Cryptocurrency popularity is growing very fast day by day. Digital tokens are now becoming a major investment source to get high returns. Most of the blockchain projects have given multifold returns within a year. For example, few coins have multiplied invested money more than 20 times. This is a huge profit in a short period […]
Blockchain Technology
Smart Contracts in Blockchain Projects
A smart contract is basically a piece of a computer program that can execute a contractual agreement between two parties. A smart contract in a blockchain is executed autonomously in a decentralized way. Hence, no central authority is involved to regulate the transactions and smart contracts. Smart contracts can be executed for any constraints, agreements, […]
Does Blockchain Store Data Files? – IPFS
Blockchain does not store data files like images, videos, music, pdf, etc. It only stores the metadata about the digital assets for example transaction history, asset information, contract, etc. Blockchain has a huge number of blocks and all blocks are connected in a chain. So, every block has the same set of information as other […]
What is Blockchain | Why Do We Need Blockchain
Before the creation of blockchains, the only way to do transactions between each other was to trust a centralized party like a bank or an auction house to do transactions. The centralized party keeps the records of your account. The security of the central authority can be compromised and our money can be at the […]