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ELI5 – Explain Cryptocurrency Like I’m 5! Category - Page 11

ELI5 Dogecoin Halvings
Dogecoin is a Bitcoin fork released in late 2013. Although not as popular as it once was, Dogecoin has continued to attract social media users due to its fast transactio...
ELI5 How do Tezos Smart Contracts work?
Tezos smart contracts are natively written in Michelson - a purely functional, statically typed programming language. Note: See our cryptocurrency programming languages articl...
ELI5 What is Nakamoto consensus?
Cryptocurrencies are an application of the more general distributed computing field of research. While Bitcoin's potential impact on financial markets sent it straight to the ...
Proof of Stake Summary [Cryptocurrency consensus mechanisms]
In a Proof of Stake system, participants stake a certain amount of cryptocurrency in order to have a chance at being chosen to solve a block. PoS rules vary among cryptocurrenc...
ELI5 Choosing a Trezor Model
Trezor is one of the most popular hardware wallet brands available. These cool gadgets support over 1000 cryptocurrencies, making them one of the most sought after crypto items...