See Also
DON’T use Paypal for cryptocurrency purchases [Early 2020 article]
November 2020 Update In late October 2020, Paypal updated their policy to allow cryptocurrency purchases. The payments processor also updated their Terms and Conditions to explicitly accommodate cryptocurrency trading. As such, most of our original advice no longer applies. We’ve decided to leave the original text untouched for historical purposes, since, for the past 11+ […]
ELI5 Proof of Stake (PoS) – How does PoS work?
In the cryptocurrency universe, Proof of Stake (PoS) is one of the most popular alternatives to the Proof of Work (PoW) family of consensus mechanisms. While PoW systems invest large amounts of energy to make sure transactions are legit, PoS does not require mining hardware. Proof of Stake “miners” (stakers) must lock a financial stake […]
ELI5: Why can’t Bitcoin miners use regular computers?
This is a frequently asked, but still very relevant, question in the world of cryptocurrencies. There seems to be a permanent, and very heated, debate involving the future of Bitcoin and one way or another, the discussion always turns to “Satoshi’s original vision”. What was his original vision? Is it the Bitcoin we use today? […]
AVAX Staking tutorial – How to begin staking Avalanche [Early AVAX staking, in 2020]
Note: This is an article from Avalanche’s early days, back in 2020, before the mainnet went live! Back then there were no staking instructions available. In fact, we published this tutorial based on our own testnet experience, before it was even possible to move coins on the mainnet!!! We’ve kept this article in its original […]