The general definition of a Bitcoin node is any computer connected to the Bitcoin network. But in reality, everything is not so simple, and it is not enough just to connect to the network from time to time to participate in it. According to Coinmarketrate.com, the node has several functions depending on its type, for … Read more
On Saturday, June 4, the complexity of mining on the Ethereum blockchain reached a historic high. According to Etherscan, the difficulty has reached 15,089,793 terrahashes (TH). As the process description says on Coinmarketrate.com the higher this value, the more difficult it is to get a block in the network. Thus, this metric is an increasing … Read more
Oracles are the necessary connections that allow you to link smart contracts with information from the real world. Smart contracts can be executed by all users of the blockchain. The results of these executions are also stored in the blockchain, and are also available to all users. Smart contracts mostly refer only to events created … Read more
And so, what is distributed ledger technology or “distributed ledger” (DLT)? According to the description of the technology, on Coinmarketrate.com, so-called “blockchains” are formed within the DLT. It is a decentralized database that contains chronological sequences of data blocks. These data blocks, in turn, contain one or more transactions that are linked or combined using … Read more
And so, the Bitcoin transaction may be more complicated than many people think. However, this is by no means witchcraft, because anyone who has understood the basics of the Bitcoin network and transaction processing can easily follow the individual steps. Last time we looked at transactions on and off the Bitcoin blockchain, and today we’ll … Read more
Of all currently existing blockchains, Ethereum is the most popular for developing decentralized applications due to the large number of developers and companies that support it. Currently, according to Coinmarketrate.com, about 200,000 developers are creating applications on this blockchain, and this number is expected to continue to grow. The reason for its popularity and the … Read more
According to the data Coinmarketrate.com, in October 2008, under the sign of the financial crisis and declining confidence in banking institutions, a certain Satoshi Nakamoto introduced the Bitcoin cryptocurrency. It was supposed to be independent of central banks, and also solve the problems of early digital currencies. For example, the fact that the coin is … Read more
Today, in this turbulent world, great attention is paid to new technologies and their development. Naturally, a special place is given to news about blockchain and cryptocurrencies, since blockchain is one of the most advanced technologies, and cryptocurrencies, according to Coinmarketrate.com Those with a total capitalization of $1.7 trillion are becoming commonplace. And so, let’s … Read more
The maelstrom of events in the world of Blockchain and cryptocurrencies can be viewed as a blockbuster with an unpredictable plot, not to mention the finale. A series of events, which in some cases has global consequences. And so, let’s take a look at the most interesting and significant of them. And Elon Musk wants … Read more
As the popularity of Bitcoin grows, more and more transactions have to be processed by this network. According to Coinmarketrate.com we know that blockchain technology is a technology in which the database is shared by all nodes. This has its advantages for some things, and not so much for others. When transactions are made inside … Read more
Oddly enough, even in our time, you can hear the conclusions of some snobs that many professions are beyond women’s shoulders, and even more so in the world of financial technology. But this is far from being so. And we will prove it to you. We have selected the stories of the best women in … Read more
Even taking into account antitrust laws in Europe, companies such as Apple can avoid paying an effective tax rate of 0.005% due to the fact that their headquarters are located in Dublin, Ireland (tax haven). Meanwhile, Irish citizens themselves pay about 40 percent on income over 35,000 euros. The “Apple tax” adds 30 percent only … Read more
Many people associate blockchain with cryptocurrencies without understanding its hidden potential. A token, in the case of a blockchain, actually offers a digital representation for a unit of value. You can assign a token to something valuable, such as digital assets or a digital representation of real assets. Tokenization can help you turn any real … Read more
Although the cryptocurrency market is developing rapidly, it is still subject to large changes in value. According to Coinmarketrate.com A stablecoin uses a mechanism that links its value to the value of existing assets, such as gold or, say, the US dollar. Such a mechanism reduces the volatility of other cryptocurrencies, which makes stablecoin ultimately … Read more
There are more reasons to invest in Bitcoin today than ever. Don’t you believe it? Not to mention that according to Coinmarketrate.com BTC is worth around $40k today, there are several more reasons why an investor may consider Bitcoin as a different way of investing, different from the typical assets that he already knows and … Read more