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In traditional transactions, a transaction ID is a unique string of numbers used to identify transactions made on a system. Let’s explore what a transaction ID is in the context of blockchain, what it’s used for, and how to look up a TxID on a blockchain network. What is a TxID? A TxID (Transaction ID) […]

This article helps you understand what Proof of Stake is and how the PoS mechanism works on the blockchain, along with other useful information. Learn more here. What is Proof of Stake? Proof of Stake (PoS) is a blockchain consensus mechanism. PoS allows users to earn rewards for validating blocks on the blockchain. In simple

Delegated Proof of Stake (DPoS) is a consensus algorithm that is quite commonly used today. In this article, we will explore what Delegated Proof of Stake (DPoS) is, as well as its advantages and disadvantages. What is Delegated Proof of Stake (DPoS)? Delegated Proof of Stake (DPoS) is a consensus algorithm used in many blockchains

In this article, Coin98 Insights explores what Merkle Tree technology is and its importance in blockchain. What is a Merkle Tree? A Merkle Tree is a data structure used in computer science applications. It is a mathematical structure formed from the hashes of different blocks of data, summarizing all the transactions within a block. Merkle

Double-spending can reduce the computational efficiency of a blockchain, decrease transparency, and affect users’ assets. So, what is double spending? What is Double Spending? Double-spending is the risk of spending the same funds twice on a blockchain network. An attacker uses a single source of funds for two or more transactions. The goal of exploiting

Looking back at recent token launches, it’s evident that the appeal of EigenLayer in particular, and the restaking trend in general, is waning. Puffer Finance Token Launch Disappoints After 8 months of allowing users to deposit ETH into the project to earn Puffer points, the project announced its tokenomics: The initial circulating supply at TGE

The development of Multichain is causing fragmentation of users and liquidity, hindering the expansion of Web3. Chain Abstraction is seen as a potential solution to overcome this challenge. What is Chain Abstraction? Chain Abstraction is a concept that aims to hide the complexity of different blockchains, enabling users and developers to interact with decentralized applications

The turbulent journey of SocialFi projects. This article is brought to you by Tiger Research. Summary: From Hype to Reality For a time, SocialFi was hailed as the “next big thing”, merging the worlds of decentralized finance (DeFi) and social media to create platforms that empowered users to 1) monetize content, 2) control their data,

While not among the top-tier exchanges, KuCoin is still chosen by many due to the credibility it has built since its relatively long existence. Here’s a detailed guide to registering and trading on KuCoin from A to Z! What is KuCoin? KuCoin is a centralized cryptocurrency exchange founded in 2014. It is one of the

What is Bithumb Global? This guide provides a detailed overview of how to use the Bithumb Global exchange, including account registration, deposits, withdrawals, and margin trading! In this article, coinrin will introduce you to Bithumb Global (also known as Bit Global) and provide detailed instructions on how to register an account, verify your identity, deposit