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Series
This series will consist of different topics of blockchain and posts will be updated on a daily basis.
Introduction Polkadot is a multichain network that can convert many blockchains into a single network by connecting them together, and those blockchains that are connected to Polkadot are called Para Chains. These chains run in parallel/parallel with...
Introduction Since cryptocurrencies, smart contracts have also become very popular, you must have heard the term smart contract a lot, and you must have come to your mind that what is a smart contract? How does it work? Why are people talking so much...
Introduction The Bitcoin network recently underwent a major technical update called Taproot on Sunday, November 14, 2021, which was pending for a long time. Let us tell you that this is the biggest update of the bitcoin network since 2017. This will ...
All bitcoin wallets have two things in common: the private key and the public key, also known as an address. So what is the private key? A private key, in relation to a bitcoin wallet, is a secret 256-bit alphanumeric number that is generated random...
What is UTXO? Contrary to popular belief, bitcoin is not a system of accounts and balances. Instead, the network keeps track of these things called UTXO. A UTXO stands for Unspent Transaction Output, but UTXO is simply an amount of bitcoin that's ass...
How does bitcoin mining work? Cryptocurrency mining is laborious, expensive, and only sporadically rewarded. However, mining has a magnetic draw for many investors interested in cryptocurrencies. It could be that typified mining as pennies from heave...
