Market Cap: $ 231,044,713,615
  • Bitcoin: $8369.70 ( 0.26%)

  • Ethereum: $185.89 ( 1.08%)

  • XRP: $0.30 ( 2.24%)

  • XFC: $0.0052 ( 1.83%)

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51 blockchain attack mechanism

Let’s give a simple example to illustrate how a 51% attack works (double spend attack): You spend 10 Bitcoin on a luxurious car. The car gets delivered a few days later, and the Bitcoins are transferred from you to the car company. By performing a 51% attack on the Bitcoin blockchain, you can now try to reverse this […]

blockchain applications

Blockchain is best known for being the technology behind cryptocurrencies like Bitcoin and Ether (the currency of Ethereum), but blockchain is much more than an instrument of finance. What is the blockchain technology? Basically, it’s an encrypted database of agreements. Blockchain serves as a bookkeeping platform or ledger that is incorruptible, enforces transparency, and bypasses […]

blockchain games

Yes, you read it right. Blockchain games are the newest thing and everything you know about games is about to change, to your favour. As Etherium is the biggest network for decentralized apps, they also are debating wheater this is the way to approach the mass adoption issue. Read more on What is the blockchain technology? […]

What is a smart contract in the Ethereum blockchain?

A smart contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties. These transactions are trackable and irreversible. Proponents of smart contracts claim that many kinds of contractual clauses may be made partially or fully self-executing, self-enforcing, or […]

proof of work vs proof of stake

Bitcoin and Etherium are the two most renowned cryptocurrencies and the hottest examples of blockchain technology in use. Both use the ‘proof of work’ (POW) consensus algorithm. Information currently available indicates that Bitcoin will still continue to utilize POW, but the Ethereum project group is working in their projected transition into the’evidence of bet’ (PoS) […]

distrubuted ledger technology

What is a distributed ledger technology?  (also called a shared ledger, or Distributed Ledger Technology, DLT) Ledgers, the basis of bookkeeping, are as historical as money and writing. These ancient digital ledgers mimicked the cataloguing and bookkeeping of this paper-based planet, and it might be stated that digitization was implemented more into the logistics of paper files instead […]

basic attention token

With an ever-increasing struggle for internet users’ attention, more groups are considering innovative ways of using marketing for the benefit of the consumer. BAT (Basic Attention Token) hopes to position itself as the token of the world of digital advertising. How does BAT work and what problems does it try to solve? BAT promises to […]

What is Cryptography?

Cryptography is a system of protecting data and communications through the use of codes that only individuals for whom the data is meant can read and procedure. The pre-fix “crypt” means “hidden” or “vault” and the suffix “graphy” stands for “writing.” Information security employs cryptography on several degrees. Cryptography also assists in non-repudiation. Cryptography can also […]

what is blockchain technology

The blockchain technology is the brainchild of a person or group of people known by the pseudonym, Satoshi Nakamoto. But since then, it has evolved into something greater, and the main question every single person is asking is: What is Blockchain? Originally devised for the digital currency, Bitcoin,  the tech community is now finding other potential uses for the […]