Which one to choose for blockchain development; GO or PYTHON? Blockchain programming languages are essential to organizations and sectors because they allow them to fully use the potential of blockchain technology. At the moment, digital voting, financial markets, supply chain management, gaming, decentralized finance, and medical records all use it. Businesses and private individuals alike are eager to adopt blockchain technology to improve communication, security, and transparency. Because there are so many possible uses for this advanced technology, there is a growing need for people with knowledge and expertise in blockchain programming languages. What are the most popular and extensively…
Author: Meghamala
Meghamala
Meghmala is a freelancer content writer. She likes learning about cryptocurrencies. She joined CryptoTechTimes to pursue her love of writing. Apart from writing, she is currently enrolled in a master's degree in clinical psychology.
Ethereum Solidity vs RSK RSKScript: Smart Contract Development In 2016, the RSK project began as a fork of the Ethereum codebase, and it underwent two years of development until its official introduction in 2018. Precompiled contracts, new opcodes, and important data structures were added or upgraded during those years. As the RSK community has always prioritized Ethereum compatibility, the majority of changes remain undetectable to users and developers. RSK and Ethereum are viewed by developers as twin brothers. Next, RSK use language similar to Ethereum to ensure user interface consistency; the primary distinction is the unit of account, which is…
Understanding Tokenomics. A beginner’s primer on supply and demand of cryptocurrency WHAT IS TOKENOMICS? The terms “token” and “economics” are combined to form the term “tokenomics,” which describes the supply and demand dynamics of a cryptocurrency project. It considers a cryptocurrency token’s supply, demand, distribution, properties, and other economic aspects. On the other hand, cryptocurrency projects have token issuance timetables that are predetermined and generated using algorithms. We are able to forecast with precision how many coins will be in use at any given moment. Additionally, the allocation of coins to different stakeholders is premeditated. The issue timetable and distribution…
In this article we put forth our price predictions of DOGECOIN and SHIBA INU. DOGECOIN PRICE PREDICTION 2023: The meme coin known as Dogecoin began as a joke in 2013 and has now grown to have an all-time high (ATH) of $0.7376 and a total worth of over $80 billion. The currency has dropped 92% since then. Despite not being designated as a security by the SEC, Dogecoin is currently down 16.09% from its closing on the day the SEC announced its litigation. The good news for Dogecoin, though, is that Dogecoin is Proof-of-Work (PoW), while Gary Gensler, the head…
A Comparative Analysis of Bullish and Bearish Market trends. WHAT IS BULLISH TREND? In the financial markets, the word “bullish trend” implies a favorable or upbeat view for the market or a specific asset, such as stocks or cryptocurrency. When there is a bullish trend, buyers outweigh sellers and the market or asset is steadily increasing in value. Higher stock or cryptocurrency prices, more trading volume, and an upbeat attitude among investors are frequently the outcomes of this. Numerous factors, such as robust profit growth, a bright economic outlook, and supportive government policies, might impact the optimistic trend. The price…
In 2022, a few crimes decreased following years of steady increases. Must we give crypto credit? WHAT ENABLES CRYPTO CRIMES? Ransomware, DDoS extortion, cryptojacking, and crypto theft are the four main forms of cybercrime that primarily depend on—or completely require—the usage of cryptocurrencies like Bitcoin, Ethereum, and Monero. For example, ransomware is typically made possible by cryptocurrencies. Usually, the data in question are encrypted with malware, which the con artists promise to decrypt once the victim pays a ransom. Via cryptocurrency payments, criminals may remain anonymous and untraceable. (In the more popular “double extortion” version, criminals further threaten to make…
Understanding how Institutional Investors impact the crypto market. Rise Of Institutional Investors Impact the Crypto Market : Institutional participation in the cryptocurrency market has increased significantly in recent years as businesses and organizations come to understand the potential and importance of Web3 and cryptocurrency. The crypto landscape is being shaped by a number of notable trends and innovations that have emerged as a result of this increase in institutional engagement. The increasing acceptance and acknowledgment of cryptocurrencies as respectable financial assets is one of the main causes for the increase in institutional participation in the market. In an effort to…
In this article, we show why you should build on the Polkadot network. What is Polkadot? A network of specifically designed blockchains may be connected using the next-generation blockchain protocol Polkadot, allowing for smooth operation even on a big scale. Polkadot opens doors for a wide range of practical use cases by enabling data transmission between several blockchains. Blockchain technology has already shown promise in a number of areas, including online decentralization, finance, governance, identity management, and asset tracking; yet, due to design flaws in the majority of prior and current systems, its general adoption may be hampered. With respect…
How Polkadot may help with scalability and interoperability problems related to Web3 gaming. What is polkadot? Polkadot is described as a “heterogeneous multi-chain technology” on its official website. In essence, it is (or rather aims to be) a blockchain that serves as a bridge between several other blockchains. It is intended to address some of the main issues preventing blockchain technology from being widely used in the real world. Polkadot is still in the planning stages, with a fourth-quarter 2019 debut date planned for its Genesis block. The fundamental concepts of Polkadot’s structure are composed of three phrases that are…
Polkadot Staking: Using DOT Tokens to Earn Passive Income What is Polkadot staking? Staking is important in the Polkadot network because it allows players to contribute to the security and validity of the blockchain while collecting incentives. Polkadot employs a Proof-of-Stake (PoS) consensus mechanism, as opposed to standard Proof-of-Work (PoW) systems such as Bitcoin. Validators in PoS are selected based on the quantity of tokens they own and are prepared to “stake” as collateral. Staking helps to secure the network by providing validators with a financial incentive not to act maliciously. How to stake for DOT tokens? A few prerequisites…