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).
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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 […]
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 […]
ELI5 Provably Fair Games
What is a provably fair game? The answer lies at the heart of a whole new industry which has been developed around the transparent, decentralized, nature of the blockchain. The open and decentralized consensus mechanism existent in Ethereum, Bitcoin and most major cryptocurrencies, makes it possible for anyone to verify transactions using open source software […]
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 […]
Concepts In This Page
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.
Stablecoin, or stable coins, are cryptocurrencies which are backed 1:1 (or some other ratio) against a reserve currency or bag of currencies. The most popular stablecoins are pegged to the US dollar.
A process or system by which multiple parties are able to reach consensus. In the context of cryptocurrencies, it's the process which allows for everyone to agree on everyone else's money balance. E.g. Bitcoin employs Nakamoto consensus via PoW mining.