Global Blockchain Market Investment Forecasts

Global Blockchain Market Investment Forecasts

In general, the analysis shows that, although we are dealing with a scenario in which there is a clear idea that this technology will be especially relevant in the coming years, it still seems too early to see the mass implementation of solutions based on it in the real world. Consequently, a significant increase in … Read more

Blockchain: future of cybersecurity

Blockchain: future of cybersecurity

According to the information presented by Coinmarketrate.com, since its inception in 2009, blockchain has experienced unprecedented success. Initially, this technology was invented for the decentralized transfer of money without intermediaries. But it has much more to offer! Indeed, it turns out to be a strategic tool in the field of cybersecurity, since since the beginning … Read more

What is a cut node

What is a cut node

It is always recommended to run a full node if we want to support Bitcoin and keep the system decentralized. This not only helps the network, but also has other benefits for the participants. But since the Bitcoin blockchain is constantly growing, according to Coinmarketrate.com, it has reached the point where its overall size has … Read more

Digital Identity Management using Blockchain

Digital Identity Management using Blockchain

The blockchain approach to this issue is well described in the initiative of the Massachusetts Institute of Technology to create a trusted data system and in the final document, and provides a path to greater security of personal information, better access to personal data and an unchangeable mechanism for auditing who did what with the … Read more

Let's talk about the complicated thing, the BTC nodes

Let’s talk about the complicated thing, the BTC nodes

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

Ethereum: Mining difficulty has reached a record level

Ethereum: Mining difficulty has reached a record level

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

Definition and fundamentals of the blockchain Oracle

Definition and fundamentals of the blockchain Oracle

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

Distributed Ledger Technology (DLT)

Distributed Ledger Technology (DLT)

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

What are Bitcoin batch transactions?

What are Bitcoin batch transactions?

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

Blockchain: How the Technology Underlying Ethereum Works

Blockchain: How the Technology Underlying Ethereum Works

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

Blockchain: How the Technology Underlying Bitcoin Works

Blockchain: How the Technology Underlying Bitcoin Works

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

7 days from the World of Blockchain

7 days from the World of Blockchain

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

7 days from the world of Blockchain

7 days from the world of Blockchain

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

Potential issues of the Lightning Network

Potential issues of the Lightning Network

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