If you’re wondering “What is cloud mining and what are the advantages of cloud mining?”, you’ve landed at the right spot. Cloud mining is a new and innovative way for individuals and companies to mine for cryptocurrencies without the need to invest in expensive equipment or maintain a physical mining setup. Instead, cloud mining services …
With the Ethereum Merge poised to happen in September 2022, everyone in the crypto space and their mother should be aware of the term ‘Proof of Stake’ by now, even if they had somehow missed hearing of it before. Proof of Stake in blockchain is a consensus mechanism– one that will run Ethereum once The …
What is Proof-of-Stake in Blockchain? A Complete Guide Read More »
While there may have been ample times when you must have come across the word blockchain technology, did you ever wonder what is blockchain technology and what are its utilities?’ Besides being just a buzzword, blockchain technology has become a transformative force not only in the fintech sector but also in multiple other sectors that …
What are Blockchain Nodes? What is a blockchain node, you ask? Blockchain nodes are essential components of a blockchain network. They are a computer or a device that is connected to the network and participates in the verification and validation of transactions. Essentially, nodes help to ensure that the blockchain is a secure and reliable …
What are Peer to Peer Payments? The advent of digitalization calls for a revolution in every industry, including the financial realm. One such revolutionized feature that is a boon to the payments, e-commerce, and other financial sectors is cashless payment or payment via the P2P system. A peer-to-peer or P2P payment system allows you to …
What you Should Know About Peer-to-Peer Payments? Read More »
What is Blockchain Technology? The Internet has allowed people and businesses to collaborate in new ways via networks and communities, where individuals build, self-govern, and flourish. By facilitating a decentralized and transparent collaboration and value exchange within such setups, blockchain technology is writing a new chapter in the history of the internet. However, what precisely …
Pros and Cons of Blockchain Technology: An Ultimate Guide Read More »
You fill your vehicles with gasoline for them to operate and take you to places, right? Similarly, the Ethereum network requires fuel to do operations and in technical terms it is called ‘gas.’ Now, you must be wondering why it has such a generic name. Well, what is gas in cryptocurrency is what we will …
Blockchain is the most powerful tool that has revolutionized many sectors – finance, supply, healthcare, and law. Intending to make different blockchains accessible and interoperable, blockchain bridges fill in various gaps in the crypto ecosystem. Today, interoperability between blockchains is facilitated by many of the best blockchain bridges in the crypto space. What is a …
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Blockchain technology, which began its advent as disruption, has gained the stature of a transformational force considering the multiple utilities it provides and the use cases it can serve across horizontals and verticals, given the key features of blockchain. In this article, we will explore and understand what a blockchain is and, how it works, …
11 Key Blockchain Features You Need to Know In 2023 Read More »
While it is easy to see how revolutionary blockchain is, the scalability trilemma of ensuring scalability, security, and decentralization simultaneously has always been a challenge for blockchains. However, Layer 1 blockchains have emerged as a potential solution to the blockchain trilemma. But what is Layer 1 blockchain, and how does it work? Read till the …
