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 →

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 →

State of Massachusetts warming up to Blockchain Industry

As Western U.S. states embrace the blockchain revolution with even Congress inching closer towards crypto-friendly regulation, Massachusetts’ chief of securities has launched a new working group in the Commonwealth of Massachusetts to clear up some of the murky regulation for blockchain innovators. Regulators in the state haven’t made it easy for blockchain entrepreneurs. Bitcoin and... 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 →

Japan: Country’s largest bank launching Blockchain payments network in 2020

While many countries around the world had previously taken a strong stance against cryptocurrencies (although many have, and are reconsidering their skepticism), a few countries acknowledged the benefits that distributed ledger technology in blockchain and cryptocurrencies could have on economies around the world. Among those few countries is Japan, with the most progressive regulatory climate... Continue Reading →

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