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What is Blockchain?

Blockchain Technology | August 17, 2020

8 mins read
Blockchain is a time-stamped series of immutable records of data that is managed by a cluster of computers not owned by any single entity. Blockchain is literally a chain of blocks – each block has the hash value of the previous block and forms a chain. The data stored in the blocks includes information about a transaction, and the addresses that participate in this transaction. Updating data in a block will change the hash value and will not validate with the hash stored in the next block, and thus making it tamper-proof.

Major Types of Cryptocurrencies

Cryptocurrencies and Bitcoin | August 17, 2020

4 mins read
The most obvious kind of cryptocurrency is that which is used as a means of payment, a form of digital money. This was the original use case of cryptocurrencies and the one that is familiar to most. This began with the invention of Bitcoin but hundreds of other cryptocurrencies for payment, also known as currency coins or payment tokens, have since been created. There are many ways to group the various currency coins, the first and most obvious distinction is between the novel Bitcoin coin and everything else that came after.

Cryptocurrencies and Bitcoin

Cryptocurrencies and Bitcoin | August 17, 2020

9 mins read
Cryptocurrency is a digital currency which is secured by cryptography and built using decentralized blockchain technology. Computer code and technology are used to create an entirely virtual currency that enables people to transact with one another and store wealth.

Blockchain-as-a-Service

Blockchain Technology | August 6, 2020

9 mins read
One of the biggest challenges is what is meant by BaaS, what does it cover? The term is used rather loosely. The only aspect that the phrase always seems to include is the ability to set up a server or node from a template. But, provided your comfortable with Linux servers, the basic installation process for most of the blockchain protocols isn’t that hard without a template.

Institutions Are Entering the Crypto Space

Cryptocurrencies and Bitcoin | March 23, 2020

4 mins read
On March 13, 2021, the price of Bitcoin once exceeded $61,000, setting a record high. The previous bull market occurred at the end of 2017, when Bitcoin broke through $19,000 for the first time. But the biggest difference between the bull market that started in late 2020 and 2017 is that the market has been strongly supported by traditional companies and institutions.