In the article "The Difference Between Bitcoin Cold and Hot Wallets" from the BitDemy website, we discuss the definitions of these types of wallets, their differences, and the pros and cons of each. Understanding Hot Wallets Hot wallets, which are...
The 51% attack stands out among other blockchain security vulnerabilities in the Web3 landscape. It is an exploit that undermines the core principle of decentralization in blockchain and allows hackers to ...
In the article Scalability of Cryptocurrencies and Blockchain, we take an in-depth look at promising blockchain developments that may enable near-instantaneous transaction speeds in cryptocurrencies. Key points: Blockchain scalability refers to the network's ability to...
Understanding wallet addresses, public keys, and private keys is crucial to understanding how cryptocurrencies work, so in this article from the BitDemy website, we will discuss the difference between private and public key cryptocurrency addresses. General points...
In this article from BitDemy, we will discuss the definitions and differences between tokens and coins. Coins are digital assets that operate on their own independent blockchain. Tokens are digital assets that operate on ...
In the article Everything About Ethereum from the Bitdemy website, we will discuss the Ethereum blockchain and the Ether. What is Ethereum? Ethereum is a decentralized blockchain with smart contract capabilities, and Ether is the native currency of this decentralized network...
In the article "Things to know about Cryptocurrencies" from Bitdemy, you will read interesting facts about Bitcoin, blockchain, and other digital currencies that you probably didn't know before. Proof of Work Algorithm ...