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Cover Image for What Happens When the Last Bitcoin is Mined?

What Happens When the Last Bitcoin is Mined?

The year is 2140 and the oldest cryptocurrency in the world – bitcoin – is just about to be mined.  Just like gold and other scarce assets before that, miners are about to dig the last portion of the 21 million bitcoins ever created. Decentralization rules the world. Centralization lives only in history books. Government, banks, […]

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PoW & PoS – Comparison of two Blockchain Consensus Mechanisms

Most blockchains function in similar ways, but one of the ways in which blockchains can differ is the way consensus is reached – which transactions are legitimate and added to the blockchain. Blockchains do this using various consensus mechanisms and in this article, we will explain the most used ones and some others. But, first… […]

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What are Layer 1 & Layer 2?

With the rise of cryptocurrencies, DeFi, NFTs and dApps there has been an increase in the demand for these decentralized services. Unfortunately, many users have experienced the frustration of paying high gas fees(the cost necessary to perform a transaction on the network) and a long verification time for their transactions, making these obstacles act as […]

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Cover Image for Bitcoin led to an economically aware generation

Bitcoin led to an economically aware generation

In recent months the price of Bitcoin has risen sharply on balance, despite some fluctuations, pressing questions like Is Bitcoin money or not? Why is Bitcoin valuable? And what does the future hold? The discussions about Bitcoin are very broad and opinion is divided on even its most basic aspects. For example, Bitcoin was designed […]

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Bitcoin Taproot Upgrade

The first bitcoin makeover in four years has been approved by miners around the world! The upgrade is called Taproot, and it’s due to take effect in November. When it does, it will mean greater transaction privacy, efficiency and crucially, it will unlock the potential for smart contracts, a key feature of its blockchain technology […]

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Cover Image for Why are people spending millions on NFTs?

Why are people spending millions on NFTs?

Simply put, NFT stands for a non-fungible token which is a digital asset that is distinctive from the others out there. In other words, it is one of its kind and you can not duplicate it. To read more about what NFTs are read our article: Blockchain NFTs in Art. With the steady and rapid […]

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Stablecoin Explained

Cryptocurrencies such as Bitcoin and Ethereum offer a number of benefits, and one of the most fundamental is not requiring trust in an intermediary institution to send payments, which opens up their use to anyone around the world. But one key drawback is that cryptocurrencies’ prices are unpredictable and have a tendency to vary, sometimes […]

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Cover Image for What matters more: Blockchain or Bitcoin?

What matters more: Blockchain or Bitcoin?

A very very brief definition Blockchain is the technology that enables the existence of cryptocurrency (among other things). Bitcoin is the name of the best-known cryptocurrency, the one for which blockchain technology was invented. So, the question is:  What matters more: the technology or the creation, which this technology was invented for? To answer this […]

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Cover Image for Games on Blockchain or Blockchain for Games?

Games on Blockchain or Blockchain for Games?

The video gaming industry is huge and shows no signs of slowing down. While there were almost two billion video gamers across the world in 2016, this figure is expected to rise to over three billion gamers by 2023.  People are exposed to millions of games, spanning across multiple genres and platforms that give players […]

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Cover Image for Blockchain & Gambling – Benefits and Challenges for the Industry

Blockchain & Gambling – Benefits and Challenges for the Industry

Blockchain is already shaping the future of many industries (for the better) and is set to be the next big technology to ring sweeping changes through sectors and the gambling industry is one of them. Compared to the pre-mobile days of exclusively physical, in-person gaming and gambling, nowadays online-player numbers around the world have soared, […]

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