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
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
Polkadot is a cryptocurrency and open-source blockchain that offers investors the opportunity of running their blockchain. The system is also designed in expanding the cryptocurrencies ecosystem by giving different blockchains the chance of operating in one blockchain. Polkadot’s network has three kinds of blockchains including Bridges, Parachains, and the Relay Chain. In Polkadot, the bridges … Read more
Each day, cryptocurrency keeps scaling new heights to the surprise of many who could have dismissed them as a passing cloud. New blockchains, cryptocurrencies and NFTs keep emerging with their own unique selling points and a presentation of learning opportunities. Cardano is one such development worth knowing. Cardano is a blockchain for visionaries, innovators, and … Read more
Solana is a decentralized blockchain. It is developed in enabling scalable user-friendly applications and it utilizes SOL in making payments for transactions. Moreover, the blockchain supports over 50, 000 transactions per second without sacrificing decentralization. Solana has performed over 86 million transactions since it was launched in 2017. The censorship of Solana is resistant. This … Read more
The second largest cryptocurrency after Bitcoin is Ether. It has the ability to build smart contracts as well as decentralized applications. ETH is mainly known for being used in purchasing Non-Fungible Tokens (NFTs). In as much as ETH has several benefits, it has one problem of processing a few transactions per second. Therefore, the main … Read more
On-chain governance refers to a system that manages and implements changes to the blockchains of cryptocurrencies. This governance is different from the other types of governance. This is because rules that institute the changes are encoded in the blockchain protocol. In addition, developers do propose changes through code updates, and every node votes if they … Read more
A 51% attack refers to an attack in the blockchain of a cryptocurrency by the miners who control over 50% of the mining hash rate network. As a trader who owns over 50% of the network’s nodes, you have the power of controlling the blockchain. The attacks occur in different ways and one of them … Read more
There is nothing as sensitive for a cryptocurrency owner as the wallet and access codes, popularly known as keys. To understand how critical access keys are in cryptocurrency, you can relate it with a bank card PIN. You know within the normal context of fiat money, someone with a your bank card can walk into … Read more
Cryptocurrency as an entire niche will mesmerize you with the terminologies around it. As a field that continues to develop, it’s often possible to meet new concepts and terminologies that derive from everyday words or phrases but bear great meaning to crypto enthusiasts. Maybe you have already come across terms such as cryptocurrency forging, bitcoin … Read more
