While artificial intelligence has dominated headlines in recent months, there’s another innovative technology whose possibilities have intrigued industry experts for some time now: blockchain. These ...
Staff writer Mark Hooson has been a journalist within the personal finance, consumer affairs and fraud sectors for more than 10 years. He is also Forbes Advisor UK’s resident tech expert. Mark says he ...
An independent blockchain acting in concert with Bitcoin, Ethereum or other major chain, which retroactively became known as "Layer 1 chains" or "main chains." Layer 2 chains process new transactions ...
It’s fun to talk about nonfungible tokens, or NFTs, because they are the perfect example of how the impact of blockchain technology in people’s lives goes way beyond the financial market. As we could ...
Blockchain technology could facilitate quicker, cheaper financial transactions with added security. Smart contracts on the blockchain can automate and speed up financial processes like claims and ...
Hard forks create new blockchains that exist alongside the original, often enhancing security or functionality. Investors should track hard forks in cryptocurrencies they own, as they may receive new ...
With regard to blockchains such as Bitcoin and Ethereum (until September 2022) that use a proof-of-work (PoW) consensus mechanism, validators are computers dedicated to maintaining a blockchain's ...
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