Smart Contract Platforms

Smart Contracts have been all the rage ever since they first appeared on the radar of techies around the world. They were both very exciting and quite mysterious as a lot of their potential hadn’t been tapped into. This made them a mainstay on thousands of tech, especially crypto, forums all over the world. But... Continue Reading →

Lightning’s Security Model

The Lightning Network was conceived with the idea of solving the scalability issues associated with Bitcoin transactions. The fundamental idea behind the Lightning Network is to make small and everyday transactions don't have to be stored on the blockchain. This is also called the 'off-chain approach.' In a scenario where someone wants to pay for... Continue Reading →

Why Permissioned Blockchains Fail

Most people, when they first start exploring blockchain technology and cryptocurrencies, operate under the assumption that blockchains are universally decentralized ledgers with immutability, and are censorship resistant. However, it is important to note that blockchains can be; permissioned or permission-less, centralized or decentralized. Their use and type are specific to the kind of vision the... Continue Reading →

Decentralized Exchanges with FIAT

Decentralized exchanges, as the name suggests, are cryptocurrency exchanges that operate devoid of a centralized authority. They allow for peer-to-peer exchanges of cryptocurrencies. Everything from capital deposits, order books, order matching, and asset exchange; must be decentralized. However, in most exchanges, only asset exchange is decentralized as they involve cryptocurrencies which are deployed on the... Continue Reading →

Why Running a Node is Important.

Nodes are storage devices that are connected to the internet and store all transaction data right from the start, as a chain of information. This chain of information is known as the blockchain. Nodes send transaction information from the user to the miner and also store the same on the blockchain. They check every transaction,... Continue Reading →

Inflation and Debt Systems

With the introduction of Bitcoin in 2009 and later, subsequent altcoins, many people were of the opinion that cryptos can be used as debt instruments. Debt is something that is owed to someone, but this is not the case while dealing with cryptocurrencies. Bitcoin and other Cryptos aren't Debt Instruments You might not notice this... Continue Reading →

Using Paper Wallets

What are Paper Wallets? When storing Bitcoin and other cryptocurrencies, one can either use a hot wallet or a cold wallet. A hot wallet is one that is connected to the internet. They generate and store private keys and broadcast the signed transaction to the network. Cold wallets are ones that aren't connected to the... Continue Reading →

How do Smart Contracts Work?

What is a Smart Contract? A smart contract can be described as a protocol based on a computer code that is intended to digitally facilitate, verify and/or enforce the negotiation or performance of a contract on the parties to the transaction. Transactions that take place via smart contracts are trackable, irreversible and enforceable without the... Continue Reading →

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