With the advent of cryptocurrency, the future has become fairer but with advantages, there also come disadvantages and that is crypto mining, especially Bitcoin consumes huge amounts of electricity. So it is time that we start thinking about eco cryptocurrency. The environmental effect that digital currency has is not new, …

It is a process in the blockchain technology that permits the node operators to replace the blocks as well as adopt new ones for creating new, longer chains of data. Analysts state that the chain reorganization might potentially leave the users with a lot of rejected transactions. It is a …

In blockchain technology, a coordinator is defined as a specialized client that permits the nodes to verify the validity of their copy of the ledger against the specific transactions. The best example of a blockchain that uses a coordinator client for the ledger verification is IOTA.

Cross-chain is defined as a technology that enhances the interconnection between the blockchain networks by permitting the exchange of value and information. On performing so, it actually breaks the cellared nature of the blockchains for creating an intertwined distributed ecosystem. The cross-chain communication between the blockchains permit various protocols to …

It refers to the procedures via which a platform’s equitable, disintermediated management is carried out for blockchain networks and the dApps. It entails a variety of voting techniques for the platform technology, upgrades, strategy, and regulations. Off-chain governance and on-chain governance are two of the most common approaches to blockchain …

A decentralized marketplace, built on blockchain technology permits the traders or the investors to trade with each other while removing the middlemen. They are available globally and do not at all require any intermediaries for making trades possible. They also reduce the points of weaknesses in the systems where there …

A barter economy is the exchange of goods and services directly against each other. The digital barter economy takes the traditional barter system and brings it into the 21st century with blockchain technology, offering solutions to these physical and standard unit barriers that stand in the way of bartering at …

It is a property that describes the inability to be changed or modified by anyone after its creation, especially over time. Immutability is considered to be the core defining feature of blockchain. This feature is required in blockchain networks as all of the nodes have to agree on the data …

It is an independent blockchain that is running its own network with the help of its own technology and protocol. It is a live blockchain where all of its cryptocurrencies or tokens are in use as compared to the testnet or projects that are running on top of the other …

These are the application-specific data structures that run in parallel to each other within Polkadot (DOT). The best part is that there is absolutely no requirement for them to take the form of blockchains. They are usually connected to Polkadot in a “hub and spoke” style architecture that permits the …