Blockchain is a decentralized, digital ledger technology that enables secure, transparent and tamper-proof transactions. It uses a chain of blocks that hold batches of valid transactions, and every block contains a cryptographic hash of the previous block, a timestamp, and transaction data. This allows for the creation of a permanent and unchangeable record of transactions across a distributed network of computers, without the need for a central authority. Blockchains use consensus mechanisms, such as proof-of-work or proof-of-stake, to ensure integrity and security of the network. This technology is mainly used for cryptocurrency but it has various other potential use cases such as supply chain management, voting systems, digital identity and many more. There are different types of blockchain like public, private and consortium blockchain, with their own unique characteristics and use cases.

November 28, 2012: Bitcoin’s First Halving Event

On November 28, 2012, an event of unprecedented significance occurred in the world of cryptocurrency: the first Bitcoin halving. It was on this day that the reward per block for mining Bitcoin was reduced from 50 to 25 Bitcoins.

The Most Successful Blockchains

There are many blockchains, but which ones are the most successful? There are many different blockchain networks, and the specific ones that are most widely adopted can vary depending on the criteria used to measure their adoption. However, some of the most widely adopted blockchain networks are: Bitcoin (BTC) Known as the first cryptocurrency, Bitcoin […]

20 Pivotal Events in Cryptocurrency History

Cryptocurrencies have changed the way we see and use money. From Bitcoin’s first steps to the influence of social media on crypto prices, a lot has happened over the years. Here’s a list of 20 major moments in the crypto world.

Is There Only one Blockchain?

There are already at least 1,000 blockchains and 4 types of blockchain networks (public, private, hybrid and consortia). Although the main goal of blockchain is to facilitate a single data transfer, there are several platforms available in the field.