The main goal of Decentralized Finance is to create an open, free, and transparent ecosystem of financial services that is available to everyone and not controlled by a centralized government. Throughout Defi projects, users take full control of their assets and interact with the ecosystem through peer-to-peer (P2P) decentralized applications (dApps).
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Guarda team prepares articles on the most relevant data for crypto newcomers as well as advanced users.
The primary goal of blockchain technology is to create a reliable and secure digital money system. Before Bitcoin was invented, attempts to design a similar system had already been made, but they were all faced with the problem that transactions could be copied.
51% attack is a hackers' assault on the blockchain network, where one person or a group of miners, for example, one mining pool can control much of the hashing speed. It can lead to disruption of the network processes as the attacker will have enough hashing power to exclude or change a specific transaction or the order of transactions.
The Ethereum network has become very popular in the world of cryptocurrencies and is currently processing large volumes of transactions. In order to continue the growth of the network, node operators are forced to increase their computing power, which can lead to centralized control.
TRON, while similar to the Ethereum network, offers some new features. To ensure sleek network operation, and no delays on transaction confirmation, the TRON network gives everyone a free pool of Bandwidth points for free transactions every 24 hours.
Guarda Wallet proudly supports over 45 popular blockchains with their tokens and considers it essential to raise public awareness of these projects, cryptocurrency market events and blockchain technology in whole. Let's turn to ZCash foundation as one of the major forces of our industry and find out more about its specific features.
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