Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Blockchain
A Beginners’ Guide to The Flare Network
One of the most exciting and far-reaching evolutions in the blockchain network has been the Decentralized Applications (DApps) and smart contracts. As the pioneer of this evolution, the Ethereum blockchain has been propelled into being the most versatile in the crypto space. It is also the second-largest by market cap. Borrowing from Ethereum's ever-increasing popularity, other blockchain systems have been keen to explore this evolution. A good example is Cardano, having risen to its current position as the third-largest by…
4 years ago
A Look at The Binance Smart Chain (BSC) – How Does It work?
The Binance Smart Chain (BSC) is the latest addition to Binance's ecosystem. This fourth-generation has built blockchain to bring advanced features and DeFi capabilities into the network. The BSC was devised as an independent blockchain to the network’s original Binance Chain project. The developer’s decision to pursue a dual-chain architecture has paid off. The new blockchain increased both the usability and functionality of the network's utility token, BNB. The additional benefits gained from the new network have translated over into…
4 years ago
How to Sign a Message with Bitcoin – Sign Message
Learning to sign a message with Bitcoin is the next step in becoming a more informed investor. Most people are surprised to learn that message signing is a basic feature of Bitcoin. The purpose of message signing is to prove that you are the actual owner of an address without moving any assets. You must possess the account's private keys to sign a message on the blockchain. Benefits of Message Signing The ability to sign messages may seem trivial, but…
4 years ago
A Beginners Guide to Cryptocurrency Nodes
The database technology behind cryptocurrencies has sparked interest in different industries globally, including government entities. The technology mimics an enormous ledger responsible for indexing and recording completed cryptocurrency transactions. However, the most intriguing bit about blockchain technology is not just its nature as a distributed ledger technology (DLT). It is the level of security that comes with the distribution of information across the network of nodes. The nodes are the most critical components of the entire blockchain infrastructure, creating the…
4 years ago
Etherscan – Helping to Support A Vibrant Ethereum Ecosystem
Etherscan is an independent blockchain explorer that has seen considerable growth in-line with the overall expansion of Ethereum's ecosystem. The platform functions kind of like a search engine for the Ethereum blockchain. Anyone can use this protocol to research, confirm, and validate transactions that have been confirmed on the Ethereum blockchain. The platform provides an easy way for regular users to navigate the distributed network. Consequently, its regarded as one of the most valuable resources available to Ethereum network participants.…
4 years ago
Understanding the Bitcoin Mempool and Why It’s So Important
The Bitcoin Mempool is a critical component of Bitcoin's core functionality. Mempool is simply a shortened version of the phrase "Memory Pool." This protocol is the first place that any new transactions are noted on Bitcoin's blockchain. In essence, it's a holding pen for all pending transactions before they are presented to miners. Notably, every node maintains a Mempool. Mempool allows Bitcoin's network to keep track of and manage all of its transactions in an organized and democratic manner. Remember,…
4 years ago
A Guide to DeFiner (FIN) – A Peer-to-Peer Marketplace without Middlemen
The decentralized finance sector offers a secure venue for people to get the best from their crypto assets. Few platforms embody this approach better than DeFiner. This peer-to-peer network enables its users to lend, borrow, and gain interest using their cryptocurrencies without acting as custodians. DeFiner has all the ingredients of a successful DeFi recipe. Crypto experts and project managers run it. Trustworthy industry companies have already audited it, and several important crypto investors back it to get to the…
4 years ago
HashQuark – A Simply Way to Stake on DPoS Networks
HashQuark is a delegated staking platform that continues to see growing participation from the crypto community. The network's combination of features has helped it secure multiple grants to further the DPoS staking environment. Impressively, HashQuark is recognized as one of Asia’s largest and most trusted staking service providers at this time. HashQuark's developers focused on servicing the Delegated Proof-of-Stake (DPoS) sector primarily. DPoS blockchains are considered more efficient and democratic when compared to their predecessors. The main difference between DPoS…
4 years ago
India’s Oldest Bank SBI joins JPMorgan Blockchain Payment Network
The oldest bank in India, State Bank of India (SBI), has partnered with US bank, JPMorgan, to leverage its blockchain platform to speed up international transactions. This is the first of such partnerships in India and shows the growing adoption of blockchain-based solutions by banks. SBI to Integrate JPMorgan Blockchain Solution for Cross-border Payments The development was revealed today by local news outlet the Indiatimes. According to the report, the partnership will offer SBI immense benefits. One of which is…
4 years ago