Blockchain is a multi-purpose technology that has different applications. One of such applications is its use in the protection of royalty and copyright. This article talks about the challenges of the existing Intellectual Property Rights (IPR) system and how...
Ethereum is one of the biggest and most popular cryptocurrency projects as the leading blockchain for decentralized applications (dApps) due to its compatibility with smart contracts. However, its popularity has led to congestion and high gas fees, thus, a...
Blockchain is one of the most disruptive technologies worldwide, and applying the technology to any industry can offer tremendous benefits. Numerous industries can benefit from using blockchain technology and improve the functioning of their business. The Dental Care industry...
Blockchain technology has helped in the digital revolution of many industries, including the pharmaceutical industry. According to Statista, worldwide spending on blockchain solutions will rise to $5.9 billion by 2023. Big Pharma is betting on blockchain technology to help...
Cryptocurrencies are virtual assets secured by cryptography and operate on a decentralized network powered by blockchain technology. The terms cryptocurrency and blockchain still sound complex to many. However, Bitcoin as a digital asset has been in the news for...
The high amount of energy consumed by Proof of Work (PoW) systems led to many in the cryptocurrency space looking for more efficient and greener alternatives. While Proof of Stake (PoS) systems emerged as a viable alternative to PoW,...
With Algorand (ALGO) 's price more than doubling to over $2 in a month, many people have started paying attention to the Algorand protocol. While the price action of Algorand has been impressive, the technology behind the protocol is...
Proof of Work (PoW) and Proof of Stake (PoS) are two of the most used consensus mechanisms by blockchains in the crypto space. While PoW is the consensus mechanism that is considered to be the original idea of how...
What is Proof of Stake? The first generation of blockchains used the Proof of Work consensus mechanism, which is currently being used by Bitcoin. Proof of Stake was created to solve the issues noticed in the forerunner of blockchain...
The Proof of Work concept has been around for a long time, longer than the Proof of Stake consensus mechanisms and other chains in existence. Its origin is traced to the 1990s when Dwork and Naor developed the concept in...
