A Detailed Guide to Understanding Layer 2 Blockchains
Blockchains like Bitcoin and Ethereum are very popular, but they still have a lot of problems. There are high transaction costs and a lot of people using the network at the same time. Bitcoin can handle 7 transactions per second (TPS), while Ethereum can handle 15 TPS. When compared to other payment services, such as […]
What is a Layer 1 Blockchain and How Does it work?
If you’ve been curious about blockchain technology, you’ve probably heard the term “Layer 1” thrown around. But what exactly is a Layer 1 blockchain? In this blog post, we’ll break it down in simple terms so you can better understand this fundamental layer of blockchain technology. A blockchain is a distributed digital ledger that records […]
What is Layer 0 Blockchain?
Blockchain is a combination of many different fields, including computer programming, cryptography, economics, game theory, and more. This technology can be used for wide usages, such as cryptocurrencies, smart contracts, DeFi, and DEX. In short, blockchain technology gets rid of middlemen, lowers costs, and makes the exchange of value more efficient. In the last 3 […]
Can Blockchain Exist Without Cryptocurrency?
You may be aware that blockchain technology underpins cryptocurrencies such as Bitcoin. If you only know one thing about blockchain, it’s that it’s the technology that powers cryptocurrencies. However, blockchain technology is not limited to the cryptocurrency world. Indeed, some of its most intriguing applications have nothing to do with Bitcoin or any other cryptocurrency. […]
Impact of Blockchain Technology in the Media advertising and Entertainment Industry
The technology that was designed to be the foundation for Bitcoin is now available for use in a variety of new business applications and industries. It essentially allows transactions to be executed between a sender and a recipient in a network without the need for a central authority, increasing speed and decreasing transaction costs. The […]
How will Blockchain Technology Impact The Real Estate Industry?
Because of cryptocurrency, most people are familiar with blockchains. The blockchain’s potential, however, extends far beyond digital coins. The real estate industry is one of the most eagerly anticipated applications for blockchain. As an industry, real estate has traditionally been slow to adopt new technology, but this is not due to a lack of desire […]
How will Blockchain Technology Impact The Education Industry?
Blockchain has gotten a lot of attention as the underlying technology for cryptocurrencies and, more recently, as a data storage solution that has the potential to have a significant, positive impact in underserved industries like manufacturing, healthcare, and education. In this blog, we will look at how Blockchain technology affects the Education industry and what […]
Beginners Guide: What is Blockchain Technology and its Advantages
The decentralized tech that underpins digital assets is known as the blockchain. It’s an indestructible ledger that keeps track of both financial and non-financial transactions and can be programmed to do so. What is Blockchain technology? Blockchain is a method of storing data that makes it difficult or impossible to change, hack, or cheat the […]
Let’s Understand Why Polygon is the Next Big Thing in the Crypto World
Ethereum is fantastic; it’s the most popular DeFi development hub and, by far, the most secure smart-contract capable blockchain in terms of miner and node activity. However, it has a couple of serious drawbacks. It does not work well with other blockchains and suffers from severe congestion due to massive user demand. However, Polygon, a […]
Is this a good time to invest in Avalanche? Check it out!
Avalanche is a smart contract-capable platform, that aims to improve blockchain technology, particularly interoperability, scalability, and usability. What is Avalanche? Avalanche is an open-source platform for launching decentralised applications and enterprise blockchain deployments in a unified, highly scalable ecosystem. Avalanche is the first decentralised smart contract platform designed for global finance, with near-instant transaction completion. […]