Blockchain-as-a-Service 101

Blockchain technology is actively developing, but most companies that want to use it face many obstacles: the technology is new, relatively unknown, and its implementation entails organizational risks. However, the main problem lies in the practical plane — there are not so many professional blockchain experts, but they are expensive.

Nevertheless, the interest in implementing the blockchain and the real difficulties of this process has led some companies to start offering Blockchain-as-a-Service (BaaS) to a business that prefers to outsource the development of blockchain solutions.

Hardware Cryptocurrency Wallets: Advantages And Disadvantages

How Bitcoin Works

Due to the frequent questions about the inability to send payments “although there are assets on the balance”, we decided to describe the principle of operation of the Bitcoin network (and similar Litecoin, Dash, Dogecoin, etc.) in a clear way. Even if you already have an idea of “how it works”, we strongly recommend you to read this article and to “refresh” your knowledge. Perhaps you will learn something new for yourself or “sort out” what you have already known.

Private Vs Public Nodes

Private Vs Public Nodes

A node is any computer that connects to the Bitcoin network and uses the p2p protocol, which allows nodes to communicate with each other on the web and disseminate information about transactions and blocks. These nodes, between which information is distributed, comprise a blockchain network. We have prepared for you the explanation of the main perks and differences of Private and Public Nodes for you to benefit the most!