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Basic Concepts Category - Page 9

Understand Cryptocurrency Airdrops : Free lunch? Are coin airdrops legit?
If you've been around cryptocurrencies for a while you've probably woken up one day and found that some strange named tokens had been deposited to your Ethereum address. You go to...
ELI5 – What are Ouroboros VRF keys?
The Cardano blockchain is unique in many different aspects. It's a 3rd generation cryptocurrency which comes with on-chain governance, Proof of Stake validation, non-custodial...
What is Bitcoin?
Bitcoin is a decentralized peer-to-peer cryptocurrency that is based on work published by Satoshi Nakamoto. The first Bitcoin transactions happened on January 3 2009. Today Bit...
Understand the Lightning Network
What is the Lightning Network? Why is it being talked about so much? Here's a brief intro to this new development in the Bitcoin ecosystem and how you can use it to your advantage...
What is a Mining Pool? Do I need to join one?
As the name suggests, a mining pool is a group of miners working together to solve blocks and split the block rewards. Mining pools have become popular since GPU and ASICs started...
How do I stake Cardano?
Cardano ADA will begin its fully decentralized operation later in 2018 when the Shelley update is released. Once the Cardano blockchain goes distributed, it'll allow users to part...
Why use Bitcoin?
Bitcoin is a revolutionary form of digital cash that has provided the world with a new vision about money and the decentralization of power. The feeling of being one's own bank, o...
Understand the Basics of Trading Cryptocurrencies
Cryptocurrencies can be traded in many different ways which, in the end, aren't very different from the stock, option and derivative markets. The same models used in centralized s...
Understand how decentralized cryptocurrency exchanges work
Decentralized cryptocurrency exchanges are true P2P systems where investors can trade cryptos directly with their counterparts, without a centralized middleman. To better under...
Understand the basics of smart contracts
What's a smart contract? What makes it smart? How can I deploy my own contracts on the Ethereum blockchain? In this article we explore these questions and give you an overview abo...