Blockchain transaction: what is it and how does it work? A transaction is an exchange of information or assets between network participants. In the context of a blockchain, a transaction is a record of the transfer of cryptocurrency from one address to another. Transactions are the basis for the functioning of blockchain systems and ensure the security and transparency of operations. How do blockchain transactions work? In the blockchain, each transaction consists of the following elements::

Cryptocurrency Faucet is a website that distributes a small amount of cryptocurrency in exchange for performing simple actions. This can be viewing ads, solving captcha tasks, or other tasks. How do cryptocurrency faucets work? The user registers on the site and receives a certain amount of satoshi (the smallest unit of the Bitcoin cryptocurrency). The user then performs the tasks that thesite offers. For example, viewing an ad or entering a captcha. For each completed task, the user receives

A sidechain is an additional blockchain that is linked to the main blockchain. Sidechains are used to expand the capabilities of the main blockchain and improve its functionality. They can be useful for various purposes, such as: Increase the network bandwidth. The sidechain can process more transactions per unit of time than the main blockchain. This allows you to speed up the transaction processing process and reduce transaction fees. Improved privacy. The sidechain can use more advanced

The value extracted by miners, or MEV, is the profit that miners or other network participants receive by optimizing transactions and changing the order in which they are processed on the blockchain. MEV can be either legal or illegal. Legitimate MEV involves optimizing transactions to improve efficiency and reduce transaction fees. Illegal MEC is associated with manipulation and fraud, for example, using bots to get ahead of other network participants and get more profit. How does MEV work? To

A masternode is a special node in the blockchain network that provides additional functions and services. Masternodes are used to ensure network security, speed up transactions, and provide other services. How masternodes work: They keep a full copy of the blockchain on their server. This allows them to quickly verify transactions and ensure the security of the network. Masternodes support the network even if there are no other nodes. If most nodes fail, the masternodes will continue to

Appchain is a blockchain network designed to develop and run decentralized applications (dApps). Appchains allow developers to build and run their applications based on the blockchain, providing them with security, transparency, and reliability. Key features of appchains: Decentralization. Appchains operate on the basis of a distributed network of nodes, which ensures their resistance to censorship and attacks. Security. Blockchains use cryptographic algorithms to protect data and

A market maker is a participant in the market who provides liquidity by buying and selling assets. Their role is crucial in maintaining price stability by ensuring that there are enough buyers and sellers to meet market demand. An Automatic Market Maker (AMM) is an algorithm that automatically creates liquidity on decentralized exchanges. It uses mathematical formulas to determine the price of assets based on supply and demand, allowing traders to exchange assets without having to find a

Modular blockchain is a type of blockchain in which the system is divided into several modules, each of which performs its own function. This allows you to improve the scalability, flexibility, and reliability of the system. Here are the main advantages of a modular blockchain: Scalability: Modules can be added or removed depending on the needs of users. This allows the system to adapt to changing conditions without having to rewrite the entire code. Flexibility: Modules can be developed using

Ledger is a hardware wallet that is used to store cryptocurrency. It is a small device, similar to a flash drive, that connects to a computer or other device via a USB port. Types of Ledger Hardware Wallets Ledger Nano S: This is the most popular and affordable Ledger hardware wallet. It supports more than 1000 cryptocurrencies and has a simple and user-friendly interface. The Ledger Nano S is small in size and weight, so it is convenient to carry around. Ledger Nano X: This is a more advanced

Ethereum ETF: What it is and how it affects the cryptocurrency market An ETF (Exchange - Traded Fund) is an exchange-traded investment fund that is traded on a stock exchange. An ETF allows investors to invest in various assets, such as stocks, bonds, or cryptocurrencies, without having to buy these assets directly. What is an Ethereum ETF? The Ethereum ETF is an investment tool that allows investors to invest in the Ethereum cryptocurrency through the US stock market. This makes investing in