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

ELI5 Bitcoin Price Prediction
A lot of newbie investors search for online asset price predictions and then proceed to invest based on those predictions. In this post I'll present my opinion on why this is a...
ELI5 Brave Rewards Program
Brave Rewards offers two programs : one for publishers and another one which shares the publisher ad revenue with end users. Reading the official Brave Telegram group, I notice...
ELI5 Coin Dance
Coin Dance is a Bitcoin statistics website which presents lots of interesting data about Bitcoin, Bitcoin Cash and Bitcoin SV. The main interface presents side-by-side comparis...
ELI5 The Binance Exchange
Binance is a cryptocurrency exchange founded by Changpeng Zhao in China, in 2017. Although Binance had a late start when compared to Poloniex, Bitfinex and others, it quickly g...
ELI5 How to mine Monero
Mining cryptocurrencies may seem out of fashion in 2020, but there's still a lot to be learned (and earned) from the experience of validating blocks in exchange for a reward. A...
ELI5 What are block confirmations?
All blockchain consensus mechanisms depend on some kind of verification that a certain value has been correctly added to the blockchain. The process of verifying the values in ...
ELI5 What are Masternodes?
Masternodes are the latest cryptocurrency hot topic. Investors looking to make passive income in cryptocurrency have been taking a second look at several Proof of Stake technologi...
ELI5 Darknet Markets
Darknet markets are hidden Tor services that often provide access to illicit goods, drugs, counterfeits and other illegal trade. Since the intention behind these marketplaces i...
ELI5 Saint Bitts – What is it? What’s St Bitts LLC?
Saint Bitts LLC is a company registered in the Federation of Saint Kitts and Nevis. Play on Saint Kitts The company name, Saint Bitts, changing Kitts for Bitts, is a Bitcoin...
ELI5 : How to mine NEO
Many cryptocurrency newbies ask us how to mine NEO. This is a recurring question, so we decided to write a short post to clarify how to properly obtain NEO cryptocurrency. M...