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Blockchain

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Elrond Network is a blockchain platform that provides extremely high network speed. The speed of Elrond is 10,000 transactions per second. It allows programmers to use the WASM VM engine to develop both enterprise and commercial decentralized applications. It will handle all the stresses of modern applications and allows the masses to access the digital economy by its extremely fast and scalable nature. To know about the components and key features of the Elrond network,…

A smart contract is a set of computer code between two or more members that run on the top of the blockchain. It constitutes a set of rules that involves the two parties. If the predefined rules are met, the smart contract executes itself to produce the output. This article helps you to know more about this automatically executable line of codes and how it is executed. Read on till the end to dig out…

Decentralized finance (DeFi) is an open finance movement that makes the cryptocurrency’s payment universally accessible. But many of us are not aware of this decentralized finance system. It is an open-source and transparent financial service suitable for everyone and without any central authority. In this article lets discuss DeFi: an open finance movement.  Decentralized Finance(DeFi)- An Open Finance Movement! Decentralized finance is a system that comprises several financial applications that are developed on the top…

Zilliqa is termed as a third-generation cryptocurrency. It was developed in 2017 by a group of scientists consists of Prateek Saxena from the University of California and Xinshu Dong and Amrit Kumar from the University of Singapore. Zilliqa is self-defined as a “next-gen, high throughput platform”. What Is Zilliqa? The main advantage of Zilliqa over the first and second-generation cryptocurrencies is its factor of Scalability. Scalability refers to the ability of a cryptocurrency to deal…

EOS is a powerful platform and infrastructure that supports the core functionalities of blockchain-based decentralized applications. If you are searching for a full form for EOS, then pause your searches. There is no full form for EOS as the creators have decided to not define it. While considering market capital, EOS is the world’s seventh-largest blockchain with value topping $3 billion. We will explain more about the same below. Read on till the end. An…

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