Bitcoin News

Bitcoin price is trading above the USD 57,200 support level. Ethereum is stuck below USD 1,850, XRP settled above USD 0.500. ONE rallied over 50%, while SOL and THETA jumped more than 16%. Bitcoin price failed to gain strength above the key USD 60,000 resistance zone and corrected lower. BTC traded below the USD 58,000 […]

Only difference is, with smart contracts there’s no middleman. There’s no person or company holding your information or verifying it In brief Smart contracts are contracts expressed as a piece of code that are designed to carry out a set of instructions. The term “smart contract” was coined in the 1990s, in an academic paper […]

In brief Bitcoin hit $60k before pulling back. Mid-caps saw small lateral movements across the day while Cardano slid 10%. The Nasdaq had its worst performance in nearly a month on fears of rising interest rates. The fun and games continued with crypto prices this week. While yesterday saw a rally in prices, things look […]

In brief While institutional investors balk at Bitcoin’s volatility, many have dived in to staking and lending. Staking and lending services are offering more consistent yields than holding currency alone. But it’s still early days, and there are teething problems with hacks and bug fixes. Over the last week, Bitcoin’s price has oscillated between all-time-highs […]

If 2020 can be viewed as the Year of Decentralized Finance (DeFi), then an honorable mention must be made of the central role that cryptocurrency staking played in the ascent of this new generation of crypto assets. The industry witnessed a steady rise, and oftentimes a surge, in the number of users staking crypto to […]

MetaMask is one of the most popular means of storing your Ethereum (ETH) and other ERC-20 tokens. The browser extension is significant for people that regularly make use of ETH and its tokens as it is secure and allows users to have quick access to their funds. We will now take a look at a […]

The definition of a node may vary according to the context. When it comes to computer or telecommunication networks, nodes may act either as a redistribution point or as a communication endpoint. Usually, a node consists of a physical network device, but there are some cases where virtual nodes are used. A network node is […]

How can blockchain change the current banking landscape? Banks often act as middlemen within the global economy by managing and coordinating the financial system through their internal ledgers. Since these ledgers aren’t available for the public to inspect, it forces trust in banks and their often outdated infrastructure. Blockchain technology has the potential to disrupt […]

A staking pool allows multiple stakeholders (or bagholders) to combine their computational resources as a way to increase their chances of being rewarded. In other words, they unite their staking power in the process of verifying and validating new blocks, so they have a higher probability of earning the block rewards.  The overall idea of […]

A blockchain’s consensus mechanism serves to ensure that there is agreement among participants on the current state of the blockchain. The consensus mechanism determines who is able to add new blocks of transactions, and one of its primary aims is to ensure that the chain is not re-written. Proof of Work consensus Blockchains with pure […]

Masternode is a full node (and the full node is simply as a computer in a network that has a complete, current copy of the blockchain ledger) or computer wallet that keeps the full copy of the blockchain and updates it in real-time, in short, both nodes and masternodes need to be always online and […]

As the Proof of Stake consensus mechanism gains popularity (often displacing the Proof of Work consensus mechanism), blockchain developers have innovated on the traditional Proof of Stake mechanism, resulting in the Delegated Proof of Stake mechanism. This post will analyze the differences between traditional Proof of Stake and Delegated Proof of Stake consensus mechanisms. Traditional […]

The Delegated Proof of Stake (DPoS) consensus algorithm is considered by many as a more efficient and democratic version of the preceding PoS mechanism. Both PoS and DPoS are used as an alternative to the Proof of Work consensus algorithm, since a PoW system requires, by design, lots of external resources. The Proof of Work […]

The Proof of Stake consensus algorithm was introduced back in 2011 on the Bitcointalk forum to solve the problems of the current most popular algorithm in use – Proof of Work. While they both share the same goal of reaching consensus in the blockchain, the process to reach the goal is quite different. How does […]

You may have come across the theory of Liquidity pool in the Defi and Cryptocurrency Staking ecosystem. But what iscLiquidity Pool and how do they function? And why, in decentralised finance, do we really need them? Liquidity pools provide a new standard to effectively trade shares while helping investors obtain a return on their investments. […]

Cryptocurrency Staking means holding cryptocurrency or tokens to support a network operation and getting a reward for it. Naturally, this process is typical for blockchains using the PoS protocol or any of its versions. Staking brings in the concepts of familiarity, engagement, and reward into the ecosystem. In this article, we will provide you with […]

Earning cryptocurrencies is not only about mining Bitcoin (BTC) anymore. Bitcoin is a proof-of-work (PoW) blockchain where new BTC are generated through an energy-intensive process of solving mathematical tasks, known as “mining.” Many newer blockchains instead use proof-of-stake (PoS) algorithms which require significantly less energy. The correctness of transactions in PoS blockchains is attested to […]

Short for decentralized finance, DeFi is an umbrella term for a variety of applications and projects in the public blockchain space geared toward disrupting the traditional finance world. Inspired by blockchain technology, DeFi is referred to as financial applications built on blockchain technologies. Cryptocurrencies have exploded into a trillion-dollar industry today, sparking a wave of […]