Learn about blockchain, cryptocurrencies, DeFi and wallets.
Guarda team prepares articles on the most relevant data for crypto newcomers as well as advanced users.
Binance Smart Chain (BSC) is a blockchain that runs in parallel with the Binance Chain. Unlike Binance Chain, BSC has smart contract functionality and compatibility with the Ethereum Virtual Machine (EVM). Binance Smart Chain is based on a system with up to 21 Proof-of-Stake-Authority (PoSA) consensus validators, that requires minimal block validation time and offers much lower fees.
A digital signature is a cryptographic method used to verify the validity and integrity of digital data. It is a digital equivalent of traditional handwritten signatures, with a higher level of complexity and security. Simply put, it is a special code attached to a message or document, acts as proof that the message or document has not been tampered with.
Atomic swaps can be implemented both on-chain - between two blockchains, and off-chain - outside the blockchain. The concept of cross-chain trading is innovative. Daniel Larimer introduced the P2PTradeX protocol considered to be the first prototype of the atomic swap in 2012. The communities of Bitcoin, Litecoin, Komodo, and Decred have played a significant role in the development and growth of this technology.
A smart contract is a digital protocol that ensures that a contract is automatically executed when the agreed conditions are met. Smart contracts allow you to process transactions without requiring a third party to verify or enforce the agreement. Agreements are traceable and irreversible.
Unfortunately, crypto fraud is still a reality. Attackers will try to take advantage of all the places they see promise or advantage. It is certainly still possible to steal funds in the cryptocurrency space, so the fraudsters always look for new ways to trick people – whether by stealing their data or money directly.
Stay in Touch
Subscribe to Newsletter
We send a brief email usually once every two weeks with news, giveaways, and updates. We'll never share your address with any third party.