What is Hedera Hashgraph Consensus & How Does it Work?
Hedera Hashgraph is a new public hashgraph network predicated on an asynchronous Byzantine Fault-Tolerant Algorithm proposed for replicated state machines with guaranteed Byzantine fault-tolerance. The platform itself is governed by Swirlds and a Governing Council of approximately 39 industry leaders....
Inflation vs Deflation: A Guide to Bitcoin & Cryptocurrencies Deflationary Nature
Cryptocurrencies like Bitcoin, that have fixed supplies, are deflationary by the format they create their native tokens in and offer some unique insights into the dynamics of deflation versus inflation. Inflationary, government-issued currencies have dominated the global financial system in...
Looking Ahead to Blockchain Interoperability: Issues & Future Solutions
There are several significant issues facing blockchain technology and cryptocurrency platforms today. Right now, the most pressing issue facing established cryptocurrencies is scalability. However, interoperability of blockchains presents an entirely new structure for the ecosystem. While scalability solutions continue to...
What Is Elliptic Curve Cryptography? Technology Behind Digital Signatures in Cryptocurrencies
Cryptography underpins the digital signature schemes of cryptocurrencies and is the basis for their secure transaction verification between two parties across a decentralized network. There are numerous cryptographic methods used by different cryptocurrencies today, focusing on providing efficient and secure...
What is The Fractional-Reserve Banking System? Complete Beginner’s Guide
The famous excerpt hidden inside the Bitcoin genesis block was taken from The Times, a well-known British publication, and read: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks” The aftermath of the 2008 global financial crisis was...
What Are Token Curated Registries? List Curation Using The “Wisdom of the Crowd”
People love lists. They represent a simple and efficient format for organizing data that is conveniently aligned with our ever decreasing attention spans as we are flooded with information on a daily basis. Traditional lists of higher quality are typically...
Beginner’s Guide to Block Collider: A Novel Approach to a Multi-Chain Platform
Blockchain platforms and distributed networks offer a variety of important and innovative new mechanisms that have enormous potential to disrupt traditional industries and constructs. However, there remains the key problem that many of these platforms exist as distinct “walled gardens”....
What is Social Scalability and How Does It Apply to Cryptocurrencies?
Social scalability is a fascinating concept articulated by Nick Szabo, the BitGold creator and smart contract pioneer, in his blog post “Money, Blockchain, and Social Scalability” as part of his larger Unenumerated blog. The purpose of his essay is to...
What is The Tangle? Complete Guide to IOTA’s Directed Acyclic Graph (DAG)
The Tangle is the moniker used to describe IOTA’s directed acyclic graph (DAG) based transaction settlement and data integrity layer focused on the Internet-of-Things (IoT). The Tangle is essentially a string of individual transactions that are interlinked to each other...
Comparing Bitcoin & Ethereum: UTXO vs Account Based Transaction Models
The two most well-known cryptocurrency platforms, Bitcoin and Ethereum, utilize different transaction models for their platforms, each with their own specific advantages and disadvantages over the other. Understanding how they work from a conceptual perspective is important to further understanding...
