ELI5

ELI5 Crypto cap by @Cryptobill
"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 ...
ELI5 Wraith Protocol by @Cryptobill
Wraith protocol was introduced by the Verge cryptocurrency team in late 2017. It allows users to choose whether to make their transactions private or not. The initial Wraith ...
Can I buy Bitcoin at Walmart? by @Cryptobill
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...
ELI5 How many Bitcoins are there? Is the number of Bitcoins limited? by @Cryptobill
tl;dr; There are 17.4 million Bitcoins in circulation at the time of this writing. Bitcoin supply is limited at 21 million BTC. This limit will be reached in the far future as bloc...
ELI5 How to mine Litecoin by @Cryptobill
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...
ELI5 : What is Proof of Trust (PoT)? by @Cryptobill
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...
ELI5 Cryptocurrency by @Cryptobill
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...
ELI5 Bitcoin to USD conversion by @Cryptobill
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...
ELI5 What’s a stablecoin? by @Cryptobill
Since the beginning of cryptocurrency history, most crypto assets have been known to experience enormous oscillations against the US Dollar (or some other legacy currency). This...
ELI5 : How to mine NEO by @Cryptobill
Many cryptocurrency newbies ask us how to mine NEO. This is a recurring question, so we decided to write a short post to clarify how to properly obtain NEO cryptocurrency. Mini...