The Lightning Network is a payment network built on the bitcoin blockchain. There are many benefits to using the Lightning Network and it is gaining traction faster than other scaling solutions developed for the bitcoin ecosystem.
If you’re interested in learning more about the Lightning Network, read on for a more in-depth explanation of this second-layer payment protocol. Continue reading “What is the Lightning Network?”
Top 10 cryptocurrency projects!
Every year we see more and more crypto-currencies (also known as digital currencies or altcoins) appearing on the market. We are at the dawn of a new era for crypto-currencies. By 2022, there will be hundreds of thousands of blockchain projects based on a wide range of industries, including healthcare, commerce, logistics and more.
We review ten of the top crypto-currency projects to watch in 2022. Continue reading “Top 10 cryptocurrencies to watch in 2022 before they take off!”
The futuristic world of virtual reality!
What happens when reality and virtual reality collide? Discover the metaverse, a futuristic world where VR is as real as you or me. The term metaverse was coined by Neal Stephenson in his 1992 novel Snow Crash to describe an interconnected virtual universe. Stephenson’s vision for the metaverse was of a world where people took on different avatars, built houses that represented their different interests and lifestyles, and interacted with each other in a way that felt like talking face-to-face. Want to learn more about this new world? Scroll down! Continue reading “What is the metaverse?”
The different types of blockchain developers
With the sudden surge in crypto-currencies that began in early 2017, thousands of new blockchain developers entered the market. The demand for blockchain developers has grown exponentially, just like traditional software developers.
We are still in the early stages of blockchain technology. As it develops, the number of types of blockchain developers is likely to increase, as well as the distinction between them. Continue reading “What is the job of a blockchain developer”
What is Blockchain?
Blockchain is one of the most disruptive technologies to emerge since the advent of the internet. In this article, we are going to see what blockchain is and how it can change your future.
The blockchain was invented by Satoshi Nakamoto in 2008 to serve as a public ledger for bitcoin cryptocurrency transactions. The invention of the blockchain for bitcoin made it the first digital currency to solve the double-spend problem without the need for a trusted authority or central server.
The blockchain is a distributed database that allows permanent, transparent and secure storage of data. Its operation is based on a shared database that can be accessed by anyone with an Internet connection.
Blockchain is a way to keep a secure digital record of transactions.
A blockchain can be public or private, but it is always decentralized. Continue reading “What is blockchain and how will it change the future?”
The NFT phenomenon
When we talk about NFTs, we are talking about cryptocurrencies. It is an abbreviation of ‘Non-Fungible Token’, which means a token, a digital asset issued by a blockchain. The first unique NFT was created in 2014.
These tokens can be issued to be assigned to a specific owner, an existing physical asset, or a digital creation. The property is unique because no one can imitate it. Anyone can decide to create, buy or sell. NFTs are primarily created on Ethereum, a platform for smart contracts and digital smart contracts.
NFTs are therefore a kind of digital object with a series of information that is associated with the blockchain, and which serve both to identify it and to provide proof of its origin. Continue reading “Understanding NFTs”