Smart contracts lie on the basis of the blockchain ecosystem. It is these contracts that allow users to interact on the blockchain, decentralized apps, and in general, on Web3. They eliminate the need for an intermediary for any transaction verification… Continue reading What are Web3 Contracts. Complete guide
intellectual property
What is a token and its meaning
Nowadays, investors are turning their focus to tokens as a new way of lucratively putting their money to work and gaining profits. What exactly is a token? It’s a digital certificate that guarantees a company’s commitment to the person holding… Continue reading What is a token and its meaning
Decentralization in simple words
Before cryptocurrency, all information in the world had been stored in a centralized way. For the storage and saving of data, separate servers were allocated. All recordings were stored on external and internal drives. To increase protection, the information was… Continue reading Decentralization in simple words
Differences between Permissioned and Permissionless Blockchains
Nevertheless, blockchain is still a pretty new concept, and there could be a misunderstanding of some of its aspects — for example, the difference between permissioned and permissionless chains. This guide will tell you everything you need to know about… Continue reading Differences between Permissioned and Permissionless Blockchains
What is blockchain?
The most known blockchains are Bitcoin and Ethereum. The primary difference between blockchain and other databases is the decentralized character and the exclusion of third parties in transactions which minimizes security concerns and costs. The information in blockchains is stored… Continue reading What is blockchain?
7 ways how blockchain will affect our daily life in 2023
Today, in the FinTech space, blockchain is on everyone’s lips as financial institutions are eagerly trying to find practical ways to implement and use the technology to generate profits. Since blockchain is a key technology…
