Proof of Work VS Proof of Stake
The debate over Proof of Work vs. Proof of Stake has long divided the cryptocurrency community. The argument comes down to which consensus algorithm is more efficient, but there are several variables to consider before deciding which is better. In this article, we look at the basics of both these consensus algorithms and understand the […]
What are KYC and AML? Why are they Relevant for Digital Assets?
Banks and other financial services providers use KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures to combat fraud, money laundering, and terrorist financing. These concepts have been around for a while and initially supported banks and financial institutions. However, with the emergence of digital assets like Bitcoin, these rules are also being applied to […]
What are Cryptocurrency Derivatives?
The crypto market is expanding rapidly, and while many people are still hesitant to enter the sector, there are several new trends in progress. Derivatives based on cryptocurrencies are one of these trends. These might be options or futures contracts on specific markets, such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), etc. Cryptocurrency derivatives have […]
