Proof-of-Stake (PoS) is a consensus mechanism used in blockchain networks that aims to solve the energy-intensive and costly process of traditional mining. In PoS, nodes (also known as validators) are chosen to create new blocks and validate...
A 51% attack is a specific type of blockchain attack that occurs when a single entity gains majority control (over 50%) of a network’s mining hash rate or staking power, enabling them to manipulate transactions. While a 51% attack can facilitate...
According to David Sag's standard, each ERC-884 token represents a specific share in a Delaware corporation. The standard is intended for equity transactions, and the token's owner must be whitelisted, which is a smart contract feature. To comply...
The primary difference between buying Ethereum on an exchange and through a peer-to-peer (P2P) platform lies in the method of transaction, control over pricing, and level of intermediation. Cryptocurrency exchanges (like Coinbase, Binance, or Kraken)...
Generally, it is necessary to perform a few simple calculations manually in order to calculate your trading profit. When you buy 2 Bitcoins (BTC) at $46,000 and sell them at $50,000, the transaction size is 2 Bitcoins (BTC). In order to calculate...
The process of mining a new block in the Bitcoin network involves solving a complex mathematical problem using specialized hardware. Miners compete with each other to solve the problem, and the first miner to find the solution gets to add a new block...
A public blockchain is a type of blockchain that is open to anyone to participate and view. It is decentralized and maintained by a network of nodes that validate transactions and store a copy of the ledger. Public blockchains, such as Bitcoin and...
Private keys are the cornerstone of cryptocurrency security; losing them means losing access to funds forever. To protect them, follow these best practices: Use hardware wallets like Ledger or Trezor for offline storage, minimising exposure to...
Swing trading is the practise of buying and selling bitcoin in response to market fluctuations and maintaining a position until the trend slows or reverses. In contrast to day trading, positions can be held for several days to a few weeks. Technical...
This may be accomplished by using a cryptocurrency exchange such as Coinbase or online trading platforms such as Gemini, Kraken, or eToro. You establish an account with your preferred provider after verifying your address and identity, and then link...