Cryptocurrency like Bitcoin uses the Block chain as a decentralized, distributed, public digital ledger that records all the transactions of the Bitcoin. Block Chain has a unique feature of storing the value of previous block as a hash value in the current block, which makes it impossible to alter any ... Read More

Block Chain is the most important component of any cryptocurrency network. Cryptocurrency is based on distributed, transparent public ledger where all the transactions ever made on a cryptocurrency are noted in the blocks and added to the block chain. Miners get attractive rewards to verify and create a new block ... Read More

Cryptocurrency is entirely dependent on Block Chains to maintain their transactions. A block is like a page of a ledger book where some transactions are written in ink, permanent which cannot be altered. A block typically consists of transactions of bitcoin or any other cryptocurrency and the details of transactions ... Read More

Before we talk about Ethereum let us first understand the concept of Decentralized network of Bitcoin which laid the foundation for the following Decentralized networks. Bitcoin digital currency was invented by Satoshi Nakamoto in 2009 as using a decentralized and transparent network.Bitcoin uses Cryptography + Proof of work + Decentralized ... Read More

From a connoisseur to a novice who deal in Bitcoin have a number of questions in terms of the security of this currency. However, they should not be worried because crypto is securer than existing currencies, banks, and other financial institutes.Thanks to Blockchain technology, which is backing it. Transactions are ... Read More

Ethereum Mining GuideEthereum Blockchain BasicsAs we all know, cryptocurrency mining is a process of solving complicated mathematical puzzles and miners play a crucial role in any cryptocurrency network as they spend their time and computing power to puzzle out those math problems, giving a ‘proof of work’ for the network, ... Read More

This might fall upon like a shock on those who think that only cash can be transact from an ATM. In this era of crypto and digital currency, things have taken a leap now. Thanks to technology! As of April 2019, there are more than 4, 518 bitcoin ATMs across ... Read More

Digital Signature is a mathematical technique which is used to authenticate a digital document. This is equivalent to handwritten signature or a stamped seal and offers far more security and integrity to the message or digital document. It solves the problem of impersonation in digital communications by providing evidence of ... Read More

Consensus protocol is one of the most important aspects that makes the Block chain network a fool proof system. It is the revolutionary protocol that makes the Block chain network an irrefutable system where the majority of devices (nodes) connected to the network agree on each and every transaction. This ... Read More

The difference between a Block chain and a traditional database begins with architecture, creation, access, and permissions. They differ in each and every aspect except that they both are huge repositories of data which is stored and accessed in an organised form, digitally.DatabaseThis runs on a client-server network, where there ... Read More