Blockchain - ITWorld-A top-tier website providing authoritative IT technical information.

Apr 03, 2025

What is the Coin Smart Chain (BSC)

CoinSmart Chain is a new blockchain with a mature environment for developing high-performance decentralized applications. It is designed for cross-chain compatibility with CoinSmartChain to ensure that users get the advantages of both.

Apr 02, 2025

Can blockchain really last? How can it avoid becoming a slogan?

Embracing blockchain seems to have become the mainstream of the industry nowadays. Both entrepreneurs and Internet giants have started to extend their development tentacles to this industry that is going to bring disruptive development to traditional industries.

Apr 01, 2025

Blockchain Common Consensus Mechanisms

Speaking of consensus mechanism, in fact, he is a mode of verification and confirmation of the transaction, he is mainly through the vote of the special nodes to complete the confirmation, in general, if for a transaction, a number of interests of unrelated nodes can reach a consensus, then we will be defaulted to the whole network can also reach a consensus.

Mar 31, 2025

What is Bitcoin?

Since the launch of the white paper in 2008, Bitcoin has received unprecedented attention, especially since the first transaction of Bitcoin and its ten million fold increase in ten years, every sharp rise and fall of Bitcoin has become the focus of attention and caused huge controversy.

Mar 30, 2025

How energy company Powerledger (POWR) is using blockchain to improve the world

Founded in 2016 and headquartered in Australia, energy trading technology company Powerledger aims to improve the efficiency of the energy market and enable peer-to-peer energy trading using blockchain's technology to track, trace and trade energy, with the technology now available in 12 countries.

Mar 29, 2025

What causes the bitcoin network hash rate to increase?

Bitcoin is a cryptocurrency that relies on computer networks to verify transactions. Hash rate refers to the total computing power used to mine and process transactions on the workload proof blockchain.

Mar 28, 2025

Explanation of the consensus mechanism of blockchain

In the cryptocurrency world, consensus mechanisms are protocols and algorithms that enable computer networks to work together to ensure network security. 51% of the nodes in the network must agree on the global status of the network in order to reach a consensus.

Mar 27, 2025

How blockchain is revolutionizing cybersecurity

The decentralized, consensus-driven and lack-of-trust nature of blockchains makes them inherently resilient to attacks.

Mar 26, 2025

The future development of blockchain technology, what are the main advantages?

Blockchain can provide a better solution. Not only can blockchain record past and present transactions that occur, it can also be used to register and transfer copyright registrations, whether digital or physical works, if desired.