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Blockchain essentials

Latest articles

Bitcoin ordinals: getting to grips with the issue
15 Сен 2023
5566
Order numbers, artifacts and ordinals are not a very topical and well-known topic in the market, however, you may come across it on your trading path. That is why we will talk about it in this article.
What is the blockchain trilemma
25 Сен 2022
6112
At one time, blockchain was a truly breakthrough technology, offering effective solutions for outdated financial systems. To a certain extent it was.
PoS algorithm and others: description and advantages
09 Сен 2021
3939
The world's first cryptocurrency, Bitcoin, is powered by the Proof of Work consensus algorithm. It is this algorithm that secures the network and allows transactions to be confirmed.
Bitcoin mining
18 Ноя 2020
2190
Bitcoin mining is a complex, expensive, and highly demanding process. However, this doesn’t concern most people, as mining is done automatically, attracting investors interested in cryptocurrencies. Miners receive rewards in the form of tokens.
Monero. Features and Benefits
30 Окт 2020
5520
In 2012, the first cryptocurrency was created using the CryptoNote protocol — Bytecoin. It was an attempt to implement anonymity in cryptocurrencies, but the project ran into a number of problems. As a result, in 2014, the developers decided to create a fork of Bytecoin. This is how the new cryptocurrency Monero was born.
Why is my bitcoin transaction not confirming?
28 Окт 2020
4550
The problem of calculating the transaction confirmation time mainly consists in the inconsistency of the period of the release of new blocks. If the blocks came out exactly every 10 minutes (even with an error of 1-2 minutes), then it would be possible to relatively accurately estimate the time after which the transaction would have 1 confirmation.
Bitcoin address formats and performance comparison
12 Окт 2020
4710
Bitcoin address formats and performance comparison. There are 3 types of addresses: P2PKH, P2SH and P2WPKH. AvanChange uses Bech32 addresses by default, as our team is committed to introducing new technologies. Read more in this article.
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