Although the price of bitcoin fell recently, it has still managed to be one of the best performing financial assets of the year. The cryptocurrency has managed to have an amazing year in general, reaching all-time highs twice during the year.
Over the year, the cryptocurrency first reached an all-time high during the Spring, when it was selling for almost $64,000, followed by another all-time high of Fall, with over $69,000. The cryptocurrency managed to perform better than assets such as the US benchmark index, S&P 500 as well as gold.
Recently, Arcane Research published findings, which saw that the year-to-date performance of the largest cryptocurrency in the market, BTC, managed to be almost a 73 percent increase. Compared to other assets in the financial industry,

The dream of every borrower is to get loans without collateral and Flash loans in DeFi allow you to fulfill that dream. If you’ve been denied a loan application for lack of security, you’ll understand the accompanying frustrations. Some of the traditional financial institutions can be hardcore when it comes to loans. But who needs the headache when you can leverage the power of DeFi to hit the ground running.The emerging DeFi sector eliminates the hassles of traditional banking. With this new entrant called “flash loans,” enthusiasts of digital finance are constantly making quick profits every day. But what exactly is a flash loan?Flash loan is a system that allows users to lend and borrow cryptocurrencies on a small amount of interest. One main feature of Flash Loan is that you can get it

When Bitcoin was launched in 2009, people hardly knew anything about blockchain, let alone Decentralized Applications (aka DApps). However, when Ethereum was rolled out, things started changing and took a whole new direction as it provided a platform where pretty much everyone was allowed to conceive an idea, code the logic and deploy a DApp in a matter of days.Just to give you a clue of what we are about to discuss, please note that every venture built on the Ethereum network, using its ERC20 protocol, is essentially a DApp. But it is worth mentioning that as of now, Ethereum is not the only platform providing this functionality, and we have a variety of other competitors as well, including (but not limited to) EOS, Tron, Steem, and Centrality. I referenced Ethereum only because it is

The blockchain is a distributed ledger, meaning that everyone running a node in the network has this ledger stored on his local machine. This ledger contains all transactions that have been validated and added into a block. A transaction basically contains the information about who sent what to whom under which conditions. Storing information on the blockchain means storing information that is accessible to everyone.Cloud storage has been the go-to system previously but it has its setbacks, namely:Syncing expenses– The cloud’s pay-as-you-go model can turn out to be expensive if calculations are made in the long run despite the flexibility and lower hardware costs. Constant syncing of all users and their devices to the cloud can also lead to increased bandwidth overhead.Configuration

Everybody involved with cryptocurrencies would one day wake up and find out that cryptos are no longer a viable innovation. This is due to the traditional banking system catching up with its confirmation processes, which it is actually doing as we speak. This nightmarish prospect of hacking, theft, delays in transactions and worst, monetary losses will soon be eradicated if we consider the best technology for all cryptocurrencies – not just an alternative system.The Bitcoin scalability problem concerns the limits on the number of transactions the Bitcoin network can process. It is related to the fact that records (known as blocks) in the Bitcoin blockchain are limited in size and frequency.Bitcoin transactions can only be accommodated at the current block size of 1MB. ILCoin’s Miniblock’s