Vast amounts of Cryptocurrencies including Bitcoin and Ethereum has simply been lost within the Blockchain system. This has some benefit in reducing the supply of coin and bolstering the value of the remainder. Some has been deliberately destroyed (burnt) for just that reason. Most still exists somewhere but no one is able to access it. …
New crypto businesses need to establish a strong track record to prove that they can be trusted, bring in and keep new customers. Unfortunately there are more than a few individuals out there keen on just taking the money and running. In the event that they are not caught out they will start all over …
Discord is a chat server, running as an app or through its own web interface. It grew in popularity as a virtual meeting place for computer gamers but has become a hub to exchange information on NFTs and other cryptocurrency commodities. Confusingly the various subject groups within Discord are called servers. A legitimate user might …
Smart Contract may be a snappy name but is not the best explanation of what is going on. The Smart Contract itself is a piece of code that can run in some but not all Blockchain implementations. It does run within Ethereum and in Bitcoin. It allows each block to do more than just hold …
The core concept of a Blockchain is of a series of linked transactions distributed within a computer network. The nodes verify each other’s data so unauthorised changing of information of a block at a single node will fail because the linked nodes will refuse those changes. The system has the added advantage that successful transactions …
The Blockchain provides a secure medium to hold NFTs and cryptocurrencies. Like any virtual or real life security solution it can only be as reliable as the key system used to access it. If some sort of access solution does not exist the ‘secured’ item cannot be accessed. It is as secure and useless as …
