Technology Intermediate

(Updated 11. September 2022)Over the last few years, there has been a lot of debate in the crypto space regarding proof of stake vs traditional mining. Many new blockchains use this consensus mechanism and some major chains like Ethereum are transitioning from proof of work to proof of stake. But as miners usually rely on […]

(Updated 13. September 2022)There’s a lot of hype around token burns in the cryptocurrency market, and with good reason. When tokens are burned, the remaining tokens usually go up in value, due to increased scarcity. This leads to the question: Does Vechain burn tokens? Yes, Vechain burns 70% of the transaction costs, which is paid

In the myriad of existing and emerging blockchains, where each of themachieve consensus in some way, it may seem too laborious and uninteresting to investigate the way consensus is actually achieved. Furthermore, we almost take for granted that the consensus is reached in a completely decentralized fashion. The reason being that the aspect of decentralization

A light-bulb flashed over my head the first time I really understood the effects of the Bitcoin halving on the price of Bitcoin. Knowing what the Bitcoin halving is and how it affects the price is essential for anyone seeking to understand Bitcoin. The short answer:The Bitcoin halving causes a shift in the supply/demand balance,

The Bitcoin revolution will take place when Bitcoin overthrows the U. S. Dollar as the world reserve currency. When central banks hold Bitcoin, and issue currency backed in it. When commodities like oil as priced in Bitcoin, and international transactions are settled in Bitcoin. Before we discuss Bitcoin overtaking the dollars place as the world