Thursday, December 3, 2020

Matic Blockchain Development

 In a fast-moving world, every one adapting to the new technology and prefers to use advanced tools even for everyday use. So think the business people preference and to aid them and fulfill their needs Blockchain provides the solution. Blockchain has a decentralized network so without the third party influence or central authority, peoples can use it across the globe.

There are numerous blockchain network exists at the current time and also new blockchain to is blossoming, among them is MATIC got a special place and why is that? Is there any blockchain network available like that?

Lets we can know that in this blog which is explained by the top-notch Blockchain Development Company, Developcoins.

What is Matic Blockchain Network?  

Matic is a blockchain network that is a blooming one and became very special because it aid to overcome the top problem of the blockchain network which is none other than Scalability. This Matic blockchain network brings huge scalability to the ethereum network by adapting to the Plasma version framework with Proof-of-Stack (PoS) mechanism based on the side chains. Matic's aim is also to bring the user-friendly interaction between the decentralized network and the user of the system.

In simple terms, the goal of the Matic blockchain is to overcome the ultimate blockchain drawback, which are,

  • It takes a good amount of time for the transaction and

  • High transaction fee.

Pinpoint Pros & Features Of Matic Blockchain  

The aim of the Matic Blockchain Network itself proves its advantage benefits in the blockchain world for their users. Here is the list of Matic advantages and its features, they are,

  • Enhanced Security

  • Good User-Experience

  • High Scalability

  • Public Sidechains

  • High Throughput

And much more. So these things grabbed people's attention and make them involve in the network and enjoy its benefits and advanced traits.



Problems Resolved By Matic Blockchain Network   

Decentralized application is already in trend and making a colossal growth but most of the existing blockchain is not have the scalability. But the Matic blockchain network overcome the following problems,

  • Scalability

  • Slow Transaction speed

  • High gas fee

These are the common issue and a very challenging one for blockchain users. But Matic overcomes all these issues and provides benefits alongside it, which made the Matic blockchain development a trending one and grabbed huge attention towards itself.

End-To-End Blockchain Development Service Provider  

All peoples are searching for a blockchain development solution provider for all services which are mentioned above, like all solutions in one single place, and for that Developcoins is the right choice. That is because Developcoins is an end-to-end blockchain service provider which means we offer all the above-mentioned services with the latest tech and advanced tools.

Developcoins offer all these services at an affordable cost worldwide because of their industry experience that means we face both the ups and downs and yet standing strong in the global market to offer our outstanding services for the business, which made us unique and grabbed a huge set of attention.

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Friday, July 3, 2020

Real Estate Asset Tokenization

In this digital world ensuring asset safety got a high place and also preferred one to keep the asset as updated one as well as secured thing. The asset security got a high place because it is the long-last asset and immediate usable one for financial purpose.

Thus, to make your asset a secured one and ensure it's safety those tokens are combined to crypto token to increase it is security measures. The combining process of token and the asset is widely known as 'Tokenization Asset Offering (TAO)'



The process is simple and also affordable. It not alone ensure the asset safety & security, it also provides other benefits such as,

  • Improved liquidity
  • Globalized accessibility
  • No third party needs (while transaction or any other process)
  • Easy exchange
  • Transparency

So, get a top class upgraded Real estate tokenization asset offering (TAO) services from Developcoins, who is a top-notch token development company in global market.

Friday, March 6, 2020

Why EOS Blockchain is well suitable one for DApp Development?

Blockchain is a vast growing technology which aid to adapt various sector in this fast-moving world. In the blockchain platform, there are different types and among them, EOS got a special place and became a trend in the market because of its unique traits.

What is EOS?

EOS is one of the types of blockchain platforms and becoming trending in the blockchain industry as well as various fields because of its motive. That ultimate goal of this EOS blockchain is none other than to become a decentralized operating system that can assist various sectors which are relayed on decentralized application.

The main tempting part of this EOS blockchain is,

Millions of transaction per second

Cost-effective when coming to a transaction fee

What is more, than these advantages can benefit the industry people?

So, it becomes obvious to find the reason behind its popularity in the global blockchain market.

EOS allows to a built smart contract on its platform which enhanced its advantage to the next stage in Dapp developers' point of view.

Benefits of EOS Blockchain

The Benefits of EOS blockchain is outstanding while comparing it with other blockchain platforms like Ethereum and some are mentioned below,

Scalability
dApp
Consensus Protocol
Fast and Free Transaction
ICO Friendly
Low latency
Easy upgrade and Bug recovery
Self sustaining
Flexible
Easy usable one for developers
Parallel performance
Governance
Easy hard fork with fewer risk

How Does EOS work?

Here, is how EOS works. EOS is often compared with the Ethereum blockchain process because of the similarities but EOS is considered as better one because of its traits, mainly the transaction process timing and speed i.e., known as scalability.

EOS blockchain uses DPoS consensus mechanism which can avoid the famous hacks like DAO.

To know much more about EOS Blockchain - explore here!!!

Now, lets we can see an organization provides the outstanding EOS development services in the market.



Now, we can see an organization that offers a high-end EOS blockchain development services in the industry market. Developcoins is a predominant cryptocurrency development company which provide striking blockchain development services with the aid of a team of industry experts who has vast knowledge and handset of skills to face all sort of industry downs and ups.

The most important thing to note about Developcoins is, we provide complete end-to-end blockchain solutions and all types of services related to the EOS Blockchain platform.

Tuesday, December 17, 2019

How are blockchain transaction verified?

Blockchain is one of the Predominant technology which is used widely in the global market. The blockchain services is now in demand because of it is features and beneficial usefulness. Even though when it is used in the wide range most of them does not know about the proper meaning and complete process of this upgraded technology.

Why it is known as Blockchain?

As everyone knows Blockchain is consist of Blocks, which is connected in the peer-to-peer network by cryptography methodology. This method is used for secure transfer and controls the blocks. The structure aid it to gain the name as Blockchain. This blockchain is also referred to as Distributed Ledger that is because the transaction and storage is done openly but securely.

How the transaction occurs?

In the Blockchain, the transaction is held by the digital Wallet. Here, lets we can see how a transaction occurs in the overview by step by step.

Assume, A- as sender and B - as receiver.

Step-1: A allocates a particular amount, which is needed to send and encrypt the message for it by using its private key of the wallet and send that message to the B using the public key to the assigned address.

Step-2: This message is transferred from A to B in the respected Blockchain. During this transfer, the data is validated.

Step-3: B receives the message and decrypt is using it is own private key to collect the amount and after that, the amount is sent to their own cryptocurrency wallet.

Step-4: After the Consensus Process held, that is when the new block is attached to the existing one, then only the transaction process is considered as completed one.




Validation Process

Well, when the requested cryptocurrency is sent from the one node to another crypto wallet the validation process is held for the confirmation in the respective blockchain. Well, it is also important to note that, this validation process aid to add one block to the chain of the network. The validation process mainly include two important things, that is hash and mining.

Hash

Whenever the transaction occurs a new block is created and it is attached to the chain of network. This block consist of the transaction details and before joining the network this new block is verified. That is done by creating Hash.

The hash is nothing but a 256 - bit number that is a unique one and it represents the data of the new block. This hash is also considered as security elements in the blockchain that is because is the data of a particular hash is change then the other following hash data will also be changed.

Mining

To generate the hash successfully, a mathematical complex or a math puzzle must be solved. If the puzzle is solved, then the result is checked by the other nodes of the network.

The process of solving the mathematical complexity and creating new hash is known as Mining. Mining requires great computational power because it relies on complex mathematical operations as well as it is in need of specialized computer hardware. This indicates that not all nodes can be miner.

The mining consumes energy and the energy need cost and it is assigned by the usage of the crypto coin. Each mining process is also rewarded based on the performance.

Consensus Process

When the multiple transaction occurs on the same blockchain network then there consensus process is used. This consensus process is validate the data using the methods like Proof Of Work or Proof Of Stack and so on. Lets we can see what is the difference between these methods and how does it works on Blockchain.

Proof of Work (PoW)

In this process, the miners want to rewarded so when the transaction occurs all nodes of the miners start to work on solving the ‘math puzzle’ and which node solves first will be rewarded.

While the involvement of all nodes there will be chance of solve the puzzle at same time or around the same time. During these kind of issues ‘fork’ can occur and it can be resolved by bitcoin protocol.

This is the simple concept of Proof of Work (PoW) which moto is validating and generating the new hash.

Proof of Stack (PoS)

The Proof of Stack goal is also same as PoW but there is only one difference which is described below as follows.

Well, in the PoS all nodes does not work on solving the math complex, only particular selected node is for the validation process and it is rewarded. This represent that the energy consumption during the mining process will be low which represent that the lost will be less.

The selected node for the puzzle solving only receive the transaction fee and the new found hash in PoS system are know as ‘forgers’ instead of miners.



Conclusion

I hope this blog is helpful to gain the knowledge about the Blockchain and it is process. To know much about the Blockchain and Cryptocurrency Development approach Developcoins. Developcoins is the Blockchain Development Services Provider, which offers its services both in off-shore and on-shore and gained a Brand name in global market because of their repute in the Blockchain Industry.

If you plan to develop a Blockchain for yourself or for Business or for any other purposes reach us here!

        Get free Blockchain consulting here!

Friday, December 13, 2019

Blockchain Development Company

In this technology filled world, Blockchain got a special place that is because of it is uniqueness. Blockchain can also be referred as peer-to-peer connection network, the reason is all blocks are connected to each other to form a complete network. This specialized technology, Blockchain is used for various purposes and it is slowly started to use in diverse domains and usage rise to peak.

Each blocks in the Blockchain is connected by cryptography which aid to store the records safely without third person involvement and it is an open distributed ledger which still increase the effective in storage process and size. It also make business transference and avoid the paper works.

Thus, Blockchain became a demanding technology in all field for upgrade purpose. This results in development of numerous Blockchain Development Services provider and it became difficult to find the trustworthy as well as the best organizations. To make your search hunt easier and save your precious time here is the Leading Blockchain Development Company, Developcoins



Developcoins is one of the Industry experts with more than 5+ years of experience in Blockchain field. This made them to provide a Owing services in global market and earned much trust from their clients. Even after completion of the project, our peeps will be their to aid to fix bugs and upgrade the things. This made Developcoins yet much more peculiar and unique.