You may ask yourself, “Why do we even needaltcoinsin the first place?” The answer is simple: Bitcoin is not perfect. Usually, altcoins will try to create a better or different version of Bitcoin. For example, Litecoin is an alt that confirms transactions faster than Bitcoin. Dash and ...
The structure of a cryptocurrency bubble is similar to that of a conventional financial bubble, but it is uniquely related to theprice of cryptocurrency.A crypto bubble occurs when the price of cryptocurrencies increases quickly due toinvestor speculation and FOMO. This causes prices to be far high...
Dogecoin began as a spin-off of Litecoin in December 2013. This post explains exactly what Dogecoin is and how it became so popular.
Cryptomining was introduced in 2009 whenSatoshi Nakamoto, (which is a pseudonym,) inventedBitcoin, the first implementation of a decentralized cryptocurrency. Nakamoto used cryptomining proof of work (PoW) to secure the public ledger. Records are linked using cryptographichashesto prevent them from b...
Eager to earn interest on your crypto? Staking may be the perfect strategy for you. But what is staking in crypto? Keep reading to find out.
In the crypto space, many terms are used interchangeably, which of course, makes the conversation confusing for newcomers. But broadly, there are three categories of crypto: Crypto assets/digital assets:This is the catchall term for all of the unique assets that have sprung out of the blockch...
What are the most traded cryptocurrencies? You might be surprised to learn that Bitcoin (BTC) is not the most traded cryptocurrency, although it usually sits in the top 3. Instead, it’s the dominant crypto by market capitalization – a metric that shows the circulating supply of a coin, ...
Billions of dollars in Bitcoin worldwide are associated with individual keys, which are basically long strings of text. Each key is a universally shared text file of blockchain info. Crypto wallets have a public key (for the blockchain) and a private key (for individual transactions). ...
As a young, successful angle investor, Chris Hollod has his Spidey Sense finely tuned to the next big things in the market-often long before us mortals have even heard of them. Case…
So, it might be in your interest to keep reading and then continue with your research of the alt-coins and application coins. Bitcoin was the category creator of crypto-currency and got everyone excited with huge movements in the Bitcoin price. That is what happens when it goes from $...