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Showing posts from April, 2019

Future of Blockchain Technology

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We gonna cross half a way of 2019. It's a great time for us to make some predictions about Blockchain Technology - A Key that unlocks Highly Revolutionized Digital Economy in 2020.  1.Launch of National cryptocurrencies Although some countries like China consider Bitcoin exchanges as illegal, we can expect that all governments will finally accept the blockchain-based currency as legal by 2020. This will be due to potential advantages for public and potential services. In 2018, Venezuela has launched its national cryptocurrency petro (petromoneda) that is backed by the country’s oil and mineral reserves. Gartner, a leading research & advisory company predicts that By 2020, at least five countries will issue a national cryptocurrency. You can check out the countries where bitcoin and cryptocurrency exchanes are legal and illegal here. 2. Integration of Blockchain with Governments The adoption of blockchain technology by all governments will be an unavoidable in 2020...

Blockchain Development | Bitdeal

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Blockchain is a massive technology that seems to be the one , which transforms the entire world to a better digital economy. In recent days , we may come across the word Blockchain in News , Social Media , search engines and lot more. This is because the demand for blockchain technology is going hype because of it inbound benefits. What is Blockchain Technology ? Blockchain Technology is one that supports for distributed ledger concept , thus allowing for higher data transperancy and lower chance of hacking. The blockchain technology spreads wider and faster because of its  Decentralized Nature  Enchanced Security Distributed Ledger  Consensus Algorithms  Less prone to Hacks  Immutability How Does Blockchain Works ? Blockchain is a database ledger and the decentralization of blockchain is because of the use of consensus algorithms.Blockchain technology initially used for the storage of bitcoin transactions. The records are stored on different...

LISK -What is It ?

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We all may come across the terms Ethereum, EOS, and Tron. Right? Does  LISK sound jargon to you? Here we gonna discuss about LISK, one of the Upcoming blockchain network and developing dapps on Lisk platform in detail.  Are you ready to unlock the knowledge about Lisk ? Without a gap, let us jump into deep discussion. LISK - What Is It Actually  ? Lisk is a decentralized open source blockchain platform that allows for developing a blockchain based DApps via sidechain to lisk main network. It works on the Delegated Proof of Stake (DPoS ) consensus algorithm. Simply, Lisk can be termed as  1. A Cryptocurrency like Bitcoin, whose token is termed as LSK. 2. A framework to develop blockchain-based applications using JAVAScript. 3. A sidechain Platform. 4. A blockchain services platform 5. A blockchain application platform. Origin of Lisk : Lisk has its origin in back January 2016. Lisk actually has origins in Crypti, an open source blockchain applicat...

Types of Blockchain Consensus Algorithms

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In the field of computer science , to solve the consensus problems there are several proposed protocols which are termed as consensus algorithms . Consensus Algorithms are mechanisms  used to achieve agreement on a single data value over distributed systems.  To know more about consensus algorithms ,read this blog : Blockchain Consensus Algorithms  Now , let us have look at the different types of consensus algorithms derived so for in blockchain and cryptocurrency world . The following are the various consensus algorithms in blockchain technology : 1.Proof-of-Work 2.Proof-of-Stake 3.Delegated Proof-of-Stake 4.Leased Proof-Of-Stake 5.Proof of Elapsed Time 6.Practical Byzantine Fault Tolerance 7.Simplified Byzantine Fault Tolerance 8.Delegated Byzantine Fault Tolerance 9.Directed Acyclic Graphs 10.Proof-of-Activity 11.Proof-of-Importance 12.Proof-of-Capacity 13.Proof-of-Burn 14.Proof-of-Weight Proof-Of-Work ( PoW )  A Proof-of-Work is a me...

Blockchain Consensus Algorithms

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We Bitdeal , Leading Blockchain Development Company can help you in building a blockchain with best Consensus Algorithm that suits for your business services . Our Blokchain experts often undergoes R & D process and always finds the best algorithms out of choices to develop a blockchain . Here in this article we are gonna look at the concept of Consensus Algorithms which tends to be the soul of blockchain technology .  What is Consensus Algorithms ? In the field of computer science , to solve the consensus problems there are several proposed protocols which are termed as consensus algorithms . Consensus Algorithms are mechanisms  used to achieve agreement on a single data value over distributed systems .  In Simple Words , Consensus algorithm is a process of decision making within a group of individuals . Here all the individuals support for the decision that benefits most of the individuals .Consensus algorithms donot supports for majority of voting , bu...

Bitdeal - Complete Cryptocurrency Exchange Solutions Provider

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Bitdeal – A leading bitcoin and cryptocurrency exchange Development Company, drop-ships cryptocurrency exchange script, cryptoucurrency exchange software. Cryptocurrency trading script php and other cryptocurrency exchange solutions to 100+overseas counties.We uplift many bitcoin and cryptocurrency exchange startups by helping them to start a cryptocurrency exchange website with our unbeatable software solutions and development support Crypto Services of Bitdeal : Listed here are some of the cryptocurrency exchange Services provided by Bitdeal . 1 . Bitcoin EXchange Script PHP/Software . 2 . Cryptocurrency Exchange Script PHP / Software . 3 . Centralized Exchange Script PHP/Software . 4 . Decentralized Exchange Script PHP/ Software . 5 . Binance Clone Script . 6 . Hybrid Exchange Script/ Software  . 7 . ICO Script and Development . 8 . STO Script and Development . 9 . DApp development . 10 . Blockchain Development Services and lot more . Bitdeal's Crypto Excha...

TRON DApp Development Tools

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Let us have a short look over the essential tools for the development of dapp on Tron . 1 . TRON Studio : Tron studio is powered by Oracle JDK1.8 and it is a single tool that can be used for developing, debugging and deploying applications that work with the help of Smart contracts on TRON network ( TRON VM).  TRON studio is open source that can be viewed and improved upon with contributions from developers all through the globe. TRON Studio requires Linux 64 bit computer, MAC or Windows 64 bit version for processing. Open JDK shouldn't be used for opening TRON Studio. 2 . TRON Scan : TRON Scan is also known as block explorer of TRON, which is used for searching transactional records on Tron. Like Ethereum Etherscan, TronScan also helps us to search for transactions, addresses, and blocks created on the Tron. Tronscan also provides for direct import of your Tron wallet from Ledger. Developers can also add the TRONScan extension to your websites and use it when you ...

How to build a Dapp on TRON ?

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“ The secret of change is to focus all your energy not on fighting the old but on building the new .” — Socrates, father of Western philosophy . Of course . Focusing  on the new innovations to make an effective change is better than sitting back and solving the issues in old systems.  It has paved a good results in many incidents and industries .  Blockchain technology is also moving ahead with new innovations to make it more efficient and effective .  This resulted in the birth of DApps, DApps on ethereum , DApps on EOS platform and now DApps in TRON network too . I think TRON is not an unfamiliar word for all of us who are updating ourselves with new innovations in crypto world. Right ? TRON is a blockchain network launched for the establishment of a truly decentralized Internet and its infrastructure by a Chinese entrepreneur Justin Sun . Gather a lot more information about TRON and TRX from our previous article : What is TRON? and How To Build ...

TRON DApp - The Rise of web 4.0

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As we are living in the era of blockchain , it is essential for us to know about blockchain technology . We all have come across the terms Ethereum and EOS when we look into the development of Dapps. Here we are going to discuss about TRON , a blockchain network like ethereum and EOS used for build dapps . So , let us first know about what is TRON ? and then let us deeply look into how to develop dapp on TRON ? . Without a delay , let us jump into the discussion . What is TRON ? In 2017 , a Chinese entrepreneur Justin Sun , launched TRON . At first TRON is considered as an blockchain network which is used only for entertainments. Later , it has extended its uses for all other general purposes too . TRON is now used for the development of decentralized applications which creates a challenging environment for both ethereum and EOS .  TRX first existed as an ERC20 token, but after the launch of Tron mainnet, the TRX token is now its native asset. To explain in short , T...

Security Token Offering Company

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STO and Security Token  The token that encrypts about the security assets and the right of investors to claim for profit/share after the launch is known as Security Token . The process that does the fundraising by a business individual from investors , by the crowdsale of security token is called as STO or security token offerings. Bitdeal - The Complete STO Provider : Bitdeal is a STO development company which offers a complete STO services all through the globe .The STO Services provided by Bitdeal are as follows : Security Token Creation Legal Registration Of Tokens STO Consulting Token Issuance Portal Community Management STO Marketing Bitdeal's STO Marketing Services includes the following processes. STO Marketing Consultation Community management Token Brand Marketing Paid campaigns Bounty Programs Get a complete A to Z STO Services from  Leading STO Development Company -Bitdeal.

Nature of Dapps

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Here is some of the characteristics of Decentralized Application ( DApp ) 1 ) Decentralized  All DApps are decentralized , which  means all dapps are developed on blockchain , a distributed ledger . Decentralized refers to the distribution of authority across all nodes .All the  individuals using dapp stores the records on the public ledger that is immutable and unhackable . Thus every business people prefer DApp over normal App for its decentralzied nature. 2 ) Immutatble   All information stored on DApp are immutable . Immutability refers to the less or no chance of changing the data or records stored by an individual. When any individual tries to modify or change the records it will be notified by all other individuals and changes will be made when all individuals approve for it . 3 ) Unhackable  The concept of decentralization restricted the chance for hacking of records by unauthorized individuals . This unhackable nature of dapp crea...

A Hype in Bitcoin Price

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Bitcoin’s Price Suddenly Surged Back to $5K  .  We all might come across this news about Bitcoin's Price Yesterday . Yeah !! It is like bloom for our gloom. As an individual prevailing in a cryptocurrency world , this rise of bitcoin price will surely boost you up . Not only traders who egarly waited for a prefect moment for trading , but also the business people who runs exchanges will driven into the extereme level of happiness. I think , It is the time we waited for ! It is the happiness we lost long before ! It is the happiness we wish for longer and longer ! Isn't It ?? Of course , without a little bit of doubt we all looked ahead for this rise in bitcoin price . This sudden surge of bitcoin price resulted in huge trade volume and exchanges and traders where at the tip of ecstasy .  Over few months we never found any rise in bitcoin price which tends to fall down gradually . But this scenario of Bitcoin Price has happened within an hour which pulled al...

Centralized Exchange Scrcipt

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Are you looking to start an exchange business ? Is your mind filled-up with queries like , From where and how to start ? Should move with Centralized exchange ( CEX ) or decentralized exchange ( DEX ) ? Which will make better ROI ? and lot more . Stop your confusions and queries and start your business as centralized exchange. Being in a globe that runs towards decentralization and blockchain , we still supports for centralized exchanges. Our answers makes you more confused.. Right ? . Well . Let us share some interesting facts about centralized exchanges which can clear your mind about our answer . You may crossed News on Cointelegraph on Jan 2019 under a headline  , " Centralized Exchanges Still Overwhelmingly Dominate Market, New Report Shows " , which shows centralized exchanges still play a best role in this economy . Centralized Exchanges  are platforms that allows the transaction of currencies between a buyer and seller  with the presence of middle man ( ...

An Overview of Bitcoin Escrow

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Bitcoin Escrow Script -  A Script that helps to build a secure crypto ecosystem via a website, where a buyer and seller can fastly transact their bitcoins without any pitfalls. Bitdeal, a bitcoin exchange & Blockchain development company, that helps startups to initiate bitcoin escrow services like bitraded, escrowmybits, localbitcoins,setescrow,bitify and etc. Let's have a brief look on why bitcoin escrow has came to market, what are bitcoin escrow services, how multisig wallets are used in escrow concept, how smart contracts play's a huge role in escrow concept and a lot more.  Bitcoin Escrow - An Overview We know bitcoin, the modern cryptocurrency that becomes an undeniable payment method at most everywhere around the globe. It has been deemed as master of cryptocurrency, as it has paved a way for other cryptocurrencies like ethereum, monero, XRP, and others to survive in the crypto marketplace.  People who resides in this crypto industry may aware of ...