BlogHide Resteemsmondraye (65)in hive-183397 • 2 years agoCRYPTOCURRENCY NETWORK CONGESTIONSource When a network can no longer handle the volume of transactions that are being submitted to it, congestion arises. There are several reasons that contribute to this phenomenon, including…mondraye (65)in hive-183397 • 2 years agoDECENTRALIZED FINANCE AND SOME OF IT'S DISADVANTAGESPixabay DEFI For many people, entering the DeFi world may be both exhilarating and confusing. It's normal to start wondering how to get more profits out of your portfolio after some…mondraye (65)in hive-183397 • 2 years agoCRYPTOCURRENCY FULL NODESPixabay The core of the bitcoin network is made up of full nodes. They keep a copy of the blockchain and validate, send, and receive blocks and transactions. These categories frequently…mondraye (65)in hive-183397 • 2 years agoEFFECT OF CHAINLINK IN DECENTRALIZED FINANCESource High-quality oracle services have grown in popularity ever since Decentralized Finance (DeFi) became more well-known. After all, the majority of these initiatives make use of smart…mondraye (65)in hive-183397 • 2 years agoWHAT ARE MEME COINSSource Meme coins are digital currencies that get their inspiration from Internet and social media jokes and memes. Dogecoin (DOGE) was the initial meme coin produced. A Japanese Shiba Inu dog…mondraye (65)in hive-183397 • 2 years agoWHAT IS AN ICO IN CRYPTOSource Teams can use an Initial Coin Offering (ICO) to raise money for a project in the cryptocurrency industry. Teams create blockchain-based tokens for an ICO to sell to early backers. Users…mondraye (65)in hive-183397 • 2 years agoPHISHING ATTACK AND HOW TO ESCAPE FROM ITSource Even those who are new to the crypto industry are likely to be familiar with phishing. In order to obtain personal information from victims, the fraudster frequently assumes the identity…mondraye (65)in hive-183397 • 2 years agoTHE WORKING PRINCIPLE OF PGPSource One of the earliest pieces of widely used software to use public key cryptography is PGP. In order to attain a high level of security, it is a hybrid cryptosystem that uses both symmetric…mondraye (65)in hive-183397 • 2 years agoUNDERSTANDING BITCOIN TRANSACTION FEES AND FEES TO REWARD RATIOsource On the Bitcoin network, a modest processing fee is added to each transaction as payment to the miners. Higher fees increase the likelihood that a transaction will be included in the next…mondraye (65)in hive-183397 • 2 years agoAPPLICATION OF PUBLIC KEY CRYPTOGRAPHYsource Many contemporary computer systems utilize this kind of cryptography to protect sensitive data. To protect the confidentiality of emails, for instance, public key cryptography techniques…mondraye (65)in hive-183397 • 2 years agoBITCOIN AND HOW IT WORKSsource We are most popular with the term Bitcoin but very few of us actually know what it really is and how it works. That, we will be looking at today. Bitcoin is a type of electronic money.…mondraye (65)in hive-183397 • 2 years agoWHAT IS A MIMBLEWIMBLE AMD HOW DOES IT WORK?source A blockchain architecture called Mimblewimble (MW) uses an innovative method of organising and storing transactions. It is an alternative Proof of Work (PoW) blockchain implementation…mondraye (65)in hive-183397 • 2 years agoTHE IMPORTANCE OF PEER-TO-PEER IN BLOCKCHAINSource Satoshi Nakamoto referred to Bitcoin in its early phases as a "Peer-to-Peer Electronic Cash System." The digital currency known as Bitcoin was developed. It can be exchanged from one user…mondraye (65)in hive-183397 • 2 years agoALGORAND BLOCKCHAINsource Professor Silvio Micali, a computer scientist from MIT who received the Turing Award and is regarded as one of the founders of contemporary encryption, established the blockchain network…mondraye (65)in hive-183397 • 2 years agoINTRODUCTION TO BLOCKCHAIN ORACLESource Blockchain oracles are third-party services that supply external data to smart contracts. They act as a connection point between the outside world and blockchains. Off-chain data (data…mondraye (65)in hive-183397 • 2 years agoBITCOIN SCRIPT SECURITYsource The term "programmable money" is sometimes used to describe Bitcoin. It gives users a great deal of flexibility when it comes to establishing rules for how money can be spent because of…mondraye (65)in hive-183397 • 2 years agoCRYPTOCURRENCY GAMINGsource The term "crypto gaming" describes the blending of cryptocurrencies and video games in which virtual goods are a part of the gameplay. Characters, in-game objects, and virtual money are…mondraye (65)in hive-183397 • 2 years agoBLOCKCHAIN SECURITYSource A cryptographic tool called a digital signature is used to confirm the reliability and validity of digital data. We could think of it as a more complicated and secure digital equivalent…mondraye (65)in hive-183397 • 2 years agoCRYPTOCURRENCY DERIVATIVESsource Financial contracts known as derivatives derive their value from underlying assets like stocks, cryptocurrencies, fiat money, or commodities. Consider a derivative as a two-party contract…mondraye (65)in hive-183397 • 2 years agoOPTIONS TRADINGSource A trader is granted the right to buy or sell an asset at a fixed price before or on a specific date under the terms of an options contract. Contrary to what they might seem like, traders…