Masternodes: A Lucrative Passive Way of Investing in the Crypto Space

The rapid expansion of the crypto space has seen several innovative ways of generating substantial profits apart from just simply trading cryptos by buying low and selling high. One such innovative way of generating profits in the crypto space without trading is running Masternodes, which have increasingly become popular. Simply put, Masternodes are a series of servers that underpin a blockchain’s network. Masternodes maintain the blockchain by allocating the task of validating the blockchain to machines that are not previewed…

Beginner’s Guide to DAOs – The Next Big Evolution in Blockchain

As a malleable concept, the definition of an 'organization' has been redefined, altered, and modified based on the roles it has come to play. The concept has gone through an evolution of functionality. The definition of an Organization evolves as humans need change. Although it is affected by human needs evolution, every organization needs an infrastructure, a base to develop. Its decision-making process can characterize the Infrastructure of a particular organization. A 'traditional' organization is known to be built on…

Beginner’s Guide to Atomic Swaps – Solving the Centralization Problem

In its simplest sense, an Atomic Swap is a mechanism that uses smart contract technology to enable the exchange of one cryptocurrency for another without using centralized intermediaries, such as exchanges. Atomic swaps are a technique that allows the quick exchange of two different cryptocurrencies running on distinct blockchain networks. Such a process (also known as atomic cross-chain trading) is based on smart contracts. It allows users to trade their coins directly from their crypto wallets. Before discussing an Atomic Swap, let…

A Roundup for Major Privacy Coins – No Spring Time for Monero, Dash & Zcash

Crypto exchanges worldwide are delisting privacy coins for legislative reasons, which is having pressure on the asset class downwards. For example, Estonia-based BitBay announced Monday that Monero (XMR) would no longer be tradeable from Feb. 19, 2020, for compliance reasons, while XMR/BTC price maintains bearish undertones, resembling a falling knife. This is happening in parallel to the “Crypto Spring,” where alt-coins across the board see bullish price action. With Bitcoin dominance steadily declining 2.7% in the last 3 months and…

The Masternode Ecosystem – A Leading Innovation in Consensus Mechanisms

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…

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