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Hard Fork vs. Soft Fork

Hard Fork vs. Soft Fork

If you are well a cryptocurrency enthusiast, you have probably come across the terms hard fork vs. soft fork. Blockchains, which is the technology that underlies cryptocurrencies, are distributed ledgers comprising of ever-growing blocks of data to form a chain of blocks. Since cryptocurrencies are mostly decentralized, participants must agree of a set of rules […]
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Blockchain’s Scaling Problem, Explained

Blockchain’s Scaling Problem, Explained

Ever since the world’s first cryptocurrency was launched,the excitement around the blockchain technology has been building up. In years gone by, the idea of decentralized virtual currencies looked far-fetched. In recent years, however, more people are waking up to the fact that cryptocurrency is headed towards mainstream adoption. Despite its incredible growth, the main issue […]
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Why Use a Blockchain?

There is no doubt that we are living in a digital world and blockchain technology is among the world’s leading platforms for digital assets. The blockchain platform is increasingly becoming essential in the modern world, but the big question is; why use a blockchain? As this technology becomes more popular, a lot of money is […]
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What Are the Applications and Use Cases of Blockchains?

What Are the Applications and Use Cases of Blockchains? Since its inception, blockchain technology has rapidly outgrown its original ambitions and goals. However, there is also a lot of hype that still surrounds this new kid on the block. And one of the biggest questions being asked out there is; what are the applications and […]
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What Is the Difference Between Public and Permissioned Blockchains?

Over the years, we have witnessed the term “blockchain” evolve from something that was unknown into one of the hottest topics on the block.The concept of blockchain has been made more famous with the inception of bitcoin.  While Bitcoin serves as a perfect example of a public blockchain, there is another type of blockchain known […]
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What Is the Difference Between a Blockchain and a Database?

We can all agree that blockchain technology has become part of our everyday lives. Despite being at its infancy stage, the technology has already given rise to some significant developments. Two terms that are synonymous with blockchain technology are; blockchain and database. There is so much confusion surrounding these two terms, and some people tend […]
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What are Blockchain’s Issues and Limitations?

Blockchain is an innovative and beneficial technology that has shown some remarkable uses so far. However, just like any other technological revolution, it went viral before we could taste some of its failures and shortcomings. While it may be easy to sit down and write all the good things about blockchain technology, the reality is […]
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How Could Blockchain Technology Change Finance

How could blockchain change finance? This question has been asked a countless number of times in various forums across the world.  The primary motive behind the invention of blockchain was to help in eliminating intermediaries in all financial transactions. In simple terms, whenever a transaction occurs in the blockchain, the data created is stored in […]
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What Is a Distributed Ledger?

Ledgers, the primary foundation of accounting, are as ancient as writing. They have been generated on various mediums over time starting from clay, stone, papyrus, to paper. However, the invention of blockchain technology led to the introduction of distributed digital ledgers. Are you asking yourself; what is a distributed ledger? Read on to find out. […]
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What Can a Blockchain Do?

Are you wondering what can a blockchain do for you or your business? Most probably, you have heard of blockchain technology. However, you may still be asking yourself the question; what can a blockchain do?  Well, the truth of the matter is that blockchain can help individuals to accomplish a wide range of tasks. Blockchain […]
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