Archives September 2021

Avalanche is a blockchain ecosystem that aims to become a globally unified asset exchange platform. It allows businesses to easily deploy customizable smart contracts and blockchains for bonds, securities, NFT, P2P lending, and other financial products.

A unique Avalanche consensus is extremely fast, decentralized, scalable, and offers very low gas fees. The platform’s usability and a wide number of use cases have helped it gain strong traction: the AVAX coin has surged from $3.6 to $91.5 during 2021, showing a 25X price increase. The asset has entered the Top 15 cryptocurrencies list on CoinMarketCap. 

Polygon is a rapidly growing scaling solution for Ethereum that allows the network to process more transactions at lower fees. Many Ethereum-based DApps leverage Polygon to let their users move funds more efficiently while same as securely as in Ethereum. 

Building a Polygon-based decentralized application may be a good idea to benefit from the growing popularity of the network. Connecting to Polygon nodes would boost your opportunities, and NOWNodes allows you to save money and time for node setup and maintenance. 

Polkadot is a protocol that aims to make blockchains interoperable in two ways. First, it enables cross-chain swaps between established networks like Bitcoin and Ethereum via bridges, and second, it allows businesses to create customizable blockchains that are interoperable through the main Polkadot chain.

Given the Polkadot blockchain features and dynamic, some even call the platform an “Ethereum killer”. In this article, we will investigate why it was given such a name, and you will learn how you can leverage a Polkadot node and block explorer to profit from its rapid growth.

A block explorer is like a search engine for the blockchain: you can use it to browse the database of transactions in the same way that you use Google to find some information on the Internet. Block explorer allows you to find data on the latest blocks and transactions of any cryptocurrency, see wallet balances, sources and destination of funds, and much more.

The launch of the Bitcoin blockchain opened a new phase in finance. Blockchain technology has rapidly gotten the attention of the people, governments, and even the United Nations. A Blockchain is a decentralized public ledger for the record of immutable transactions. It is immutable because of the mechanism of nodes and flow of blocks on a chain such that an alteration of one block will affect another. As a result of this technology, blockchain has been tipped to solve world problems linked with financial transparency and proper record-keeping in many areas. Digibyte is a blockchain like Bitcoin and Ethereum, which has several functionalities. So let’s access the Ecosystem via Digibyte nodes and block explorers. 

Blockchain technology has been an epoch technology since its rollout in 2008. The functionalities of the blockchain are vast and change the look on finance, making it more transparent and decentralized than traditional finance. However, a blockchain requires many components to be functional before it can work effectively. Let’s try to understand how Blockchain node providers work.