Category: Resources and Guides
Proof of Stake and how Staking can become a passive source of income for hodlers
The consensus method known as Proof-of-Stake (PoS) replaced Proof-of-Work (PoW) which is a more energy-intensive process. PoW is the method by which new coins are mined in Bitcoin. While PoW…
Current Bottlenecks in Mainstream Adoption of Decentralised Exchanges (DEXs)
Given the hazy regulatory landscape, DEXs ought to have gained greater traction than CEXs because they allow the end user more control. Customers’ preference to use CEXs has not changed…
Types of Cryptocurrency Staking and how you can use it to earn passive income
The process by which a distributed blockchain network comes to a consensus on the record of transactions that have occurred is a basic component of all blockchain networks. Bitcoin and…
Consensus Mechanism: Proof of Work (PoW)
In general, consensus refers to the collective agreement of a majority within a group indicating that they support a particular decision. Within the realm of blockchain, consensus mechanisms serve as…