Cryptocurrency Archive

What is proof of stake? – proof of stake vs proof of work

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

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

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

The public blockchain on DeFi (Decentralized Finance)

The public blockchain has become an integral part of the decentralized finance (DeFi) movement, revolutionizing the way we think about traditional financial systems. BSEtec mint trade NFT – marketplace represents various forms of digital assets across industries.  The Defi can be inherited along with BSEtec mint trade NFT – marketplace for various industries like, These

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