The metaverse and cryptocurrency are two of the most talked-about topics in recent years and for good reason. The concept of a fully-realized digital world with limitless possibilities is truly captivating. But, as we edge closer to making this vision a reality, it’s crucial to grasp the vital role that these technologies will play in shaping this new world. So join me as we delve … Continue reading Why Cryptocurrencies Are Key to The Metaverse
When it comes to cryptocurrency exchanges, one of the top concerns for many users is safety. At the end of the day, this asset class is immature and dominated by hacks, therefore it’s important to ensure that your assets are protected. You probably already know, but Binance is the leading cryptocurrency exchange in the industry and claims to be one of the safest. But is it … Continue reading Is Binance Safe? (The Truth Revealed)
One major problem that plagues digital currencies is double-spending. Ultimately, this exploit allows users to spend their funds multiple times by manipulating the records. But what you may not know is that Bitcoin removes this problem entirely. That is why in this article I will be providing a detailed explanation of how Bitcoin prevents double spending and much more. So without further ado, let’s jump … Continue reading How Does Bitcoin Prevent Double Spending?
All in all, Bitcoin is notorious for its high fees and slow processing times. As a result, the base layer is rarely used for day-to-day transactions. But what if I told you there was a solution? This is where the lightning network comes into play. This innovative scaling solution has been revolutionary in lowering fees and increasing transaction speed. In this article, I will be … Continue reading Bitcoin Lightning Network: What is It and How Does It Work?
If you have been trading cryptocurrencies and have made a profit you have probably considered selling to secure some cash. After all, the space is extremely volatile so why wouldn’t you want to hedge your risk or buy something nice with your hard-earned money? But you may be wondering, How exactly do I cash out Bitcoin? Don’t worry. In this article, I will be covering 5 … Continue reading 5 Ways to Cash Out Bitcoin
The foundation of Bitcoin lies in its extensive mining network. Ultimately, they verify transactions and therefore maintain network security. However, what you may not know is that this process is extremely energy intensive as miners compete with each other for block rewards. The energy required to verify them is known as Bitcoin difficulty and is an essential part of the network. That is why, in … Continue reading Bitcoin Difficulty: A Complete Overview
As a cryptocurrency enthusiast, you may have wondered. What is Bitcoin backed by? After all, it is not uncommon for Bitcoin to be compared to traditional currencies and commodities. Gold 2.0 as an example. Therefore, would it be a stretch to assume it is backed? Don’t worry, in this article, I will be covering what Bitcoin is backed by and much more. So without further ado, … Continue reading What Is Backing Bitcoin?
Bitcoin is the number 1 crypto and rightfully so. In 2009 this novel technology kickstarted the cryptocurrency revolution. Ultimately, it provided a more democratic currency with a finite supply. Many people call it gold 2.0. But, what you may not know is that it is secured by a decentralized network of computers known as miners. These computers solve complex problems to secure the network. Although … Continue reading Bitcoin Mining: A Beginners Guide
One of the main benefits of cryptocurrencies is their transparent nature. Essentially, the code is openly verifiable which ensures trust and integrity. Not only has this created an honest system, but it has also prevented the collapse of certain tokens by highlighting bugs and malicious code. Overall, open source software creates a democratic community that focuses on collaboration. That is why in this article, I … Continue reading Open Source Cryptocurrencies: A Beginners Guide
Launched in 2016 by Consensys, Metamask is a web 3.0 cryptocurrency wallet. With over 30 million monthly users it is one of the most popular applications in the space. Unfortunately, with this popularity comes unwanted attention. Hackers and scammers target users regularly and as a result, theft is rampant. But don’t worry. In this article, I will be covering 8 ways to use Metamask safely. So … Continue reading Metamask Security: 8 Ways to Protect Yourself
