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Articles by Bhavani Vangipurapu
Page 5 of 5
What Is a 51% Attack, and How Much Would It Cost?
If you're like most people, you don't really understand what a 51% attack is. After all, it's not something that you or your average person experiences on a daily basis. In this article, you will explore what is 51% attack and how much would it cost. What is a 51% attack? A 51% attack is a potential attack on a blockchain−usually Bitcoin's, Greencoin's or Ethereum's−where an organization or individual gains control of more than 50% of the network's mining power or computational power. With this much control, they could theoretically − Reverse or modify transactions Prevent new transactions from ...
Read MoreWhat is a 401k plan and how does it work?
401 K plans are retirement savings accounts that are offered by employers, typically ()in the United States. This article is a basic introduction to 401 ks and how they work, with sections on what they can be used for and who they're available to. It allows you to set aside money for your future. The money that you contribute to your 401k plan is deducted from your paycheck before taxes are taken out. This means that you will pay less in taxes now, and you will have more money saved for retirement. Your 401k plan will also offer you ...
Read MoreWhat is the 0x protocol?
The 0x protocol is a decentralized exchange that allows for the buying and selling of Ethereum−based tokens. The article goes into detail about how this process works as well as how it benefits individuals who are looking to invest in cryptocurrency. What is 0x? 0x is an open−source protocol that enables the peer−to−peer exchange of assets on the Ethereum blockchain. The protocol is designed to be modular and extensible, and it features a decentralized exchange that is powered by smart contracts. 0x is free to use and it does not require a central authority. The protocol can be used to ...
Read MoreWhat is a shielded transaction?
A shielded transaction is a type of cryptocurrency transaction that uses Zcash's zk−SNARK protocol to keep the sender, receiver, and transaction amount private. This article will explain how shielded transactions work and why they are useful. What is a shielded transaction? When it comes to cryptocurrency transactions, there are two main types − unshielded and shielded. Unshielded transactions are the more common of the two, and they work just like regular fiat currency transactions. Shielded transactions, on the other hand, offer more privacy and security. However, shielded transactions come with a few trade−offs. First, they're much more complicated to set ...
Read MoreWhat is a decentralized API?
In the traditional web development model, a single server hosts all of the resources that an application needs to function. However, this model has a number of drawbacks, which have led to the development of decentralized APIs. In this article, we'll take a look at what decentralized APIs are and how they can be used to improve the web development process. What is an API? An API is an interface that allows two pieces of software to communicate with each other. It is a set of rules that govern how data is exchanged between the two systems. An API can ...
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