Proof of Work (PoW) and Proof of Stake (PoS) are used in many current Blockchains. However, these algorithms all have pros and cons. With the ability to execute transactions every second faster, the Proof of Authority (PoA) mechanism has become the alternative in many cases. This article, Tokenize Xchange – Digital Currency Trading Platform will… Continue reading Proof of Authority: Everything You Need To Know
Category: Blockchain
Layer 2 Blockchain And Scaling Solutions
The unexpected rush of new users and a surge in the activity of cryptocurrencies put pressure on the networks’ capacity to process and confirm transactions, which in turn caused challenges. To deal with these problems, Ethereum has offered Layer 2 solutions. These enable the network to carry out transactions more quickly and at lower costs.… Continue reading Layer 2 Blockchain And Scaling Solutions
What Is Layer 1 Blockchain?
Nowadays, there are a lot of people jumping into the crypto market. But not many of them can fully understand the terms of crypto and blockchain. Hence, Tokenize Xchange – Bitcoin Exchange Platform Singapore will explain the term Layer 1 blockchain, which is commonly mentioned in news and journals. What is Layer 1? The blockchain ecosystem… Continue reading What Is Layer 1 Blockchain?
Elon Musk Owns Twitter: Will It Impact The Crypto World
Crypto breaking news – Elon Musk, the CEO of Tesla, is now in charge of Twitter. Experts in the cryptocurrency sector believe that Elon Musk has consistently had a significant impact on the bitcoin environment. So, how can this event impact the crypto market? Let’s find out with Tokenize Xchange – Crypto Exchange Platform Singapore.… Continue reading Elon Musk Owns Twitter: Will It Impact The Crypto World
Introduction To Vasil Hard Fork
On 22nd September of this year, Cardano successfully performed the Vasil hard fork and provided several new features to its users. So, what is Vasil Hard Fork and how does it work? Let’s find out with Tokenize Xchange – Singapore Crypto Trading Platform. Understanding Hard Fork Forking is an event in which a blockchain splits… Continue reading Introduction To Vasil Hard Fork
All About Smart Contracts And Their Applications
First introduced in the 90s by Nick Szabo, smart contracts have been widely applied since Vitalik Buterin mentioned them in the Ethereum whitepaper in 2014. Then, smart contracts have become a popular term in the blockchain space with a great number of applications. So what is a smart contract and how smart contracts are used?… Continue reading All About Smart Contracts And Their Applications
The Ethereum Merge Is Completed. What Is next?
The long-awaited Ethereum Merge is now complete — here is the long-term roadmap for the protocol’s continued development. Ethereum is expecting to make its biggest change ever this month, transforming how transactions are processed and secured on the blockchain. But the Merge, as the switch from proof of work to proof of stake is known,… Continue reading The Ethereum Merge Is Completed. What Is next?
White Hat Hackers: Why Do Hackers Return Crypto?
The cryptocurrency market is expanding exponentially, but the recent wave of cyber-attacks has shown the industry is struggling on the security front. One of the largest cryptocurrency thefts ever appears to have been resolved – by the hacker. In 2021, Poly Network, a decentralized finance platform was robbed of more than 600 million in digital… Continue reading White Hat Hackers: Why Do Hackers Return Crypto?
5 Celebrities Who Invested In Crypto And NFT
The number of cryptocurrency investors has reached millions as a result of the growth of the market, and we have no doubt that the network will continue to expand. In keeping with the topic of crypto investors, do you ever wonder which celebrities invested in cryptocurrencies and NFTs? With Tokenize Xchange, let’s reveal them. 1.… Continue reading 5 Celebrities Who Invested In Crypto And NFT
Ethereum Merge And How It Affects ETH System
Ethereum Merge has been a highlight on social media these days and is expected to be the game changer for Ethereum. So what is Ethereum Merge? And how will it impact the ETH system and cryptocurrency investors? Let’s find out with Tokenize Xchange! What is Ethereum Merge? The Ethereum Merge is the event in which… Continue reading Ethereum Merge And How It Affects ETH System