blockchaindevelopmentcompany Archives | Page 5 of 7

What are Blockchain Forks? What are the types of forks?

February 7, 2023September 17, 2024BSEtecComment(0)

Like all software and operating systems, blockchains require regular updates. The updates increase functionality, fix security concerns, and settle a dispute among the community about the future course of the coin. Read further to understand what a blockchain fork is...

The 4 Cs of NFT Marketing

February 6, 2023BSEtecComment(0)

Blockchain Technology

There is no argument whether the NFTs are revolutionary or ripoff! Undoubtedly the NFT format has given rise to the emergence of a new creative scene. The way today’s brands are using NFTs for marketing purposes can be grouped into four...

Objectives of Blockchain Consensus Mechanism

February 1, 2023April 20, 2023BSEtecComment(0)

Uncategorized

The blockchain consensus protocol in a blockchain platform has several objectives, including reaching an agreement, collaboration, cooperation, equal rights for all nodes, and mandatory participation of all nodes in the consensus process. As a result, a consensus algorithm seeks to...

What Are Smart Contracts on the Blockchain?

January 30, 2023April 26, 2023BSEtecComment(0)

Blockchain

We have talked about digital cash in the early days and here we are slowly the digital assets like bitcoins, ether and other cryptocurrencies are slowly becoming mainstream digital cash! Similarly, smart contracts are the digital versions of traditional contracts!...

What is Blockchain Consensus Algorithm?

January 25, 2023April 26, 2023BSEtecComment(0)

Blockchain

The main benefit of blockchain technology, as we are all aware, is that it is decentralized. Usually, in a centralized space, authority is in charge of setting the regulations. But how do they come to a consensus in a decentralized...

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