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 Bitcoin ecosystem has taken a fascinating turn thanks to new protocols that make it possible to create custom tokens and even NFTs that function on the Bitcoin network. On the front end, Ordinals quickly gained popularity and Bitcoin NFTs…
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…
