Proof-of-Stake is a method to achieve a distributed consensus. It makes it possible to secure a blockchain by providing the right economic incentives to push for honest transaction validation. It is an alternative to the Proof-of-Work used on Bitcoin. What are the specific features of the Proof-of-Stake? The Proof-of-Stake (PoS) replaces a mechanism based on […]
What is decentralized finance (DeFi)? There’s no escaping it: the phenomenon of Decentralized Finance, or DeFi, is sweeping the world. For some, it’s the future of finance, nothing more, nothing less. For others, it’s a freewheeling financial system that offers as many guarantees as a ship set adrift. In fact, what is sometimes referred to […]
Can a digital asset be unique, indivisible and valuable? Cryptokitties, Etheremon or Decentraland are cryptoassets projects based on the concept of non-fungible tokens. Coinhouse has a look at this new concept to understand its uses, the utility of these tokens and their possible future applications. Fungibility: why, how? Fungibility is defined as an asset that […]
What is blockchain? Since 2017, blockchain has often been put forward as the miracle solution to all the world’s ills. At that timeThe hype was at its height, and blockchain projects were springing up by the thousands, driven by the ICO phenomenon. However, many people talk about blockchain without really understanding what it’s all […]
The Proof-Of-Authority (PoA) is a consensus method that gives a small and designated number of blockchain actors the power to validate transactions or interactions with the network and to update its more or less distributed registry. It works as follow: according to the chosen scheme, one or more validating machines are responsible for generating each […]