Introduction When people live and work together in groups, they often need to establish guidelines and a shared sense of responsibility, known as a "consensus." This consensus represents a set of agreed-upon rules or principles that guide the group's...
Bitcoin and Wrapped BTC are two different cryptos, as the latter is an ERC20 token, which is meant to act as a tokenized version of the bitcoin. WBTC is the tokenized version of BTC that allows its users to...
Since the inception of Bitcoin more than a decade ago, the crypto and blockchain industry has come a long way. Before we were introduced to them, the financial sector relied on banks as central authorities to ensure the safety...
Polkadot was created by a co-founder of Ethereum, Dr. Gavin Wood, and it is designed to permit blockchains to easily transfer value in a trustless manner while sharing their peculiar functionalities with one another. A key aspect of Polkadot...
Many blockchain-based platforms may exist, but Ethereum is one of the largest with thousands of decentralized apps being hosted on it. It is a blockchain ecosystem that has Ether-ETH- as its utility token while possessing Solidity as its programming...
Blockchain operates similarly to the internet, with interconnected computers called nodes that store and independently verify shared data. It is simply a distributed ledger of records that cannot be altered across computers in a network. Blockchain has three key...
When the term ‘internet’ made waves in the 1990s, it seemed like a mystery to many. But look where we are now; virtually everyone has access to it. Can the same be said for blockchain technology? Though this technology...
