User blogs

Cryptocurrency has transformed the financial landscape, with Bitcoin leading the way as the most popular digital currency. As the adoption of Bitcoin continues to rise, the importance of secure and reliable exchanges becomes paramount. In this article, we delve into the world of Bitcoin exchange, focusing on the secure options available in Canada and the USA, with a particular emphasis on NDAX exchange. Introduction to Bitcoin Exchanges Bitcoin exchanges serve as platforms where individuals can buy, sell, and trade crypto... more

Cryptocurrency has taken the financial world by storm, revolutionizing the way we think about money and transactions. With the rise of digital assets, the need for secure and reliable crypto exchanges has become paramount. In Canada, one platform stands out among the rest - NDAX Exchange. Introduction to NDAX Exchange NDAX, short for National Digital Asset Exchange, is a leading cryptocurrency exchange based in Canada. Established in 2017, NDAX has quickly gained recognition for its commitment to security, user experience, and... more

Cryptocurrency has revolutionized the way we perceive and utilize traditional currency systems. With the rise of digital currencies like Bitcoin and Ethereum, the need for secure and reliable crypto exchanges has become paramount. In this article, we'll delve into the world of crypto exchange, focusing on NDAX Exchange, one of the leading platforms in Canada, and comparing it with its counterparts in the USA. Introduction to Crypto Exchanges Crypto exchanges are online platforms that facilitate the buying, selling, and trading... more

As a top cryptocurrency, Bitcoin has attracted not just investors but also miners. Bitcoin mining is nothing but verifying transactions before adding them to the blockchain ledger. The mining process is crucial to prevent any fraudulent activities like double-spending and keep the network decentralized. Miners use sophisticated devices like ASICs during the mining process to solve complex algorithms and validate transactions. The miner who solves the puzzle first gets paid in Bitcoin for contributing computing power. Now, let’s see... more

Within the cryptocurrency community, there has been much discussion on the heated topic of selfish mining. Basically, selfish mining is a tactic used by a miner or group of miners to boost earnings by taking advantage of flaws in the mining procedure. Some believe it is used for the best interests of the miners; however, some claim that it is a destructive force that negatively affects the crypto-mining industry. This blog aims to provide you with a detailed view of selfish mining, its working, potential threats against the blockcha... more

Scrypt, a password-based key derivation function, and a Proof of Work(PoW) consensus hash function is a highly computationally intensive algorithm that takes a long time to solve. Authorized users can operate readily, whereas a hacker would seemingly take forever to solve. That quality makes Scrypt a secure algorithm and a potential alternative to Bitcoin’s SHA-256 algorithm. Let’s explore more about the Scrypt algorithm and how it works, mineable coins, etc, in this blog. What is the Scrypt Algorithm? Developed by Colin Percival i... more