What are Consensus Mechanisms in Blockchain? 10 Novel Types with Examples
Consensus Mechanisms are different ways to verify blockchain transactions by running it through multiple validators each of whom verifies them individually.
Dhirendra Das
Dhirendra has spent more than 5 years in the field of cryptocurrency since 2018 when he first started Litecoin Mining. He has an MBA in Finance and Marketing which establishes his domain authority.
What are Testnets
A testnet is a replica of the mainnet with reduced security and reduced network capacity meant to simulate the mainnet for testing purposes.
What is Sharding in Blockchain?
Sharding is the process of breaking a blockchain's total no. of validators into smaller groups called "Shards". Each shard has its own unique set of validators.
Finality in Blockchain
Finality refers to the situation where a blockchain transaction is permanent and cannot be reversed. For Bitcoin, the blockchain finality is after 6 blocks.
Mining Difficulty in Blockchain: Formula, Adjustment and Usage
Difficulty is the computational effort required to find the nonce value of a transaction in a blockchain.
Does Ledger Wallet Support Shibarium?
Shiba Inu to USD Calculator
This is the calculator which converts Shiba Inu to USD.
What is Shiba Inu? Tokenomics, Fundamentals, Shibarium, Burning, FAQs in 2024
Shiba Inu is a meme coin created by the pseudonymous developer Ryoshi as a response to Dogecoin.
What is a Blockchain? History, Evolution and Concepts in 2024
A blockchain is a set of blocks each of which records details of several transactions. Together, it creates a distributed ledger that is nearly immutable.