What is Quantum Computing? Quantum computing is an emerging technology that harnesses the laws of quantum mechanics in order to solve complex problems that classical computers cannot handle. Unlike the computers we use now, which use bits to represent data, quantum computers use quantum bits, also known as ‘qubits,’ to represent data. Due to a […]

Mining is a crucial part of the functioning of cryptocurrencies. Even though it has served its purpose since its creation, criticism is also levelled against Bitcoin, as the energy needed to run the network is high. Bitcoin mining involves solving intricate mathematical puzzles and adding the resulting solutions to the public ledger, which enables the […]

You may have heard the term “proof of work” in relation to cryptocurrencies like Bitcoin. Proof of work(POW) is a system that verifies transactions on a blockchain network. It’s an essential part of the network’s security and is used to prevent fraud. Blockchain Consensus is a type of consensus algorithm that is used in blockchain […]