Proof of Burn (PoB) is an algorithmic consensus mechanism on the blockchain network. The mechanism allows miners to eliminate or burn a portion of their coin rewards to generate new blocks. In other words, it’s a deflationary mechanism that reduces the number of cryptos in circulation. …

Enjin, a leading ecosystem that provides interconnected blockchain-based gaming products and NFTs, announced the launch of the first NFT parachain on Polkadot. — More details can be found at: https://enjin.io/news/efinity-polkadot-launch Efinity is custom-built to boost NFT adoption, simplifying user experience for digital asset management, and making the Metaverse easily accessible. It is a dedicated blockchain that’s infinitely scalable and decentralized.

Blockchain will be pushing the gaming industry to new heights. I recently read a couple of articles on Cointelegraph and CoinDesk about how several game developers use blockchain to build high-end gaming experiences. …

Business owners are keen on leveraging available technologies to improve on their businesses and brand processes. The disruptive blockchain technology has become a constant digital feature recognized for providing a more robust, secure, and decentralized modality. That being said, whether you want to upgrade an existing business or you want…

After launching the mainnet community in April 2019, Binance announced a parallel blockchain project known as the Binance Smart Chain, which went live in September 2020. This debut announcement would allow Binance users to deploy smart contract decentralized apps for DeFi protocols easily. This article will explore the many innovative…

The global demand and surging growth of NFTs is showing no sign of slowing down following a massive boom of the DeFi ecosystem. The first quarter of 2021 had barely passed, and we’d already seen an explosive amount of over $22 billion in NFT market cap as of the time…

Bitcoin halving is the process of reducing into half the issuance rate of new bitcoin units to be generated. Precisely, it refers to the quadrennial (occurring every four years) halving event that cuts into half the ‘block rewards’ given to the miners for validating Bitcoin transactions. …

DeFi lending, a subset of DeFi ecosystem is gaining traction and becoming one of the most-discussed topics in the DeFi-cryptocurrency community. A quick look at the DeFi Pulse website gives an insight into how big projects built on DeFi platform have grown and tend to move for the foreseeable future. …