Over the past few months, the CryptoDo team has been tirelessly working on developing our platform, implementing innovative solutions, and enhancing product functionality
Today, we are proud to share our achievements, made possible thanks to your support and trust.
📍 311k+ dApps created via CryptoDo 📍 5 million transactions 📍 Product live on 30 blockchains + testnets 📍 35k registered users and a large community of Web3 enthusiasts and builders 📍 Winner of numerous Web3 hackathons and awarded grants from Tier-1 blockchain companies
And this is just the beginning! Thanks for being with us! 💙
Over the past few months, the CryptoDo team has been tirelessly working on developing our platform, implementing innovative solutions, and enhancing product functionality
Today, we are proud to share our achievements, made possible thanks to your support and trust.
📍 311k+ dApps created via CryptoDo 📍 5 million transactions 📍 Product live on 30 blockchains + testnets 📍 35k registered users and a large community of Web3 enthusiasts and builders 📍 Winner of numerous Web3 hackathons and awarded grants from Tier-1 blockchain companies
And this is just the beginning! Thanks for being with us! 💙
Durov said on his Telegram channel today that the two and a half year blockchain and crypto project has been put to sleep. Ironically, after leaving Russia because the government wanted his encryption keys to his social media firm, Durov’s cryptocurrency idea lost steam because of a U.S. court. “The technology we created allowed for an open, free, decentralized exchange of value and ideas. TON had the potential to revolutionize how people store and transfer funds and information,” he wrote on his channel. “Unfortunately, a U.S. court stopped TON from happening.”
How Does Bitcoin Work?
Bitcoin is built on a distributed digital record called a blockchain. As the name implies, blockchain is a linked body of data, made up of units called blocks that contain information about each and every transaction, including date and time, total value, buyer and seller, and a unique identifying code for each exchange. Entries are strung together in chronological order, creating a digital chain of blocks. “Once a block is added to the blockchain, it becomes accessible to anyone who wishes to view it, acting as a public ledger of cryptocurrency transactions,” says Stacey Harris, consultant for Pelicoin, a network of cryptocurrency ATMs. Blockchain is decentralized, which means it’s not controlled by any one organization. “It’s like a Google Doc that anyone can work on,” says Buchi Okoro, CEO and co-founder of African cryptocurrency exchange Quidax. “Nobody owns it, but anyone who has a link can contribute to it. And as different people update it, your copy also gets updated.”
