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Basic Concepts Category - Page 8

ELI5: CoinMarketCap
CoinMarketCap, often abbreviated CMC, is the name of a pioneering data provider which became the de-facto market cap and coin price reference for cryptocurrency traders. Over T...
ELI5 What is a Merkle Root?
If you've been around cryptocurrencies for a while then you've probably heard the term Merkle Root mentioned in technical discussions. Today we'll take a look at this interesting ...
ELI5 Crypto cap
"Crypto cap" may refer to different things, depending on context. Unless it's a stylish wearable hat with a reference to cryptocurrencies on it, then crypto cap probably refers...
ELI5 Bitcoin to USD conversion
Bitcoin itself does not offer a US Dollar for Bitcoin exchange system. If you've just arrived in the world of cryptocurrencies, this may cause some confusion. Bitcoin is a c...
ELI5: What is a cryptocurrency full node?
A full node is a network connected program which runs an official cryptocurrency client and has the ability to verify messages, transactions and blocks. Full nodes may or may n...
ELI5 Cryptocurrency Sharding
If you come from the world of IT, then you've probably heard of database or disk data sharding. For those who don't come from IT, a real simple way to put it is that sharding m...
ELI5 Atomic Swaps
Atomic swaps provide a way for two cryptocurrencies to be exchanged using a single blockchain and without a trusted third party involved. In computer lingo, "atomic" means some...
Understand how IBOs can open the crypto markets to startups without funding
Initial Bounty Offerings are a way of leveraging crowdsourced work through payments in cryptocurrency tokens. Professionals get paid in a startup's tokens while contributing back ...
Understand cryptocurrency futures
Trading futures is an art. It's probably one of the riskiest investment games you can play, since futures contracts don't actually represent a current asset, but something that is...
ELI5 What are complementary cryptocurrencies?
Complementary cryptocurrencies are a similar concept to complementary fiat currencies. They're not standalone cryptos which hold their own value but, as the name suggests, they...