Crypto traders and investors are exposed to new technologies and consensus mechanisms that are driving innovation in the crypto space with each new blockchain network. But the fact that these networks don’t work with each other has made it hard to move blockchain development forward. Cross-chain compatibility, which is also called cross-chain interoperability, is a…
When it comes to crypto and blockchain, a hackathon is a race to make a sample app that runs on top of a blockchain ecosystem. Participants can learn about all the different parts of making apps with new technologies, from coming up with an idea to putting it into action. The words “hacks” and “hackers”…
WHAT ARE SMART CONTRACTS? Smart contracts, which were first used in their current form on the Ethereum blockchain, are an important part of the Web3 business. They are the basis for DeFi, NFT, gaming, and other popular Web3 applications. Smart contracts are how developers build decentralized apps on blockchains. They can be used to write…
Hello, crypto enthusiasts! In today’s post, we’ll dive into USDT and USDC—two stablecoins that have been the talk of the crypto world. Let’s break down what they are and why everyone is discussing them. What Are USDT and USDC? USDT (Tether) and USDC (USD Coin) are two cryptocurrencies designed to provide stability in a volatile…
What is P2P Trading and How does it Work? One of the most popular financial strategies today is crypto trading. To put it simply, crypto trading is very popular because it works like peer-to-peer trading, which makes deals more private than the traditional way of trading. So, peer-to-peer trading, or P2P, is a simple and…
If you’re interested in or an enthusiast of cryptocurrencies, you’ve probably seen coins that look like other well-known cryptocurrencies. There are thousands of them out there. Bitcoin and Bitcoin Cash are two examples. Ethereum Classic and Ethereum 2.0 are two examples of Ethereum. Why is this so? Most likely, they’re different copies of a coin…
In the fields of telecommunications and software engineering, a “node” is a larger, related network part. But in crypto, a node is one of the parts that runs the program that checks and confirms each transaction on a blockchain. A blockchain is a digital distributed ledger that keeps track of all the events that happen…
Traditional Banks vs. Custodian Wallets: Which is Better for Your Financial Future? Let’s discuss the differences between traditional banks and custodian wallets. Learn about their security, convenience, fees, and what the future holds for these financial institutions in our comprehensive guide. Today we’re diving into an important topic, traditional banks versus crypto custody. Which is…
Reading blockchain-related news must have you familiar with the phrase “transactions per second,” or “TPS,” rather often. With different networks recording different TPS, this is a typical phrase used to evaluate the performance of a blockchain. Start reading this article if you’re wondering why this seems fascinating term is among the most sought-after metric in…
The Role of Blockchain in Web3: Security, Transparency, and Trust The blockchain system is a technological ledger or database that is distributed across computer network’s nodes, making its records decentralized in layers termed blocks and are often made public. Its connected nodes make it difficult to alter a block without alterations to other blocks, making…
