As you must have heard the term “fork” which have been used often in discussions about blockchain. A blockchain is a continuously growing list of records that are called blocks.
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You must have heard about liquidity pools in cryptocurrencies. They are trading pools where cryptocurrencies are traded privately without going through a central exchange. They have the potential to be
Transactions in cryptocurrency also cannot be traced back to the individual making them, which protects users’ privacy. As you know anonymity is one of the most important properties of cryptocurrencies.
If you have bought cryptocurrency in the lastweek, you’ve probably heard the term “minting”.It’s the process by which new coins are created andadded to a blockchain.The basic process of minting
If you want to invest in cryptocurrency, thenproof of stake is a good option to consider.It is a more environmentally friendly way ofvalidating transactions, and can offer you a goodreturn
Bitcoin is often referred to as “digital gold” by itsbackers.The term refers to the idea that bitcoin can providea store of value similar to gold one that’suncorrelated with other financial
As you know that the first cryptocurrency, Bitcoin,used Proof of Work to secure the network.This means that miners are needed to validatetransactions and create new blocks on theblockchain.This requires a
A DAO is like a traditional company, but without acentralized decision-making structure.A DAO is a decentralized autonomous organization.It’s a new type of organization that is powered bycode and run by
In contrast to your handwritten signatures,cryptocurrency signatures are digital proofs that aregenerated by computers.Also in the context of cryptocurrency, a signature is adigital authentication mechanism that is used toprevent the
If you want to buy a cryptocurrency, you can go toone of the cryptocurrency exchangesand sign up for an account.As of right now, there are two main cryptocurrenciesthat are being
