ELI5 What’s a cryptocurrency whitepaper?
The term whitepaper originated in Great Britain, due to the color of government-issued documents in the early 1900's.
The famous Churchill white paper of 1922 (featured above)...
ELI5: What is WINk? [Formerly TRONBet]
WINk is a decentralized gaming application hosted on the TRON blockchain.
Previously known as TRONBet, the platform is now live at WINk.org
At the time o...
ELI5 What’s a stablecoin?
Since the beginning of cryptocurrency history, most crypto assets have been known to experience enormous oscillations against the US Dollar (or some other legacy fiat currency).
Our Avalanche [AVAX] Price Prediction [Opinion]
If you’ve been following us, then you may have read that we believe Avalanche AVAX is a 20x investment. Why, you may ask? Because we think AVAX is definitely a top 10 cryptocurrency. And, by reaching top 10, Avalanche would have gained 20x at today’s prices. But first, an important legal notice. Disclaimer Nothing in […]
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 […]
Avalanche AVAX : An obvious 20x is upon us [Avalanche Price Opinion]
Price prediction is the riskiest business out there – and this article may well be the riskiest thing I’ve ever written. But this seems like such an obvious one to me, I’m a bit surprised others haven’t put this out there before. Perhaps everyone’s just quietly filling the bags with Avalanche before it explodes? Time […]
Scrape AVAX network peers using avax-python
P2P networking is the single most important technical functionality in all cryptocurrency implementations. The decentralized nature of Bitcoin, AVAX, Ethereum and others requires peers to talk to each other 24×7 in order to find out about transactions, new blocks, vertices (for DAG-based cryptos like AVAX) and so on. Even if you had the world’s most […]
Concepts In This Page
Verified Random Functions
Verified Random Functions are distributed random data generators whose output may be later verified. In the Cardano protocol, a VRF is used to generate random slot numbers which can be verified at a later epoch, thus proving that mining pools did indeed have the right to mint that slot.
Cryptocurrencies have sparked renewed interest in the search for sustainable energy sources, including hydro mining and solar power.
Hydromining is the practice of using water to generate electrical energy required for cryptocurrency mining.
Avalanche is a consensus protocol introduced by Rocket Team in 2018.
It is an entirely new consensus protocol which builds upon classic consensus and Nakamoto consensus.
Whitepaper is the name given to published research reports.
A marketing tactic where cryptocurrency is given away in order to build a community around the new coin.
An infamous scam method which targets cryptocurrency newbies. It promises to give away a multiple of whatever cryptocurrency you send them. Users send coins but never receive anything back.
In the early days of cryptocurrencies there were several legit coin giveaways. In recent times, most giveaways are scams.