Introduction Let's dive right into this revolutionary technology that's transforming the way we think about money and transactions – keep reading to become a crypto-savvy individual in no time! Cryptography: Understanding the science of securing communication Cryptography is the science of securing communication, using encryption and decryption techniques to protect data from unauthorized access or manipulation. Definition Cryptography, at its core, is the science of securing communication through various techniques such as encoding and decoding messages. This practice ensures that only authorized parties can access and understand the data being transmitted. With a history dating back thousands of years, cryptography ... Read More

Introduction Crypto lending is the process of depositing the cryptocurrency that is lent out to borrowers in return for payments at regular intervals. The payments are typically made through cryptocurrencies that are used in day-to-day lives. The amount is deposited and calculated daily, weekly, and monthly. Borrowing and lending in stable cryptocurrencies have become one of the latest and most followed processes. It has done the business of borrowing and lending hassle-free and more accessible. The transactions have become more manageable, Helping users to make use of the various networks. Also, the security of data and information is ensured, making ... Read More

What exactly are Crypto Tokens? The phrase crypto token describes a virtual currency token or the method through which cryptocurrencies are valued. These tokens are exchangeable and marketable assets or services within their blockchains. Crypto tokens are used to gather funds for crowd sales, but they may also be used in place of other products. They are often generated, transferred, traded, and disseminated using the initial coin offering (ICO) procedure. How Do Crypto Tokens Work? Cryptocurrency coins are equal to digital currencies in the same way that money in a bank account is. Even if you own that sum of ... Read More

Although the adoption of blockchain technology is on the rise, tracking the volume of its transactions remains challenging. There is a growing need for cryptocurrency exchanges and banks to prove that they are not being used to finance terrorism, crime, or other unlawful activities now that cryptocurrencies are accessible on the main network. Legislation has been passed in some countries, including Japan, Singapore, and the United States, requiring the origin of cryptocurrency payments. Chainalysis and Elliptic are two companies that have thrived as a result of the need to keep tabs on the market value of cryptocurrencies. albeit they ... Read More

Investing in bitcoin might be a difficult task, especially for first−time buyers. Depending on the context, different words might mean the same thing. Individuals may also make decisions without guidance or research with potentially catastrophic financial consequences. Cryptocurrency investors must decide between using a wallet or an exchange to store their funds. But what, exactly, sets these two apart from one another? The cases are provided below for your perusal. What is Cryptocurrency Wallet? To safely store their bitcoins, investors require a particular piece of software known as a cryptocurrency wallet. In everyday life, depending on preference, one can use ... Read More

The world we all share is full of uncertainty, and these are challenging times. With the stock market's continued decline, many are looking for safe zones elsewhere, and some are turning to Cryptocurrency as an alternative. Though they come close to being useful when discussing cryptocurrencies, the ancient adage holds that all investments include some degree of risk, and crypto is one of the riskier investment alternatives accessible today. But digital currencies like Bitcoin are among the most sought−after items right now. More than four thousand distinct cryptocurrencies will be in use by 2021. In 2017, when Bitcoin's value increased ... Read More

Consensus protocol is one of the most important aspects that makes the Block chain network a fool proof system. It is the revolutionary protocol that makes the Block chain network an irrefutable system where the majority of devices (nodes) connected to the network agree on each and every transaction. This prevents exploitation of the system as more than 51% consensus is required to create a new block. It is the core of the Block Chain which makes it certain that the information stored on the Block Chain is accurate and honest.The very core of the Nakamoto’s Block chain consensus protocol ... Read More

Digital Signature is a mathematical technique which is used to authenticate a digital document. This is equivalent to handwritten signature or a stamped seal and offers far more security and integrity to the message or digital document. It solves the problem of impersonation in digital communications by providing evidence of origin, identity and status of the digital transactions. Many countries like the United States of America consider digital signatures as legal. They even publish public laws, private laws and the Budget with digital signatures.How does a Digital Signature Work?Digital signatures are based on asymmetric cryptography, which means that the information ... Read More

Cryptocurrency is not a traditional currency as well as you cannot even get it through a traditional method; this makes it a completely different asset than the rest. Thus, its legality puts it under the dark clouds of doubt. Thus, the question leaves a number of investors and other crypto lovers into a riddle because bitcoin carries an immense gloomy phenomenon along with it.The status of bitcoin (and related crypto instruments) varies substantially from country to country and yet remains undefined. Moreover, it is changing in many countries. Most countries do not tag the usage of bitcoin as illegal. They ... Read More

Ever since Bitcoin came into existence in 2008, scalability has been one of the important drawbacks. Well, let us understand what is the scalability. Bitcoin is capable of processing around 7 transactions per second, when compared to 24, 000 transactions per second by Visa. Given the magnitude of increase in transactions every day, the system is getting congested for the last few years. One more issue with this is, more time a transaction takes, it uses the more resources and thereby increasing the transaction fees.The Bitcoin’s Lightning Network came up as a solution for this problem. This is being tested ... Read More