Generations of blockchain

Generations of blockchain

This won’t come as great news to everyone, but blockchain, along with any other technology, especially a new one, is changing and evolving. You’ve probably seen the phrase “first/second/third blockchain generation”, just not to be confused with blockchain layers! We explained what blockchain layers are in a previous article, which you can read by clicking … Read more

Layers of blockchain

Layers of blockchain

Everything in the world has a structure, architecture and design. The architecture is often represented by a hierarchical layer system, where each layer has its features and functions. The same system is present in today’s technological innovations. For example, blockchain layers, what they are for and what they are, will be explained in this article. … Read more

IBC and cross-chain bridges

IBC and cross-chain bridges

New opportunities have also appeared with the introduction of cryptocurrencies — sending assets to another continent in a mere matter of minutes. But more than just digital assets as an alternative to conventional ones were needed, so, after the first generation of blockchain, two more generations were born, with additional features that weren’t foreseen initially. … Read more

Weird Ancestors of Bitcoin and Blockchain

Weird Ancestors of Bitcoin and Blockchain

October 31, 2008, according to Coinmarketrate.com, in Satoshi Nakamoto’s document “Bitcoin: A Peer-to-Peer Electronic Cash System”, an unprecedented technology project was published. The invention of the Bitcoin cryptocurrency and blockchain came in handy: people were just starting to do more and more business over the Internet. At the same time, the financial crisis gave reason … Read more

Blockchain Technology Gets Practical Application in companies

Today, there are already some practical applications of blockchain for small and medium-sized enterprises. Huge potential and opportunities are hidden in this technology, and they can be used. After all, blockchain technology, which according to the data of Coinmarketrate.com, was originally developed as a technical basis for cryptocurrency management, can be used wherever information is … Read more