Learn about the history, technology, operation and blockchain of the major cryptocurrencies.
Cryptocurrencies and blockchains What is crypto mining? That’s the process of validating blocks on the blockchain by solving mathematical problems by the computer of anyone on the planet, even you. The miner gets back a % of the mined cryptos to be rewarded. Cryptocurrency is a combination of two words; “Crypt” and “Currency” Crypt …
NFT: Non-Fungible Token, they are all different NFT for Non-Fungible Token is an asset representation. It is a unique cryptocurrency compared to most tokens. Indeed they cannot be changed with other assets even if they are similar. For example, a dollar is a fungible token because every dollar costs one dollar. There is no …
DeFi is an acronym for Decentralized Finance. It is used for Cryptocurrency and Blockchain. The goal is to get rid of financial intermediaries. Reminder: Centralized Finance Over the years people have depended on traditional financial institutions for all transactions. The traditional financial institutions also known as Centralized financial systems include banks, insurance, stock markets …
Ripple : to move money around the world Back in the year 2004, computer programmer Ryan Fugger had the vision to have banks to decentralized monetary system where companies would create their own money. This gave birth to Ripple which was successful but had a small network and centralized software. In 2012 Ripple pay …
History of Cardano Cardano is an open source and peer-reviewed devolved cryptocurrency blockchain. It is the first of its kind to be ever made. Cardano started in 2015 and was officially launched in 2017, its founders being Charles Hoskinson and Jeremy Wood. Charles Hoskinson is also a co-founder of Ethereum and Bitshares Hoskinson left …
Created by Gavin Wood, cofounder of Ethereum, Polkadot has raised $144,3 millions in October 2017. This money has been found thanks to an Initial Coin Offering (ICO) which is the equivalent of a crowdfunding for cryptocurrencies. Polkadot : to unify all the blockchains Polkadot is a multi-chain software or a cross-chain network whose aim …
Tether stablecoin : History and Stability Tether is a stablecoin pegged to a fiat United States Dollar. It is a blockchain-based cryptocurrency. It is a digital dollar because its value is equivalent to 1 USD. Also known by its ticker symbol USDT, it has been in existence since the year 2014. It all started …
Binance Coin (BNB): Origin and Use Founded in 2017 by Changpen Zhao and Yi He, Binance Coin abbreviated as BNB is the native coin of the Binance blockchain. It was initially based on the Ethereum blockchain performing on the ERC2O before broke its ties in 2019 to be an independent blockchain. Binance offers a …
Started in 2014 by Vitalik Buterin and launched in 2015, Ethereum is an open-source blockchain that is decentralized. It brings the functionality of Smart Contract. In simple terms, it is an open-source computing platform and operating system. It uses Ether as its default cryptocurrency of the platform. Any developer can build and publish applications …
Read moreWhat is Ethereum (ETH) ? Smart Contracts & Decentralized Applications
Bitcoin is a digital currency, it is also a type of cryptocurrency. To understand what it is, we have to come back to October 31, 2008. Indeed on that date, an unknown person or group by the name of Satoshi Nakamoto published a 9-page White Paper. Commonly noted BTC, it began to be used …
