a data structure for storing transactional records while maintaining security, transparency, and decentralization Alternatively, a chain of records maintained in the form of blocks that are not controlled by a single authority.
Imagine if you could skip the headache of dealing with complicated property purchases and endless paperwork by just clicking a few buttons. Or picture this: sending money across borders in real-time, without those annoying 5-11% extra charges and the agonizing wait of up to 10 days that old-fashioned financial systems ...
The underlying concept of Vechain is to improve the supply chain of businesses by leveraging on the innovations that blockchain technology offers. Its purpose is quite different compared to other cryptos out there because it is meant to improve the business activities like supply chain processes of both online and ...
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 actions and decision-making process. Without consensus, it becomes difficult to reach ...
DeFi has blown up in the past year, and the on-chain activity has been rapidly increasing. The volumes have been so high recently that popular decentralized exchanges like Uniswap can even compete with the volume on some of the centralized exchanges. As of August 2021, there is almost $69 Billion ...
Binance Chain and Binance Smart Chain are different blockchains belonging to the same ecosystem. Binance Coin (BNB) is the native token of the Binance ecosystem. Binance Chain was an earlier version that was fraught with issues that undermined the growth of the ecosystem. It sacrificed some crucial elements to achieve ...
Polygon, a “Layer 2” solution for the Ethereum blockchain was recently rebranded from its original name, Matic Protocol. It is a protocol that can be used to build and link Ethereum-compatible blockchain networks. As an open-source platform, it offers developers the necessary tools to create a sidechain or a standalone ...
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 is its top-notch security. According to the founders of Polkadot, this ...
Cardano is currently ranked 18th among blockchain ecosystems in terms of total value locked (TVL) in DeFi. While this position might not be the most eye-catching, it's important to note that Cardano boasts a substantial on-chain activity within its ecosystem, with a TVL of $144 million. Since its introduction in ...
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 has been around for slightly over a decade, the concept still ...
