DigiEdition

Cardano intends to address issues like as scalability, interoperability, and long-term viability on cryptocurrency systems. The first issue is network sluggishness and excessive costs caused by increased transaction volumes. This is due to the fact that scalability is one of the core problems with Bitcoin. The second issue is the lack of interoperability and that […]

Cardano intends to address issues like as scalability, interoperability, and long-term viability on cryptocurrency systems. The first issue is network sluggishness and excessive costs caused by increased transaction volumes. Cardano aims to create a more stable cryptocurrency ecosystem by addressing issues like scalability, interoperability and long-term viability on existing systems. The first issue is network […]

Cardano is a blockchain platform that is open to the public. It’s decentralised and open-source, with consensus obtained by proof of stake. Its own coin, ADA, can be used to allow peer-to-peer transactions. Charles Hoskinson, a co-founder of Ethereum, established Cardano in 2015. Cardano is the first blockchain with a scientific philosophy, and is designed […]

Decentralization refers to the fact that the Internet is governed by a large number of people. It consists of millions of devices connected in an open network. It cannot be owned, controlled, or turned off by a single actor. The Internet and the World Wide Web remain the world’s largest decentralized communication system. While the […]

Bitcoin maximalists think that Bitcoin, the most popular cryptocurrency in the world, will be the sole digital asset required in the future. All other digital currencies, according to maximalists, are inferior to Bitcoin. Bitcoin maximalism is considered as a controversial position in the cryptocurrency community. Bitcoin maximalists think that Bitcoin, the most popular cryptocurrency in […]

Avalanche is a proof-of-stake blockchain with smart contract capability that is decentralised and open-source. The platform’s native cryptocurrency is AVAX. Avalanche is a blockchain platform that uses the AVAX money as its native currency. Avalanche is a cryptocurrency that competes with Ethereum in terms of scalability and transaction processing speed. The Avalanche blockchain is secured […]

Atomic swaps are swap of cryptocurrency between two entities who would like to exchange tokens from different blockchains. Atomic swaps are useful when you have just one cryptocurrency, but want to utilize another one in transactions. Exchange services or wallets that are specially designed are required to carry out an atomic swap since the process […]

An application-specific integrated circuit (ASIC) miner is a computerised device or piece of hardware that only mines bitcoin or another cryptocurrency using ASICs. An application-specific integrated circuit (ASIC) is designed to perform a particular function or a group of related functions. Application-specific integrated circuits are used in digital devices such as computers, cellphones, video game […]

Algorand is a pure proof-of-stake blockchain cryptocurrency system with a scalability-focused consensus mechanism that aims to solve the blockchain trilemma. Smart contracts are supported by the Algorand platform, and their consensus process is based on proof of stake and a Byzantine agreement protocol. Algorand was invented by Silvio Micali, a professor of computer science at […]

In the world of cryptocurrency, 51% attack has become a very common term. It is a kind of attack where an entity gains control over the majority of the network hashrate. The entity then uses that control to perform various malicious actions like double-spending and reordering transactions. In this article, I will explain what exactly […]