Investing in cryptocurrency has been one of the most profitable ventures of the last decade. In recent years, along with the famous Bitcoin, a whole bunch of other digital currencies have emerged. As the supply started surpassing the demand, the… Continue reading What is a token and its meaning
cryptocurrency
Cryptocurrency briefly and clearly
The first attempts to create an independent digital currency began right away after the emergence of the World Wide Web. However, trust in such projects was practically non-existent, so they gained little popularity. Indeed, the initial developments were quite weak,… Continue reading Cryptocurrency briefly and clearly
Decentralization in simple words
The popularity of blockchain technology is closely related not only to the fact that it enables the functioning of numerous cryptocurrencies. The primary benefit of this technology is decentralization. But what is it? Before cryptocurrency, all information in the world… Continue reading Decentralization in simple words
What is DeFi? The Complete Guide to Decentralized Finance
DeFi, or decentralized finance, is challenging modern banking. It seems that the outdated financial system can not meet the needs of 21st-century users. And it’s exactly the reason why DeFi is becoming more and more popular every day. DeFi makes… Continue reading What is DeFi? The Complete Guide to Decentralized Finance
Differences between Permissioned and Permissionless Blockchains
In the last years, blockchain technology has gained quite a popularity with the emergence of multiple motley projects developed by private and public agencies. Nevertheless, blockchain is still a pretty new concept, and there could be a misunderstanding of some… Continue reading Differences between Permissioned and Permissionless Blockchains
What is blockchain?
A blockchain is a digital database distributed among nodes or computers in one network. Primarily, blockchains are associated with cryptocurrency as they ensure encrypted (read completely secure) transactions and storing of information on them. The most known blockchains are Bitcoin… Continue reading What is blockchain?
Bitcoin for dummies
Bitcoin and other cryptocurrencies have gained worldwide fame and attracted the attention of even those who were initially far from the cryptocurrency market. Now the BTC rate is reported in the news reports along with the quotes of the usual… Continue reading Bitcoin for dummies
Cryptocurrency in simple terms
A blockchain-based currency that only exists on the Internet Cryptocurrency is a means of payment that exists only on the Internet. It has no paper equivalent, and its value does not depend on the state. Usually, to transfer money from… Continue reading Cryptocurrency in simple terms
