Cryptocurrency

Decentralized Finance (DeFi) is an open financial infrastructure based on smart contracts distributed on a blockchain platform, such as Ethereum. The functions such as custodianship, legalization and central clearing of transactions are regulated by smart contracts. The independence from a centralized authority and...

Smart contracts have revolutionized the decentralized finance system. Each day a more secure and efficient platform makes the headlines with a new set of protocols. The Ethereum ecosystem has managed to dominate the crypto market despite the high gas fee and relatively slower...

After the introduction of Bitcoin in 2009, alternative currencies like Ethereum developed a better version of the decentralized blockchain system for crypto-traders. The transitions keep coming as new blockchain systems enter the market, each with its own added features and functionalities.  Solna brought a...

A blockchain network is celebrated for its most common attribute, called decentralization. But, how do we ensure that a decentralized peer-to-peer network with no centralized authoritative entity makes decisions? In the blockchain, we do it through consensus mechanisms. When it comes to data transfer...

Ethereum has been making headlines for its high gas fees. Yet, many of us might not be fully aware of what the transaction fee mechanism is. So, let’s take a closer look at the smallest percentage of Ethereum cryptocurrency. It is known as...

Decentralized finance is making headlines for releasing secure and efficient smart contracts while improving their protocols with every update. Yet, the Ethereum blockchain remains the number one platform in the market. But many users are complaining about the high gas fee of the...

Cryptocurrency and its diverse applications, such as DeFi, will likely dominate the future. Bitcoin was the first drop of water that sent out ripples into the world of cryptocurrency. It allowed the elimination of intermediary parties such as banks since individuals agreed on...

The first decentralized cryptocurrency, Bitcoin, was launched back in 2009. Since then, various other cryptocurrencies have followed suit. One such cryptocurrency is Dogecoin, created by software engineers Jackson Palmer and Billy Markus in 2013. Palmer and Jackson actually started Dogecoin as a satire.  They...

Bitcoin is a cryptocurrency introduced back in 2009. Satoshi Nakamoto is the false identity used by the author of this digital currency. He developed Bitcoin, developed the first blockchain database, and wrote the Bitcoin white paper as well. The real identity of the...

Bitcoin hits its new highest as it almost reaches the value of $20,000. On Monday, Coindesk reported that Bitcoin has broken its previous record set three years ago and reached a new peak of $19,850. However, later on, the same day price came down a little to...