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Proof Of Importance

Proof of Importance refers to the blockchain consensus algorithm used by NEM network. The mechanism is responsible for determining which nodes on the network are eligible for adding the next…

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centalization

Centralization

Centralization refers to a system where the authority is concentrated in the hands of selected few. The decision for the whole community is decided by these selected few, who might…

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Block Reward

Blocks are the fundamental building elements in Blockchain technology. They act as the store for distributed ledgers and transactions on the network. The process of transaction verification is called mining,…

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Bitcoin Bubble

Bitcoin Bubble

Bitcoin, the pioneer of cryptocurrencies exploded to new price high of $19,000 in December 2017. This prompted many self-proclaimed analysts and experts to declare Bitcoin as the hottest asset which…

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