Many stories in the media are about how the Bitcoin Blockchain is inefficient. There are currently two methodologies for achieving blockchain scalability using solutions in Layer-1 and Layer-2 (like the lightning network). This article will explain the problem, what Layer […]
Bitcoin, Ethereum and most other crypts are powered by a technology called blockchain. A blockchain, quite simply, is a list of transactions (a ledger) that anyone can view or verify. Bitcoin’s blockchain, for example, contains a record of every instance […]
Ethereum has made its next step toward its 2.0 upgrade. With its London hard fork, Ethereum is now changing its payment structure. This change has an economic impact on Ethereum, and with it, we have seen the price of ETH […]
Unless you’ve been living under a rock for the past year, you’ll most likely have heard someone mention NFT’s – but what are they? NFT stands for “non-fungible token”, which probably doesn’t help you understand it any better, so let’s […]
Proof of Work (PoW) is a system initially employed to prevent malicious or frivolous computing power uses and reworked as a digital currency consensus mechanism in 2004. Several cryptos, including Bitcoin, have chosen PoW as their consensus mechanism. It is […]
Several altcoins are choosing to use Proof of Stake (PoS) as their consensus mechanism, most notably Ethereum. The PoS consensus mechanism is a significant shift from Bitcoin’s legacy Proof of Work system of consensus mechanism. We will introduce you to […]
Decentralized Finance or DeFi has lately become one of the trending issues in the insurance sector. The crypto industry is bombarded with articles trying to explain what DeFi entails. Although the DeFi community rarely mentions insurance, this is one industry […]
As 5G networks begin to move into a deployment phase, developers and scientists are already moving focus to the potential of 6G communication. The truth is, 5G offers faster download and upload speeds, and has created accessibility for a broad […]
Arrangements between two parties will typically be formalized with a written contract. Whether it be two individuals or businesses, a contract ensures a documented account of a two party agreement. However, the traditional contract is fraught with problems. Validating and […]
Over the last decade, there have not been as many technological inventions that have received as much hype as blockchain technology has. Adopting the innovative technology is materializing in industries like banking, finance, law, insurance, and supply chain management to […]
