Basic Concepts

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ELI5 Crypto cap
December 3, 2018
ELI5 Crypto cap
"Crypto cap" may refer to different things, depending on context. Unless it's a stylish wearable hat with a reference to cryptocurrencies on it, then crypto cap probably refers ...

2
Can I buy Bitcoin at Walmart?
November 29, 2018
Can I buy Bitcoin at Walmart?
It's not possible to buy Bitcoin at Walmart directly but there are indirect methods that you can use. Some sellers do not accept cash, Visa or Mastercard (!) on their Bitcoin sa...

3
ELI5 Is Coinbase safe?
November 29, 2018
ELI5 Is Coinbase safe?
There's an old saying by cryptocurrency experts that goes a little like this: "if you don't control your private key, then you don't really own cryptocurrency." This is technica...

4
ELI5 How many Bitcoins are there? Is the number of Bitcoins limited?
November 29, 2018
ELI5 How many Bitcoins are there? Is the number of Bitcoins limited?
tl;dr; There are 17.4 million Bitcoins in circulation today. Yes, Bitcoin supply is limited. Bitcoin is capped at 21 million BTC. This limit will be reached in the far future as bl...

5
ELI5 How to mine Litecoin
November 29, 2018
ELI5 How to mine Litecoin
Litecoin is a top 10 ranked cryptocurrency that's been around since 2011. It was forked from the main Bitcoin source code by a developer called Charlie Lee. Bitcoin's hashing al...

6
ELI5: What is Cryptocurrency Micromining?
November 25, 2018
ELI5: What is Cryptocurrency Micromining?
Micro mining is a type of cryptocurrency mining where usually large quantities of small and low computing power devices execute the mining work. The idea stemmed from concepts r...

7
ELI5 : What is Proof of Trust (PoT)?
November 18, 2018
ELI5 : What is Proof of Trust (PoT)?
Proof of Trust is a consensus mechanism where users "stake" the trust they've earned in a network in order to verify cryptocurrency transactions. In a proof of trust system, use...

8
What is cryptocurrency geomining?
November 17, 2018
What is cryptocurrency geomining?
Geomining is a cryptocurrency consensus mechanism where the participants' geographic locations are used as proof of value. Though the concept may seem vague at first, it is actu...

9
ELI5 Cryptocurrency
November 10, 2018
ELI5 Cryptocurrency
If you're just getting started in the world of cryptocurrencies then the amount of information may seem overwhelming. Blockchains, forks, stablecoins, mining, staking, complex e...

10
ELI5 Bitcoin to USD conversion
November 10, 2018
ELI5 Bitcoin to USD conversion
Bitcoin itself does not offer a US Dollar for Bitcoin exchange system. If you've just arrived in the world of cryptocurrencies, this may cause some confusion. Bitcoin is a co...
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