There are different types of blockchain wallets available on the market, for example, hardware wallets. These are devices such as USB pens that store private keys for a user. Furthermore, there are also software wallets such as desktop, online and mobile applications that store private keys for all transactions made. What is a blockchain wallet
In 2008, a whitepaper called "Bitcoin: A Peer-to-Peer Electronic Cash System" was published under the pseudonym "Satoshi Nakamoto," laying the foundation for Bitcoin as we know it today. Nakamoto himself worked on the development of Bitcoin for two more years after the publication of his whitepaper, mining around one million Bitcoins in the first year
DApps, like Smart Contracts, are an interface that connects a user to the provider's service over a peer-to-peer network. Unlike smart contracts, DApps do not require a fixed number of parties to be involved in this relationship. DApps have no limits on simultaneous participants. They can have basically any purpose imaginable and are not purely
Without a doubt, Ripple (XRP) is one of the most exciting projects from the crypto world and has been bravely holding its own in the top 10 of the largest cryptocurrencies by market capitalization for years now. Ripple is only slightly comparable to classic payment networks, such as Bitcoin or Ethereum. This is because Ripple
The blockchain is a list of records that are linked together using cryptographic methods. In the case of Bitcoin, for example, it is a database of financial transactions that are not stored solely in one place, but on a large number of computers in several different locations. Whenever new transactions or blocks are added to
The total number of all Bitcoins that can ever be mined is exactly 21 million BTC. Right from the start, the supply of Bitcoin was made scarce in order to prevent Bitcoin from being issued in an inflationary manner. Currently, however, more than 90 percent of all possible Bitcoins have already been mined, in figures
Smart contracts are contracts that fulfill themselves without human involvement. But what exactly do they mean? Smart contracts that are implemented correctly contain the same information as conventional contracts. However, they differ in that they are written directly into program code and stored on a blockchain. Smart contracts offer solutions in many cases, but so
Supporters of Cardano are convinced that Cardano is one of the most stable networks in the crypto industry. This is because ADA's blockchain has now been running for 1,760 days without any outages. However, it should also not be ignored that this year, by means of two updates, the capacity of the blockchain was increased
After the clear statement of the Minecraft makers last week on the subject of NFTs in their game, those responsible at NFT World want to develop their own game. In essence, the game is supposed to deliver the mechanics of Minecraft, but the game is not supposed to be a clone - or just so
Few communities polarize as much as the gaming scene when it comes to NFTs. In addition to blockchain games like Decentraland or The Sandbox, more and more traditional game developers are venturing into the crypto gaming scene. Together with the blockchain project Enjin, Square Enix wants to launch corresponding NFTs on the market on the
