See Also
2016 Bitcoin and Altcoin Hacks [Part 8]
This article is part of our complete guide to Bitcoin and altcoin hacks. Here we cover Bitcoin and altcoin security incidents from the year 2016. Gatecoin In May 2016 an attack on Gatecoin’s hot wallets cost them U$ 2 million in damages. As much as 185,000 ETH and 250 BTC were stolen in the heist. […]
ELI5 What’s a stablecoin? [Nov 2018]
Since crypto beginnings, most crypto assets have been known to experience huge oscillations against the US Dollar (or some other legacy fiat currency). This has arguably scared many risk averse investors away from cryptocurrencies. More conservative investment instruments such as blue chip corporate bonds and Treasuries usually oscillate very little. Bitcoin, on the other hand, […]
About Ethereum EVM’s high GAS cost
As cryptocurrencies mature, the promise of a worldwide distributed ledger and computing platform is now taken for granted by businesses around the world. Billions of dollars were raised in ICOs which leveraged Ethereum’s computing platform. Smart Contracts are no longer seen as a marvel, but form the core of several successful business ventures. Note: This […]
ELI5: Blockchains explained in simple terms
A blockchain is a database formed by a sequence of entries called (you guessed it) blocks. Blockchains have a special characteristic by which any attempt to modify one of its entries would modify the entire chain. It is, therefore, an immutable data structure, which stores blocks in chronological order of insertion. This makes blockchain a […]