See Also
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-python – Python utils for AVAX cryptocurrency and Avalanche network exploration
avax-python is a Python library and set of utils for the exploration of the Avalanche AVAX cryptocurrency and its network. The crypto.bi avax-python project began as a thin wrapper around AvalancheGo node API, but it now supports several other functionalities such as wallet address and secret phrase generation, network traffic capture, customizable protocol handlers and a lot […]
ELI5 What is the Avalanche Protocol? [AVAX]
Avalanche is a next generation, post-Nakamoto consensus mechanism which was designed to incorporate the best features of previously existing protocols and add some of its own. Note: Avalanche is both the name of a consensus mechanism and the name of the DeFi platform that was built on top of it. Today, the term Avalanche refers […]
ELI5 What is cryptocurrency mining?
Mining is the process by which cryptocurrency transactions get verified. The process got its name from the fact that once a block is verified, whoever solved it will earns some coins as a reward, a little like gold mining – there’s a reward for the work. Early Bitcoin Mining When Bitcoin was launched, the idea […]