Decentralized finance is still in its infancy. If this young and ambitious industry ever hopes to supplant current legacy systems, it must overcome some hurdles, such as achieving a seamless user experience...
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What is a Tree Diagram in Data Visualization?
A Tree Diagram is a way of visually representing hierarchy in a tree-like structure. Typically the structure of a Tree Diagram consists of elements such as a root node, a member that has no superior/parent. Then there...
What is a Scatterplot in Data Visualization
Scatterplots use a collection of points placed using Cartesian Coordinates to display values from two variables. By displaying a variable in each axis, you can detect if a relationship or correlation between the two...
What is Radial Bar Chart ?
A Radial/Circular Bar Chart is simply a Bar Chart plotted on a polar coordinate system, rather than on a Cartesian one. While they look cool, the problem with Radial Bar Charts is that the bar lengths can be...
Point & Figure Chart Explained
Point & Figure chart is used to display the relationship between supply and demand of a particular asset through a series of columns made up of X’s and O’s. Point & Figure Charts are time-independent...
What Is a Data Warehouse?
Data warehousing is one of the hottest topics both in business and in data science. But if you’re new to the field, you’re probably wondering what a data warehouse is, why we need it, and how it works. Don’t worry...
Hi, I am Ned Krastev – co-founder of 365 Data Science, and I am happy to announce the latest release in the 365 Data Science Program – the Introduction to Business Analytics course. In this post, I’ll briefly...
What is the decentralized finance ecosystem?
Decentralized finance is still in its infancy. If this young and ambitious industry ever hopes to supplant current legacy systems, it must overcome some hurdles, such as achieving a seamless user experience and secure...
Are there blockchain bridges in operation for any dApps now?
The bridges currently in operation have only been operating in their current form for a few months, so they are still in their early days in terms of adoption. However, bridges hold a lot of promise, particularly...
How do blockchain bridges work?
Much like blockchains themselves, bridges can be operated on a spectrum of decentralization. The bridges outlined above fall into two categories: federated and trustless. A federated bridge is run in a similar way to a...
Are there any examples of blockchain bridges?
Several projects have now released their own versions of a blockchain bridge. The Syscoin-Ethereum bridge, launched at the start of the year, enables trustless interoperability between Ethereum and Syscoin’s network...
What are the benefits of blockchain bridges?
There are many benefits to using blockchain bridges. For example, a DApp developer using Ethereum frequently suffers issues with poor user experience due to slow transaction processing speed and expensive gas fees...
Are there blockchain bridges in operation for any dApps now?
The bridges currently in operation have only been operating in their current form for a few months, so they are still in their early days in terms of adoption. However, bridges hold a lot of promise, particularly...
Are there any examples of blockchain bridges?
Several projects have now released their own versions of a blockchain bridge. The Syscoin-Ethereum bridge, launched at the start of the year, enables trustless interoperability between Ethereum and Syscoin’s network...
Are there any examples of decentralized file sharing protocols?
There are two major decentralized file sharing service providers. BitTorrent was developed in 2001 as a peer-to-peer file sharing protocol and was acquired by Tron in July 2018. By that time, BitTorrent had reached 100...
How does decentralized file sharing work?
Using centralized servers to deliver files and data is known as a client-server model. To put it simply, the client, or user, requests what they want by typing in a URL, and a server delivers it via HTTP. Decentralized...
What is the decentralized finance ecosystem?
Decentralized finance is still in its infancy. If this young and ambitious industry ever hopes to supplant current legacy systems, it must overcome some hurdles, such as achieving a seamless user experience and secure...
How do blockchain bridges work?
Much like blockchains themselves, bridges can be operated on a spectrum of decentralization. The bridges outlined above fall into two categories: federated and trustless. A federated bridge is run in a similar way to a...
Are there any examples of blockchain bridges?
Several projects have now released their own versions of a blockchain bridge. The Syscoin-Ethereum bridge, launched at the start of the year, enables trustless interoperability between Ethereum and Syscoin’s network...
What are the benefits of blockchain bridges?
There are many benefits to using blockchain bridges. For example, a DApp developer using Ethereum frequently suffers issues with poor user experience due to slow transaction processing speed and expensive gas fees...
Are there decentralized file sharing use cases already in operation?
Two examples where IPFS has been used are with Wikipedia and the Android version of the Opera browser. The Turkish government previously attempted to ban Wikipedia, citing it as a national security threat. Hacktivists...
Are there any examples of decentralized file sharing protocols?
There are two major decentralized file sharing service providers. BitTorrent was developed in 2001 as a peer-to-peer file sharing protocol and was acquired by Tron in July 2018. By that time, BitTorrent had reached 100...
What are the benefits of decentralized file sharing?
Using hash addresses distributed across multiple nodes means the content is immutable yet permanently available. It doesn’t matter if a single node goes down because other nodes may instantly deliver a duplicate. When...
Blockchain Glossary: What is decentralized file sharing?
Decentralized file sharing is a way of storing files across multiple nodes in a network rather than on a single centralized server. As the digital era has progressed, the internet has become a vast and complex web of...
Blockchain Glossary: What are off-ramps?
Cryptocurrency off-ramps act as just the opposite of on-ramps. They are a way to convert your cryptocurrency into fiat, or possibly products and services. Just as a user needs to pay with fiat in order to buy in, they...
