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The United States Federal Reserve (FED), at its last meeting, decided to keep interest rates unchanged. The fight against inflation continues, and despite being reduced compared to previous peaks, is still above the 2% target desired by the central bank. This decision has major implications for both the traditional economy and the volatile cryptocurrency market. […]
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What is Nuo Network? A Beginner’s Guide Nuo Network is a decentralized finance (DeFi) application that provides a platform connecting lenders and borrowers using smart contracts. Built on top of the Ethereum protocol, Nuo is backed by ConsenSys Ventures and has a total value of $10.7 million currently locked in smart contracts.The application currently permits users to […]
No technology has revolutionized the digital world like blockchain, not even arising anywhere close to what blockchain achieves. Blockchain raises many questions about its elements and operation, so we will delve a little into those responsible for maintaining the integrity of the network, who are known as Consensus Algorithms. These consensus algorithms make all blockchain […]
Proof-of-Work (PoW) remains to be one of the most popular consensus algorithms used by cryptocurrency networks in the market. Bitcoin (BTC) is the largest cryptocurrency that is using it, and many other networks dependent on cryptography such as Litecoin (LTC) are also working with it. Proof-of-Work systems work in order to protect blockchain networks and […]
As the cryptocurrency market expands and welcomes new users it is important for them to know all the terminology and parts of the Bitcoin (BTC) network and one of the many words that appearing often the confuse many is what we refer to as the “bitcoin mempool“. The Bitcoin mempool is the number of unconfirmed […]
Ethereum is known for being one of the most popular cryptocurrencies in the crypto market and not specifically for its value (although it is one of the most valuable) but for the technology by which it works. ETH tokens work with smart contracts, which are defined as instructions stored on the blockchain, which can also […]
Trading signals are recommendations created by a group of expert traders and analysts, who elaborate them for better management when buying, selling and trading with cryptocurrencies, thus increasing profits and minimizing losses. Trading signals are especially popular because users believe that they do most of the work for them. However, traders must also manage their […]
Understanding the Bitcoin Block Reward System Transaction data are recorded in the bitcoin network in files called “blocks” and each time a block is discovered, a new bitcoin is minted and the miners receive compensations known as a “block rewards”. The rate of these bitcoins being created are cut in half every for years, limiting […]
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