Category Archives: Basic Concepts

Understand the Basics of Trading Cryptocurrencies

Cryptocurrencies can be traded in many different ways which, in the end, aren’t very different from the stock, option and derivative markets. The same models used in centralized stock markets were applied to cryptocurrencies, adjusting the business r...

Understand how decentralized cryptocurrency exchanges work

Decentralized cryptocurrency exchanges are true P2P systems where investors can trade cryptos directly with their counterparts, without a centralized middleman. To better understand decentralized exchanges, we’ll first take a look at centralized exch...

Why use Bitcoin?

Bitcoin is a revolutionary form of digital cash that has provided the world with a new vision about money and the decentralization of power. The feeling of being one’s own bank, of being in control over the currency, has spread like wildfire around t...

What is Bitcoin?

Bitcoin is a decentralized peer-to-peer cryptocurrency that is based on work published by Satoshi Nakamoto. The first Bitcoin transactions happened on ...

Understand the basics of smart contracts

What’s a smart contract? What makes it smart? How can I deploy my own contracts on the Ethereum blockchain? In this article we explore these questions and give you an overview about smart contracts and their revolutionary contribution to the...

Understand the Lightning Network

What is the Lightning Network? Why is it being talked about so much? Here’s a brief intro to this new development in the Bitcoin ecosystem and how you can use it to your advantage. Bitcoin’s blockchain and the tokens exchanged via this chain, B...

How do ICOs work?

ICO’s are the cryptocurrency world’s equivalent of stock market IPO’s. The crowdfunding concept, made popular in the late 1990’s by rock bands seeking support for independent album releases and touring, is taken a step further by IC...

What is the difference between digital money and cryptocurrencies?

Cryptocurrencies are a form of digital money, but what we normally understand as digital money is represented in fiat currency. For instance, prepaid cards, virtual credit cards and other forms of digital money are simply fiat money deposited into some acc...

Understand what Bitcoin needs to scale

Bitcoin has survived the most sophisticated attacks ever devised against any modern┬áconsumer technology. There’s probably not a single mass consumer product which has been tested more aggressively and through more advanced methods than Bitcoin. But ...

What can I buy using Bitcoin?

Bitcoin-accepting shops are expanding very quickly as the cryptocurrency gains popularity among customers. While cryptocurrency payments are still considered a novelty in most places we’ve visited, slowly this fabulous payments system is becoming the...