Straight to the point!
A hybrid blockchain is a unique type of blockchain technology that amalgamates components of both public and private blockchain or tries to utilise the ideal part of both public and private blockchain solutions.
Transactions and records in a hybrid blockchain are made private but can be verified when entailed, such as by enabling access through a smart contract. Private information is kept inside the network but is still verifiable.
Although a private entity may own the hybrid blockchain, it cannot change transactions. A hybrid blockchain allows organisations to establish a private, permission-based system beside a public…
Blockchain technology can emphatically change the world due to its features. It offers decentralisation, enhanced security, faster settlements, and immutability. The technology became popular through bitcoin.
There are four chief types of blockchain networks which are private blockchain, public blockchain, consortium blockchain, and hybrid blockchain. However, this article focuses on public blockchain.
A public blockchain is a blockchain network with no restrictions which means that anyone can join it whenever they want. Anyone can see the ledger and get involved in the consensus process.
You just need an Internet connection to join the network and start validating blocks and sending…
Straight to the point!
A private blockchain is a permissioned blockchain and partial decentralised system where only a single organisation has access and authority over the network.
In other words, anyone who wants to join it must ask for permission from the governing body of the blockchain, and the public people cannot access it.
A private blockchain entails invitation and only the individuals taking part in a transaction can know about it. Anyone who is managing a private blockchain network can change or edit any transactions according to their needs.
Private blockchains enable various levels that determine which users can…
The global cryptocurrency market cap is $2.11 Trillion and Bitcoin’s dominance is 43.19%, at the time of writing. However, Bitcoin (BTC) failed to surpass the $50,000 resistance level and is currently trading at $48,000.
This article elaborates on The Internet Computer (ICP).
According to CoinMarketCap, the Internet Computer is the world’s first blockchain that operates at web speed with unlimited capacity. It was devised and launched by the DFINITY Foundation.
Its purpose is to expand the performance of the public internet, so it can also be a global compute platform. The Internet Computer generates a revolutionary new method of building…
Keeping your cryptocurrency safe is crucial if you are a cryptocurrency investor especially with the rise of scammers and hackers in the cryptocurrency space.
There are several methods to secure your cryptocurrency, however, this article focuses on securing your cryptocurrency using a hardware wallet.
A hardware wallet is a physical wallet which allows users to store their cryptocurrencies. It stores the private key to the user’s cryptocurrency offline. It is one of the most secure technique that users can use to store their cryptocurrencies.
Keeping your cryptocurrencies in an exchange wallet is extremely risky as the access to your wallet…
At the time of writing, the global crypto market cap is $2.05 Trillion, and BTC is trading at approximately $47,500. BTC price increased by 6.45% in the last 24 hours and 48.19% in the last 30 days.
The crypto market is rallying after undergoing a huge market correction from mid-May towards the end of July.
This article elaborates on 5 potential DeFi tokens that are capturing the attention and interest of many crypto investors. Withal, exchanges have been adding DeFi tokens to their trading platforms due to high demand from crypto communities.
DeFi aims to remodel the banking system for…
Founded by Anatoly Yakovenko in 2017, Solana is a single chain, delegated Proof of Stake (DPoS) and an eminently functional open source project that banks on blockchain technology’s permissionless nature to generate decentralised finance solutions.
It focuses on providing extensibility without sacrificing decentralisation or safety. Solana utilises smart contracts to host decentralised applications (dApps). Its singular frameworks enable cheaper transaction costs and augment the speed of the network.
Solana utilises a proof-of-stake and proof-of-history consensus to secure its blockchain. The proof-of-history (PoH) consensus enables higher extensibility of the protocol, which in turn improves usability. …
The global cryptocurrency market cap reached $2.01 Trillion at the time of writing, and many cryptocurrency analysts and investors believe BTC and altcoins will reach their previous all time highs in this cycle. On the other hand, the bears believe it is a bull trap.
Investment strategist and co-founder and CEO of Real Vision Raoul Pal advised new cryptocurrency investors in an interview.
Below is the full transcript of the conversation.
Host: I want to zoom out more of a bigger picture for a new cryptocurrency investor, what’s maybe the biggest piece of advice you would give to somebody entering…
ECOMI is a Singapore-based tech company which aims to dominate in the looming digital collectibles space and protection of digital assets.
The company built VeVe, a digital collectibles App which allows users to buy, customise, sell, or trade digital collectibles with other VeVe users, as well as display them in the virtual showrooms.
NFT coins are becoming increasingly popular with the rise of NFT games such as Axie Infinity, CryptoKitties, Blankos Block Party etc. They are used to back up NFT games. This article elaborates on 5 NFT coins which arouse the interest of crypto investors.
According to CoinMarketCap, Enjin Coin (ENJ) is an Ethereum-based cryptocurrency and a digital store of value utilised to back the value of blockchain assets like non-fungible tokens (NFTs). It is a project of Enjin, a company that supplies an ecosystem of interlinked, blockchain-based gaming products. Enjin Coin was launched on the Ethereum mainnet in June 2018.