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How Do Bitcoin Transactions Work? How does the actual Bitcoin transaction process work in detail? In this article, we explain the process and terms like miner awards, nonces, and UTXOs. How Do Bitcoin Transactions Work?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoins8 Feb 2025|ADVANCED|7 MIN READHow Do Bitcoin Transactions Work?How does the actual Bitcoin transaction process work in detail? In this article, we explain the process and terms like miner awards, nonces, an…
Learn MoreHow Do Bitcoin Transactions Work? How does the actual Bitcoin transaction process work in detail? In this article, we explain the process and terms like miner awards, nonces, and UTXOs. How Do Bitcoin Transactions Work?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoins8 Feb 2025|ADVANCED|7 MIN READHow Do Bitcoin Transactions Work?How does the actual Bitcoin transaction process work in detail? In this article, we explain the process and terms like miner awards, nonces, an…
Learn MoreHow Do Bitcoin Transactions Work? How does the actual Bitcoin transaction process work in detail? In this article, we explain the process and terms like miner awards, nonces, and UTXOs. How Do Bitcoin Transactions Work?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoins8 Feb 2025|ADVANCED|7 MIN READHow Do Bitcoin Transactions Work?How does the actual Bitcoin transaction process work in detail? In this article, we explain the process and terms like miner awards, nonces, an…
Learn MoreSharding A succinct definition of Sharding ShardingLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYSHARDINGCopy linkShare on TwitterShare on FacebookShare on LinkedinShardingSharding is a database partitioning technique to improve a network’s scalability and enable more transactions per second (tps). It involves splitting a blockchain into multiple ‘shards’ and storing them across a number of databases. Each shard consists of its own data and is independent of other shards…
Decentralisation A succinct definition of Decentralisation DecentralisationLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYDECENTRALISATIONCopy linkShare on TwitterShare on FacebookShare on LinkedinDecentralisationOne of the main pillars of cryptocurrency, decentralisation refers to multiple entities that conduct decision-making processes without a central point of authority. As such, decentralised systems do not have a single point of failure since they do not act with one cent…
Learn MoreDecentralised Applications (Dapps) A succinct definition of Decentralised Applications (Dapps) Decentralised Applications (Dapps)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYDECENTRALISED APPLICATIONS (DAPPS)Copy linkShare on TwitterShare on FacebookShare on LinkedinDecentralised Applications (Dapps)Visually, decentralised applications (dapps) are like normal apps; they offer similar functions and look the same. However, dapps are applications or programmes that operate on a …
Learn MoreEthereum’s Prague/Electra Upgrade: What to Know About ‘Pectra’ The Prague/Electra upgrade, ‘Pectra’ for short, is slated for May 2025 and set to be a transformative milestone for Ethereum. Here’s what to expect. Ethereum’s Prague/Electra Upgrade: What to Know About ‘Pectra’Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYEthereum1 May 2025|BEGINNERS|6 MIN READEthereum’s Prague/Electra Upgrade: What to Know About ‘Pectra’The Prague/Electra upgrade, ‘Pec…
Learn MoreProof of Activity (PoA) A succinct definition of Proof of Activity (PoA) Proof of Activity (PoA)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYPROOF OF ACTIVITY (POA)Copy linkShare on TwitterShare on FacebookShare on LinkedinProof of Activity (PoA)Not to be confused with Proof of Authority (also PoA), the Proof of Activity (PoA) consensus mechanism is a combination of Proof of Work (PoW) and Proof of Stake (PoS). In short, this hybrid algorithm uses a PoW mining process to gene…
Learn MoreDelegated Proof of Stake (DPoS) A succinct definition of Delegated Proof of Stake (DPoS) Delegated Proof of Stake (DPoS)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYDELEGATED PROOF OF STAKE (DPOS)Copy linkShare on TwitterShare on FacebookShare on LinkedinDelegated Proof of Stake (DPoS)In Delegated Proof of Stake (DPoS), users vote in delegates, also known as validators, to verify and produce blocks. After successfully producing a block, validators may then distribute their bl…
Learn MoreBitcoin vs Ethereum: What’s Different Between BTC and ETH? | Crypto.com Bitcoin vs Ethereum. The two biggest cryptocurrencies are very different. Learn what makes BTC and ETH unique. Bitcoin vs Ethereum: What’s Different Between BTC and ETH? | Crypto.comLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyBitcoin vs Ethereum: What’s Different Between BTC and ETH? | Crypto.comBitcoin vs Ethereum. The two biggest cryptocurrencies are very different. Learn what makes BTC and ETH unique. K…
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