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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 […]

How To Keep Your Cryptocurrency Safe: Wallets

A cryptocurrency wallet is a software program that stores private and public keys and interacts with various blockchain to enable users to send and receive digital currency and monitor their balance. If you want to use Bitcoin or any other cryptocurrency, you will need to have a digital wallet. What you need to remember is that all transactions are recorded […]

blockchain game

Games have been part of our human experience and present in all cultures around the globe for other 4000 years. As new technologies got discovered, many used the power of games to try to teach or to redefine values. Today, we see the blockchain community doing the same, adopting the same technique. Blockchain games are […]

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 […]

earn cryptocurrency without investing or mining

Currently, the most well-known way for people to get hold of a cryptocurrency is to buy it on an exchange with fiat currencies or through mining, but there are other ways you can earn cryptocurrency without getting out your wallet. Here are some ways on how to earn cryptocurrency without investing or mining. As Bitcoin […]

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 famous 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 continue to use POW, however, the Ethereum project team is working on their planned transition to the ‘proof of stake’ (PoS) algorithm. […]

distrubuted ledger technology

What is a distributed ledger technology?  (also called a shared ledger, or Distributed Ledger Technology, DLT) Ledgers, the foundation of accounting, are as ancient as writing and money. These early digital ledgers mimicked the cataloguing and accounting of the paper-based world, and it could be said that digitization has been applied more to the logistics of paper documents […]

Basic Attention Token (BAT)

With an ever-increasing struggle for internet users’ attention, more groups are considering innovative ways of using marketing for the benefit of the consumer. Simply put, 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 […]

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