Cryptocurrencies run on a distributed public ledger called blockchain, a record of all transactions updated and held by currency holders.
Decentralized applications (DApps) are evolved blockchain-driven siblings of your everyday apps, with a touch of smart contract magic courtesy of the Ethereum network. To users, they’re practically indistinguishable from their traditional counterparts but come packed with an expanded set of features. Traditional finance systems often…
The fascinating journey of cryptocurrency mining has hit the headlines for some time. A process that involves generating new tokens or coins through the power of computers. Unlike traditional mining for precious metals like gold, this digital endeavour only requires an internet connection, compatible devices,…
Money is powerful when it is used, but not when it is just sitting around. Every day, billions of transactions occur worldwide, and payments are the most regular and tangible use of money. But again, payments are more than just a means of exchanging…
The UK government is constantly working to restore former economic glory in the wake of the digital age. An important factor in this effort is the increased Bitcoin adoption in the UK. Interestingly, Triple-A hinted that close to 750 million individuals would have adopted cryptocurrency by…
Until now, much attention has mainly focused on the environmental impact of cryptocurrencies, a focus shared by many. While this is undeniably crucial, it’s wise to recognize that blockchain technology extends its influence beyond just the ‘E’ in ESG. This post will delve into the…
Over time, blockchain has been a trending topic in the UK. On the other hand, Ethereum, one of the leading cryptocurrencies, has become a darling for investors and tech companies alike. This is evident in the form of numerous diversifications of investment portfolios. What…
What is a UTXO? An unspent transaction output is the residual digital currency after a cryptocurrency transaction. It resembles the change you receive after a purchase but isn’t a smaller denomination of the currency. Instead, it’s a transaction output in the network-generated database, enabling…
In tandem, the UK government has been reviewing how it will regulate cryptocurrencies. Will she take an innovation-friendly approach like other smaller countries? Will she crack down hard on crypto to mitigate risks like money laundering or tax evasion? Let’s dive in! Current State…
GPT-4, OpenAI’s most recent chatbot, can upend the cryptocurrency industry. The Transformer spearheads the system, a deep learning model initially developed by Google’s Brain. GPT-4, the fourth era of chatbots, was prepared on a bigger dataset than the past renditions. This advancement has broad…
The music industry is evolving fast. The rise of streaming services has meant that artists can now reach more people than ever before, but it’s also created lots of problems. The biggest? The revenue generated by streaming is low, and it’s shrinking every year….
Due to the decentralization of cryptocurrencies, bitcoin and Ethereum have really gained popularity. This is due to its secure nature, which supports peer-to-peer architecture, making it possible to transfer funds and other digital assets between two users. Interestingly, all this happens without a central…
Crypto investors have long had to choose between holding their coins or spending them. But the number of crypto credit cards is growing — and in many cases, they’re quite rewarding. The concept of cryptocurrency debit cards isn’t exactly new. They’re a way to…
