Blockchain technology is, in fact, a group of different technologies that can be used together in different ways to create different end results or applications. While the details will vary between Blockchain protocols, the core of the technology is …
Category: Blockchain guides
Blockchain: Everything You Need to Know
A Blockchain is a type of diary or spreadsheet containing information about transactions. Each transaction generates a hash. If a transaction is approved by a majority of the nodes then it is written into a block. Each block refers to the previous b…
How do I create a Smart Swap? – WeSwap Customer Support
In this case, we can’t lock User’s A’s BTCs on the Smart Swap contract because Bitcoin and Ethereum are two different blockchain nets, so we use a signed Bitcoin transaction and a third-party secure wallet service instead. Despite the obvious opportu…
What’s the difference between a private and public blockchain?
But, in the case of permissioned blockchains, this might not hold true. The security of a permissioned network is as good as the member’s integrity. This means that a small section of a permissioned system can work together to modify the data stored …
5 Ways Blockchain Technology Is Changing The World
At the time of writing, the largest country to ban Bitcoin is Pakistan, and the largest country to prohibit wide categories of cryptocurrency use is China. Because of their decentralized nature, blockchain systems are potentially vulnerable to a numb…
Why Use Blockchain Technology?
What many people confuse with Bitcoin or Ethereum being hacked is actually cryptocurrency exchanges or online wallets being hacked. There is the additional complication that it is possible to register a Bitcoin address that has no links to the holder…
25 Blockchain Applications & Use Cases You Should Know
The process of understanding and accessing the flow of crypto has been an issue for many cryptocurrencies, crypto-exchanges and banks. The reason for this is accusations of blockchain enabled cryptocurrencies enabling illicit dark market trade of dru…
Bitcoin scalability problem
Blockchain technology is, in fact, a group of different technologies that can be used together in different ways to create different end results or applications. While the details will vary between Blockchain protocols, the core of the technology is …
Blockchain For Dummies
Even Facebook has promised to begin moving Libra toward a truly decentralized model within the next five years, pending technological breakthroughs. In June, Facebook announced Libra, a new blockchain that will support a digital currency. Unlike the …