Category: Blockchain Crypto

Hashing is a crucial component of blockchain technology, and it is one of the main reasons why blockchains are considered to be secure and tamper-proof.

A multisig wallet works by requiring multiple private keys to sign off on a transaction before it can be broadcasted to the blockchain.

PGP uses a combination of symmetric and asymmetric encryption to provide secure communication.

Coin burn is a process in which a portion of a cryptocurrency's tokens or coins is permanently removed from circulation.

A node is a computer that is connected to the blockchain network and participates in the validation and propagation of transactions.

Blockchain technology is a revolutionary concept that has disrupted the traditional way of handling data and information.

Proof of Authority is particularly useful for private or permissioned blockchains that require high transaction throughput and fast confirmation times.

A 51% attack is a type of attack on a blockchain network that involves a single entity or group of entities controlling more than 50% of the total computing power of the network.

It is a protocol upgrade that aims to improve the efficiency and security of Bitcoin transactions.

In the world of cryptocurrencies, a hard fork and a soft fork are two terms that are often used to describe changes to the underlying blockchain protocol.