Elizabeth Saul's Articles
What is Binance DEX?
A decentralized exchange is an exchange that operates on the basis of a distributed ledger, does not store users' funds and personal data on its servers, and acts as a simple search mechanism for orders to buy or sell user assets. Trading on such platforms takes place directly between participants without third parties.
What is a Digital signature?
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.
What is the Internet of Things?
IoT is a class of digital devices that can interact and monitor the environment, report status, receive instructions, and act on the information received. IoT technology is the interconnected network of physical devices, objects, and sensors (for example, thermostats, heart-rate monitors, and home security systems) that communicate with computers and other devices through the Internet.
What are Atomic Swaps & Why do we need them?
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.
What is Decentralized Finance (DeFi)?
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).
Deep Dive Into Cryptocurrency Wallets
So, we have decided that it is a good time to revise Crypto 101. Relax, make yourself some tea and remember about the heroes keeping your cryptocurrency safe — the wallets.
What are softforks and hardforks?
In the field of cryptocurrencies, hardforks and softforks are in the focus of considerable discussion among community and investors.
Types of Consensus Algorithms
Blockchain projects are decentralized and do not have any central authority within the network so consensus algorithms are important for them.
What is Double-spending?
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.
What is 51% Attack
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.
What is Ethereum 2.0 (Serenity)?
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.
What are TRON Bandwidth Points?
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.
Zcash and Guarda: Together for Privacy
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.
Ethereum ERC-20 Tokens Wallet Guide
The ERC-20 is neither a form of technology nor a type of software nor a unique piece of code. Then what? It’s rather a technical specification that a new token on the platform implements.
What are stablecoins?
If you observe the dynamics of even the most popular cryptocurrencies like Bitcoin or Ethereum, it quickly becomes obvious how volatile they are. The main goal of stablecoins is to provide a consistent value over time.
What is Bitcoin halving? What to expect?
The Bitcoin Halving 2020 is the most expected event in the crypto industry. The Crypto community could expect a possible Bitcoin growth model that predicts a new peak after the 2020 halving.
What is Multisig / Multisignature Wallet?
At the beginning of February, following our clients’ continuous demands, Guarda has become the first-ever lightweight wallet to implement multi-signature technology for our Bitcoin wallet. This article will familiarise you with the term “Multisig”, the context behind it and its practical use.