What is Terra LUNA Classic (LUNC)?
LUNA Classic (LUNC) is the original Terra LUNA coin left behind after the recent UST/Luna collapse and the establishment of a new Terra chain. Kwon's plan for recovery included the creation of a whole new...
Blockchain technology has demonstrated tremendous potential when it comes to streamlining conventional validation processes that require scalability and transparency. However, the technology faces a myriad of blockchain adoption challenges,...
The smart contract audit explained
Smart contracts are adaptable instruments that can trace the movement of physical things and intellectual property and facilitate and verify financial transactions. Because smart contracts have the author...
What is a smart contract?
Smart contracts are a ground-breaking layer of blockchain technology that allows users to communicate and transact with one another via a “robotic middleman.” A smart contract can be considered a self-executing pi...
A blockchain is a distributed, decentralized digital ledger of transactions. This ledger is widely duplicated and distributed across a network of computers on the said blockchain.
Technically, blockchains can serve as a decentralized way ...
Web 3.0 explained
Web 3.0 is a possible future version of the internet based on public blockchains, a record-keeping system best known for facilitating cryptocurrency transactions. The attractiveness of Web 3.0 is that it is decentralized,...
What are blockchain oracles?
Blockchain oracles are entities that connect blockchains to external systems, allowing smart contracts to execute depending on real-world inputs and outputs. Oracles give the Web 3.0 ecosystem a method to conne...
Blockchain networks explained
Blockchain is a distributed, unchangeable ledger that makes recording transactions and managing assets (both tangible and intangible) in a corporate network much more accessible. On a blockchain network, virtu...
Byzantine generals problem explained
A reliable computer system must be able to function even if one or more of its components fails. A failing component may display a frequently overlooked behavior: delivering contradicting data to differ...
The Binance Smart Chain (BSC) is now the BNB Chain. BSC, crypto exchange Binance's layer-1 blockchain, recently announced the merger of the Binance Smart Chain and the Binance Chain to form the BNB Chain. The relaunch of Binance's layer-1 o...
What is the Cardano (ADA) Project?
Cardano is an open-source blockchain platform powered by ADA cryptocurrency token, widely used to host globally decentralized systems and applications. The Cardano ecosystem was founded in 2015 by Charles...
What is a parachain?
Parachains are custom, project-specific blockchains linked to the Polkadot (DOT) and Kusama (KSM) networks. Users can utilize them for various purposes, including connecting to the primary blockchain—the relay chain, ...
The Polkadot crypto project is a next-generation blockchain that attempts to promote a heterogeneous multi-chain framework. It has garnered extreme attention from an entire community of investors, developers and users and is considered to b...
A parachain, formally a parallelizable chain, is an individual layer-one blockchain that functions in the Polkadot and Kusama multichain networks, alongside others. Parachains attach to the security provided by a Relay Chain — the central c...
Investing in crypto is fun, but how much fun is it to create your own coin? Creating your own cryptocurrency token is a lot more work than investing in a coin. Nowadays, you can buy crypto via exchanges with a few clicks of a button, but cr...
What is proof-of-authority (PoA)?
One of the most revolutionary technologies in recent years is blockchain. Blockchain, which first emerged as a decentralized public ledger for the Bitcoin (BTC) cryptocurrency, is now extensively used to p...
Though Bitcoin's (BTC) transaction history is securely sequenced using proof-of-work (PoW), it consumes a lot of electricity and the number of transactions it can handle at once is limited. As a result, new consensus mechanisms focusing on ...
Cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) are powered by a decentralized open-source software called a blockchain. A fork is a change to the blockchain's underlying protocol. A blockchain fork is an important upgrade to the net...
At a time when no financial news is complete without cryptocurrencies, it's no surprise if you're tempted to try your hand. But for your dabbling in cryptocurrencies to have a reasonable chance to succeeding, you must choose them according ...
Bitcoin (BTC) and Bitcoin Cash (BCH) share similarities that go beyond their names. Bitcoin is the first cryptocurrency to have ever been created and is often seen as digital gold, or “gold 2.0.” The cryptocurrency is treated as a store of ...