Guides

The gambling industry is growing exponentially globally. In 2022, revenues from gambling reached $747.9 billion, estimated to surpass $850 billion by 2026. Betting and gambling online through iGaming isn't too far behind in this trend. In addition, cryptocurrency technology is bringing a new wave of advancements in the iGaming industry. While sometimes used interchangeably, there are several significant differences between iGaming and traditional gambling. iGaming is more accessible than conventional gambling and is available day and night. Furthermore, iGaming offers a variety…

Zero-Knowledge proofs are a popular cryptographic method that utilizes probabilistic assessments to allow parties to verify data without revealing or sharing the underlying data. MIT researchers introduced the process in the late 80s and have since seen growing adoption in the blockchain sector. Nowadays, zero-knowledge proofs play a vital role in the business sector by securely verifying sensitive data. What Problems do Zero-Knowledge Proofs Fix? Zero-knowledge proofs solve several problems facing the business and personal sectors. First, there are many scenarios…

Cryptocurrency trading is not for the faint-hearted. However, even those who have been at it for a while need techniques to profit from digital currencies. Crypto trading features a variety of techniques, including limit orders. For many investors, limit orders are essential to crypto trading success. These orders make it easier for investors to control how much they spend or earn while trading. So, do you know about limit orders and how they can benefit you? This article will highlight…

Cryptocurrency came into existence in 2009. Since its invention, the market has grown significantly; today, there are over 20000 cryptocurrencies. It has become a competitive market with key industry players and competitors. Further, the industry has developed different terms and phenomena, such as 'Altseason' and 'Altcoins,' which cryptocurrency experts and traders explain. Bitcoin was the first and most significant cryptocurrency. However, several other cryptocurrencies have come up, including Monero, Ethereum, XRP, and Dash, which are all alternative coins. These alternatives to…

Since its inception, bitcoin has used Script- a smart contract development language. Script is an extensive non-Turing complete programming language. The language lets developers encode certain conditions that define the spending of coins. While Script has many capabilities, it's tough to implement, especially when complex smart contract conditions are involved. In addition, writing and verifying a complex contract is prone to human errors that don't go well with money at stake. To improve this, blockchain engineers Pieter Wuille, Andrew Poelstra,…

Decentralization is creeping into every sector globally, making systems more efficient and secure. Web services and file transfer are also catching up with the trend. As a result, the number of people who use the Internet daily is high. By the end of this year, the amount of data gathered worldwide will be over 40,000 Exabytes.  The enormous amount of information should have an efficient pathway to circulate to people who want access. Otherwise, congestion will lead to slow web…

Since the inception of blockchain technology, the world has been introduced to several terms that not many people may know. Similarly, blockchain transactions include fees that may confuse the typical crypto user.  Mining rewards, transaction fees, and staking rewards are three of the most critical charges to successful transactions on a blockchain. Unfortunately, it is not unusual for users to confuse these three terms and mistake one for the other. So, what are mining rewards, transaction fees, and staking rewards?…

Since the launch of the first blockchain-based system, many others have followed, and the crypto industry has continuously grown. However, blockchains aren't similar and come with different strengths and weaknesses. For example, Ethereum, launched in 2015, has excellent smart contract advantages but severe scalability issues over the years. All the blockchains, though, face a lack of interoperability challenges. Is there a possibility of having a system that allows users to use the strengths of different blockchains simultaneously? In recent years…

Crypto coin trackers are websites, apps, or other programs that allow you to manage your cryptocurrencies and track how your funds vary. These trackers link with an individual’s crypto wallets, so it is easy to get information on how crypto markets vary in value consistently. The trackers are essential to many people who have ventured into crypto trading, considering that there are over 84 million active crypto wallet users globally. These coin trackers are vital because they record transactions and other…