Search our executive blockchain insights and services.
…On-Chain vs Off-Chain Cryptocurrency Transactions: What Is the Difference? Learn the differences between on-chain and off-chain cryptocurrency transactions and how they work on the blockchain. On-Chain vs Off-Chain Cryptocurrency Transactions: What Is the Difference?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBlockchain5 Jan 2024|INTERMEDIATE|5 MIN READOn-Chain vs Off-Chain Cryptocurrency Transactions: What Is the Difference?Learn the differences between on-chain and off-c…
Learn More
…In terms of security, cryptocurrency transactions are generally verified through either the Proof of Work (PoW) or Proof of Stake (PoS) consensus mechanisms, where miners or validators receive newly created cryptocurrency as rewards. The first cryptocurrency, Bitcoin, was created in 2009 by a pseudonymous figure named Satoshi Nakamoto. Following Bitcoin’s success, developers have used the concepts that power its network and created numerous variants of cryptocurrencies. This group of cryptocu…
Learn More
Transaction Volume A succinct definition of Transaction Volume Transaction VolumeLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYTRANSACTION VOLUMECopy linkShare on TwitterShare on FacebookShare on LinkedinTransaction VolumeTransaction volume represents the total number of transactions of a cryptocurrency traded within a specified time period. High transaction volume often indicates higher liquidity in the market. A more liquid market is generally considered favourable for tradi…
Learn More
…Participating in airdrops can be an easy way to acquire new cryptocurrencies. Learn more about staking and airdrops. Using Cryptocurrencies Transactions Cryptocurrency transactions involve sending assets from one wallet to another. These transactions are recorded on the blockchain and typically require a small fee, which goes to the miners or validators who process and confirm the transaction. How Transactions Work Initiation: The sender initiates a transaction by specifying the recipient’s ad…
Learn More
…Participating in airdrops can be an easy way to acquire new cryptocurrencies. Learn more about staking and airdrops. Using Cryptocurrencies Transactions Cryptocurrency transactions involve sending assets from one wallet to another. These transactions are recorded on the blockchain and typically require a small fee, which goes to the miners or validators who process and confirm the transaction. How Transactions Work Initiation: The sender initiates a transaction by specifying the recipient’s ad…
Learn More
Unspent Transaction Output (UTXO) A succinct definition of Unspent Transaction Output (UTXO) Unspent Transaction Output (UTXO)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYUNSPENT TRANSACTION OUTPUT (UTXO)Copy linkShare on TwitterShare on FacebookShare on LinkedinUnspent Transaction Output (UTXO)‘Unspent transaction output’ (UTXO) represents the remaining balance of digital currency following a cryptocurrency transaction. The term is commonly used in cryptocurrency, partic…
Learn More
…Additionally, following news outlets and regulatory changes gives insight into how prices might be affected. Cryptocurrency transactions and activity will only become more commonplace if the 39% rise in crypto adoption in 2022 is any indicator. With the resources that are now available, the world of cryptocurrency is more accessible than ever. Crypto.com University is a one-stop knowledge-sharing platform for those just getting into cryptocurrency and those who are ready to level up. Due Dilig…
Learn More
…Additionally, following news outlets and regulatory changes gives insight into how prices might be affected. Cryptocurrency transactions and activity will only become more commonplace if the 39% rise in crypto adoption in 2022 is any indicator. With the resources that are now available, the world of cryptocurrency is more accessible than ever. Crypto.com University is a one-stop knowledge-sharing platform for those just getting into cryptocurrency and those who are ready to level up. Due Dilig…
Learn More
Cryptocurrency Wallet A succinct definition of Cryptocurrency Wallet Cryptocurrency WalletLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYCRYPTOCURRENCY WALLETCopy linkShare on TwitterShare on FacebookShare on LinkedinCryptocurrency WalletCryptocurrency wallets are a method to store digital assets, as well as execute transactions through the blockchain. Depending on the provider, some wallets have additional features, such as allowing users to purchase and sell their assets or i…
Learn More
A Deep Dive Into Blockchain Scalability We dive deep into promising blockchain developments that might allow for achieving near-instant cryptocurrency transaction speeds. A Deep Dive Into Blockchain ScalabilityLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBlockchain3 Jan 2020|INTERMEDIATE|12 MIN READA Deep Dive Into Blockchain ScalabilityWe dive deep into promising blockchain developments that might allow for achieving near-instant cryptocurrency transaction speeds. Key Take…
Learn More