Proof of Work (PoW) is a consensus mechanism used in blockchain networks such as Bitcoin to validate and confirm transactions.
Author: Editorial Office CVJ.CH
The term open source originated in software development which refers to software whose source code is made freely available to the public.
Options can be used to speculate, taking positions in assets at a lower cost than buying shares or they’re used to hedge and reduce risk.
Mt. Gox was a cryptocurrency exchange that operated between 2010 and 2014, handling over 70% of global bitcoin transactions in 2013.
FPC (Fabric Private Chaincode) is an extension of Hyperledger, designed to enhance the confidentiality of data within a blockchain network.
Mainnet refers to the stage at which a blockchain protocol is fully developed, operational and its transactions are recorded.
Blockchains are typically categorised by layers (L0,L1, and L2) depending on their structure and functionality.
The following article is an overview of the Tezos project, including an exclusive interview with foundation board member Hubertus Thonhauser about the current status of the blockchain-based smart contract platform. The Tezos project was first presented in a white paper published in 2014. The network is designed in such a way that stakeholders or validators can vote for proposed changes. Proposed changes will only be introduced if a majority of voters are present, thus reducing the risk of splitting the network (hardforks). Software teams will be paid if their proposed changes are implemented. At the core of the code base is…
Consensus algorithms ensure blockchain integrity and security, with Proof of Work (PoW) being the pioneering algorithm, as seen in Bitcoin, utilizing computational puzzles to verify and secure transactions without central authority.
Futures are financial contracts in which a seller commits to deliver a commodity or asset to a buyer at a predetermined date and price.
Ethereum, a decentralized blockchain, which transitioned from Proof-of-Work to Proof-of-Stake, enhancing security and efficiency. Ethereum uses smart contracts to build decentralized apps allowing DeFi and NFT solutions.
Decentralized autonomous organizations (DAOs) are an innovative form of organization based on the blockchain technology.
The term altcoin generally describes the wide range of alternative cryptocurrencies besides the original Bitcoin.
The Bitcoin price has fallen sharply in recent months in response to the COVID-19 pandemic, but this has not reduced public interest in crypto-currencies. Some of the US government’s helicopter money is also being used to buy Bitcoin. As Forbes magazine reports, several Americans are using the $1,200 stimulus checks to purchase crypto-currencies such as Bitcoin. A high volatility of the Bitcoin price usually attracts investors as well. According to the report, crypto exchanges have seen increased account and trading activity after the price fall in March, with crypto exchanges specializing in derivatives in particular — posting record volumes. Number…
Among other things, blockchain is ideally suited for the tokenization of assets. This can typically include illiquid assets such as real estate. An STO (security token offering) has just been launched in Germany for a real estate project in Berlin. The Berlin real estate STO is being conducted by Black Manta Capital Partners, a German company specializing in asset tokenization. According to a company spokesperson, the offer will be regulated by the German BaFin. Black Manta Capital has reported that BaFin had some questions to clarify, but then confirmed the project. Initially, only German and Austrian investors will be able…
Bitcoin/USD daily basis Bitcoin USD – Range between 6’500 and 7’000 USD The Bitcoin price tested the zone below USD 7,000 at the beginning of the reporting week. Already on Monday there was a downward movement to just under USD 6,500. However, the price recovered to over USD 6,800 on the same day. On Wednesday the next detour to 6,500 USD took place and on Thursday another attempt to bring the price below 6,500 USD was clearly rejected. As a consequence, higher daily lows and highs followed over the next 3 trading days, which in turn brought the price…