A blockchain is a decentralized, distributed public ledger where transactions are verified and recorded. In technical terms, these two technologies don’t compete; from a functional perspective, they do. This is because cryptocurrencies and blockchains have become more competitive in their…
The first miner to find the solution receives a cryptocurrency reward, thus creating new bitcoins. Upon validation, the data is added to the existing blockchain, and it becomes a permanent record. Bitcoin provides an alternative way to transact that’s transparent…
The team conducted an initial coin offering (ICO) in April 2018, raising approximately $21 million to fund the development and launch of the platform. Every transaction in this marketplace makes use of the OCEAN token as a means of exchange,…
XCurrent was among the first products Ripple Labs developed for the market. This global real-time gross settlement system provides users with some pretty impressive functionality. Then, each server compares its list to the current state of the network and the…
