Tag: consensus mechanism
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The Cryptocurrency Guide for the Perplexed: Polkadot (DOT)
Polkadot is a blockchain-based distributed computing platform that lets the blockchains built on top of it, which are called parachains and something we’ll get into indepth in a bit, conduct transactions between themselves. This creates what they call a interconnected internet of blockchains. It comes with two goals: providing shared security among all of their…
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Why your crypto bets are down and what’s to be done?
Bitcoin’s down almost half of its high point mark achieved earlier this year, and naysayers are chuckling about the things they’ve always known about the currency. Like they always do whenever crypto hits the skids, which it does ever so often. It’s a common occurrence, and common enough that folks involved will keep quiet during…