The convergence of the various types of innovative devices (such as RFID chips, sensors, and the Internet) and their increased accessibility eventually gave birth to the concept of the Internet of Things (IoT). IoT technology marks a significant shift in the Computer Age that now allows for more than just computers to be connected through […]
Blockchain Use Cases: The Internet of Things (IoT) Read Post »
In short, a DoS attack (or Denial-of-Service attack) is a method used to disrupt legitimate users’ access to a target network or web resource. Typically, this is accomplished by overloading the target (often a web server) with a massive amount of traffic – or by sending malicious requests that cause the target resource to malfunction
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A crypto wallet is a tool that allows you to interact with blockchain networks to manage your cryptocurrencies and other digital assets. Your crypto wallet keeps track of how much cryptocurrency you have and lets you send and receive digital assets. Key Takeaways What Is a Crypto Wallet? A crypto wallet is a tool that
What Is a Crypto Wallet and How to Choose the Right One? Read Post »
A virtual machine (VM) is a program which emulates a computer system. It has a virtual CPU, memory, and storage and appears, from the outside, to be no different than a physical machine with the same hardware. How Does a Virtual Machine Work? A virtual machine has an operating system, files, and applications. It works
What Is Decentralization? Decentralization refers to the distribution of power, control, and decision-making across a network or system instead of a single organization or individual. Decentralization is characterized by the distribution of responsibility and authority among multiple participants instead of a single entity making all the decisions. In centralized systems, there is usually a central
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Key Takeaways Introduction Liquid staking is an innovative concept that allows users to enhance the utility of the digital assets they stake. This quick guide explores the fundamentals of liquid staking, how it works, why it matters, its pros and cons, and how it differs from other forms of staking. What Is Liquid Staking and
What Is Liquid Staking? Read Post »
NFT virtual land is an ownable area of digital land on a metaverse platform. Popular NFT land projects include Decentraland, The Sandbox, and Axie Infinity. NFTs are suited to representing land ownership as each one is unique and easily proves digital ownership. You can use NFT land for advertising, socializing, gaming, and work, among other
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Key Takeaways What Is a Smart Contract? A smart contract is a self-executing digital agreement written in code and stored on a blockchain. It can operate without the need for intermediaries, leveraging blockchain technology for increased security and transparency, providing users with a way to enforce agreements and streamline various processes. Smart contracts are particularly
What Are Smart Contracts and How Do They Work? Read Post »