Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,09 trillion. Bitcoin is up by over 2% to reach around $27,200. Ethereum increased by nearly 6% to close to $1,700. XRP gained almost 2% in value during a highly volatile week. Almost all altcoins are trading in the green, with virtually no exceptions. The DeFi sector maintains the total value of protocols (TVL)…
Off-chain
Understanding On-Chain and Off-Chain Blockchain Transactions
To ensure thorough comprehension, here are some cryptocurrency terminologies and what they mean as used in this guide: Node (blockchain node): Computers connected to the network that store a full copy of the ledger and process transactions, i.e., miners Wallet: a software or hardware + software container for keeping, sending, and receiving cryptocurrency. Protocol: a set of rules that govern how nodes or computers in a system communicate with one another. Ledger: Decentralized database or record of transactions. Used interchangeably…
3 years ago 2.5 k views