A blockchain is a growing collection of documents known as blocks that are connected together via encryption. Each block includes a cryptographic hash of the preceding block, a timestamp, and transaction data. The timestamp demonstrates that the transaction data existed at the moment the block was released in order to be included in its hash. […]

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Aeternity Blockchain

The Aeternity blockchain is well-known for its Sofia smart contracts, Fate Virtual Machine (VM) framework, state channel scaling technologies, and its own decentralized oracle and governance system. Aeternity is intended for usage in decentralized finance (DeFi), document, contract, invoice, and receipt management, payments, loans, blockchain-based identity, Internet of Things (IoT) blockchain identities and hardware, gaming,

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Adaptive State Sharding

The Elrond Network can leverage parallel processing thanks to Adaptive State Sharding technology, which combines three standardized sharding types (state, network, and transaction sharding) into a single balanced high-performance system. As a consequence, a safe blockchain with lightning-fast scalability and transaction speeds has been created. This facilitates shard merging and shard splitting, which allows the

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Acquirer Node

Acquirer Nodes on the blockchain network assist the settlement of transactions between merchant and consumer. Customer and Merchant Acquirer Nodes are the two primary types of Acquirer Nodes. The two node types interact in order to validate merchant verification, process user settlement, and provide an escrow service that allows’s wallet and debit card

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Account Model

The account model is a blockchain architecture that allows for direct data and value transfer. Smart contract platforms, such as Ethereum, employ the account model, as opposed to the UTXO model used by the Bitcoin network, which limits smart contract possibilities. One possible disadvantage of the account model design is the difficulty in scaling transactions-per-second.

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