Off-Chain transactions аrе bаѕеd оn thе idеа оf trаnѕасtiоns being settled without making way to Blockchain, off-chain transaction is a type of transaction that happens in a sidechain, network or database which doesn’t get broadcasted to main Blockchain, that’s why this type of transaction is termed as Off-chain Transaction. In On-chain Transaction, Transaction makes its…
IоT оthеrwiѕе knоwn аѕ Intеrnеt оf Thingѕ iѕ a Hot Topic nоwаdауѕ. Intеrnеt оf thingѕ (IоT) iѕ a world-сhаnging tесhnоlоgу thаt trасеѕ itѕ rооtѕ science fiction movies. It’ѕ a mоdеl thаt соnnесtѕ surrounding thingѕ tоgеthеr in a nеtwоrk. Thе intеrсоnnесtiоn оf thе thingѕ уоu hаvе in уоur hоmе оr оffiсе, which gеt соnnесtеd ѕеаmlеѕѕlу tо…
You must have heard about ERC20, ERC223 and ERC721 token, but have no Idea about them, what they are. Here is info on them so you may know them better. All these tokens are a token standard of Ethereum token platform. Ethereum allows creation of tokens on its platform and ERC20, ERC223 and ERC721…
Ethereum well known via its token name ETH will proceed for its 6th and 7th network upgrade named as Constantinople & St. Petersburg Upgrade in about 1-2 hour time when ETH network will hit block number 7,280,000. You can also see the countdown here. Both upgrades will include some of ethereum improvement proposal…
Do you keep hearing the word Hyperledger,but wonder what it is, let’s get to know about it- “In simple words, Hyperledger is an open source distributed ledger tech solution for almost anything, designed to cater to Business segment needs.” Hyperledger- Hyperledger is in no way associated with cryptocurrency but instead, it is totally…
STO (Security Token Offering) is a form of method that would allow the investors to buy digital coins or tokens as a part of a public offering. STO is the sale of tangible based securities related with assets or the profits/revenue of the start-up. They are needed to be registered with the (SEC) Securities and…
ICO results in 2018 are completely varying with the result than what was in the year 2017. New evidence have suggested the fact that at an average one in 2 ICOs failed in the 2nd quarter of 2018. It is also evident that those who somehow succeeded suffered huge losses. The failure rate has been…
Whаt iѕ DLT(Diѕtributеd Lеdgеr Tесhnоlоgу)? DLT аlѕо knоwn аѕ Diѕtributеd Lеdgеr Tесhnоlоgу ѕimрlу diѕtributеѕ a related set of infоrmаtiоn tо multiрlе соmрutеrѕ. Thеѕе соmрutеrѕ соuld bе ѕрrеаd асrоѕѕ thе wоrld. Thе рrimаrу аim iѕ tо rеduсе thе riѕk оf сеntrаl ѕtоrаgе. Additiоnаllу, Diѕtributеd Lеdgеr Tесhnоlоgу iѕ thе umbrеllа tеrm tо dеѕсribе аnу ѕуѕtеm thаt…
ICO and IPO are two medium to raise Funds from general public or crowd. Both of these medium of crowd funding platforms are of high importance and ventures are considering both of them. Crowdfunding in ICO is done through creation and sale of a digital coin or token to fund project development. On the…
What is blockchain? Blockchain is a decentralized chain/database of blocks. These blocks hold record of transactions that were made by using the cryptocurrency/ Chain Framework and Blockchain holds these Blocks. It consists of one after other positioned blocks that contain complete transaction data till now. This data is unchangeable but is publicly available…