This digital currencies trend is believed to be the future of the world by many top investors across the globe. As a start-up, you shouldn’t miss this paper. 1. Equality of living standards: financial inclusivity and anti-corruption More than 2 billion people are unbanked and without access to financial services, which creates huge inequalities in […]
Short for peer-to-peer, P2P networks are a type of distributed network application that dates back to the 1980s when they were first deployed for business purposes. However, the concept was introduced to the public in 1999 when college student Shawn Fanning created a music sharing service, Napster. Nowadays, Peer to peer transfer plays an important […]
This is 6 blockchain developer skills you need for your business. Take note! 1. Excellent Understanding of Blockchain Technology You cannot expect to be a successful blockchain developer unless you understand how decentralized networks work. What is blockchain technology? Blockchain is a distributed database that enables transparent, secure and tamper-proof transactions. It works by using […]
Bitcoin’s consensus mechanism is great, but it’s not perfect. So this topic is about the only consensus protocols manual you need The only consensus protocols manual you need Proof of stake is the most common alternative to proof of work. In this type of consensus algorithm, instead of investing in expensive computing equipment in the […]
With the world’s increasingly strong technological development, distributed systems are becoming more and more widespread. So this topic is about Impressive distributed computing projects you want to know sooner. List of Impressive distributed computing projects Locking services The Locking Service allows a business process to request, renew, or delete a key for a specific resource. […]
Most aspects of our professional and personal lives are governed by contracts and are necessary for modern society to function. As an introduction to Blockchain technology, Smart Contracts play a critical role in making transactions safer and more secure and functioning in an organized manner. Not only that, but it makes other components, such as […]
Money and payments have developed continuously throughout history. This is also true in the digital age. We rely less on cash as we increasingly pay digitally and shop online. Wallets are gradually transitioning from pockets to smartphones and other electronic devices. These developments have far-reaching implications for money, asking whether central banks should issue digital […]
Cryptocurrency has received a lot of criticism for its large carbon footprint. Market biggest Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH) are the worst offenders, consuming as much energy as a medium-sized country. However, not all cryptocurrencies consume a lot of energy. Although many digital currencies (particularly older ones) cause significant computing power, many greener alternatives exist. […]
In the Crypto / Defi space, much innovation is going on. While Ethereum is the dominant blockchain for the Defi economy, many other chains are currently building and developing competitive Defi systems, including Algorand, Avalanche, Cosmos, Polkadot, Tezos, Solana, and others. While these are constructing a parallel Defi ecosystem to Ethereum, the number of new […]
The future of decentralized blockchain networks demands simple interaction and interoperability. Since the inception of Bitcoin in 2009, the number of blockchain networks with varying designs and functionalities has increased dramatically. As the blockchain community has grown, there have been limitations in inter-network communication and data exchange, calling the concept of decentralization into question, given […]
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