Category: blog

Proof of Work (PoW) Explained

 HenryM  October 27, 2024  0 Comments on Proof of Work (PoW) Explained

What is Proof of Work? Proof of Work (PoW) is a consensus mechanism used in blockchain networks to verify and…

Understanding Consensus Mechanisms

 HenryM  October 19, 2024  0 Comments on Understanding Consensus Mechanisms

Introduction Blockchain technology is about trust in a decentralized world. But, when there’s no central authority—like a bank or a…

Distributed Ledger Technology (DLT)

 HenryM  October 19, 2024  0 Comments on Distributed Ledger Technology (DLT)

Introduction A ledger is just a fancy word for a record or list of transactions. Banks use ledgers to keep…

Decentralization

 HenryM  October 19, 2024  0 Comments on Decentralization

Introduction Blockchain technology may sound complex, but it’s based on two key ideas that are simple yet powerful: Decentralization and…

Dissecting Blockchain

 HenryM  October 19, 2024  0 Comments on Dissecting Blockchain

Introduction Blockchain can seem confusing at first, but when you break it down into its key components – blocks, transactions,…

The History of Blockchain

 HenryM  October 19, 2024  0 Comments on The History of Blockchain

Introduction Blockchain technology might seem like a modern innovation, but its origins date back a few decades. This technology has…

Blockchain

 HenryM  October 19, 2024  0 Comments on Blockchain

Introduction To Blockchain Blockchain technology is a new way to store and share information, and it is changing how we…

Cold Wallets

 HenryM  September 10, 2024  0 Comments on Cold Wallets

Cold wallets, also known as hardware wallets, are a type of cryptocurrency wallet that stores your private keys offline, making…