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Decentralization

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Decentralization

Smart Contracts - Speed & Convenience

2 min Sallyanne Atieno Bio Pic Sallyanne Atieno

Cardano has been known to achieve 250 Transactions Per Second (TPS) with plans to grow this number much higher. The 250 TPS simply means the number of transactions that get to be processed on the blockchain each second. This number compares very favorably to other popular networks: Ethereum, for example, is currently at only 30 TPS, which leads to network congestion and high costs for users.

The birth of Smart Contracts was back in 2014, when Charles Hoskinson and others launched the first 2nd generation blockchain, Ethereum, which brought a programming language to blockchain. The ability to run any computer programing logic on the blockchain made smart contracts possible. A Smart Contract works by embedding the involved parties’ terms and…

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Decentralization

Dapps on Cardano - A Unique Approach

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In previous articles, we learned that DApps are just “Apps” that allow people to use blockchain Smart Contracts through a friendly user interface. We…

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Decentralization

DApps in the Real World: Present and Future

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It’s not always clear what it means to “build on the blockchain” or which parts of a product or service will live on on…

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Decentralization

Introduction to Decentralized Applications

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Blockchain networks are a new technology with the potential to change the way we organize work, manage trust and risk, and guard value. Smart…

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Decentralization

DeFi: Financial tools for the future!

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What is DeFi?

DeFi (Decentralized Finance) refers to peer-to-peer financial instruments built on a blockchain network. Blockchain networks like Bitcoin and Cardano introduced…

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Decentralization

The "D" Words

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DeFi (Decentralized Finance)

DeFi refers to all the monetary functions and applications that use blockchain technology. This includes digital money itself, like Bitcoin and…

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What's the Deal with Decentralization+
Decentralization

What’s the Deal with Decentralization?

4 min Stephanie E King Bio Pic Stephanie E King

Decentralization simply means there is no central source of truth or power - and conversely, no single point of weakness.

In a blockchain network,…

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