BLOCKCHAIN TECHNOLOGY

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  • China claims that 84% of global patent applications are for blockchain technologies

    China claims that 84% of global patent applications are for blockchain technologies0

    Despite the country’s ban on cryptocurrencies, China’s Ministry of Industry and Information Technology (MIIT) stated on Tuesday in a news conference that the nation accounted for more than 84 percent of the world’s blockchain patent applications. The MIIT did not, however, cite the source of its information on worldwide blockchain patent applications. According to Wang

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  • Limitations Of Blockchain In Gaming Industry

    Limitations Of Blockchain In Gaming Industry0

    Although blockchain technology has expanded the gaming landscape, it still faces several obstacles that must be solved. Some of them consist of: Scalability Blockchains have a reputation for being significantly slower than centralized networks, which may hinder games from being widely embraced. Lack Of Adoption  Despite the availability of hundreds of blockchain games, there is

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  • How blockchain is impacting the gaming world

    How blockchain is impacting the gaming world0

    Real ownership As previously mentioned, blockchain-based games enable users to permanently own and fully control all of their in-game possessions. Every asset is typically represented by a special, non-fungible token (NFT), like the ERC-721 tokens. A few examples of the assets are in-game cards, skins, items, and characters. However, all asset types can be connected

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  • Introduction: Gaming Industry Today And Blockchain

    Introduction: Gaming Industry Today And Blockchain0

    The blockchain ecosystem is rapidly expanding, affecting an increasing number of people every day. While the technology is mostly employed in bitcoin networks, it also enables new solutions in a variety of industries. The great majority of online games today use a centralized paradigm. This means that all connected data is saved on a server

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  • Co-Founder and CEO of Solana ($SOL) researches Blockchain Performance and Reliability

    Co-Founder and CEO of Solana ($SOL) researches Blockchain Performance and Reliability0

    Anatoly Yakovenko, Co-Founder and CEO of Solana Labs, which creates the Solana ($SOL) blockchain, discussed the challenge of providing both high performance and great dependability in a recent interview with Real Vision. According to The Daily Hodl, Yakovenko stated in an interview (recorded on August 22 and published on September 2) with Raoul Pal, Co-Founder

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  • Understanding Proof of Work In Blockchain

    Understanding Proof of Work In Blockchain0

    As the first consensus algorithm for a blockchain, Proof of Work(PoW) is considered the gold standard. The transaction is confirmed and a new block is added to the chain using the algorithm. This algorithm pits a number of users (called “minors”) against one another in a race to finish the transaction on the network. What

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