Search our executive blockchain insights and services.
…Unlike other blockchain solutions, Tendermint is able to tolerate Byzantine faults and offers a more efficient consensus algorithm compared to traditional cryptocurrencies like Bitcoin and Ethereum. Its modular architecture promotes composability, allowing different components, protocols, and applications to seamlessly interact and integrate with each other, which helps encourage collaboration and innovation within the ecosystem.Key TakeawayTendermint is a blockchain protocol used to replicate …
Learn More
…The most popular consensus mechanisms are Proof of Work (PoW) and Proof of Stake (PoS).For more on the differences between the PoW and PoS consensus mechanisms, see our University article Proof of Work vs Proof of Stake.Key TakeawayConsensus is how a blockchain achieves agreement in a decentralised peer-to-peer (P2P) network.Related WordsSolana Program LibraryThe Solana Program Library (SPL) is a collection of ready-to-use, open-source components for building decentralised applications (dapps) o…
Learn More
…Many other blockchains, such as Avalanche, Cardano, and Solana, are all currently using some form of PoS.Learn more about Ethereum staking.Key TakeawayStaking is the process of providing funds to a blockchain network in return for interest.Related WordsSolana Program LibraryThe Solana Program Library (SPL) is a collection of ready-to-use, open-source components for building decentralised applications (dapps) on the Solana blockchain.HODLerA ‘HODLer’ is someone who holds onto their digital as…
Learn More
…In most cases, these audio files are deciphered using high-resolution spectroscopy (HRS).Learn more about crypto wallets.Key TakeawayA cold wallet is an offline wallet used to store cryptocurrencies.Related WordsSolana Program LibraryThe Solana Program Library (SPL) is a collection of ready-to-use, open-source components for building decentralised applications (dapps) on the Solana blockchain.HODLerA ‘HODLer’ is someone who holds onto their digital assets long term, regardless of market vola…
Learn More
…The ZK proof can also be used for privacy-focused cryptocurrencies like Zcash, which uses a variation of ZK proof known as the Zero-Knowledge Succinct Non-Interactive Argument of Knowledge (ZK-SNARK).Key TakeawayA Zero-Knowledge (ZK) proof is a system that allows a party to prove their possession of certain information without revealing the information itself.Related WordsSolana Program LibraryThe Solana Program Library (SPL) is a collection of ready-to-use, open-source components for building d…
Learn More
…Additionally, Web2 offers interoperability across different services, improved user interface and user experience from Web1, seamless communication, and proliferation of companies that provide services in exchange for personal data.Applications include social media like Instagram, YouTube, and Meta (Facebook); blogging; voting, tagging; social bookmarking; and podcasting.Key TakeawayWeb2 is the second version of the World Wide Web (WWW) — the current version of the internet — characterised b…
Learn More
…One notable exception is Ethereum 2.0, which has been exploring the integration of VDFs as part of its Casper PoS consensus mechanism.Key TakeawayA Verifiable Delay Function (VDF) is a mathematical puzzle that requires a certain amount of time and computational effort to solve; once solved, its correctness can be efficiently verified by anyone.Related WordsSolana Program LibraryThe Solana Program Library (SPL) is a collection of ready-to-use, open-source components for building decentralised app…
Learn More
…However, there are also ambitious developers creating new projects that aim to find the perfect balance and solve the trilemma. Key TakeawayThe blockchain trilemma refers to a common problem that all networks currently face, where they can only optimally provide two out of the following three benefits: decentralisation, scalability, and security.Related WordsSolana Program LibraryThe Solana Program Library (SPL) is a collection of ready-to-use, open-source components for building decentralised …
Learn More
…This helps traders manage their trades more effectively and plan for both potential profit-taking and limiting potential losses.Key TakeawayOCO (one-cancels-the-other) orders allow traders to set two orders simultaneously (often a limit order and a stop order), with the idea that if one of the orders gets executed, the other order is automatically canceled.Related WordsSolana Program LibraryThe Solana Program Library (SPL) is a collection of ready-to-use, open-source components for building dece…
Learn More
…These contracts represent an agreement to buy or sell Bitcoin at a predetermined price on a future date.Key TakeawayBitcoin exchange-traded funds (ETFs) track the value of Bitcoin, providing traders with an opportunity to gain exposure to Bitcoin through traditional stock market exchanges.Related WordsSolana Program LibraryThe Solana Program Library (SPL) is a collection of ready-to-use, open-source components for building decentralised applications (dapps) on the Solana blockchain.HODLerA ‘HO…
Learn More