DeFi Saver: Making It Easier To Manage DeFi Assets

DeFi is a blockchain term that refers to decentralized finance, and the ethos of the term refers to the creation of an open financial system that doesn’t rely on authorities or intermediaries. Today most DeFi activity is on the Ethereum network and ranges from digital assets to financial smart contracts to protocols.

With DeFi, developers can program applications that can store, lend, borrow, or otherwise manage digital assets. These applications often come to life in the form of smart contracts or protocols — which can be leveraged by other developers to build on. 

Today we will explore this emerging world that seeks to reinvent the financial system. 

Internal Transaction Monitoring Is The Missing Puzzle Piece To Understanding Your Smart Contract Activity

Blockchains are transaction engines, enabling the exchange of value in ways that have not been possible before. The potential is exciting. But the complexity of smart contract-based transactions can make it difficult for even the most experienced Ethereum developers to understand what is actually going on with a transaction.

Today, we are excited to announce that Notify — Blocknative’s real-time blockchain transaction management and monitoring platform — now makes it easier to understand value transfer with support for internal transactions.

A Note On Nodes: Your Gateway To The Mempool

Nodes act as a gateway to the Ethereum network. Before a miner can include your transaction in a block, a node must first accept it. And understanding how nodes accept transactions can unlock insights into how Ethereum works.

Our goal with this Mastering the Mempool series is to help you understand this crucial — but often under-explored — element of Web3. We suggest starting with our first post in the series, where we cover many of the core concepts of the mempool. 

In this post, we explore how transactions enter the Ethereum mempool.

Mastering the Mempool: Your Intro to In-Flight Transactions

The mempool is the gateway to the blockchain. Before anything can be written on a block, it must first move through the mempool. And this important piece of Web3 is often overlooked.

Since the mempool dictates how every transaction gets written to and confirmed on-chain, understanding the mempool can help you understand what is happening with your in-flight transactions and unlock deep insights into how blockchains work.

In the course of building infrastructure to monitor the mempool, we've learned a lot about how it works. We want to share our insights about this fascinating part of the Ethereum ecosystem. To start, let’s introduce what the mempool is and why it matters to you and your Dapp.