Smart contracts are digital contracts that are self-executing and can be programmed to automatically enforce the terms of the agreement. These contracts are stored on a blockchain, a decentralized and distributed ledger that allows for secure and transparent transactions. The use of smart contracts in various industries is rapidly gaining popularity due to the benefits […]
In 2022, many people are wondering if Bitcoin is actually dead… BTC has been already declared dead multiple times with the latest obituary written by Euro Pacific Bank owner and Gold bug ; Peter Schiff who predicted “Bitcoin will not recover”. In the past year, Bitcoin has fluctuated between a high of $68,789 and a […]
What is an NFT? NFTs have generated a lot of attention recently and become popular in the arts and entertainment worlds. Yet, beyond these early applications, many real-world business use cases from licensing and certifications to real estate to supply chain management and logistics are still at an early stage in the NFT revolution. With […]
When it comes to Bitcoin, Ethereum, and all other ALT coins in general, crypto wallets are an essential tool for buying, trading, selling, and holding cryptocurrencies. No matter if your wallet is hardware or software based, custom crypto wallets offer crypto holders a dedicated and secure solution compared to holding your cryptocurrency on crypto exchanges. […]
In simple terms, Bitcoin mining is the process by which new BTC are created and entered into the Bitcoin circulation. Bitcoin mining is also how the Bitcoin network confirms new BTC transactions and is a critical component of the blockchain ledger’s ongoing maintenance and development. The actual mining is performed using highly sophisticated computer hardware that solves […]
Central Bank Digital Currencies (CBDCs) are digital versions of fiat currencies that are issued and backed by central banks. The idea behind CBDCs is to provide a secure and efficient means of digital payments that can be used by individuals and businesses. The potential impact of CBDCs on blockchain technology is a topic of much […]
The interoperability between blockchain networks refers to the ability of different blockchain networks to communicate and exchange information with each other. This has become an important issue in the blockchain industry as more and more blockchain networks are being developed and deployed. Currently, most blockchain networks operate in isolation, meaning that they are not able […]
Privacy on the blockchain has been a topic of much debate in recent years. Blockchain technology is known for its transparency and immutability, which means that all transactions on the blockchain are recorded and cannot be altered. However, this transparency can be a double-edged sword, as it also means that all transactions are visible to […]
Yield farming, also known as liquidity mining, is a new type of investment strategy that allows investors to earn a return on their assets by providing liquidity to decentralised finance (DeFi) platforms. The goal of yield farming is to earn a higher return on investment than traditional investments, such as stocks or bonds, by taking […]
Blockchain scalability is the ability of a blockchain network to handle an increasing number of transactions per second (TPS) without compromising on security and decentralization. As blockchain technology becomes more widely adopted, the need for scalability solutions becomes increasingly important. The scalability of a blockchain network is a key factor in determining its potential for […]
Security Token Offerings (STOs) are a new form of fundraising that allows companies to raise capital by issuing digital tokens that represent ownership in the company. These tokens are similar to traditional securities, such as stocks or bonds, but they are issued and traded on blockchain platforms. STOs have become increasingly popular in recent years […]
Decentralised Autonomous Organisations (DAOs) are a new type of organisation that is built on blockchain technology. A DAO is a decentralised organisation that is run by a set of rules encoded in smart contracts, and it is controlled by its members through a decentralised decision-making process. The idea behind DAOs is to create organisations that […]
Stablecoins are a type of cryptocurrency that are pegged to the value of a fiat currency, commodity, or other asset. The most common form of stablecoin is pegged to the value of the U.S. dollar, but there are also stablecoins that are pegged to other currencies, such as the euro or the Japanese yen, as […]
Decentralized finance, or “DeFi” is a rapidly growing movement in the world of cryptocurrency and blockchain technology. It is a new way of thinking about financial systems, built on the principles of transparency, security, and decentralization. At its core, DeFi is a set of financial applications and protocols that run on a blockchain, such as […]
Decentralised exchanges, or DEXs, are a new type of cryptocurrency exchange that operates on a decentralised platform. Unlike centralised exchanges, which are controlled by a single entity, DEXs are built on blockchain technology and are decentralised, meaning that they are not controlled by any single entity. This gives users more control over their assets and […]
What is blockchain and how does it work? Thanks to the 2020 cryptocurrency bull run, people young and old have been riding the cryptocurrency trend attempting to striking it rich. But most people still don’t understand the basics, and what blockchain even is. The fact is that blockchain technology is one of the most-hyped innovations […]