Jun 20, 2022
UNSPENT TRANSACTION OUTPUT (UTXO) EXPLAINED
An unspent transaction output (UTXO) is the leftover cryptocurrency in a wallet, following a transaction. So, for example, if you have 10 BTC as your Bitcoin balance, it isn’t just a single unit of 10 BTC but accumulated UTXOs of several leftover balances....
Jun 19, 2022
INITIAL DEX OFFERING (IDOs) EXPLAINED
The Initial DEX Offering, or IDO, is an offering that symbolizes any asset maintained on a decentralized exchange (DEX). Tokens are instantly posted on the DEX, via which they are launched in an IDO....
Jun 15, 2022
TIPS AND TRICKS FOR PROFITABLE NFT INVESTMENTS
1. Invest in a Strong Community 2. Roadmap is Important 3. Look Out For Whitelist Mint 4. Know when to Buy/Sell 5. Stake NFT for passive income 6. Find Rare NFTs...
Jun 14, 2022
Beginner's Guide to Staking and Staking Pools
Staking is a mechanism that entails storing funds in a cryptocurrency wallet to help secure & operate a blockchain network. It is the process of locking crypto assets to obtain rewards. Staking consumes less energy than mining because it does not need high computational tools to earn cryptocurrency....
Jun 13, 2022
CeFi vs. DeFi -What is the difference?
CeFi (centralized finance) & DeFi (Decentralized Finance) both have the same goal, i.e., decentralization by giving individuals access to the financial system. However, they achieve these goals in different ways....
Jun 10, 2022
A Beginner's Guide to Atomic Swap
Atomic swaps are highly decentralized and allow crypto asset holders to trade coins directly between blockchains (i.e., an exchange between an Ethereum blockchain and a Bitcoin blockchain). Atomic swaps employ hash timelock contract technology (HTCL)....
Jun 10, 2022
WHAT ARE MINING POOLS?
A mining pool involves the collaboration of hundreds or thousands of interdependent miners running the same mining software (client). Since they have cumulatively invested their resources towards mining, they will stand a better chance of earning mining rewards....
Jun 08, 2022
WHAT ARE PRIVATE BLOCKCHAINS, AND HOW DO THEY WORK?
A private blockchain is a centralized ledger maintained and controlled by permissioned members of a private organization who oversee and validate all transactions....
Jun 08, 2022
What is GameFi?
GameFi is a combination of 'game' and 'finance,' which rewards players with financial incentives. It refers to games built on a blockchain protocol that allows users to make money by playing....
Jun 07, 2022
What is Blockchain Technology?
The blockchain is a database organized in the form of a chain of blocks, each of which holds a sequence of data. blockchain technology is a digital ledger that records transactions in its most simple form. However, these transaction records can't be tampered with, modified, deleted, or destroyed....
Jun 05, 2022
HOW TO CARRY OUT CRYPTO FUNDAMENTAL ANALYSIS
Fundamental analysis evaluates an asset based on available data without pay attention to the price action of an asset; instead, it tries to ascertain the inherent value of an asset via its utility, roadmap, and relevance. As a result, investors can see if an asset is overvalued or undervalued....
Jun 02, 2022
NFT Communities To Join In 2022
NFT communities are very similar to traditional communities; they are virtual communities that offer perks in both the real and virtual worlds. 1. Beanz NFT collection 2. PXN – Ghost Division 3. Ragnarok Meta 4. Cool Cats NFT 5. World of Women (WOW) NFT...