet. Instead, Ethereum is taking a phased approach—starting with proto-danksharding, which introduces some foundational elements. Understanding Layer 2 BlockchainsTo understand danksharding, it’s important to first understand Layer 2 (L2) blockchains.L2s are protocols that sit on top of Ethereum (Layer 1) to increase scalability and efficiency. They process transactions off-chain and then post a summary of those transactions back to Ethereum.Among these L2s, two types dominate the discussion:<ul data-start="1661" data-end="1727">
<li data-start="1661" data-end="1685" class="">
Optimistic Rollups
</li>
<li data-start="1686" data-end="1727" class="">
zk-Rollups (Zero-Knowledge Rollups)
</li>
</ul>Both technologies “roll up” hundreds of transactions into a single one—making it faster and cheaper to use Ethereum. But there’s a tradeoff: more rollup activity leads to more data being posted back to Ethereum, increasing storage needs.<h2 data-start="1977" data-end="2019" class="">Enter: Proto-Danksharding (EIP-4844)</h2>As Ethereum moves toward its danksharding goal, the network is rolling out a critical stepping stone: proto-danksharding, proposed under EIP-4844.<h3 data-start="2177" data-end="2201" class="">What’s in a Name?</h3>The name “proto-danksharding” comes from its creators: Protolambda and Dankrad Feist. It's designed as a temporary step before full danksharding is deployed.<h2 data-start="2374" data-end="2405" class="">The Problem with CALLDATA</h2>Currently, L2 rollups post their data to Ethereum using something called CALLDATA. This method:<ul data-start="2507" data-end="2626">
<li data-start="2507" data-end="2541" class="">
Stores data permanently on-chain
</li>
<li data-start="2542" data-end="2573" class="">
Takes up valuable block space
</li>
<li data-start="2574" data-end="2626" class="">
Is expensive for both developers and end users
</li>
</ul><h3 data-start="2628" data-end="2652" class="">The Blob Solution</h3>Proto-danksharding changes that by introducing a new concept: blobs.<ul data-start="2728" data-end="2941">
<li data-start="2728" data-end="2792" class="">
A blob is a temporary data structure that lives off-chain.
</li>
<li data-start="2793" data-end="2879" class="">
Unlike CALLDATA, blobs are not accessible to the EVM (Ethereum Virtual Machine).
</li>
<li data-start="2880" data-end="2938" class="">
They are automatically deleted after about 3 months.
</li>
</ul>This drastically reduces storage costs and makes it much cheaper to post rollup data to Ethereum.Each blob is tied to a cryptographic proof called a commitment, represented by a polynomial equation. These commitments are verified at multiple stages of a transaction’s journey to ensure data integrity.<h2 data-start="3260" data-end="3301" class="">Danksharding vs. Proto-Danksharding</h2>Think of proto-danksharding as the blueprint for full danksharding.According to Ethereum, the key difference lies in the number of blobs each block supports:<ul data-start="3467" data-end="3558">
<li data-start="3467" data-end="3509" class="">
Proto-Danksharding: 1 blob per block
</li>
<li data-start="3510" data-end="3558" class="">
Danksharding: Up to 64 blobs per block
</li>
</ul>Beyond this, danksharding also introduces upgrades to Ethereum’s consensus layer to handle these larger blobs. Many of these updates are already on the roadmap for other improvements, so the transition to full danksharding will build on existing efforts. When Will Danksharding Launch?As of now, danksharding does not have a set release date. However, the Ethereum community is actively progressing through proto-danksharding’s development.<h3 data-start="4020" data-end="4043" class="">The KZG Ceremony</h3>A key milestone in proto-danksharding’s journey is the KZG Ceremony, a process that generates secure cryptographic parameters for blob verification.





































So far, over 50,000 people have participated, each contributing a unique random string and deleting any previous trace—helping Ethereum build a trustworthy foundation for blob commitments.According to the Ethereum Foundation:<blockquote data-start="4456" data-end="4695">
“The EIP for Proto-Danksharding is mature, the specification is agreed and the clients have implemented prototypes that are currently being tested and made production-ready. The next step is to implement the changes on a public testnet.”
</blockquote>

Once deployed, proto-danksharding will significantly reduce L2 transaction fees and pave the way for full danksharding—making Ethereum faster, cheaper, and more scalable than ever before.

Danksharding is a future upgrade to Ethereum’s architecture that aims to massively scale the network’s transaction throughput and reduce data costs. Once fully implemented, it could make Ethereum capable of handling 100,000+ TPS, a game-changing milestone for blockchain scalability.

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