Tag Archives: Blockchain Infrastructure

A new type of cryptocurrency called Grounder Coin is looking to be the first digital currency that can be used in space.Grounder Coin: Bringing the Planets Together?This raises a lot of questions. Have scientists discovered aliens that Earth people are now looking to do business with, and we think a universal form of crypto that will allow people and those aliens to pay for goods and services is the answer?Well, not exactly. As time progresses, more time has been put into colonizing other...

Governments across the world initially adopted a policy of ignorance toward cryptocurrency. This was perhaps because of the misguided notion that cryptocurrency was a passing fad that would go away. Over a decade later the crypto industry is large and booming with a total market capitalization of about $250 billion USD. This is still a long way off the record highs of early 2018 but is remarkable nonetheless.At the height of the ICO boom, the industry attracted tens of millions in investor...

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,...