What Are Crypto Validators and How do They Work?

Crypto Validators are new "payment processors" in decentralized networks, and as such, they produce blockchain rewards. It sounds simple, doesn’t it? However, the definition of validators in crypto is much more complex than that. Also, the role of a validator may change depending on the consensus mechanism that each blockchain uses. In this guide to validators in blockchain, we take a closer look at this entity and its indispensable role. Furthermore, we analyze four validator use cases in different blockchains…

Historical Hardfork Events Every Crypto Enthusiasts Should Know About

Blockchains have been gaining attention since the history of crypto. The highly advanced systems help decentralize and streamline financial systems globally. As the blockchain systems grow, investors start noticing issues and propose an upgrade. However, for any upgrade to occur, blockchain requires the consensus of all participants. If there is no consensus, two factions with opposite ideas may form. The developers may choose to go ahead with the upgrade but maintain the status quo in the original chain. At that point,…

Future Crypto Events that we Should Look Forward to

The crypto world is growing at an interesting rate, with new projects coming up every other month as solutions to the financial world. For that, people around the world hold annual events to celebrate crypto progress while at the same time discussing the future. Top industry experts and project developers often organize these events inviting reputable people in the fintech industry to offer ideas and opinions on several topics about cryptocurrencies. Some of the events occur annually, while others are…

Understanding Cardano’s Non-Interactive Proofs of Proof-of-Work

Cardano, the fifth-largest cryptocurrency by market cap and soon to be the second-largest Dapp center, is one of the unique blockchain technologies of 2021. In addition, Cardano has a native coin named Ada, performing very well in the crypto markets.  However, Cardano as a network adopted a sidechain system, where the network runs two blockchains. The original blockchain, the Cardano settlement layer(CSL), deals specifically with powering the Ada currency and other settlements done with Ada. It leverages POS to release…

Understanding How ADA Delegation Rewards are Calculated

Founded by Charles Hoskinson, Cardano is a blockchain platform seeking a decentralized application (DApp) development platform. The Cardano platform runs on the Ouroboros consensus protocol. In addition, it leverages the Delegated Proof-of-Stake (DPoS) consensus mechanism meaning that users can delegate their ADA to other pools to be staked and earn rewards.  The two primary ways ADA coin holders can invest and earn rewards on the Cardano blockchain include; running their own stake and delegating their ADA to a staking pool.…

5 Unique Features of Proof-of-Stake Crypto Projects

Ironically, decentralization, one of crypto assets' vital features, is a potential Achilles heel too. Eliminating third parties from transactions enables peer-to-peer exchanges. However, the absence of a third party also creates loopholes for double-spending by mischievous parties. It's for this reason that networks agree on specific consensus mechanisms. They are the rules and procedures that all devices in a network follow in confirming that certain blockchain transactions are correct. They also help in protecting the network against malicious activities, thereby…

Understanding the Crypto Reset Time

Humanity hangs in the balance as the deadly Coronavirus affects various sectors, including healthcare, manufacturing, finance, and many more. Since the beginning of the outbreak, governments and citizens have had to adopt a new lifestyle that involves quarantine and social distancing practices.  To offset the current pandemic situation, global stakeholders at the World Economic Forum came up with a radical solution known as the Great Reset, which aims to change the global economy. The meeting, which took place in June…

Common BTC Price Chart Patterns Every Day Trader Should Know About

For several years now, market patterns have been used by expert crypto investors to maximize incomes. They do this by knowing the right time to enter the market. Crypto investors have also been beneficiaries of market chart patterns, with some identifying a position of great prospect and investing.  Being the most popular asset with the highest volatility rate, Bitcoin has shown many different market patterns that can help investors maximize incomes. So what are the most common patterns in the…

How to Minimize Risks When Trading Digital Assets

The cryptocurrency revolution is moving full-steam ahead with increasingly global acceptance. For instance, India has seen its residents invest over $6.6 billion in crypto assets in May 2021. That figure is even more impressive when we discover that it grew from nearly $923 million in April 2020. Today, trading in digital assets is no longer available only for a handful of geeky investors worldwide. Instead, many see the rise of DeFi and the increasing popularity of cryptocurrencies as a unique…

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