Coins, Tokens & Altcoins: What’s the Difference?
Cryptocurrencies have garnered a lot of enthusiasm from younger investors over the last few months. As more and more people enter the cryptocurrency market, it becomes essential to differentiate between the terms that these assets are referred to. Here’s a primer to get investors started with the difference between the three major cryptocurrencies: coins, tokens,…
How can Blockchain reduce corruption?
When it comes to technology, then it has never ceased to leave us overwhelmed by its benefits; whether it was the internet revolution which has changed the world to the blockchain technology which is unfolding new avenues of transformation every day. Although, blockchain is currently majorly assisted with cryptocurrencies and financial transactions, its benefits in…
How Can a Restaurant Use Blockchain Technology?
Blockchains, the underlying technology behind the cryptocurrency Bitcoin, has real-world implications that far exceed that of payments. Since Blockchains enable us to make trustless transfers over the internet, they have used in almost every pre-existing industry to make their process more efficient and bring down costs. From the fashion industry to the pharmaceutical industry and…
The Impact of Blockchain Goes Beyond Financial Services
Bitcoin and other cryptocurrencies that are based on the Blockchain Technology have great potential to disrupt the current financial services industry. From lowering costs of transfers to reducing confirmation times for cross-border payments, the benefits of Blockchain for financial services are immense. Smart contracts, which will enable self-executing instructions built into cryptocurrencies, will no doubt…
How exactly is Proof-Of-Stake implemented?
Recently after Ethereum decided to shift to Proof-Of–Stake from Proof-Of-Work, it has garnered a lot of attention. It has emerged as a great alternative to the tradition; a Proof-Of-Work system. Being more energy efficient, lesser time consuming has made it an excellent choice. Before heading further, let us have a quick view of Proof-of-Stake….
Proof-of-Work versus Proof-of-Stake
Cryptocurrencies, one of the most searched words on any search engine has something more to it. In this blog, I will be highlighting about Proof-of-Work and Proof-of-Stake. What is the difference between the two and brief overview on the same? Before getting into the details of PoW and PoS, let’s understand quickly about mining. What…
How to Launch an ICO?
We have heard a lot about cryptocurrencies and blockchain in 2017, its time to discuss the term ICO. It’s a popular way to raise funds for cryptocurrencies projects and Blockchain industries. What is ICO? ICO or Initial Coin Offering is also known as crowdsale. It is a way that the companies raise funds for its…
What are the alternative strategies for Proof-Of-Work?
There has been a lot of buzz in the market about Blockchain and allied services. Cryptocurrencies have been the hot selling property. Since these work on a global platform, there is a need for a safe and efficient Consensus Algorithm which is also safe. What is Consensus Algorithm? It is similar to Proof-Of-Work (POW) for…
Blockchain Predictions for 2018
Every investing related website and tv program has found a new favorite in the world of cryptocurrencies. With new investors anxious to enter the market to join the internet money revolution, 2018 looks like it could be the year the cryptocurrencies finally become mainstream. 2017 was an immensely successful year for cryptocurrencies which saw the…
How can Blockchain help you in eating fresh food?
We earn money to eat healthy food and live a healthier life. It would not be wrong to claim that many of us are now shifting our focus towards organic food and are investing huge money in it. But, the question that arises here is how sure you are that you are getting quality food….
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