What Are Smart Contracts on the Blockchain and How They Work
What Is a Smart Contract? A smart contract is a self-executing program that automates the actions required in ...
Decentralized Applications (dApps): Definition, Uses, Pros and Cons
Decentralized applications, or dApps, are software programs that run on a blockchain or peer-to-peer (P2P) network of computers instead of on ...
What Is Decentralized Finance (DeFi) and How Does It Work?
Decentralized finance (DeFi) is an emerging financial technology based on secure distributed ledgers similar to those used by cryptocurrencies. ...
What Does Proof-of-Stake (PoS) Mean in CryptoCurrency?
Proof-of-stake is a cryptocurrency consensus mechanism for processing transactions and creating new blocks in a blockchain. A consensus mechanism ...
What Is Proof of Work (PoW) in Blockchain?
What Is Proof of Work (PoW)? Proof of work (PoW) describes a consensus mechanism that requires a significant ...
