It goes without saying that slow transactions and high fees make blockchain unsuitable for microtransactions, and interfere a wide adoption. The cost of transactions can exceed several dollars. It is unlikely that it would suit you when you want to…
According to market research estimates, blockchain technology will witness astounding growth in its market size in the next five years. Between 2020 and 2025, the global blockchain market size is expected to grow at a rate of 67.3% CAGR to reach US$39.7…
The Komodo platform, aimed at bringing new standards in cryptocurrency security and anonymity protocols, was founded in September 2016. Headquartered in San Gwann, Malta, the Komodo platform leverages the Zcash Zero-Knowledge proofs to help its users make 100% untraceable transactions.…
Transactions on blockchain protocols and cryptocurrency exchanges are always vulnerable to hacks and attacks. Since 2011, several incidents of cyber attacks have repeatedly shaken up the world of cryptocurrency. Exchanges were shut down; hundreds of thousands of dollars were lost.…
A smart contract requires real-world data for execution. So, how does it get real-world data? It leverages decentralized oracle networks to provide data from outside the blockchain. ChainLink provides the decentralized Oracle network required for feeding real-world data to the…
There are two types of crypto exchanges, and these are centralized and decentralized exchanges. Currently, centralized exchanges maintain a significant dominance in the crypto exchange market. Yet, one cannot ignore the growth of decentralized exchanges, popularly known as DEX. In…
Before we dive deep into the topic of decentralized stablecoins, Let’s do a quick recap about stablecoins. So, what exactly is a stablecoin? It is a type of cryptocurrency. But the value of stablecoin is pegged to a fiat sometime…
Yield Farming is the talk of the town in the crypto world for some time now. Did the term “Yield Farming” piqued your interest? No worries if you haven’t heard about it. We will explain everything that is to explain…
Polkadot.network was established in 2016 by its founders Gavin Wood and Peter Czaban. It is an open-source project funded by the Web3 Foundation. Web3 Foundation funds research and development projects that intend to build the foundation of the decentralized web.…