Ethereum – you’ve likely heard of it unless you’ve been living under a rock for the last 10 years. It was the first iteration of an open-source, decentralized blockchain network that also incorporated smart contract functionalities, meaning you could build and run various applications, protocols, and digital assets on top of its platform. Fast forward […]
Ethereum: deep dive into the biggest DeFi ecosystem. Read More »
What Is A Blockchain? A Blockchain is a distributed ledger that is shared between a network of computers – more commonly known as nodes. Picture a network of 100 nodes that are all connected together and all of them have an identical copy of the distributed ledger. This allows for decentralization because if one of
Consensus mechanisms What is a consensus model? A consensus model (also known as a consensus algorithm or consensus protocol) is a mechanism that networks of connected computers use to work in tandem to maintain security. There are various consensus models, and there are new ones being created all the time, with different features and benefits,
Cryptocurrency Cryptocurrency is an encrypted digital currency that is secured through cryptography – which is essentially the use of codes to encrypt and thus secure data. Cryptocurrencies are stored and transacted on blockchains – a distributed ledger that keeps a record of all transactions to verify who owns what – and are virtually immune to
The Problem Since the first mainstream iteration of blockchain in 2009 – Bitcoin – there has been a plethora of layer 1 blockchains launched with unique benefits and drawbacks. While the innovation and competition are fantastic, the current landscape of the crypto ecosystem is hindered from functioning at its maximum potential due to one key
What Are Cross-Chain Bridges? With the explosion of various blockchain ecosystems in recent years, the issue that has risen to the surface is that most Blockchains aren’t interoperable, meaning they don’t work seamlessly together. In the current crypto world, there are many blockchains with different structures and features but previously there was no way to
At this point regulation of crypto is inevitable, and while we still have many regulation deniers saying it will kill the industry, there have also been many people in the space who have made great arguments for regulation. While it’s hard to clearly break down the pros and cons due to the nuances of the
Opinion: The pros and cons of crypto regulation Read More »
