Guides

With Blockchain technology came all sorts of intricacies and technical aspects that began to be developed, debated, criticized, and implemented. There isn't a single protocol, feature, or application that checks the list of any participant, and that's a good sign. Criticisms, most importantly constructive criticisms, pushed boundaries, stimulated innovation, and brought about progress. One such niche innovation to consensus mechanisms was the introduction of Masternodes. Masternodes are an added layer on the base layer consensus mechanisms. For instance, Dash is…

Investing in crypto without understanding how the network works is a recipe for disaster. One needs to understand what he is getting into and learn about the specifics to track usage and growth and ultimately profit off the market. Investing in crypto is more on the lines of venture capital than public equities/stocks. Crypto fundamentals are important news, user growth, transactions per block (or block size), fees, confirmation time, and security. However, understanding the fundamentals of crypto requires a deep…

In a decentralized world, price fluctuation is something that crypto enthusiasts have become accustomed to, especially the emotional roller coaster of substantial price swings. The crypto market can be described as pirates at sea, where the bigger ships try to conquer the smaller vessels to amass wealth and treasures. Crypto enthusiasts found a way to curb all these highly volatile crypto markets by introducing stable cryptocurrencies, which serve as a reliable hedge during market fluctuations. Three basic kinds of asset-backed…

Initial Coin Offerings (ICOs) and Initial Exchange Offerings (IEOs) have been around for several years. They represent a viable form of raising money for companies developing blockchain-based projects. However, developers could not get enough of them for a long time. That is until Security Token Offerings (STOs) entered the scene and kicked speculative secondary markets in the teeth. We are now looking at a slow but steady fading of ICOs & IEOs as fundraising methods in favor of STOs. The…

Blockchain technology first appeared in the public spotlight in 2009 with the birth of Bitcoin. Since then, it has gone through several stages of development and innovation, and its future of potential applicability is brighter than ever. Numerous financial institutions and companies are testing the waters of blockchain technology. Some of them are knee-deep near the shores of predictability. Others are already backstroking in the distance. And on the waterfront, one can see the governments dipping in their toes and…

Bitcoin is a revolutionary concept that will forever change how we understand and deal with finances. Since its release in 2009, the best-known cryptocurrency has taken the world by storm. It delivers an alternative to fiat money, quicker bank transfers, and countless possibilities of development for blockchain-based digital assets. Many see Bitcoin as the next best thing since the invention of the internet. Like the world wide web, its influence might surpass the financial system's borders and shape geopolitical issues.…

There is excellent market confusion about the distinction between different terminologies that keep floating around. Most people, some calling themselves seasoned professionals, cannot tell apart Bitcoin and Ethereum or the difference between a Blockchain and a cryptocurrency. Some even go to lengths to propose solutions for projections that do not even have problems. Let us hope the distinction between each is soon cleared. But, unfortunately, all the false promises and ill-informed market "experts" can divert their focus toward better understanding…

A Multisignature wallet (or Multisig wallet) is one where you need control over multiple private keys to spend from that wallet. That is, each address in the wallet has numerous private keys behind it. The idea with multi-sig wallets is that multiple people can cooperatively control the funds in the wallet. Alternatively, the wallet can require approval from various devices owned by the same person, i.e., a form of second-factor authentication. According to bitcoin.com, “Multi-signatures can also be used for redundancy to…

If you believe that the present-day Internet is as good as it will get, you've never heard of  TRON and its plan to "decentralize the web" and establish the base of "a virtual civilization of the future." TRON is a decentralized protocol initially built on the Ethereum blockchain. Still, it is now a stand-alone platform for smart contracts and DApps. It claims to be the first network in the crypto world to bring together entertainment creators and consumers in a…