If you are new to DeFi, this article will help you understand the wonders that this growing niche is trying to achieve while working as a sub-component of the blockchain ecosystem. “DeFi is short for “decentralized finance,” an umbrella term for a variety of financial applications in cryptocurrency or blockchain geared toward disrupting financial intermediaries.” … Read more
Blockchain is revolutionary, no doubt. However, the question lies in choosing the type of blockchain that suits your use case. Although the two broad types of blockchain are public and private, however, they have other varieties called: federated and hybrid blockchain. Concurrently, these articles will make reference to public and private Blockchain before sharing in … Read more
Introduction to the coin: Atonomi is a security protocol for the revolutionary technology known as the Internet of Things(IoT). It intends to carry out this task through something known as the root of trust by leveraging either hardware or crypto-certificates. Once the device identity is established it can be transmitted to the blockchain as a … Read more
Did you know that this cryptocurrency can help you save transaction fees on bitcoin? Not only that it can also allow you to create your blockchain on the internet. Stay tuned to if you want to know more about it. Hello everyone and welcome back to Coingyan the place to be for your crypto coins … Read more
Hi, guys, I hope you enjoyed part 1 of this post that was intended to enlighten you about the various cryptocurrency mechanism available in the cryptomarket. Now time to continue where I left off. Let the games begin. Proof of Activity Proof of Activity (POA) was introduced into the market in 2012 as a substitute … Read more
Blockchain is a new technology in the town that has already started to influence the way the global economy works. It is the brain behind modern-day cryptocurrencies that we see today like Bitcoin, Ethereum, Lisk, Neo, Stratis, etc. which are exchanged even beyond international borders for the execution of seamless trade activities. Not just that, … Read more
Introduction to the coin: The Quarkchain Network (QKC Tokens) intends to offer a highly computerized sharding based blockchain architecture accompanied with the desire to meet the global commercial standard. The inspiration for the development of this technology stems from the immense amount of experience possessed by the Quarkchain team for building large-scale distributed systems within the … Read more
With so many blockchain technologies out there nowadays it gets pretty confusing for people to understand fundamentally anything about how these cryptocurrencies work let alone understand the whitepaper of the several cryptocurrencies. Many people after reading a whitepaper are like what? I don’t get it. So in this post, I’ll try my level best to … Read more
A week or so ago I had written a post titled “What is Bitcoin(BTC): A beginner’s guide.” I think that it helped you guys to understand something if not a lot about bitcoin. Alright, moving forward as many if not all of you may be aware that bitcoin is a peer to peer based independent blockchain … Read more
Float like a cadillac and sting like a beemer. Sounds like Lightning right? Lightning Mcqueen. So I assume that made nobody laugh but nevermind. Let us begin this post on Lightning Network. What is Lightning Network The Lightning Network is a “second layer” payment protocol which functions on top of a blockchain platform mostly Bitcoin, … Read more