Thursday, April 15, 2021

Monthly Archives: March, 2021

What is Dash (DASH)

Dash stands for Digital Cash and really aims at bringing cryptocurrencies to the consumer market by allowing very fast transactions required for industries such as...

What is NEM (XEM)?

NEM (XEM) NEM also has its own unique consensus algorithm, Proof of Importance (PoI) which inherently promotes network usage as a currency rather than a storage of...

What is LiteCoin (LTC)?

LiteCoin (LTC) Litecoin has been like Bitcoin’s younger brother, similar in most respects but due to lower expectations is able to change quicker than it’s larger counterpart, as...

What is Bitcoin Cash (BCH)?

Bitcoin Cash (BCH) Bitcoin Cash is a hard fork created during the controversial scaling debate. It decided to tackle the scaling problem in a different and more immediate way to Bitcoin by increasing the...

What is Ripple (XRP)?

Ripple (XRP) The first crypto backed by the banks. It has a very specific use case: providing liquidity in Forex markets between banks. Note this does...

What is Ethereum?

Ethereum (ETH) Ethereum’s meteoric rise came about due to the hype over Smart Contracts. It recently had a very large amount of ICOs on its...

What is BitCoin?

Bitcoin (BTC) The Father of cryptos, Bitcoin is considered the most secure of the cryptos, partly because it has been around the longest and therefore has the most commercial proof...

How does Cryptocurrency System Work? Consensus and Blockchain Explained

As mentioned in the Cryptocurrency Definition/Info Post, two of the defining characteristics of cryptos are their security and immutability. But how do they achieve that? Centralized organisations spend large...

What is Tangle? How does it work?

Tangle  This consensus method deserves a category of its own and isn’t even technically a blockchain. The tangle network relies on every user acting as a node. Before a...

Delegated Proof of Stake (dPoS)

What does Delegated Proof of Stake (dPoS) mean? Delegated proof of stake has two types of nodes: Witnesses, those that confirm the transactions and are...
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