Blockchain

Solana – Wallet Creation and Sending Tokens

Reading Time: 4 minutes Solana is an open-source project implementing a new, high-performance, permissionless blockchain. It is also the most performant permissionless blockchain where a network of 200 physically distinct nodes supports a throughput of more than 50,000 transactions per second. Solana has innovated a mempool-less transaction forwarding protocol. A mempool is a set of transactions that have been submitted to the network and are yet to be processed by the Continue Reading

All You Need To Know About Bitcoin

Reading Time: 3 minutes Bitcoin ,Want to know about ? So you have to right place , you will get all you need to know about Bitcoin. You will get all your answers what is bitcoin? From where it came? And how it works? It is a peer to peer payment system developed by “Satoshi Nakamoto” in the year 2009. It is a decentralized currency, which means there is Continue Reading

What is Blockchain Technology ? Introduction to its Components and Architecture

Reading Time: 3 minutes Introduction to Blockchain In the last two decades, the internet went through a lot of transformations. Internet has the ability to safely transfer or receive money, because of Blockchain Technology and its components Online transactions became the next big thing. Online transactions involve 3 parties: a Sender, a Receiver, and the middle party through which they make the transaction, which in most cases is a Continue Reading

BLOCK-CHAIN : AN INNOVATIVE TECHNOLOGY

Reading Time: 3 minutes Since the beginning of Block-Chain, it has become a hype in the field of technology. In November 2008. A Block-chain is an innovative technology which has emphasised the networking marketing very fast. What is BlockChain ? Blockchain technology is a series of data blocks that are cryptographically chained together. Each block contains a cryptographic hash of previous block and the timestamp (when the block created) Continue Reading

Private Blockchain Benefits: Explained!

Reading Time: 2 minutes Private Blockchains are reserved and authorization-based as opposed to public Blockchains (such as Ethereum and Bitcoin). This concept of private Blockchain assumes that an organization or an entity must get an invite to join the private network. It is a secure and locked ecosystem where only invitees/members are allowed access. Private Blockchains are impeccable for building a closed B2B transactional network among a few business Continue Reading

Embrace Blockchain for Business Transformation

Reading Time: 10 minutes While some industries introduced Blockchain in their business model at a very initial level, some are still struggling with determining the role of the technology in their domain and in the types of funding that they can receive. Let’s take a walkthrough of industries that have been revolutionised by this technology and their impact received, followed by the type of industries most expected to answer Continue Reading

History of Blockchain: A Brief Overview of Three Generations

Reading Time: 3 minutes What started as an infrastructure underlying Bitcoin cryptocurrency, Blockchain technology has emerged as an actual game changer While introducing new possibilities and applications now and then the technology, has gained its own share of hype and scams.  Because of this, various Entrepreneurs and developers are still confused regarding what would be the real impact of Blockchain technology on the economy. They are still doubtful about Continue Reading

Do you know Ethereum, Smart contracts with Solidity?

Reading Time: 2 minutes Solidity is an object-oriented programming language for writing smart contracts on various blockchain platforms, most notably Ethereum. Ethereum Ethereum is an open-source, blockchain-based software platform. It has its own cryptocurrency called Ether. It enables the creation of smart contracts and decentralized applications, known as dapps. In addition, Ethereum is also a programming language that is executed on EVM. In simple words, Ethereum is “codify, decentralize, secure, and trade Continue Reading

Polkadot.js API for blockchain development (Part 2)

Reading Time: 3 minutes Hello Readers!! In the previous blog, we read about what is Polkadot.js and how to install it, So now we will see how we can use it by creating its instance. So Lets start! We have the API installed. We have an understanding of what will actually exposed. And how the API knows what to expose. So let’s create an actual API instance, Providers Focusing Continue Reading

Polkadot.js API for blockchain development

Reading Time: 3 minutes The API provides application developers the ability to query a node and interact with the Polkadot or Substrate chains using Javascript. Hello Readers, today we will see what is a polkadot.js API. These sections should provide you with all the information needed to install the @polkadot/api package, understand the structure of the interfaces and allow you to start using it. For existing users this really should be Continue Reading

Substrate’s Smart Contracts vs. Runtime Development

Reading Time: 3 minutes This article gives a brief overview of the different ways to implement smart contracts for Substrate-based blockchains. It also aims to provide insight on reasons for choosing smart contract development over runtime development for your on-chain logic and business development. Substrate provides two smart contract virtual machines which can be added to your runtime. Each come with additional tools to ease development depending on your Continue Reading

Evolution of Ethereum followed by Bitcoin

Reading Time: 4 minutes Decentralised currency, digital currency, and peer-to-peer money all refer to bank-free methods of transferring wealth or ownership of any other commodity without needing a third party such as Banks. Bitcoin: Bitcoin is a consensus network that enables a new payment system and completely digital money. It is the first decentralized peer-to-peer payment network. From a user perspective, Bitcoin is pretty much like cash for the Continue Reading

Knoldus Inc a Top Ranked Blockchain Development Company, according to DesignRush

Reading Time: < 1 minute Knoldus Inc. has been recognized among the Top Blockchain Development Companies in USA and Canada in 2021 by DesignRush Marketplace. DesignRush is a reliable online guide to finding the best professional companies and agencies categorized according to vertical and area of expertise. After evaluating and analyzing Knoldus’ performance with some of the most prominent brands in the US and Canada, DesignRush gave Knoldus a spot Continue Reading