Blockchain Archive
Artificial intelligence in blockchain technology: How AI impacting blockchain
April 1, 2024
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Artificial intelligence (AI) and blockchain technology are two of the most revolutionary technological advancements of our time. While both have made significant strides in their respective fields, the intersection of AI and blockchain has the potential to completely transform the way we conduct business, manage data, and interact with technology. Let’s see how it creates
What is proof of stake? – proof of stake vs proof of work
March 28, 2024
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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
Important things to know before investing in cryptocurrency – advantage and disadvantage
March 27, 2024
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A sum of savings turns into big investments and now in recent days, many companies call upon the term “Cryptocurrency” which has become a popular investment option in recent years. However, before diving into the world of digital currency, it’s important to understand the advantages and disadvantages of investing in cryptocurrency. What is Cryptocurrency? The
Cryptocurrency in banking industry – Impact of cryptocurrency in traditional banking
March 25, 2024
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The rise of cryptocurrency has had a significant impact on the traditional banking industry. Over 425 million cryptocurrency users worldwide invest and utilize cryptocurrencies such as Bitcoin, Ethereum, and Ripple which have gained popularity as a decentralized and secure form of digital currency. As a result, many banks are now exploring ways to integrate cryptocurrencies
Ethereum 2.0 – Transition to Proof of Stack (PoS)
March 22, 2024
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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,