Scalable Blockchain Applications – Is Scalability Possible With Blockchains?

The scalability of a blockchain is the maximum number of transactions that can be processed per second. Bitcoin, for example, can handle around seven transactions per second. Ethereum can handle around 15. Compare this to Visa, which can handle 24,000 transactions per second. In this article, let’s understand scalability further and understand the benefits and …

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Introduction to Decentralized Exchanges (DEX) for Crypto

In the world of cryptocurrency, there are two main types of exchanges: centralized and decentralized exchanges. Centralized exchanges are the more traditional type, where users deposit their funds into the exchange and then trade with other users on the platform. Decentralized exchanges, on the other hand, are powered by blockchain technology and allow users to …

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Blockchain in Supply Chain – The What, Why, and How

Blockchain is a distributed database that allows for secure, transparent and tamper-proof record-keeping. This makes it an ideal tool for managing supply chains, as it can provide visibility into the entire process and ensure that all parties involved are held accountable. But how can you use blockchain in the supply chain business? In this article, …

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Introduction to Blockchain-Based Decentralized Social Networks

Decentralized social networks (DSNs) are networks that are based on blockchain technology. They are characterized by their distributed nature and the ability of users to interact with each other without the need for a central authority. Also read: Top Wonderful Blockchain Platforms to Build dApps in 2021 Decentralized social networks powered by blockchain technology are …

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What is Ethereum (ETH)?

Ethereum is a decentralised platform that runs smart contracts, which are applications that run exactly as programmed with no chance of fraud or third-party interference. The Ethereum Virtual Machine (EVM) is a decentralised virtual machine that can execute scripts via an international network of public nodes. Ethereum is unique in that it allows for almost infinite scalability. This means that the number of nodes and the amount of data that can be processed on the network is not limited by the number of people or machines that are currently active. Ethereum can handle more transactions than any other blockchain …

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