Double Spending in Cryptocurrency

If anything can prove the great possibilities of financial technology world over then cryptocurrency is it. Over the years, technologists struggled to come up with a purely virtual currency. But, such efforts all fell flat when it came to verification of transactions and curbing possible double spending. But lo and behold, blockchain technology and cryptography … Read more

Centralized Exchange (CEX) in Cryptocurrency

Something that any serious person involved with cryptocurrencies as a trader or otherwise knows is that the coins are bought from various reputable exchanges. In any case, a cryptocurrency exchange acts just like any other brokerage by allowing investors or traders to use fiat money to buy any crypto of choice. Some exchanges have few … Read more

Polygon (MATIC); a masterpiece frontier by Ethereum

There is already much information out here about Ethereum. You will remember that Ethereum is the native blockchain for ether which is among the fastest rising crypto around today. Today, fin-techies involved in Ethereum ecosystem are working around the clock to perfect the crypto, probably in ambitious efforts aimed at overstepping the pioneer, Bitcoin. Polygon, … Read more

Protocol in Cryptocurrency

A protocol refers to a set of rules which allow data to be shared among computers. In cryptocurrencies, the protocol establishes a blockchain structure. Blockchains are different. However, it is a protocol that determines the way they work. Protocols do not only exist in the crypto world. For instance, in every organization, there is a … Read more

Decentralized Exchange (DEX) in Cryptocurrency

A decentralized exchange (DEX) in cryptocurrency refers to a peer-to-peer marketplace in which the traders trade cryptos in a non-custodial way. There is no intermediary involved in facilitating the custody and transfer of funds. DEXs substitute intermediaries including payment processors, brokers, banks, as well as other institutions. In addition, blockchains have smart contracts facilitating asset … Read more

Cryptocurrency Gas Fees

Probably you have come across the increasing talk about the high energy demands for bitcoin mining. It doesn’t come easily to understand how is cryptocurrency mining and energy related. But, there is a strong linkage which recently made lawmakers in the USA concerned. This topic “US Congressional Group ‘Disturbed’ by Crypto Mining Energy Usage” features … Read more

Nodes in cryptocurrency and How they work

As more people around the globe get deeply immersed in stretching the potential of financial technology, new cryptocurrencies keep emerging. Actually, just as there is a rush to own cryptocurrency, there are great investments put in creating new ones. Even as cryptocurrency miners and traders keep the supply-demand dynamics, it is a great idea to … Read more

Ethereum Name Service (ENS)

Ethereum is among the most prominent open-source blockchain that anchors a native cryptocurrency called ether. Any serious cryptocurrency trader or investor can’t by any chance miss having details about ether, it’s strong points and downsides. Over and above the basic knowledge about Ethereum, it greatly pays to goa notch higher and dice Ethereum Name Service … Read more

Cryptocurrency isn’t a Blockchain, here is the point

If people are not mentioning bitcoin then they would be speaking about cryptocurrency or blockchain. To say the least, so many have embraced virtual currencies and it is no surprise that currently, terminologies associated with cryptocurrency keep flying all over, almost becoming household concepts. As a crypto investor or trader, you want to be accurate … Read more