In the midst of overpromising in the blockchain projects, Avalanche is a ready-to-use platform that has better scalability, decentralization, and interoperability than most of its competitors. Avalanche is a complex and customizable open-source blockchain platform. Users can create a decentralized application or even a customizable public/private blockchain. This flexibility
For cryptocurrency to have mass adoption, blockchains need to address scalability problems. A functional blockchain needs to process transactions faster than a centralized payment system. Scalability is one of the most important and toughest adversaries among current cryptocurrency’s projects. Even Bitcoin and Ethereum have problems scaling their transaction process.
Smart contract technology which powered DeFi and NFT has become a threat to the incumbent intermediary companies. Ethereum, the first blockchain to introduce the concept, is now the institution’s darling for cryptocurrency investment. However, Ethereum has a serious sustainability issue. Loads of effort and money pour in to scale
Cryptocurrency is constantly changing and to be fair no one really know the end result of its metamorphosis. The public progressively shifts their opinion about the real use case of the cryptocurrency and the technology behind it, blockchain. This paper will delve into the trends around cryptocurrency so far and
“It is not the strongest of the species that survives, nor the most intelligent; it is the one most adaptable to change.” — Charles Darwin For decades, banks have been the financial institution to borrow money and get extra passive income (interest from deposits). However, the recent popularity of P2P (Peer-to-Peer)
To be able to transfer money or value Peer to Peer (P2P) without any central authorization has been the dream of cypher punk since the 60s. However, the concept of decentralized digital money possessed a long unsolvable problem called The Byzantine Generals’ Problem. It questions the possibility of forming a
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