Browsing Tag

blockchain technology

6 posts
decentralized financial services explained

What Is DeFi? Understanding Decentralized Finance

DeFi (decentralized finance) represents blockchain technology’s ambitious attempt to reconstruct traditional banking…
erc 20 token standards explained

What Are ERC-20 Tokens and How Do They Work?

ERC-20 tokens function as standardized digital assets on Ethereum’s blockchain, operating through…
authorized validators consensus model

What Is Proof of Authority in Blockchain?

Proof of Authority (PoA) represents blockchain’s calculated retreat from pure decentralization, employing…
consensus mechanism comparison analysis

Proof of Stake Vs Proof of Work: Which Is Better?

Proof of Stake emerges as the consensus mechanism darling, trading Proof of…
understanding blockchain technology basics

What Is Blockchain? A Beginner’s Guide

Blockchain operates as a decentralized digital ledger where thousands of identical copies…
decentralized digital ledger technology

What Is Blockchain? A Simple Explanation

Blockchain functions as a distributed digital ledger that records transactions across multiple…