Avalanche, like Ethereum, is a layer 1 blockchain network that provides a platform for the tokenization of digital assets and smart contracts. This blockchain network is compatible with many other blockchains. In the Avalanche network transactions are processed within seconds and they provide a high safety threshold. Understanding Avalanche Avalanche, a platform for decentralized financial […]
Prices of Low-Cap Altcoin Rose by 372% i...
In the last week, a low-cap altcoin skyrocketed by 372%, after receiving support from the crypto exchange, Coinbase. PolySwarm (NCT), which is a threat detection, and anti-malware project was listed by Coinbase along with other three altcoins, Inverse Finance (INV), Liquidity (LQTY), and Propy (PRO). NCT is used by PolySwarm, as an incentive to reward […]
Pros Cons of SideChains
SideChains are Blockchains that are an extension of the main chain or the parent chain. To develop a sidechain an off-chain process must be introduced that will broadcast the data between both the blockchains. Through this, the data can be synchronized or transfer of assets can be carried out. For data synchronization, information must be […]
Spot Market of Crypto Started to Being A...
The market of Bitcoin and Ethereum followed the Bearish sentiment of the equities market, as the week started. Bitcoin prices fell below $40,000 and Ethereum prices fell below $3,000. Singapore-based crypto fund wrote in its telegram post that the markets were able to bounce because of the number of strikes that occurred for both Bitcoin […]
Understanding Sidechain
With the growth in blockchain technology, tasks, like maintaining records and transactions, have become more reliable. Through this technology, an individual can store tamperproof data anywhere in the world. It will operate as a database that will be unchallengeable and could be referred to in case of any dispute related to authenticating transactions, verifying ownership, […]
Future of Bitcoin, Ethereum, and XRP
As per the predictions made by a crypto analyst, Michael Van de Poppe, if Bitcoin can hold at a $42,000 support level, then it will soon witness a green pasture, meaning there will be a significant rise in its prices. Poppe suggests that on reaching $43k the prices will jump to $46k for BTC. At […]