Blockchain

What Is a Hard Spoon?

If you have been interested in the world of crypto, you are probably familiar with cryptocurrency hard forks. It seems that we will soon also be dealing with something known as a hard spoon, which occurs when a new crypto is minted by replicating ...

Alternative Consensus Methods: Proof of Burn

Blockchain, the distributed ledger most commonly associated with Bitcoin and other cryptocurrencies, relies on consensus algorithms to reach agreement among miners. Most commonly used consensus is Proof of Work (PoW) which allows users to generate ...

Bitcoin Hash functions – a quick rundown

Anyone who spent more than a couple of minutes conversing about Bitcoin and cryptocurrencies in general has probably been introduced to the term “cryptographic hash function”. In the same breath, that person’s conversation partner might have ...

What is hashing?

Blockchain technology has been one of the most exciting and revolutionary discoveries of the new century. While residing on mathematical and economical ideas which have existed for a long time before it was invented, blockchain has just recently ...

5 Global Corporations That Will Adopt Blockchain in 2018

2017 was the year of Bitcoin, which skyrocketed not just in price and volume, but also in the headlines and public consciousness. As a result, its popularity has also brought blockchain, the technology that makes it possible, to light. ...

Crypto Slang 2019 – What does HODL, FOMO, FOLE, BTFD or FUD mean?

Because I see a lot of new crypto enthusiasts joining the crypto world, I made a simple glossary with crypto jargon. Do you miss anything? Don't hesitate to add it as a comment (I will edit the post). Address - A bitcoin address is essentially ...

What is Delegated Proof-of-Stake? – A Complete Beginner’s Guide

  Delegated Proof-of-Stake (DPOS) is the fastest, most flexible, most efficient, and most decentralized, consensus model available, and I like to think of it as technological democracy. Imagine a system in which you, the employee, get to ...

What is SmartBridge? Is SmartBridge better than atomic swaps?

SmartBridge technology is a major selling point of cryptocurrency named ARK. There is a small bit of code in the ARK structure which helps it to be connect different blockchains to the core of ARK. The premise is rather simple, we take the apps ...

What is atomic swap? How will it affect cryptocurrencies? When will it happen on Bitcoin?

Everybody in crypto world heard about these horrid stories of cryptocurrency exchanges being hacked and people losing money. Exchanges are centralized and a point of weakness. Getting rid of them the way they are now, would be a huge leap forward ...

Proof of Work vs Proof of Stake: Step-by-Step Mining Guide

Merchants who immediately sell their Bitcoin for fiat currency create downward pressure on the Bitcoin price and that's no secret. However, the merchants aren’t the only people to blame. The proof-of-work (POW) system used by Bitcoin and other ...