How to start investing in cryptocurrencies?
One thing distinguishes a successful investor from an unsuccessful one – the successful ones got started. And when you already dare to invest in cryptocurrencies, you are overwhelmed with questions. But don’t worry, we are here and have some tips for crypto beginners. 🔸 Start with small amounts, even $10. In this way, you will […]
Bitcoin’s closest relative. What is Litecoin?
Litecoin was created via a fork of the Bitcoin source code and is one of the oldest altcoins. It was launched in 2011 by Charlie Lee and is a peer-to-peer digital currency that is developed on an ongoing basis in the scope of open source projects. How is Litecoin different from Bitcoin? 🔸 Litecoin also […]
What is crypto jacking?
“Psss… Friend. Want to rent a set of mining facilities to make a profit on these suckers?” This phrase was overheard on the expanses of DarkNet. So, let’s talk about such a phenomenon as cryptojacking. Today, a serious deterrent to the cryptocurrency business is the lack of processing power needed to mine bitcoins and other […]
What is Market Capitalisation and why does it matter?
Market capitalization is an indicator that measures and tracks the market value of a cryptocurrency project or individual coin. In general, the higher the market capitalization of a cryptocurrency, the more dominant it is in the market. How is Market Cap calculated? The market cap of a cryptocurrency is determined by the current price multiplied […]
Cryptocurrency for solar energy
There is a cool project that stimulates the development of alternative energy sources – SolarCoin (SLR). It’s an altcoin created in 2014 to encourage people to use solar electricity, which is produced and accumulated through the operation of a solar battery. How it works? If you are the owner of a solar battery, then you […]
What is ICO?
The Initial Coin Offering (ICO) is the equivalent of an initial public offering (IPO) in the cryptocurrency industry. A company looking to raise money to create a new coin, program or service may launch an ICO as a way to raise funds. What is the difference between an ICO and an IPO? When a company […]
What is Wrapped Token?
The wrapped token is a cryptocurrency token tied to the value of another cryptocurrency. It is called a wrapped token because the original digital asset is placed in a “wrapper”, essentially a digital vault. It’s like a bridge that connects two different blockchains such as BTC and Ethereum for example. The biggest advantage of such […]
What is hash?
Hash is a mathematical algorithm that converts information into code. With it, miners turn large amounts of data into compact records that are easy to protect, store and transmit. In essence, a hash is every new chain in a block. The transaction hash in the bitcoin blockchain consists of 64 characters weighing 256 bits. The […]
#CryptoDictionary. What is fork?
Cryptocurrencies like Bitcoin and Ethereum are powered on decentralized open-source software called a blockchain. A fork happens whenever someone makes a change to the blockchain’s protocol, or basic set of rules. That is, a fork is the division of a cryptocurrency blockchain into two branches. In other words, it is a change in the source […]
How to be a better trader?
The market for decentralized finance is constantly evolving and the number of new projects that can be invested in is growing. Here are some tips for more successful cryptocurrency trading: 🔸 Identify opportunities. Learn to recognize coins with great potential to grow and be ready to jump on them when the time is right. To […]