Getting started with Nifty Gateway to make your first NFT (non-fungible token) purchase is straightforward, even for beginners. Nifty Gateway is a popular NFT marketplace known for its curated drops from well-known artists and seamless user experience. Here’s a step-by-step guide to help you make your first purchase: 1. Create […]
Month: August 2024
Off-Ledger Currency refers to a type of digital or virtual currency that operates outside the traditional blockchain ledger system. Unlike on-ledger currencies, which are recorded and verified on a blockchain or distributed ledger, off-ledger currencies do not rely on these systems for their transactions and validations. Here’s a detailed overview […]
An OHM Fork refers to a cryptocurrency project that is a derivative of the original OlympusDAO (OHM) protocol. OlympusDAO is known for its innovative approach to creating and managing decentralized reserve currencies. Here’s a breakdown of what an OHM Fork is and what you need to know: 1. What Is […]
Proof of Stake Authority (PoSA) is a consensus mechanism used in blockchain networks to validate transactions and secure the network. It combines elements of Proof of Stake (PoS) with a focus on delegating authority to trusted entities. Here’s a comprehensive look at what PoSA is and how it functions: 1. […]
A qubit (short for “quantum bit”) is the basic unit of information in quantum computing, analogous to a bit in classical computing. However, unlike a classical bit, which can be either 0 or 1, a qubit can exist in a superposition of both states simultaneously. Here’s a deeper look into […]
Quasar Smart Contracts are a relatively new concept in the blockchain and smart contract ecosystem. They aim to enhance the functionality, security, and efficiency of smart contracts. Here’s a breakdown of what Quasar Smart Contracts are and why they might be important: 1. What Are Quasar Smart Contracts? Quasar Smart […]
Revenue Participation Tokens (RPTs) are a type of financial instrument that allows businesses to raise capital by issuing tokens that give holders a share in the company’s revenue. These tokens can be particularly useful for businesses looking to innovate in their fundraising approach and provide new ways for investors and […]
Secure Multi-Party Computation (sMPC) is a cryptographic technique that enables multiple parties to jointly compute a function over their private inputs while keeping those inputs confidential from one another. It ensures that each party learns only the result of the computation and nothing more about the other parties’ inputs. This […]
The Simple Ledger Protocol (SLP) is a protocol for creating and managing tokens on the Bitcoin Cash (BCH) blockchain. It enables users to issue, transfer, and manage tokens in a way that is simple and cost-effective. Here’s a detailed overview of what SLP is and how it works: 1. What […]
The Solana Virtual Machine (SVM) is a crucial component of the Solana blockchain ecosystem. It is designed to facilitate the execution of smart contracts and decentralized applications (dApps) on the Solana network. Here’s a detailed overview of what the SVM is and how it works: 1. What Is the Solana […]
