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Month: September 2022

CBDC vs. Stablecoin - A Comparison

What is the Difference Between Stablecoin Vs. CBDC – A Comparison

Introduction Since Bitcoin’s inception back in 2009, cryptocurrencies have come quite far, with there being over 320 million crypto users worldwide as of 2022. While Bitcoin is yet to be officially accepted and regulated by any of the major countries in the world, they are seen as a threat to fiat finance by most central …

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What is Staking Crypto

What is Staking Crypto and all the Knowledge You Need

If you have been in the crypto space for a while now, you’ll know Ethereum has recently shifted to a proof-of-stake consensus algorithm from its previous proof-of-work one. The upgrade has reportedly cut down on the Ethereum blockchain’s energy usage by 99.95%.  Now, as a newcomer, you might be wondering “what is staking crypto on …

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What Is Proof-of-Authority - Explained

What Is Proof-of-Authority? – Explained

While proof-of-work was the very first consensus mechanism used on a blockchain, as the technology has evolved, more and more innovative consensus mechanisms have come into play to add to various features of blockchains. If you’re in the know regarding advances in the blockchain tech, PoA or proof-of-authority is a phrase you may have heard. …

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What is Waves - Everything you need to know about Waves : THUMBNAIL

What is Waves? Everything You Need To Know About Waves

What is Waves?  Being a web 3.0 enthusiast, you’re sure to have dreamt of creating your own DApp and launching your own crypto tokens. However, this usually requires that you have extensive knowledge of programming smart contracts, with expertise in languages like Solidity, Javascript, Rust, etc. With the Waves blockchain, on the other hand, the …

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What is a Hyperledger Fabric: A Pioneer of Blockchain

What is a Hyperledger Fabric? A Significant Blockchain

Hyperledger Fabric is a collaborative venture that is currently being hosted by Linux Foundation. Recently, the second-gen version of Hyperledger Fabric was launched, offering faster transactions, updated smart contracts, and streamlined data sharing. Now, a lot of you would have multiple questions about this blockchain framework and would want to understand what is Hyperledger Fabric. …

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What is a Transaction in the Blockchain

What is a Transaction in the Blockchain?

Transferring and storing funds under the centralized finance system has been efficient so far. A good example is Indian government’s UPI payment architecture. However, it has all the issues that comes with a centralized system. For instance, citizens’ information is collected and stored on a central database that is not foolproof from privacy and human …

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Soft Fork vs Hard Fork : What Are the Differences

Soft Fork vs Hard Fork: What Are the Differences?

While understanding the underlying structure of blockchain technology, we only see what is on the surface. We see a ledger that maintains the records of all transactions, gets updated through a consensus mechanism and stores information cryptographically. But a lot of backend processes never meet the eye of a layman or a person who isn’t …

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What is Crypto Lending and How Does it Work

What is Crypto Lending and How Does it Work?

A process of lending and borrowing wherein the hassle of paperwork and a regulating central authority is eliminated sounds too good to be true, isn’t it? Envisioning the same, the concept of decentralized crypto lending has been brought to the table for everyone to enjoy financial freedom via cryptocurrencies. Crypto lending is a way for …

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Centralized Exchange (CEX) Vs. Decentralized Exchange (DEX) - A Comparison

Centralized Exchange (CEX) Vs. Decentralized Exchange (DEX) – A Comparison

As the popularity of crypto grows across the globe, more and more of the general populace are interested in trying out crypto trading. Numerous crypto exchanges are there to facilitate these trades, but did you know there can be different types of crypto exchanges, and what the differences between these exchanges are? When it comes …

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