Comparing Private vs. Public Blockchain
The internet changed our world by breaking down barriers and making instant communication possible. Now, blockchain, built on the foundation of the internet, is taking things a step further, offering a more secure and decentralized digital landscape. If the internet is like a global village—open to everyone, anytime, with no borders—blockchain acts as the security […]
What Is Cryptography and How Does It Work in Blockchain?
You might have heard of cryptography in the context of securing online communications or protecting personal information, but its applications go far beyond that. At its core, cryptography is a method used to safeguard information by converting it into an unreadable format—making it accessible only to those with the correct decryption key. Whether it’s securing […]
What Is Data Encryption and How Does It Enhance Security?
Key Takeaways: Data encryption is the process of converting readable data into an unreadable format using an algorithm and a key. This helps sensitive information remain secure and inaccessible to unauthorized parties. Only individuals or systems with the correct decryption key can reverse the encryption process and convert the ciphertext back into its original readable […]
Hashing vs. Encryption: What’s the Difference?
Hashing and encryption are two fundamental processes in maintaining data security. As the volume of sensitive information shared and stored online continues to grow, safeguarding personal and organizational data has never been more critical. With the increasing frequency of data breaches, identity theft, and cyberattacks, protecting data isn’t just important for technical security, but also […]
What Are Smart Contracts on Blockchain?
What Are Smart Contracts? Smart contracts are self-executing contracts with the terms of the agreement directly written into code. These contracts automatically execute when predefined conditions are met, eliminating the need for intermediaries. Stored on a blockchain, they are immutable and transparent, meaning that once the contract is deployed, it cannot be altered, and all […]
What Is Distributed Ledger Technology (DLT)?
Key Takeaways: Distributed Ledger Technology (DLT) is a decentralized system that records and verifies transactions across multiple computers in a network. Unlike traditional databases, distributed ledgers have no central data store or administration functionality. In a distributed ledger, data is stored across a network of decentralized nodes, making it more secure and less susceptible to […]
Key Themes from Rare Evo 2024: A Blockchain Event
Rare Evo 2024 served as a dynamic convergence point for visionaries, practitioners, and thought leaders in the blockchain and Web3 space. The conference highlighted the critical need for innovative solutions to tackle the pressing challenges of privacy, trust, and scalability in an increasingly decentralized world. By bringing together industry pioneers, the event emphasized the urgency […]
How to Ensure Privacy and Security in dApps
Decentralized applications, commonly known as dApps, differ from traditional applications in their development and operation. Built on decentralized technologies like blockchain, dApps offer enhanced security, greater transparency, user empowerment, reduced reliance on intermediaries, and improved accessibility. These advantages position dApps as secure, transparent, and user-centric alternatives to traditional applications. dApps serve a wide range of […]
Building Trust Within Open Source Software
Key Takeaways: Open source software relies on trust to ensure code integrity and security. However, bad actors can exploit vulnerabilities or introduce malicious code, breaking user trust. Open source benefits from transparency, allowing for extensive peer review. This can identify and fix vulnerabilities, ultimately strengthening security. Verifying the identity and intentions of contributors in the open-source community is […]