As more individuals became aware of cryptocurrencies and blockchain technology, Bitcoin, Ethereum, and other networks began to struggle with scalability limitations. These issues are especially glaring on the Ethereum blockchain due to the increased interest in decentralized applications and...
A centralized model is used in most online games. This means that all related data is stored on a server under the complete control of the game's administrators. Account information and server history are typical examples of such data....
DeFi is a rapidly growing blockchain sector with enormous potential. Decentralization technologies have the potential to totally transform the financial system, making it safer, more open, and less expensive for end-users. Every year, more and more people learn about...
Globally, the demand for and usage of cryptocurrencies and similar digital assets has steadily increased. A once-ignored digital asset is now being used to send money across borders, stored for speculative purposes, as a key to access the different...
In the wake of the collapse of TerraUSD, an algorithmic stablecoin, it was widely expected that financial regulators would take swift action to set some ground rules for stablecoins. (See “Terra LUNA 99% Crash: How Did It All Go...
In recent times, cryptocurrency usage has skyrocketed globally. More countries are creating regulations guiding cryptocurrency usage, mining, crypto exchanges, etc. The regulations guiding cryptocurrencies in different countries vary based on how the government views them. For example, El Salvador...
The Juno blockchain is one of the newer generations of blockchains created to solve the blockchain trilemma: scalability, security, and decentralization. There is hardly any blockchain that has successfully achieved all three. The Ethereum network, for example, is decentralized...
As the crypto space expands, new cryptocurrencies emerge. Some are intended to serve as the keys to decentralized finance (DeFi) platforms. Some cryptocurrencies' use cases are linked to NFT platforms and their functionalities. In some situations, a coin may...
As blockchain technology continues to establish itself as a new cornerstone of the global economy, its decentralized network architecture faces a unique problem known as the Blockchain Trilemma (which comprises decentralization, security, and scalability). "Blockchain decentralization" refers to the...
Introduction Blockchain works in the same way that the Internet does, with interconnected computers called nodes storing and independently verifying shared data. It is essentially a non-alterable ledger distributed across a network of computers. Blockchain has three key attributes:...
