Blockchain Technology: An In-Depth Guide

Introduction The blockchain is a distributed database which is similar to a spreadsheet that records all transactions or digital events that have been executed and shared among participating parties. Each transaction is validated by most participants in the system. Bitcoin is the most popular cryptocurrency as an example of blockchain. But they are not limited … Read more

Understanding Crypto Mining: A Comprehensive Guide

Introduction Cryptocurrency is a currency that exists digitally and uses cryptography operate transactions. It does not have a central issuing or regulating authority; instead, it has a decentralized system to record transactions and issue new units. Further, Crytpominig uses specialized resources to add blocks to a blockchain. Therefore, by adding a new block to a … Read more

How does cryptocurrency work? A detailed explanation

What is cryptocurrency, and how does it work? Cryptocurrency is a decentralised digital money that is formed on blockchain technology guarded by cryptography. A blockchain in the context of cryptocurrency with access distributed to authorised users. The ledger records all the transactions, including assets like a house, money, or other intellectual property.  Any information shared … Read more