As cryptocurrencies continue to evolve, two key consensus mechanisms have emerged for validating transactions on the blockchain: proof-of-work (PoW) and proof-of-stake (PoS). This explainer will examine how these protocols differ and the unique benefits and drawbacks of each. Consensus Mechanisms in Cryptocurrency Proof-of-work (PoW), first introduced by Bitcoin in 2009, requires miners to compete to
Cryptocurrency can be a volatile investment. Prices can swing wildly in a matter of hours or days, making it difficult for individuals to know when to buy or sell.However, downturns in the market can be the perfect time to buy crypto. Here’s why:Lower PricesDuring a downmarket, crypto prices are generally lower than during a bullish market. This
In a world where cryptocurrencies are gaining momentum, the mainstream adoption of digital currencies is no longer a distant dream.Businesses across industries are starting to recognize the potential of cryptocurrencies and are embracing them as a viable payment option.In this edition of Blockchain.com’s Crypto IRL series, we’re sharing an inspiring story of a Belgian burger chain that
The Russian government has legally recognized digital currencies issued by other nations, local crypto media reported. The respective legislative changes have been made alongside the adoption of a dedicated law regulating the introduction of Russia’s own digital ruble. Amendments Legalizing Foreign CBDCs Enter Into Force in Russia Russian authorities have granted digital currencies of other
The Bitcoin Implied Volatility Index has fallen to its lowest levels since the crypto options exchange launched the tracker in early 2021. Crypto options exchange Deribit’s future-looking Bitcoin (BTC) volatility index — used as a crypto fear gauge of sorts — has reportedly reached its lowest level in two years, indicating a possible lack of
Cryptocurrency has been a topic of discussion for a while now, and with good reason. It has already started to change the way we think about finance. But what does the future hold for cryptocurrency?In this article, we will discuss where cryptocurrency is going in the next 10 years and how it will change the
If you’re involved in the crypto space, you’ve likely heard of Bitcoin Miami.It’s one of the industry’s biggest crypto meetups that explores the latest developments and trends in the world of Bitcoin and cryptocurrencies through panel discussions, workshops, and networking opportunities.This year, we went behind the scenes at Bitcoin Miami 2023 and spoke to enthusiasts, developers
The Bitcoin network is currently experiencing significant congestion, leading to high transaction fees and delays in confirmation times.Why is the Bitcoin Network Congested?The growing popularity of Bitcoin has resulted in an increased number of transactions, straining the network’s capacity.Additionally, the limited block size of 1MB means that only a fixed number of transactions can be
At Blockchain.com, we take online security seriously. That’s why we’re excited to offer Blockchain.com users 15% off their first year of 1Password.Claim nowFor one year, friends of Blockchain.com can get:15% off 1Password Families15% off 1Password IndividualSimply follow the link to claim your discount now https://1password.com/promo/security-and-convenience/With a dedicated password manager like 1Password, you can create and safely
The European Securities and Markets Authority (ESMA) has issued a warning regarding investments in assets like cryptocurrencies. They will remain unregulated in most countries until the EU’s Markets in Crypto Assets (MiCA) law is enforced across the Union, the regulator pointed out. ESMA Highlights Risks Related to Unregulated Products and Services for Crypto and Other
Today we’re introducing a new way to earn up to 8% annually on your Bitcoin (BTC): Active Rewards.For those who have a market view on where the price of Bitcoin will go, Active Rewards can be used to maximize your potential rewards at up to 10x the rate of Passive Rewards (formerly “Rewards”).What is Active Rewards?Active Rewards
Address poisoning is a phishing scam that can affect users who have received unwanted tokens and don’t check their addresses carefully when sending crypto. According to an Apr. 10 post from Etherscan, the blockchain explorer has disabled the display of zero-value token transfers on its website by default. From now on, users must manually switch
Our Crypto IRL series showcases individuals who are leading the charge in the crypto revolution by using cryptocurrency in real life to drive financial inclusivity, enterprise, and innovation.We’re excited to share a recent conversation we had with Bernardo Garcia, Co-Founder of Félix Pago, the world’s first chat-bot on WhatsApp that allows Latino immigrants in the
The Blockchain.com Wallet has evolved to become the Blockchain.com App.Explore a brand new user experience that delivers on all your crypto needs in one place.The brand new Blockchain.com AppUsers often have to make the decision to either trust a third party with theirs private keys or go through the complex process of self-custody. In addition to
Bitcoin has a frequently cited problem–scalability.The Bitcoin network can only handle a certain number of transactions at once, making it take a long time for transactions to go through and impacting the price of fees.One of the leading causes of the scalability problem is that each transaction must be verified by every node in the network
As we look towards the future of crypto, 2023 presents Blockchain.com with an opportunity to build upon our success, prepare for what’s ahead and — most importantly — continue to support our tens of millions of customers in over 150 countries.To kick off this year, we are delighted to announce Tim Lubans has been promoted to General Counsel of
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