It is referred to as the process of creating brand new tokens and adding them to the complete token supply of a cryptocurrency. It is one of the most important processes in the blockchain technology and cryptocurrency world.
Read More »Search Results for: blockchain technology
Token Economy
It refers to the economy of the goods and services that have been tokenized and that it runs without the intermediaries and the third parties with the aid of the blockchain technology. Both blockchain and the token economies offer a solution in the bid to bridge the digital and physical …
Read More »Ethereum Whisper: A Better Change In The Messaging World
The distributed ledger system that supports blockchain technology has lately caught the interest of Wall Street. The power for disruption in the financial system and beyond that is becoming more strong with each passing day. The potential that blockchain holds is high ranging from cross border payments to settlements to …
Read More »Nonce In Crypto: New Term Which Is Older Than Cryptocurrency
The world gets to know more about digital currencies as many non technical investors frequently discover various new notions. Today we will discuss the concept of the nonce in crypto which is a famous idea among IT experts. This article simplifies the notion for non technical readers, aiming at the …
Read More »Sybil Attack
The Sybil Attack undermines an online network by creating many IDs, nodes or accounts to upset the balance of power. The tactics are utilized to acquire influence or power over a network. The Sybil Attacks attempt to centralize the power in these decentralized networks and the blockchain technology can be …
Read More »Regional Currencies
Also known as the local currencies or the community currencies, they are means of goods exchange that is used in specific geographical locations. These are usually created for a lot of reasons that include encouraging spending within the local businesses and groups as well as distrust in the local tender …
Read More »Crypto Mining Vs Crypto Validating: Important Guide For New Enthusiasts
The blockchain technology is a robust network that is designed to assure that digital currencies remain reliable and they also cater to their purpose of inception. Learning about the cryptographic process and also the blockchain is quite interesting to beginners and technical enthusiasts. So in this article, we are going …
Read More »Prediction Market
It is a platform or exchange-traded market where the future outcomes of the events are traded. It indicates the confidence of the mass in a specific future event. They rely on the big sample sizes. Thus, as more people participate, the more data they will have and the more accurate …
Read More »IPFS
The InterPlanetary File system is defined as a peer-to-peer (P2P) distributed system that is used for storing and accessing files including the websites and applications. It relies on the blockchain-like system and content addressing rather than the location. Flexibility and security are the two common factors that are promoting its …
Read More »Interoperability
The blockchain operability or the cross-chain interoperability is the capability to see as well as share the information across multiple blockchains. One of the straightforward benefits of blockchain interoperability is to be able to trade assets across various blockchains without the requirement for a centralized or custodial exchange. This capability …
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