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).
avax-python – Python utils for AVAX cryptocurrency and Avalanche network exploration
avax-python is a Python library and set of utils for the exploration of the Avalanche AVAX cryptocurrency and its network. The crypto.bi avax-python project began as a thin wrapper around AvalancheGo node API, but it now supports several other functionalities such as wallet address and secret phrase generation, network traffic capture, customizable protocol handlers and a lot […]
cavax – Experimental C language tools for AVAX Avalanche exploration
cavax is an experimental implementation of C language utils for the exploration of the Avalanche AVAX protocol. Initially, cavax supports limited networking and basic passive functionality (e.g. it does not actively verify vertices). cavax listens to the Avalanche network and calls hooks that you can set up to handle each message type. Some default hooks […]
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 […]
Winning Bustabit strategy: ELI5 How to consistently win at Bustabit!
Bustabit is a betting game where you try to guess the largest possible magic number in each contest. Sounds kinda dull, but there’s a catch: this number is a Bitcoin multiplier! So, there’s actual money involved in bustabit. Lots of it. How does Bustabit work? If you guess a multiplier before the game crashes, you […]
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.