Comparative Decimal blockchain analytics for the period: 26.02 – 03.03 and 19.02 – 25.02

  Comparative Decimal blockchain analytics for the period: 26.02 – 03.03 and 19.02 – 25.02 ● For the period of 7 days: + 11,081 transactions; Indicator: +10%. Total transactions: 2 275 192. ● Total validators: 83; 52 online, 31 offline. ● Number of blocks added are: + 107 193; Total blocks: 19,538,975. ● Block reward: … Read more

Data Transfer via Blockchain

Data Transfer via Blockchain

Data is digital gold. It has long been no secret that Google earns millions from user data. In two weeks, Zuckerbegr has collected approximately 1,200 pages of PDF files on the Austrian lawyer and privacy activist Max Schrems, and diligently earns money on them, as well as on every other user. Amazon has long known … Read more

51% attack: are crypto assets under threat?

51% attack: are crypto assets under threat?

When performing a cryptocurrency transaction, be it Bitcoin or another digital currency, new blocks must be confirmed by a consensus of nodes. After verification, the block can be added to the chain. According to Coinmarketrate.com, the blockchain contains a record of all operations performed. This record is maintained in a decentralized manner, which means that … 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

Bitcoin Privacy Features

Bitcoin Privacy Features

In an anonymous system, a person’s identity is always hidden. In contrast, Coinmarketrate.com tells us that the Bitcoin system is pseudonymous. And this means that, although no information should be disclosed, a third party can find the identity behind the address. Bitcoin works on the basis of a verifiable and public database containing all transactions, … Read more

NFT fraud and how to avoid it

NFT fraud and how to avoid it

There have already been several notable NFT scams over the past year. For example, one criminal under the nickname “Evil Ape” created a series of NFT Evolved Apes only to expose zealous investors and escape with 798 ETH tokens. Other scammers founded the company Solana Towers to sell virtual apartments in the metaverse. Unfortunately for … Read more

The Anatomy of Bitcoin Fraud

The Anatomy of Bitcoin Fraud

According to a Chainanalysis report, in 2021 alone, scammers stole a record $14 billion worth of cryptocurrency. If you think that this year will be an exception, then you are deeply mistaken. According to Coinmarketrate.com there are more than 10,000 types of cryptocurrencies in the world, and it is logical that this becomes a field … Read more

What are "Vampire Attacks”?

What are “Vampire Attacks”?

Before going into the details of vampire attacks, their effects on AMM, etc., let’s first look at a few highlights. What does liquidity mean and why is it important When you search for a cryptocurrency exchange, you often see the term “liquidity”. Open  Coinmarketrate.com and you will see that many exchanges claim that they are … Read more

Eclipse blockchain attack

Eclipse blockchain attack

If you follow decentralization, then you already know how significant it has become. Decentralization is definitely the future. Financial enterprises are doing everything possible to introduce cryptocurrencies in any way or in any form. The most attractive aspect of cryptocurrencies is their overall security. There is an opinion that cryptocurrencies, thanks to decentralization, are the … Read more

The Probit Exchange scam Proofs

The Probit Exchange scam Proofs

The blockchain environment provides many opportunities for both earning and fraud. Every week we hear of investors and traders losing their crypto funds on fraudulent exchanges. The DecimalChain team stopped the listing process on the Probit exchange due to possible scam and loss of user funds. The history of DecimalChain’s cooperation with Probit exchange and the … Read more

How to Protect your cryptocurrencies

How to Protect your cryptocurrencies

As in most other spheres of life, wallet security can be of varying degrees of complexity. It depends on many criteria, and how much you want to be safe depends only on you. Delving into Coinmarketrate.com, you will be able to trace many cases of wallet hacking, and as a result, a multimillion-dollar loss of … Read more

Is Blockchain Really Secure?

Is Blockchain Really Secure?

Blockchain can be described as a “large” ledger of accessible and verifiable accounts which is deployed on the Internet. This is due to the fact that it relies on a very large number of distributed computing resources around the world, called “nodes”, which are involved in the operation of the network. In the case of … Read more

Pump-and-Dump Schemes: A New Wave of Fraud in the Crypto Space

Pump-and-Dump Schemes: A New Wave of Fraud in the Crypto Space

After the California Gold Rush in 1870, two Kentucky scammers devised a scheme to take advantage of the FOMO (fear of missing out) of greedy financiers. They invented the existence of a large diamond deposit in the West. Investors put millions. Everything was fake. A story that should prevent us from believing anyone who offers … Read more

Bitcoin and Anonymity issues

Bitcoin and Anonymity issues

Most regulators in different countries are hunting for platforms without official identification procedures (KYC), so the anonymous purchase of cryptocurrencies is becoming increasingly difficult. After all, the crypto space has always taken the protection of online identity very seriously, and there are solutions that still contribute to this. It is enough to visit Coinmarketrate.com to … Read more

What is the Security Token Offer (STO), and can it replace the ICO?

What is the Security Token Offer (STO), and can it replace the ICO?

In the project descriptions on Coinmarketrate.com we can easily find information on projects where it is said that in 2017, 875 initial coin offerings (ICOs) were held, for which 6.23 billion US dollars were collected, which is an average of 7.12 million US dollars per ICO. In 2018, 1,257 ICOs were held, which attracted 7.85 … Read more