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).
Betform: Smart Contract Powered Social Betting Platform
Update This project seems to have been abandoned. The most recent tweet was published in 2019 and the project’s Telegram group has vanished. We’ve moved this project to the Dead Coins section. Original Text When the founders of Betform got together to start the company, it was their vision to have assets on the blockchain […]
Why the gaming community will take blockchain and cryptocurrencies mainstream
Video games have been the basis for many innovations in other industries – from defence to healthcare to advanced manufacturing. Games also help with the creation of new technologies that require a rapid adoption to bring prices down. Think about the Japanese telecommunications industry, which had mobile games support the creation of the world’s first […]
MECACoin: Decentralized and trusted online casino platform
2020 Update Both the MecaCoin project’s Telegram group and Twitter have vanished. We’ve moved this project to the Dead Coins section. Original Post There are many online casinos operating legally, but legality does not guarantee a regulation of fairness. In traditional (non-blockchain) online casinos, game systems and winning distributions lack transparency and there is no […]
Introducing Coinrace – A new decentralized betting game for the blockchain
Update There has been no activity in the project’s Telegram group since inception. The project’s domain name has been placed for sale. For these reasons, we’ve moved this project to the Dead Coins section. Original Post A new decentralized betting game with the guts and code to take over the cryptokitties wave is out. Coinrace […]
Concepts In This Page
Whitepaper is the name given to published research reports.
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.
Proof of Stake
Proof of Stake is a consensus mechanism in which block verifiers prove their commitment to the network by staking their coins instead of by proving they performed some work (contrast with Proof of Work).
Staking is the process by which users delegate their Proof of Stake voting rights to a staking pool. The pool then verifies transactions on the users' behalf and, similarly to mining pools, share some of the profits back with the stakers.
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.