Basic Concepts

In the Basic Concepts category you will find introductory articles that range from the very basics (such as the ELI5 subsection) to medium difficulty subjects (e.g. beginning programming).

The concepts presented on this section are recommended for those beginning with cryptocurrency programming, investing, mining and other crypto related activities which involve some technical background.

ELI5 Dogecoin Halvings by Gal Crypto
Dogecoin is an early Bitcoin fork released in 2013. Although not as popular as it once was, Dogecoin has continued to attract social media users due to its fast transactions, lo...
ELI5 Coin Dance by Gal Crypto
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 compariso...
ELI5 Brave Rewards Program by @Cryptobill
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 What are Masternodes? by @Cryptobill
Masternodes are being talked about everywhere. But I've noticed that newbies don't really know what they are. Here goes the ELI5 version of how Masternodes work. Decentraliz...
ELI5 What is the best cryptocurrency? by @Cryptobill
I've seen this asked a lot so I thought I'd post about it. What's the best crypto? My impulse is to reply "there's no such thing". But then, after a moment of thought, I reali...
ELI5 Bitcoin Puzzle Transactions by Gal Crypto
Bitcoin puzzle transactions are created as a challenge and not for the usual purpose of monetary transfer. Early Puzzles In the early days of Bitcoin, with the extremely low valu...
ELI5: CoinMarketCap by Gal Crypto
CoinMarketCap, often abbreviated CMC, is the name of a pioneering data provider which became the de-facto market cap and coin price reference for cryptocurrency traders. Over The ...
ELI5 : Bitcoin Pizza by @Cryptobill
Bitcoin Pizza is the popular name given to an early transaction where Laszlo Hanyecz paid 10,000 BTC for two Papa John's pizzas. On May 18, 2010, Laszlo posted a thread to Bitco...
ELI5 What is a Merkle Root? by @Cryptobill
If you've been around cryptocurrencies for a while then you've probably heard the term Merkle Root mentioned in technical discussions. Today we'll take a look at this interesting c...
ELI5 PSBT – Partially Signed Bitcoin Transactions by @Cryptobill
One of the key concepts behind cryptocurrencies is that you should not have to meet, much less trust, your peers in order to perform successful transactions. That's why every new a...