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Articles / 30 March, 2023

A Comprehensive List of Consensus Algorithms Used in Blockchain Technology

Blockchain technology is built on the concept of decentralization, which means that it is not controlled by a central authority or governing body. In order to achieve this, blockchain uses a consensus algorithm that allows all participants in the network to agree on the state of the network. There are several different types of consensus algorithms, each with their own strengths and weaknesses. In this article, we will explore a comprehensive list of all consensus […]
Articles / 29 March, 2023

Bitcoin: The Digital Gold

Bitcoin, the world’s first decentralized digital currency, has been gaining popularity as a store of value over the past few years. Initially created as an alternative to traditional fiat currencies, Bitcoin’s unique properties make it an excellent asset for storing and preserving value. One of the key features that makes Bitcoin an attractive store of value is its limited supply. Unlike fiat currencies, which can be printed or created at will, Bitcoin has a fixed […]
Articles / 28 March, 2023

Exploring the Many Use Cases of Bitcoin: Beyond the Buzz

Bitcoin is a digital currency that has gained a lot of attention in recent years. Initially viewed as a novel and speculative investment asset, Bitcoin has evolved to become a legitimate form of payment and an innovative tool for financial transactions. While it has been associated with its share of controversies, there are many compelling use cases of Bitcoin that have made it a valuable addition to the financial landscape. Decentralized Currency Bitcoin is a […]
Articles / 27 March, 2023

Understanding Reflections in Cryptocurrency: A Guide to Reward Mechanisms

Cryptocurrency has become increasingly popular in recent years, with new tokens and coins being created regularly. One of the unique features of cryptocurrency is the variety of reward mechanisms that are used to incentivize users to hold and use the token. One of these mechanisms is “reflections,” which rewards users for long-term holding. What are Reflections? In the context of cryptocurrency, reflections refer to a reward mechanism that automatically redistributes a portion of transaction fees […]
Articles / 26 March, 2023

Understanding the Difference between an ICO and an STO

Initial Coin Offerings (ICOs) and Security Token Offerings (STOs) are two popular fundraising methods used by companies in the cryptocurrency industry. While both have similarities, such as being used to raise funds for projects or businesses, there are significant differences between the two. ICOs were the first of the two to be introduced and gained popularity during the cryptocurrency boom of 2017. In an ICO, a company raises funds by issuing tokens or coins that […]
Articles / 25 March, 2023

Scaling Bitcoin: Solutions for Improved Network Performance

Bitcoin, the world’s first and largest cryptocurrency, has experienced tremendous growth in popularity and adoption over the past decade. However, as the number of users and transactions on the network continues to increase, the issue of scalability has become a major concern. In this article, we’ll explore some of the solutions that have been proposed to address this problem and help Bitcoin scale to meet the demands of its expanding user base. The Current State […]
Articles / 25 March, 2023

Sharding in Cryptocurrencies: A Comprehensive Guide

Sharding is a technique used in cryptocurrencies to improve scalability and increase transaction speed. In simple terms, sharding means splitting up the blockchain network into smaller, more manageable parts called shards. Each shard processes a subset of the total number of transactions, which reduces the burden on individual nodes and enables the network to handle more transactions. To understand sharding, it is important to first understand how traditional blockchains work. In a traditional blockchain, every […]
Articles / 24 March, 2023

What is a Hard Fork in Cryptocurrencies?

Cryptocurrencies, also known as digital currencies, are based on blockchain technology. This technology is designed to be decentralized, secure, and transparent, which means that all transactions are publicly visible and recorded on a distributed ledger. However, when there is a disagreement between users on the direction of a cryptocurrency’s development, a hard fork can occur, resulting in a new version of the blockchain with different rules. What is a Hard Fork? A hard fork is […]
Articles / 23 March, 2023

Coin Burning Explained: What It Is and How It Works

Coin burning, also known as token burning, is a process of intentionally destroying a certain number of tokens or coins in circulation in a cryptocurrency. This process is becoming increasingly common in the cryptocurrency world as a way to manage the supply and demand of tokens, and to achieve other goals such as reducing inflation, increasing scarcity, improving network security, or funding development. But how does the coin burning process work? In this article, we […]
Articles / 22 March, 2023

Understanding Circulating Supply in Cryptocurrencies

If you have been following the world of cryptocurrencies, you may have come across the term “circulating supply”. But what exactly does it mean? In this article, we will explore what circulating supply is and why it is an important metric to consider when investing in cryptocurrencies. What is Circulating Supply? Circulating supply refers to the total number of coins or tokens of a particular cryptocurrency that are currently in circulation and available for trading […]

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