ELI5

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 thrown around in technical discussions.  Welcome to our ELI5 article on merkle r...
 
ELI5 PSBT – Partially Signed Bitcoin Transactions by @Cryptobill
One of the key concepts behind cryptocurrencies is that you should not be obligated to know or trust your peers. Therefore every development in Bitcoin Core must have a decentraliz...
ELI5 What is OpenBazaar? by Gal Crypto
OpenBazaar is a P2P application that allows people to sell their artworks, creations and anything else via a 100% decentralized marketplace. There is no middleman and no fees to...
ELI5 What is Bitmessage? by @Cryptobill
Bitmessage is a messaging protocol designed by Jonathan Warren in 2012. The purpose of Bitmessage is to allow parties to communicate with each other in a secure and 100% decentr...
 
ELI5: Paradigm and Deribit OTC trading by @Cryptobill
Paradigm is a new chat platform that aims to take over from Telegram as the de-facto cryptocurrency chat/trading platform. Telegram's success in the crypto community was organic...
ELI5: What is BetterHash? by @Cryptobill
BetterHash is a mining method developed by Bitcoin Core developer Matt Corallo. The main idea behind BetterHash is to improve decentralization of Bitcoin mining efforts. The ...
ELI5 USI Tech / Eyeline Trading / Wealth Boss. Scam? Ponzi? What’s the deal? by @Cryptobill
USI Tech was a MENA region (UAE-based) cryptocurrency exchange which has been accused of operating a ponzi scheme. As of this writing, USI Tech's website is unreachable. There i...
 
ELI5: What is a full node? by @Cryptobill
A full node is a network connected computer that runs the official cryptocurrency client and has a complete and synchronized copy of the blockchain. When Bitcoin first appeared,...
ELI5: Cryptocurrency master keys by @Cryptobill
A cryptocurrency master key is a theoretical concept where one specially crafted cryptographic private key would be able to decrypt ciphertext encrypted using any public key. As...
ELI5 Bitsquare (BISQ) by @Cryptobill
What is Bitsquare? Bitsquare is the former name of a decentralized cryptocurrency exchange. It was renamed to BISQ in March 2017 due to trademark-related concerns. BISQ Bitsq...