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by GX Blocks
Wed Jul 28, 2021 9:04 am
Forum: Development & Technical Discussion
Topic: The Rise of Hybrid Blockchain Networks
Replies: 0
Views: 5952

The Rise of Hybrid Blockchain Networks

As the hype for cryptocurrencies has returned, it is important to not forget about the evolving platforms around blockchain technology. In 2019, game-changing platforms entered the market with viable solutions such as Corda and Hyperledger. Moving forward, emerging leaders will have unique ...
by GX Blocks
Wed Jul 28, 2021 9:02 am
Forum: Development & Technical Discussion
Topic: Blockchain & Cybersecurity: Assessing the security of blockchain technology
Replies: 0
Views: 5746

Blockchain & Cybersecurity: Assessing the security of blockchain technology

While previous technological breakthroughs have brought evolution to the financial industry, this groundbreaking technology of blockchain distributed ledger, and its applications, seem to be part of a larger revolution that is taking place in our world today.

The fourth industrial revolution will ...
by GX Blocks
Wed Jul 28, 2021 8:59 am
Forum: Development & Technical Discussion
Topic: FinTech vs Traditional Financial Services Sector
Replies: 0
Views: 3355

FinTech vs Traditional Financial Services Sector

FinTech vs Traditional Financial Services Sector: a Decentralized and Sustainable Future

The traditional financial services industry is increasingly threatened by the emergence of the FinTech sector in recent years.

Numerous factors are to be considered but this article’s focus is on the ...
by GX Blocks
Tue Jul 27, 2021 12:00 pm
Forum: Bitcoin Discussion
Topic: Blockchain Network Nodes & Trust in Bitcoin
Replies: 0
Views: 1308

Blockchain Network Nodes & Trust in Bitcoin

Blockchain network nodes are points in a network where messages can be created, received, and transmitted. Nodes on the Bitcoin network can view, exchange, and verify information about transactions and add blocks by using the peer-to-peer protocol.


There are different types of nodes depending on ...
by GX Blocks
Tue Jul 27, 2021 9:43 am
Forum: Development & Technical Discussion
Topic: Blockchain Forks: Hard vs Soft
Replies: 0
Views: 2269

Blockchain Forks: Hard vs Soft

What are Blockchain Forks? Hard vs Soft forks are explained with examples.

Any software needs constant updates to fix issues or increase performance. In the world of crypto, those updates are called forks. Since cryptocurrencies are decentralized networks, all participants in the network, known ...
by GX Blocks
Tue Jul 27, 2021 9:40 am
Forum: Bitcoin Discussion
Topic: Smart Contracts Explained for Beginners
Replies: 0
Views: 1221

Smart Contracts Explained for Beginners

Smart contracts have become a popular notion in the context of blockchain and cryptocurrencies.

However, the concept has been around for a while, as it was first introduced in 1994 by Nick Szabo, an American cryptographer. Smart Contracts were initially defined as a tool that formalizes and secures ...
by GX Blocks
Tue Jul 27, 2021 9:30 am
Forum: Bitcoin Discussion
Topic: Powering Blockchain with Sustainable Energy​
Replies: 0
Views: 1403

Powering Blockchain with Sustainable Energy​

WHY GX BLOCKS?
Powering Blockchain with Sustainable Energy​
Blockchain Mining Cutting-Edge Technologies

Mine Clean Energy & Earn Treasured Cryptocurrency with GX Blocks Mining Contracts and Masternode Services​
Over the last years, there has been an exponential increase in the interest ...
by GX Blocks
Tue Jul 27, 2021 8:59 am
Forum: Legal
Topic: Bitcoin’s Legal Status Worldwide
Replies: 3
Views: 8734

Bitcoin’s Legal Status Worldwide

Bitcoin’s legal status greatly varies across countries and continuously changes.

Specifically, some countries have explicitly stated that Bitcoin’s usage and trading is legal, others have restricted or even banned it, while numerous others have yet to make a statement on the matter. There is an ...
by GX Blocks
Tue Jul 27, 2021 8:56 am
Forum: Bitcoin Discussion
Topic: Cryptography explained for beginners
Replies: 0
Views: 1246

Cryptography explained for beginners

With the rise of the digital era, the concept of encryption and cryptography has gained massive popularity. Online data is constantly exposed to threats such as theft and corruption. Cryptography has therefore proven as one viable solution that enables users to protect information and data from ...
by GX Blocks
Tue Jul 27, 2021 8:49 am
Forum: Mining
Topic: Bitcoin Mining revenue wins against COVID-19 pandemic
Replies: 0
Views: 5443

Bitcoin Mining revenue wins against COVID-19 pandemic

2020 was characterized by many as a ‘lost’ year, however, the cryptocurrency market and bitcoin mining industry impressively reached new all-time highs!

Did you know that apart from Bitcoin’s price, Bitcoin Mining revenues also hit an all-time high? Let’s take it from the start. [/i]

How ...
by GX Blocks
Tue Jul 27, 2021 8:46 am
Forum: Mining
Topic: GX Blocks Energy: Building a Sustainable and Decentralized Future
Replies: 0
Views: 6165

GX Blocks Energy: Building a Sustainable and Decentralized Future

Building a Decentralized Future through Blockchain & Distributed Ledger Technology

Blockchain & Distributed Ledger Technology (DLT) is a fundamentally novel technology. Decentralization through distributed technology can solve consumer pain points through creative destruction. We strongly believe ...
by GX Blocks
Tue Jul 27, 2021 8:41 am
Forum: Bitcoin Discussion
Topic: A Decentralized Future with Blockchain Technology
Replies: 0
Views: 1334

A Decentralized Future with Blockchain Technology

Blockchain or Distributed Ledger Technology (DLT) is a fundamentally novel technology. New opportunities arise with the tremendous growth of decentralization and distributed technology. We believe in their potential and value-adding abilities for sustainable development through innovation.

Bitcoin ...
by GX Blocks
Mon Jul 26, 2021 2:20 pm
Forum: Mining
Topic: Greece on the path towards becoming a renewable energy hub
Replies: 0
Views: 6624

Greece on the path towards becoming a renewable energy hub

In order to increase well-being and prosperity, as well as ensure that current and future generations are able to enjoy a healthy environment, makes protecting the environment is imperative. Countries like Greece have numerous environmental challenges they need to address. Some key challenges ...
by GX Blocks
Mon Jul 26, 2021 11:46 am
Forum: Bitcoin Discussion
Topic: How has the COVID-19 pandemic affected Bitcoin?
Replies: 0
Views: 1230

How has the COVID-19 pandemic affected Bitcoin?

Bitcoin was introduced more than a decade ago, and even though it is still in its early days, it is rapidly moving towards becoming fully mainstream. It has already become popular among investors, financial institutions, advisors, service providers, and policymakers, but still has room for growth ...
by GX Blocks
Mon Jul 26, 2021 9:25 am
Forum: Development & Technical Discussion
Topic: What are Blockchain Consensus Algorithms?
Replies: 0
Views: 3024

What are Blockchain Consensus Algorithms?

Proof of Work & Proof of Stake Explained

There are numerous blockchain consensus algorithms, the most well-known ones being proof of work and proof of stake. But what are consensus mechanisms and what are their strengths and weaknesses?

A blockchain consensus algorithm is a mechanism that ...
by GX Blocks
Mon Jul 26, 2021 9:14 am
Forum: Mining
Topic: Powering Blockchain with Sustainable Energy Sources (Part 2)
Replies: 0
Views: 6522

Powering Blockchain with Sustainable Energy Sources (Part 2)

Transitioning to a new reality of the Blockchain ecosystem requires solving key issues, especially when the environment and our planet are concerned.

GX Blocks focuses on the sustainable development of modern green energy solutions for the operation of data centers, in order to reduce the carbon ...
by GX Blocks
Mon Jul 26, 2021 9:02 am
Forum: Mining
Topic: Powering Blockchain with Renewable Energy Sources (Part 1)
Replies: 0
Views: 5552

Powering Blockchain with Renewable Energy Sources (Part 1)

GX Blocks Energy is a blockchain company which is specialized in dedicated cryptocurrency mining farms and renewable energy sources, providing hybrid services and innovative products in the blockchain ecosystem.

The GX Blocks platform will provide to our users an all-in-one, user-friendly ...
by GX Blocks
Mon Jul 26, 2021 8:56 am
Forum: Development & Technical Discussion
Topic: GX Blocks Energy Hybrid Cloud Architecture
Replies: 0
Views: 1880

GX Blocks Energy Hybrid Cloud Architecture

Based on the most advanced Distributed Ledger Technologies of the blockchain sector.

GX Blocks Energy P.C. is a growth-oriented, blockchain mining company building a bridge from the blockchain sector to traditional capital markets. GX Blocks owns state-of-the-art ASIC-based digital currency mining ...
by GX Blocks
Mon Jul 26, 2021 8:52 am
Forum: Mining
Topic: The Future of Bitcoin Mining with GX Blocks Energy
Replies: 0
Views: 5725

The Future of Bitcoin Mining with GX Blocks Energy

GX Blocks Energy is a blockchain platform that provides investors with exposure to Bitcoin, without the technical complexity of purchasing the underlying cryptocurrency, at the most competitive prices. Clients avoid the need and hassle to create online wallets, wire money offshore, and safely store ...
by GX Blocks
Mon Jul 26, 2021 8:46 am
Forum: Mining
Topic: Powering Blockchain with Sustainable Energy
Replies: 0
Views: 5737

Powering Blockchain with Sustainable Energy

Blockchain Mining Cutting-Edge Technologies

Mine Clean Energy & Earn Treasured Cryptocurrency with GX Blocks Mining Contracts and Masternode Services
Over the last years, there has been an exponential increase in the interest towards the most advanced tech sector of the global economy ...
by GX Blocks
Thu Jul 22, 2021 12:02 pm
Forum: Mining
Topic: Bitcoin Mining & Cryptocurrency Industry Overview
Replies: 0
Views: 5791

Bitcoin Mining & Cryptocurrency Industry Overview

Let's examine what Bitcoin Mining is and what it entails, along with a brief overview of the Cryptocurrency Mining Industry’s key players.
To begin with, Bitcoin or BTC, is a digital currency or cryptocurrency that facilitates exchange or storage of value. It is based on the innovative technology of ...
by GX Blocks
Tue Jul 20, 2021 2:19 pm
Forum: Bitcoin Discussion
Topic: 3 Most Infamous Cryptocurrency Hacks ​
Replies: 0
Views: 936

3 Most Infamous Cryptocurrency Hacks ​

Over the past few years, there have been a handful of high profile cryptocurrency hacks that deeply shook the cryptocurrency world. The intention of this article is not to scare anyone away from cryptocurrencies but instead to educate readers on why these attacks happened. Understanding past ...

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