Blog2023-09-01T13:48:02+00:00

TOP 5 strongest Bitcoin impulses and explanations to them

In 2021, the cryptocurrency community watched the price rally of the first cryptocurrency. Bitcoin hit its all-time high 2 times. Its price for the first time in history exceeded $60 thousand. After the first jump, there was a fall when the rate fell to $30 thousand. However, later it rose and in October 2021[...]

November 2nd, 2021|Cryptocurrency market|

What are nodes

Node - a device connected to the blockchain (computer, virtual server) on which the corresponding software is installed. Maintains the stability of the blockchain. Nodes communicate with each other in peer-to-peer networks. Joint activities of nodes are carried out within the framework of the appropriate protocols - proof of ownership consensus, proof of work,[...]

October 26th, 2021|Cryptocurrency market|

Top 10 biggest exchange hacks

Cryptocurrency exchanges are used for working with digital assets, trading. Many of them offer internal coin storage wallets. Cryptocurrency turnover reaches millions of dollars per day. Attracts scammers, lovers of easy money. Site owners pay serious attention to safety. At the same time, successful hacker attacks periodically occur, which lead to the loss of[...]

October 20th, 2021|Cryptocurrency market|

Who is a validator

Validators are considered the backbone of the blockchain system. The distributed database contains information about all the operations that users perform on the blockchain. Validators are involved in confirming transactions - special verification nodes. The main function of the validator is confirmation of the next block in a distributed database. In other words, the[...]

October 16th, 2021|Cryptocurrency market|