Blockchain

Reports suggested that Melania Trump might have placed the winning bid for her own NFT auction. The former first lady denied the accusations. Melania Trump is facing scrutiny for her NFT business. In particular, reports suggest that the crypto for the winning bid for her NFT auction came from the same wallet that launched it. The auction in question was for a collection inspired by her 2018 state visit to France, featuring physical and digital items. For $250,000, the first…

SegWit2x (“B2X” or “S2X”) was a failed, controversial Bitcoin hard fork effort aimed at doubling the block size limit. Some people in the BTC community went as far as to label this proposal as a “Corporate Takeover.” Over 80% of miners supported SegWit2x, but the community could not agree on the upgrade. Nevertheless, we can all learn several things from this story, as we will explain in the article. The difference between a “Soft Fork” and a “Hard Fork.” Before…

NFTs are now becoming popular and more lucrative with their growing demand. It shows how rapidly the world is moving and endorsing blockchain technology. Notably, the investment sector is keen on putting money into these innovations and durational returns to their except. However, with so many NFTs coming in daily, you might wonder which one to choose. To help you out, we will discuss the top NFT projects you should know about. These NFTs are on blockchain technology, ensuring your…

It has been a few years since the topic of blockchain technology invaded the market for the first time. Today, people are gradually learning to see a blockchain and a cryptocurrency as two distinct concepts. The technological and financial culture is growing, and, as a result, the industry is attracting more developers and users. Among the many consequences of this trend, we find the appearance of new tools. Today we will talk about one of the many new applications of…

Metaverse is now becoming the talk of the town. Ever since Mark Zuckerberg's revelation about Facebook and other platform moving towards the metaverse, people are eyeing the fantastic opportunities that come with it. The new projects based on virtual reality and other technologies allow different experiences. As Facebook embraces the metaverse, it will launch new projects that combine the concepts of VR, cryptocurrencies, and other things. 2021 and 2022 were the years of NFTs and Defi; will we see a rise…

The cryptocurrency world continues to see new developer ideas enter the market. Today, we will simplify a technical aspect: Hyperledger Fabric technology. Any reader interested in learning about the most complex aspects of the topic can refer to the official documentation. This article will analyze this system's main elements, highlighting important criticisms in the sector. Understanding Hyperledger Fabric Let's start, first of all, by understanding the origin of the instrument name: Hyperledger is an open-source distributed ledger system. A group…

From Satoshi Nakamoto's historic whitepaper to modern times, cryptocurrencies have changed a lot. This sector has brought about a real revolution in the world economy in just under ten years. Only some people know that the algorithm created following Nakamoto's paper has undergone several changes over time. This software (known as "Bitcoin Core") has shown more rigidity than many modern blockchains. For this reason, analyzing one of its significant changes over time is an exciting aspect. Therefore, this article will…

How blockchains and cryptocurrencies handle investor data is a topic of great interest in the market. The data-encryption layer of a blockchain is one of the mechanisms that attract traders the most. However, there is an essential difference between encrypting users' data and providing transaction anonymity. How can a system guaranteeing perfect traceability of transactions achieve excellent privacy protection? This article introduces and explores the topic of crypto anonymity with some practical, real-life examples. The original Bitcoin idea Before better…

How to evaluate the security of a cryptocurrency? One could easily claim that secure cryptos must run on a secure blockchain. However, this theoretical statement can have complex applications in the real world. One way to look at the matter is by connecting security to validation. Every blockchain must have a suitable transaction validation mechanism. When it comes to blockchain validation, we generally mention nodes. Today we will talk about Bitcoin nodes. The article aims to explain a very technical…