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Blockchain

    Blockchain is often referred to as a distributed, decentralized, database (imagine a giant Excel spreadsheet combined with Bittorrent) that stores all of the records we’ve put in it forever. But an even better analogy is the endless book of accounting records. However, not a single concept explains why the blockchain is so unique. In fact, Blockchain is not a whole new revolutionary technology, as it is sometimes judged – all the elements it uses, ie the Internet, cryptography, and transmission protocol, have been with us for decades (cryptography even much longer). So the revolutionary decentralized blockchain is not the technology itself, but the way it uses existing technology.

    All about ethereum

    All About Ethereum and Ether

    Just like Bitcoin, Ethereum is a decentralized system that is impervious to alterations from single users. It is a digital currency that...
    Safety of cryptocurrency transactions

    Security in Cryptocurrency Transactions

    Everyone who has made a transaction with cryptocurrencies has had a thought or two about security. Digital currencies as Bitcoin are currently...
    Proof of Burn

    Proof of Burn

    Proof of Burn (PoB) is a relatively new concept in cryptocurrencies. This consensus algorithm intends to make transaction verification simpler and more...
    Smart Contracts

    What are Smart Contracts?

    In short, smart contracts are simply a type of contract between parties that uses Blockchain technology. The parties to the contract know...
    Utilization of the Blockchain Technology

    Blockchain Technology Applications

    Blockchain has a big utilization potential in particular due to its decentralization. Since it is a rather new technology, numerous industries are...
    Proof of Stake

    Proof-of-stake vs Proof-of-work

    When reading about cryptocurrencies, you might encounter heated online debates about which is better: proof-of-stake (PoS) or proof-of-work (PoW). There are many...
    Hashing

    Hashing Function Basics

    A hashing function is an algorithm that outputs a unique value based on an input. This value is basically impossible to deduce...
    Cryptocurrency millionaire builds a city based on the programmable platform Ethereum

    Cryptocurrency millionaire builds a huge utopian blockchain city in Nevada

    Jeffrey Berns is a cryptocurrency millionaire who decided to change the world for the better use of blockchain, with the Ethereum programmable...
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