In the world of cryptocurrencies, where meme coins can experience massive gains in a short time, quick decision-making and optimized trading strategies are crucial. Our advanced trading bot for the Solana network enables fast and efficient trading of...
Proof-of-Stake (PoS) is a consensus mechanism used in blockchain networks that aims to solve the energy-intensive and costly process of traditional mining. In PoS, nodes (also known as validators) are chosen to create new blocks and validate...
A 51% attack is a specific type of blockchain attack that occurs when a single entity gains majority control (over 50%) of a network’s mining hash rate or staking power, enabling them to manipulate transactions. While a 51% attack can facilitate...
According to David Sag's standard, each ERC-884 token represents a specific share in a Delaware corporation. The standard is intended for equity transactions, and the token's owner must be whitelisted, which is a smart contract feature. To comply...
The primary difference between buying Ethereum on an exchange and through a peer-to-peer (P2P) platform lies in the method of transaction, control over pricing, and level of intermediation. Cryptocurrency exchanges (like Coinbase, Binance, or Kraken)...
Generally, it is necessary to perform a few simple calculations manually in order to calculate your trading profit. When you buy 2 Bitcoins (BTC) at $46,000 and sell them at $50,000, the transaction size is 2 Bitcoins (BTC). In order to calculate...
The maximum total supply of XRP is 100 billion tokens, all of which were pre-mined (created at launch) in 2012. Unlike Bitcoin, which has a gradual mining process, XRP’s entire supply was generated at inception, with no further coins to be...
The process of mining a new block in the Bitcoin network involves solving a complex mathematical problem using specialized hardware. Miners compete with each other to solve the problem, and the first miner to find the solution gets to add a new block...
A public blockchain is a type of blockchain that is open to anyone to participate and view. It is decentralized and maintained by a network of nodes that validate transactions and store a copy of the ledger. Public blockchains, such as Bitcoin and...
Private keys are the cornerstone of cryptocurrency security; losing them means losing access to funds forever. To protect them, follow these best practices: Use hardware wallets like Ledger or Trezor for offline storage, minimising exposure to...