Author: Samuel Attah

In the crypto space, Bitcoin, and Ethereum often settle every transaction on their network. Crypto natives described them as layer 1 chains. An effort to expand this chain to fulfill the full scalability feature of blockchain while maintaining transparency, speed, and decentralization led to the genesis of a layer2 scaling solution. The scaling problems on a blockchain occur when the amount of data that passes through the blockchain ledger hit some limits. This often happens when too many transactions happen simultaneously and it is usually caused by insufficient computational resources that the blockchain in question faces. So to allow more…

As an active digital asset trader, part of your goal is to find means that can help you perfect your profit. Due to the volatility of bitcoin and other altcoins, many analyses have been developed for traders to take advantage of. When you can take advantage of the rise and fall of cryptocurrency prices, you won’t be caught unawares by market trends. Tracking price movement trends is a good analysis for trading cryptocurrency. Let’s discuss the time frame analysis Time Frame: what is it? The time frame analysis allows digital asset traders to know the price trend of the digital…

The ongoing World Cup in Qatar has taken a unique turn from previous competitions as it has synergized with the blockchain industry. Blockchain technology, although nascent, has gradually seen an increase in mass adoption especially in sports. This has first been explicitly explored through the issuance of fan tokens. Following this, different projects have been launched on blockchain technology in collaboration with the sporting world. An example of this is Binance’s partnership with the football legend Cristiano Ronaldo. Leveraging blockchain technology, sports enthusiasts can get to earn from World Cup matches just as gamblers get to earn from these matches…

The FTX emergency has left numerous crypto clients thinking about how they ought to store their crypto resources. Although major crypto firms rushed to declare they were not influenced by the debacle, it is still not clear how far the FTX virus will spread. Related post: Crypto investor’s confidence severely shaken by FTX catastrophe This is the reason why crypto users ought to truly think about keeping their resources in self-guardianship. Different from custodial wallets, cold wallets put sole liability on you. You’re fully in charge of your assets, no crash or mismanagement by any firm can affect you. Cold…

There are different types and use cases of cryptocurrencies. Over the years, there have been several innovations in the crypto ecosystem. Even now, there’s still room for new ideas as Blockchain technology is still emerging. One of the best things to happen to crypto is deflanatory tokens and defamatory mechanisms. What are deflationary tokens? Deflationary tokens are tokens that reduce supply over time. Such tokens usually have a plan or method of reducing supply that is publicly known. Such a plan to reduce a token’s supply over time is called a deflationary mechanism. How is a token’s…

The notion of security in the blockchain space has been subject to a lot of doubt in recent times, doubt which has been fuelled by the high number of hacks and attacks that have taken place in the crypto space in 2022. The crypto space in 2022 has been riddled with different forms of attacks that have led to the loss of a significant amount of funds by the attacked firms or industries. As reported by chainalysis, in the first quarter of 2022, hackers carted away over $1.3 billion from exchanges, platforms, and private entities with a significant number of…

Whitelists provide you with secured access to purchasing NFTs at a cheap rate. You may have heard of individuals flipping NFTs for immense profits. The key to maximising your flip is to shop for low and sell high. Within the NFT house, one among the most effective ways in which to shop for low cost is to buy or mint the NFT as soon as it is released or dropped on the project’s website to avoid price hikes after it reaches secondary marketplaces. Here are the basic steps to get yourself on whitelist: 1. Identify an honest project early A…

Luna The crypto market has been in a consistent bearish mode for the past few months. Lots of investors have lost a significant amount of their holdings due to this bearish market. We’ve seen BTC plunging to its lowest point since 2020. This is after the most recent highlight of this bearish market, LUNA. LUNA fell from Its all-time high of US$119 and at the time of this writing, it’s at US$0.0001346. This is regarded and termed as one of the greatest liquidations of all time. According to Coinmarketcap, the entire crypto market has a market capitalization of $1.2 trillion,…

According to a United Nations report, the internet is a basic need. However, only 18% of Africans have access to it. As stated earlier, access to the internet in Africa is low and sub-optimal. The following reasons can be linked to the causes. Penetration To make the internet available in a particular rural area, there is a need to build telecom masts where there is a high connection rate. It could take decades and a huge amount of money to do this in every nook and cranny of most African countries. This limits internet connection in most rural communities. Current…

The hours in February 23rd to 25th have been quite eventful in the crypto space. In the wake of the Russia-Ukraine Crisis, Bitcoin price dipped well below $35,000 with analysts and crypto enthusiasts fearing it could hit as low as $30,000. Following the attack on Ukraine by Russia’s President, Vladimir Putin, cryptocurrencies suffered loss of strength with major indicator, Bitcoin falling to $34,626, a far cry from its $39,000 stance just a day before. However, the crypto market has bounced back quite well as most indexes are now green. During the time of writing this article, Bitcoin was trading at…