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
The Differences Between Proof of Work (POW) and Proof of Stake (PoS)
Today, blockchains serve as the primary drivers of all crypto transaction operations in a digital asset. Its foundation is based on different aspects, such as privacy and transparency. Within the blockchain network reside nodes that act as the actual transaction validators. The presence of nodes explains the decentralized nature of cryptocurrencies since no single entity owns the system. Therefore, node operators oversee every transactional process as they own a copy of the distributed ledger. However, the operators work with different…
6 years ago
Blockchain Technology – Everything you Need to Know
Anyone in the financial technology space must have heard about blockchain technology. However, not many people know how it works and the technology behind it. Blockchain technology is an invention of an anonymous individual or a group of people under the pseudonym Satoshi Nakamoto which powered the first cryptocurrency, Bitcoin, released in 2008. Technology has been in play ever since. Since blockchain technology release, the IT industry has massively evolved. However, several people are still skeptical due to a lack…
6 years ago