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Most recently published stories in The Chain.
What is a smart contract? — Understand contracts on the blockchain
Blockchain is widely considered to be a speculative good thing, made famous by Bitcoin. But the underlying technology is more interesting in many ways. A smart contract is a smart contract that does not require a third party such as a lawyer, notary or public official to verify, facilitate or enforce the contract.
cross chainbridgePublished about an hour ago in The Chain
What is the difference between a digital currency and a token?
Digital currency and token: how are they different? In simple terms; A crypto currency uses its own blockchain to keep track of all data, while a token uses another platform’s blockchain as its infrastructure. This means that when a person creates a token they don’t have to create the blockchain, write the code or even worry about how it has to be validated, but simply create the token and it runs on that chain of blocks. With this in mind, a team of developers can migrate from being a token to a coin if they decide their project is growing fast enough, but they can’t directly convert a token to a coin. Instead, they create acurrency that works in the same way as a token and then create a bridge that allows users to exchange their old tokens for the new currencies. Another feature worth explaining is that some coins are represented as tokens on other networks. How? You can think of this as buying a gold stock: you own the stock but all it does is represent gold and at any time you can withdraw that stock for a gold piece, so it’s basically gold (at least For commercial purposes).
BlockchainxPublished about an hour ago in The Chain
The Next Luna And UST? Crypto Market Now Braced For Another Earthquake After Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, Avalanche And Polkadot Price Crash
Bitcoin BTC -1.1%, ethereum and cryptocurrency prices have been left reeling from the collapse of the terraUSD (UST) stablecoin and its support coin luna this week—though luna has shocked some by staging a surprise rally.
Hațegan Ioan DanPublished about 24 hours ago in The Chain
Why Keeping Bitcoin On An Exchange Is Driving The Price Down
When you purchase Bitcoin from a centralized exchange, you never know whether your account is credited with actual Bitcoin or paper Bitcoin. Paper Bitcoin is a "I owe you" Bitcoin, implying that the exchange owes you a certain amount of Bitcoin. The only way to ensure that the Bitcoin you purchased is genuine is to withdraw it to a self-storage wallet or sell it for another asset or product.
Hațegan Ioan DanPublished about 24 hours ago in The Chain
Should You Trust A Bitcoin Bottom?
It has been an ugly week in cryptocurrencies as even some of the largest investors have seen jaw-dropping losses. At the end of April there were several experts looking for Bitcoin BTC -1.1% to hit $100,000 by the end of 2022. I have seen similar eye-popping forecasts in the past and have always been concerned that a novice investor might buy based on these over-the-top forecasts.
Hațegan Ioan DanPublished a day ago in The Chain
Smart contracts: what they are, how they work and their areas of application
Smart contract and Blockchain First of all, smart contracts are not a novelty that is necessarily associated with the blockchain. In fact, they were already experimented with in the 90s and conceived much earlier, and they have their own specific dimension independent of the Blockchain. Certainly, the Blockchain phenomenon has allowed, and is allowing, to have those guarantees of Trust, Reliability and Security that in the past were necessarily delegated to a “third” figure. Let’s say, as a final premise before going into the merits, that in the development and management of Bridge Smart Contract Development Services projects, today those professionals who know how to combine legal knowledge with solid technical and development skills seem to have advantages.
cross chainbridgePublished a day ago in The Chain
ENS: Ethereum Name Service
If you have been around in the crypto space for a while you would have noticed that the biggest gains are made if you are able to enter projects build around a new concept early in the game. Whether it is that alt coin that does a 100X, that DeFI project that provides incredible APY or a the first set of NFT projects that rewards the holders with life changing returns.
🤑 How To Earn 9.4% APY Daily Compounding Interest on Your Bitcoin
I am always on the lookout for safe investment opportunities that are easy to understand and execute and don't require me to have a certain level of autism to understand how things work.
Pavlos GiorkasPublished 2 days ago in The Chain
Billionaire Crypto Investors Including Elon Musk and Brian Armstrong set to bear brunt of 'Crypto Bloodbath'
Some of the world's cryptocurrency billionaires are having their fortunes wiped out as the value of digital currencies plummets due to concerns about the global economy.
Adam PearsonPublished 3 days ago in The Chain
How to Create an Exchange Like Binance?
The crypto market is booming and offers great potential for traders and investors in the digitalized global spectrums. There are many aspects to the business that offer endless opportunities for crypto entrepreneurs, including trading. Binance, like Crypto exchange platforms, is capable of streamlining increased revenue streams for their company. The crypto exchange platform has high revenue stream opportunities.
betty parkerPublished 3 days ago in The Chain
What is the best way to make a free NFT?
In this article, I’ll show you how to make a free NFT. It’s easier than you may think to make, or’mint,' an NFT, and so’s just as easy to do it for free. I’ll be concentrating on generating a single NFT artwork in this tutorial rather than minting generative NFTs or an NFT collection.So, what exactly are NFTs? These non-fungible tokens have swept the globe, but they're not quite as complicated as they appear. NFTs are a method of registering a digital file on a cryptocurrency blockchain to ensure that it is a one-of-a-kind object and to demonstrate ownership. We have a complete guide on how to produce and sell an NFT, but I'll teach you how to make one for free right now.
The John Oliver Crypto Currency Bundle 2022
Last year did a piece on crypto currencies mentioned by John Oliver in a 2018 segment. In retrospect, the Last Week Tonight actually went to easy on crypto, describing them as hard to hack, which has shown to be untrue. Not only have thieves and conmen preyed on crypto bros, but the institutions that were supposed to be the bedrock of the industry have shown little regard for users.
Buck HardcastlePublished 4 days ago in The Chain
