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Cryptocurrency Mining
What Is Cryptocurrency Mining? Cryptocurrency mining is how new transactions are validated on a blockchain’s public ledger. Validating transactions results in a…
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Mining Hashrate Explained
A mining hashrate is the amount of processing power a miner or network has to process transactions onto a blockchains ledger. The…
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51% Attack Definition
A 51% attack is a potential attack where a person or group gains a majority of a blockchains hashing power to control…
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Brute-Force Attack
A Brute-Force attack, also known as exhaustive key search, is a hack using complex algorithms attempting to crack a password or key…
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SHA-256
What Is SHA-256? Securing Hashing Algorithm 256 (SHA-256) is the hashing algorithm used to secure blockchains such as Bitcoin, where the hashing…
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Could Quantum Computing Decipher Bitcoin Within The Next Decade?
Quantum computers use quantum mechanics to compute much faster than traditional computers. Large quantum computers would cause trouble for Bitcoin, though it…
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What Is Web 3? The Evolution Into A Decentralized Internet
There is no official definition of Web 3. There are only explanations on what is expected to come in Web 3. Technology…
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Play To Earn – Is The Future Of Gaming On The Blockchain?
What Is Play-To-Earn? Play-To-Earn or P2E is an emerging business model, popular on blockchains, that has an economic incentive for users to…
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Satoshi Unit (SATS) Definition
A Satoshi Unit, or SATS, is currently the smallest denomination of Bitcoin (BTC), named after the pseudonymous creator of Bitcoin, Satoshi Nakamoto.…
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Wei Definition
Wei is the smallest denomination of Ether, or ETH, the cryptocurrency on the Ethereum network. Wei takes its name from Cypherpunk member…