Smart contracts, a groundbreaking application of blockchain technology, have been evolving rapidly since their inception, Nearly there are more than 44 million smart contracts deployed on Ethereum Smart contracts have come a long way and are poised to undergo significant changes by 2024. We will explore the evolution of smart contracts and speculate on what […]
Cryptocurrency trading has become increasingly popular in recent years. As of 2023, global crypto ownership rates are at an average of 4.2%, with over 420 million crypto users worldwide looking to capitalize on the potential for high returns. However, it can also be a complex and risky endeavor, especially for beginners. Shall put together and […]
Non-fungible tokens, or NFTs are making headlines in the world of digital art and collectibles. These unique digital assets have taken the art world by storm, offering a new way for artists to monetize their work and for collectors to own one-of-a-kind pieces. Navigating the world of NFTs can be overwhelming, but with the right […]
We all know blockchain has its standards in each industry. It has two prominent consensus mechanisms Proof of Work (PoW) and Proof of Stake (PoS). We shall delve into the intricacies of Proof of Stake and compare it with Proof of Work, using real-time examples to illustrate their differences and advantages. Understanding Proof of Stake […]
Ethereum, the second-largest cryptocurrency by market capitalization also ethereum is being used in varied applications like NFT marketplace script – minttrade where about 1.3% of the world’s population owns bitcoin, illustrates this in the process of transitioning from its current proof of work (PoW) consensus mechanism to a proof of stake (PoS) mechanism. This transition, […]