Over the last few years, the DeFi or decentralized finance ecosystem has seen a meteoric rise. Currently, there’s over $90 Billion in Total Valued Locked (TVL) across different DeFi protocols, and the space continues to grow at a tremendous...
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...
Cryptocurrencies are digital assets protected by strong cryptographic algorithms and powered by blockchain technology. Stocks, on the other hand, could be referred to as equities or shares. They represent proportionate ownership in a company or corporate organization. Cryptocurrencies that...
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...
It is common to hear claims that crypto trading and forex trading are the same things because they both need the internet to carry out trading activities. Though they may bear some similarities, they are still worlds apart- both...
Being a relatively new asset class, cryptocurrency is still very much confusing to many. With the crypto space gaining tremendous popularity over the years, there are many myths and rumors about the market in general, especially for the uninitiated....
Blockchain technology has changed the way data is processed and gradually altering the way financial transactions are conducted. Have you ever sent funds to someone in another country and it took days for the recipient to get the money?...
