This is most likely the most evident. Contracts, for the most part, if not all, are legally binding. Smart legal contracts are contracts that contain stringent legal consequences if the parties engaged in the contract fail to meet the aim of their...

Nodes are the backbone of decentralised blockchain networks, ensuring security, transparency, and resistance to censorship. Each node stores a copy of the blockchain and validates transactions according to the network’s consensus rules, preventing...

Trading cryptocurrencies is growing more popular as investors gain confidence in blockchain technology and exchanges that facilitate online crypto trading. Additionally, security advancements to digital wallets continue to develop, giving traders...

A Merkle root, named after its inventor Ralph Merkle, is a cryptographic technique used in data structures, particularly in blockchain technology. It plays a pivotal role in ensuring the integrity and security of data within a blockchain, most...

Bitcoin is increasingly being used as a store of value, similar to gold, due to its unique properties. A store of value is an asset that maintains its worth over time without depreciating significantly. Bitcoin fulfils this function primarily through...

Terahash and hashrate are terms commonly used in the field of cryptocurrency mining, particularly in relation to the computational power and efficiency of mining hardware. While they both measure the processing capability of mining equipment, they...

Making Bitcoin accepted worldwide is possible, but it faces several challenges. For global acceptance, Bitcoin needs broader trust, smoother regulation, and improved scalability.

The main difference between a coin and a token lies in their underlying blockchain and functionality. A coin is a digital currency that operates on its native blockchain. Examples include Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). These coins...

Cryptocurrencies are a type of payment that can be used to exchange products and services online. Several firms have developed their own currencies, called tokens, for exchanging tokens for products or services. Think of them as casino chips or...

Sealevel is Solana’s parallel smart contract execution engine, enabling simultaneous processing of thousands of transactions. Unlike Ethereum’s single-threaded model, Sealevel breaks transactions into smaller, non-conflicting tasks and executes...