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?...
Introduction SushiSwap, a popular decentralized exchange (DEX) built on the Ethereum blockchain was launched in August 2020. The story of its launch is quite controversial, and the event is seen as one of the most polarizing incidents to ever...
Introduction If there's one thing everyone can agree on, it's that "cryptocurrency" is no longer just a buzzword. In a remarkable feat, it has become the fastest tech product and industry to hit the trillion-dollar mark, achieving this milestone...
With the coming of cryptocurrencies and Non-Fungible Tokens, many have erroneously thought that only cryptos are digital currencies, but that is far from the truth. This article will go ahead to demystify digital currencies, cryptocurrencies, and much more. As...
