The question of what blockchain is is very relevant. This technology in the modern world is no longer a young phenomenon, since it is being introduced into almost all major areas of life. It is now used not only in Bitcoin and other cryptocurrencies. Gradually,…
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Disadvantages of cryptocurrency. What don't we get talked about enough?
The innovative blockchain technology is very “raw,” which is manifested in the disadvantages of cryptocurrencies and especially clearly in the disadvantages of Bitcoin, the first decentralized coin to gain popularity. Yes, blockchain is rapidly changing our world, but it is not ideal. It is necessary…
Proof of Work algorithm – part 2
We continue to discuss the operation of the PoW algorithm; you can read the details in the first part of the material. And here we will continue. Advantages of the Proof of Work algorithm In honor of the creator of Bitcoin, the PoW algorithm was…
Proof of Work algorithm – what it is, operating principle and features. Part 1.
All users who begin to work with cryptographic currencies encounter a lot of new terms and concepts. Many of them are important for understanding how blockchain systems work. An example of such a significant concept is the Proof of Work algorithm, or PoW for short…
Краткий обзор криптовалют. Часть 1
Dear users. We are launching a news section of our exchanger with useful information for you. Let’s start with the standard and basics – the names and descriptions of the most popular cryptocurrencies at the moment – summer 2022. In addition to high-quality cryptocurrency exchange,…