Crypto Basics

Category description – Bitcoin was invented by a pseudonymous individual or group named Satoshi Nakamoto in 2008 and is the world’s first enduring cryptocurrency that succeeded where decades of digital cash experiments failed.

What is Poldadot (DOT)?

Reading Time: 13 minutes Polkadot (DOT) is a cutting-edge, scalable, and interoperable blockchain platform designed to connect multiple blockchains seamlessly. It enables cross-chain communication and collaboration, fostering innovation and

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What is Proof-of-Work?

Reading Time: 8 minutes Proof-of-Work (PoW) is a consensus mechanism used in cryptocurrency networks, which requires miners to solve complex mathematical puzzles to validate transactions, create new blocks, and

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What is polygon?

Reading Time: 4 minutes Polygon is a cryptocurrency that uses the symbol MATIC, as well as a platform that helps Ethereum blockchains scale and connect.    Polygon was formerly

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What is Ripple?

Reading Time: 4 minutes Ripple is a digital payment network that has its own cryptocurrency, XRP.  The concept started between 2004 and 2005 when RipplePay was developed by Canadian

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What is DeFi?

Reading Time: 4 minutes Decentralized finance, also known as DeFi, refers to financial services that are democratized and don’t have a central authority. The opposite of DeFi is centralized

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What is QTUM?

Reading Time: 5 minutes What is Qtum? Usually pronounced “Quantum,” and with the ticker code QTUM, the cryptocurrency is best described as a hybrid between Bitcoin and Ethereum. Bitcoin

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What is Blockchain?

Reading Time: 4 minutes Blockchain is the underlying technology that powers most cryptocurrencies such as Bitcoin, Ethereum, Cardano, Solana, Bitcoin Cash, etc. A blockchain is essentially a public ledger that keeps a record of all transactions that happen on a cryptocurrency network. Blockchains are maintained and upheld by a decentralized network of nodes. Each node keeps a record of the blockchain. There can be hundreds, thousands, or even tens of thousands of nodes or more for a single blockchain.

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