CryptoCurrency

Woot Woot! ~$4.50 wins me ~$12.75 in Bitcoin Cash coin!

What Is a Hard Fork? A hard fork (or hard-fork), as it relates to blockchain technology, is a radical change to a network’s protocol that makes previously invalid blocks and transactions valid, or vice-versa. A hard fork requires all nodes or users to upgrade to the latest version of the protocol software. Forks may be initiated by developers or members of… Read more: Hard Fork: What It Is in Blockchain, How It Works, Why It Happens – delete?

A decentralized autonomous organization (DAO) is an emerging legal structure with no central governing body whose members share a common goal to act in the entity’s best interest. Popularized through cryptocurrency enthusiasts and blockchain technology, DAOs are used to make decisions in a bottom-up management approach. KEY TAKEAWAYS What Is the Purpose of Decentralized Autonomous… Read more: Decentralized Autonomous Organization (DAO)

Argo, the AI crypto-mining coin is here, and here is how to mine it! First, we will need to create a wallet. There are a few out there to choose from, but since we already are using Coinbase and Metmask, We are established there; we will deposit there. As of this writing (26DEC2023), these are… Read more: Argo Coin – POW/POV – Wallets

Empowering Community, Democratizing AI We stand at the forefront of a revolution. Devolved AI is not merely a tech entity but a beacon for a future where Artificial Intelligence is democratically powered by a diverse, global community. Our mission is to dismantle the centralization of AI technology, ensuring it serves the many instead of the… Read more: What is Argo Coin – Devolution

Woot Woot! ~$5 wins me ~$50 in RVN coin!

Welcome to Influence Influence is a space strategy sandbox MMO set in the asteroid belt of the Adalia system. Adalia is humanity’s new home after an ill-fated journey aboard the Arvad, a multi-generational ship that fled a dying Earth. Compete with other players through multiple avenues: mining, building, trading, researching, and fighting. Colonize asteroids and… Read more: Influence – Space-Aged dApp from StarkNet

What Is Decentralized Finance (DeFi)? (Updated 5DEC2023)Decentralized finance (DeFi) is an emerging financial technology based on secure distributed ledgers similar to those used by cryptocurrencies. In the U.S., the Federal Reserve and Securities and Exchange Commission (SEC) define the rules for centralized financial institutions like banks and brokerages, which consumers rely on to access capital and financial… Read more: What Is Decentralized Finance (DeFi) and How Does It Work?

Today, I “Caught the Block” with Nicehash’s Mining packages. I wagered $4.17 and won $48.49 in RavenCoin! Woot Woot!

All about the upcoming Layer-2 and how to farm BLAST crypto tokens Amongst the most promising EVM-compatible Layer-2 blockchains, Blast emerges as a new player. Announced in November 2023, this platform is the latest innovation from the creators of Blur, the leading NFT marketplace aggregator. Learn more about Blast, its innovative features, and its potential… Read more: What is Blast? Blur’s Native Yield L2 and Token Airdrop Explained

Blast is an L2 with native yield for ETH and stablecoins. Yield makes it possible to create new revenue streams and provide novel rewards for end-users. Users transact in ETH. Dapps are built around ETH. Blast was designed from the ground up so that ETH is natively rebasing on the L2. Blast has raised $20… Read more: Blast Airdrop

On Nov. 21, 2023, Blast, a new second-layer solution on Ethereum (ETH), caused unprecedented hype on social media. Over $87 million in liquidity is injected into this on-chain bridge by press time. Read more on U.Today https://u.today/what-is-blast-ethereum-staking-l2-that-spiked-by-20000-in-tvl What is Blast, novel Ethereum staking L2: Highlights Blast L2 protocol attempts to change how Ether (ETH) is staked… Read more: What Is Blast? Ethereum Staking L2 That Spiked by 20,000% in TVL

Ethereum Layer-2 Blast has created unprecedented hype on social media and has seen over $225 million in staked ETH (stETH) and stablecoins deposited since Monday, despite withdrawals being shut until March.  With the influx of liquidity, Blast has become the seventh-largest holder of staked ETH.  Blast Faces Skepticism Despite Hype  Blast, a layer-2 blockchain set… Read more: Blast, an Ethereum L2, Has Crypto Users Divided Despite The Hype

Starknet is a Layer 2 (L2) scaling solution for the Ethereum network created by the StarkWare team. A ZK rollup implementation, Starknet exists to address the scalability challenges of Ethereum by enabling drastically faster and drastically cheaper transactions compared to the L1 mainnet. The L2 accomplishes these optimizations all while maintaining its own security and decentralization by being layered… Read more: Introducing StarkNet

Blockchains aim to achieve three core attributes: security, decentralization, and scalability. In the blockchain world, a well-known trilemma is that achieving only two concurrently in a given system is possible, inevitably requiring a compromise on the third. Ethereum places a higher emphasis on security and decentralization, impacting its scalability. Growth in Ethereum users leads to… Read more: How Starknet Scales Ethereum

Starknet has announced on the X platform that after Goerli is discontinued, it will migrate its test network to Sepolia. The Goerli test network will be discontinued at the end of 2023, and Starknet encourages developers to migrate to the Sepolia test network as soon as possible. Starknet will begin migrating to the Sepolia test… Read more: StarkNet will begin migrating to Sepolia testnet on November 15th

Bankman-Fried, convicted on seven charges, faces a maximum sentence of 110 years. FTX founder Sam Bankman-Fried was convicted of defrauding customers by a federal jury today. He was convicted on all seven counts, Reuters and other news outlets reported. The 12-member jury returned the verdict after several hours of deliberation. The seven charges are wire fraud on customers… Read more: Guilty: Sam Bankman-Fried convicted on all counts after monthlong trial

What Are Barriers to Entry? Barriers to entry is an economics and business term describing factors that can prevent or impede newcomers into a market or industry sector limiting competition. These can include high start-up costs, regulatory hurdles, or other obstacles that prevent new competitors from easily entering a business sector. Barriers to entry benefit existing… Read more: Barriers to Entry: Understanding What Limits Competition

MARS Coin explores leveraging the power of a peer-to-peer, distributed, open cryptocurrency to incentivize space exploration. The Case for Marscoin How Marscoin can help us fund the first settlement in the Solar System In 1990 Robert Zubrin and David Baker published a feasibility study detailing plans for a journey to Mars and building a rudimentary… Read more: The Marscoin Project – MARS Coin

Officers with the Indianapolis Metropolitan Police Department were called to the downtown area Wednesday after a pallet jack containing upwards of $300,000 worth of gaming cards was stolen. The theft coincided with opening preparations for Gen Con, North America’s largest annual gathering of tabletop gaming enthusiasts. RELATED: Gen Con returning to Indianapolis this weekend While official… Read more: IMPD: Over $300K in gaming cards stolen before Gen Con in downtown Indy

The LTC (Litecoin) network is expected to perform its block reward halving on block height 2,520,000, estimated to happen on 2023-08-03. After this halving, the block reward of LTC will be reduced from 12.5 LTC to 6.25 LTC. Please consider this when planning your mining activities, as your revenues from mining LTC will be reduced.… Read more: Upcoming LTC block reward halving

‘Daemon’ is the general term for software running in the background. In Monero, the Daemon is started through the ‘monerod’ program. If you run the Daemon locally, you are running a local node. If the Daemon runs on another device, it’s a remote node. A wallet, like the CLI or the GUI, needs to connect to a Daemon… Read more: Daemon – Moneropedia

Introduction This lists the monerod daemon RPC calls, their inputs and outputs, and their examples. Many RPC calls use the Monero daemon’s JSON RPC interface, while others use their own interfaces, as demonstrated below. Note: “atomic units” refer to the smallest fraction of 1 XMR according to the monerod implementation. 1 XMR = 1e12 atomic units. JSON… Read more: Monero Daemon RPC Calls

The Basics Atomic Units refer to a minuscule fraction of 1 XMR. One atomic unit is currently 1e-12 XMR (0.000000000001 XMR, or one piconero). It may be changed in the future.

The Basics Monero block rewards will never drop to zero. Block rewards will gradually drop until tail emission commences at the end of May 2022. At this point, rewards will be fixed at 0.6 XMR per block. Why Miners need an incentive to mine. Because of the dynamic block size, competition between miners will cause fees to… Read more: Tail Emission

The Basics Pedersen commitments are cryptographic algorithms that allow a prover to commit to a certain value without revealing it or being able to change it. When you spend Monero, the value of the inputs you are spending and the value of the outputs you send are encrypted and opaque to everyone except the recipient.… Read more: Pedersen Commitment – Moneropedia

The Basics A cryptographically signed container that details the transfer of Monero to a recipient (or recipients). The parameters of a transaction contain one or more recipient addresses with corresponding amounts of funds and a ring size parameter that specifies the number of outputs bound to the transaction. A higher degree of obfuscation is possible with more… Read more: Transactions – Moneropedia

The Basics A 13 or 25-word phrase used to back up a Monero account, available in several languages. This 25-word phrase (13 words in the case of MyMonero) has all the information needed to view and spend funds from a Monero account. In-depth Information In the official wallet, the mnemonic seed comprises 25 words, with the… Read more: Mnemonic Seed

The Basics Each account has one of the two pairs of private and public cryptographic keys, with the private spend key used to spend any funds in the account. In-depth Information The private spend key is a 256-bit integer used to sign Monero transactions. With the official wallet’s current deterministic key derivation method, the private spend key is also… Read more: Spend Key – Moneropedia

RandomX is a Proof Of Work algorithm developed by Monero contributors and adopted by Monero from release 0.15. This innovative POW is optimized for CPUs and based on the execution of random code and other memory-heavy techniques. The goal is to discourage using specialized hardware (like ASICs) for mining Monero. RandomX was created to keep mining decentralized… Read more: RandomX – Moneropedia

‘Pruning’ allows Monero node operators to save 2/3 of storage space while keeping the full transaction history. Pruning works by removing 7/8 of unnecessary ring signature data. The 1/8 remaining data will be available to the other nodes and used to sync with the network. Other pruned nodes will have a random 1/8 of the… Read more: Pruning – Moneropedia

The Basics Each account has one of two sets of private and public cryptographic keys, with the private view key required to view all transactions related to the account. Monero features an opaque blockchain (with an explicit allowance system called the view key), in sharp contrast with transparent blockchains used by any other cryptocurrency not based… Read more: View Key – Moneropedia

The Basics A device on the Internet running the Monero software, with a full copy of the Monero blockchain, actively assisting the Monero network. A node not running on your local machine is called a remote node. Remote nodes can be private for personal use only or open if they are accessible by others. More Information… Read more: Moneropedia – Node

Table Of Contents Basics What’s the meaning of [technical word]? The terminology used in Monero can be quite complex; for this reason, we have the Moneropedia. A comprehensive list of terms that you often see and their explanation. If you don’t know what a word means or would like more info, visit Moneropedia. Some examples… Read more: Monero (XMR) Frequently Asked Questions

The Basics Property of a currency whereby two units can be substituted in place of one another. Fungibility means that two units of a currency can be mutually substituted, and the substituted currency equals another unit of the same size. For example, two $10 bills can be exchanged, and they are functionally identical to any… Read more: Moneropedia – XMR Fungibility

Bitcoins are discovered rather than printed. Computers worldwide “mine” for coins by competing with each other. (Updated Jul 25, 2023 at 2:45 p.m. CDT) Key Takeaways: Why mine Bitcoin? There are two primary reasons why a person, or company, would want to mine cryptocurrency like Bitcoin. How do Bitcoin miners discover new blocks? In order to… Read more: How Does Bitcoin Mining Work?

Removing Russian banks from the SWIFT system is accelerating a global economic realignment. With the rapid escalation of Russia’s invasion of Ukraine, a large coalition of states, including the EU, U.S., Canada, and the UK, among others, agreed on February 26th, 2022, to ban select Russian banks from the Society for Worldwide Interbank Financial Telecommunications… Read more: What Does Russia’s Removal From SWIFT Mean For the Future of Global Commerce?

Marat Tambiev Got Arrested in Russia for a Bitcoin Bribe. Now the Coins Are Moving to Exchanges According to reports from local media outlet Kommersant, a Russian government official has been accused of accepting over 1,000 BTC (~ $28 million) in a bribery scandal. This incident has been deemed one of the most substantial instances… Read more: Russian government official under investigation for receiving 1,000 BTC in bribery scandal.

If you have placed your Helium miner on a rooftop within close range of LTE transmitters, or if your hotspot doesn’t have a filter you might need to add an external filter. Let’s delve into some details. Table of Contents 4G LTE Signals Signals from your phone to a 4G tower are called Uplink signals.… Read more: Does your Helium Miner need a Filter?

Monero Ocean Update 27JUN2023! I have “normalized” the majority of my XMRigs! 22 online so far, 2 more are missing but are in the works! 21 Linux Machines all running in unison!

It paid off AGAIN today! I won about a $30 reward today! Check out NiceHash.com and signup with my code, and start putting your GPUs to work today! Go Team Silver!

It paid off today! With all of my mining rigs pooled together to win some cryptocurrency! I won a reward today! I am very excited! Check out NiceHash.com and signup with my code, and start putting your GPUs to work today! Go Team Silver!

While the word “cryptocurrency” is often used as an umbrella term to describe all digital assets, there are several specific types of cryptos. Most of them fall into two main categories: coins and tokens. Coins, or currencies, have one function: to transfer monetary value. Bitcoin (BTC) and Litecoin (LTC) are good examples of currencies. On… Read more: Utility Token vs. Security Token

Definition: Polygon, a “layer two” or “side-chain” scaling solution running inline with the ETH blockchain, allowing for speedy transactions & low fees. MATIC is the network’s native cryptocurrency, which is used for fees, staking, and more. You can buy or sell MATIC via exchanges like Metamask, Coinbase, SouthXChange.  The Ethereum blockchain is home to a… Read more: What is Polygon (MATIC)?

High-risk stocks are equity investments where investors can experience significant losses, if not all, their money. Generally, high-risk stocks tend to be from cyclical, volatile industries or be newer, untested companies. In contrast, lower-risk companies are more established businesses with steady earnings and often distribute a shareholder dividend. Investing almost always involves risk. The question… Read more: Guide to High-Risk Stocks

So I have been throwing a few “bets” out there with Crypto mining with Nicehash, and while small bets, I didn’t loose much. Today was a nice reward to see I won with a hedged bet! The first time since I started 2 weeks ago with what they call “EasyMining”. Nothing ventured, nothing gained? Its… Read more: Nicehash – I Caught The Block Today!

Polygon (MATIC) price is making its way up the charts with a 14% rebound this week. On-chain data reveals how MATIC whale Investors have largely ignored the negative sentiment surrounding the market. Will the MATIC price rebound toward $0.75 in the coming weeks?  After being listed among the tokens listed as a security by the… Read more: Polygon (MATIC) Rebounds 14% as Whales Investors Ignore SEC Fears – Is $0.75 in Sight? 

“Close don’t count in baseball. Close only counts in horseshoes and hand grenades.” This phrase is used to say that if you come close to success without succeeding, it is not good enough. So I went to the store today, I had previously purchased a $10 lottery ticket, and low and behold, I won! Well,… Read more: Horseshoes and Hand Grenades

Cryptocurrency and blockchain technology rely on consensus mechanisms to function and be trusted by users. The blockchain is a distributed database that records data and allows users to exchange and store value in cryptocurrency. To coordinate and maintain such a decentralized system, the participants must agree on the correct condition of the system and who owns what at any… Read more: What Is a Consensus Mechanism?

In executing on the next chapter of the company’s Go Deep, Go Broad global expansion strategy, Coinbase International Exchange brings the safest, most trusted name in crypto to the global derivatives market. At Coinbase, we’re working hard to help update the financial system by building trusted products that expand the utility and adoption of crypto… Read more: Introducing Coinbase International Exchange

Russia surpassed Kazakhstan to become the second-largest bitcoin mining power by generating 1 gigawatt of mining power in the first quarter of 2023. According to Bitriver’s data, cited by The Moscow Times, Russia became the second-largest bitcoin mining provider in the world by the end of the first quarter of 2023. The U.S. retains its… Read more: Russia Becomes 2nd Most Powerful Bitcoin Miner in the World

Breaking news: A 51-year-old man has made a joke that reeks of the same sophistication a 13-year-old boy might bring to Reddit. After Twitter’s botched attempt to remove legacy blue check-marks from verified accounts that don’t pay for Twitter Blue, it seems the platform has set its sights on more juvenile coding endeavors. Yes, Twitter’s… Read more: Twitter’s new homepage logo is very doge-y

While the heavy power consumption by the Bitcoin network has been a matter of concern for many governments around the world, Texas is reportedly witnessing a boom in bitcoin mining activities. “To the moon” for price has become “skyrocket hashrate!” According to the industry group Texas Blockchain Council, there has been a rise in miners’… Read more: Bitcoin Mining Activities Skyrocket in Texas

Over the past decade, the cryptocurrency market has significantly grown in size and popularity worldwide. As demand for Bitcoin and other cryptocurrencies increases, each country has been making legal decisions about how to regulate them. These regulations continue to evolve. It is likely impossible to stop cryptocurrency use completely since transactions can be done anonymously over the… Read more: Cryptocurrency Rules & Regulations You Should Know

When assets plummet 20% from recent highs, Bear markets are among the scariest market events you’ll encounter. But long-term investors can stay the course. The words “bear market” strike fear into the hearts of many investors. But these deep market downturns are unavoidable and often relatively short, especially compared with the duration of bull markets… Read more: What Is a Bear Market? Definition and How to Invest During One

Ledgers, the accounting foundation, are as ancient as writing and money. Their medium has been clay, wooden tally sticks (that were a fire hazard), stone, papyrus, and paper. Once computers became normalized in the 1980s and ’90s, paper records were digitized, often by manual data entry. These early digital ledgers mimicked the cataloging and accounting… Read more: What is a Distributed Ledger?

The bull run has started in the cryptocurrency market, and some tokens are already experiencing price spikes. Among these projects are Shiba Inu (SHIB) and Dogelon Mars (ELON), and the latest meme coin project, Dogetti (DETI), is looking to join them as soon as it launches into the crypto space. The developers are working on… Read more: Top Meme Coins to Invest In–Shiba Inu, Dogelon Mars, and Dogetti

Iceland is facing an “exponential” rise in Bitcoin mining that is gobbling up power resources, a spokesman for Icelandic energy firm HS Orka has said. This year, electricity use at Bitcoin mining data centers is likely to exceed that of all Iceland’s homes, according to Johann Snorri Sigurbergsson. He said many potential customers were keen… Read more: Bitcoin energy use in Iceland set to overtake homes, says local firm

If you are new to cryptocurrency, you should have heard about altcoin. So, what is an altcoin? Does it have anything to do with Bitcoin? Let’s explore. An Altcoin is a technical term used to differentiate other coins from Bitcoin. Put, any cryptocurrency different from Bitcoin is termed “Altcoin.” Simple, right? The word “Altcoin” can… Read more: Beginner’s Guide: What Is An Altcoin?

An initial coin offering, or ICO, is a controversial fundraising method for launching blockchain and cryptocurrency networks that involves the sale and distribution of a new crypto asset in exchange for other tokens, commonly Bitcoin (BTC) and Ether (ETH).  During the “ICO mania” of 2017 to 2018, projects collectively raised billions of dollars in capital,… Read more: ICO News

While “cryptocurrency” is often used as an umbrella term to describe all digital assets, several specific types of cryptos exist. Most of them fall into two main categories: coins and tokens. Coins, or currencies, have one function: to transfer monetary value. Bitcoin (BTC) and Litecoin (LTC) are good examples of currencies. On the other hand,… Read more: What Is a Utility Token?

Tax-loss harvesting is a popular tactic used by many investors who hold traditional assets such as stocks or bonds, and it can also be applied to cryptocurrency investments. Crypto tax-loss harvesting follows the same principles as ordinary tax-loss harvesting, except crypto investors can use it to reduce their tax liabilities. Crypto tax-loss harvesting is particularly… Read more: Crypto Tax-Loss Harvesting Guide: Turn Losses Into a Tax Benefit

ERC-20 is a standard for creating and deploying smart contracts on the Ethereum blockchain. ERC-20 tokens are digitized tokens that live on that blockchain and adhere to those standards. The Ethereum blockchain was built specifically for smart contracts, virtual agreements that can be programmed to execute automatically when certain conditions are met. This functionality allows… Read more: What Is ERC-20? A Guide to the Ethereum Token Standard

A source told the WSJ that Telegram would not be holding the expected ICO round to the broader public, as rumored earlier. The Wall Street Journal (WSJ) reported today, May 2, that Telegram’s plan to launch an Initial Coin Offering (ICO) has been scrapped. The fact that the messaging app had already raised enough money through its two private… Read more: WSJ: Telegram Cancels Plans To Launch Public ICO Due To Abundance Of Funds Already Raised

Founded in 2013 by Pavel and Nikolai Durov, Telegram is a cloud-based encrypted messaging service with over 400 million users. Through its purported security and strict adherence to censorship resistance and privacy principles, the Telegram messenger app has become a popular choice for individuals seeking secure communication channels, much to the dismay of governments and… Read more: Telegram News

Binance Coin (BNB) is the utility token for Binance, one of the largest cryptocurrency exchanges by volume. Traders can use the token to pay fees on the platform, and developers can use it to power applications, like smart contracts, on the Binance Smart Chain (BSC). As one of the top five cryptocurrencies by market cap… Read more: What Is Binance Coin (BNB)?

There’s always a cost to doing business. And that includes mining cryptocurrencies like Bitcoin — a cost often expressed as a trading fee, a transaction fee, or a “mining fee.” As many Bitcoin enthusiasts know, one way to add to your holdings is to mine. Bitcoin mining is a validation process on a blockchain that rewards the… Read more: Mining Fees: An Overview & Fee Calculations

Cloud mining is a way to mine cryptocurrencies like Bitcoin and Ethereum without investing in expensive, energy-intensive computer hardware and software. This article will explain the need for Bitcoin cloud mining, how it differs from traditional mining, and more. We will explore the following: •  What is Traditional Cryptocurrency Mining?•  What is Bitcoin Cloud Mining?•  Why Crypto Mining… Read more: Cloud Mining: What is Bitcoin Cloud Mining?

To mine Bitcoin, a number of things are required. Miners need: •  Mining hardware: Application Specific Integrated Circuits (ASICs) or Graphic Processing Units (GPUs) •  Bitcoin mining software •  A bitcoin mining pool •  Electricity: Bitcoin mining typically consumes a large amount of energy •  A place to set up a mining rig •  In some cases, a way to cool down ASICs/GPUs… Read more: Bitcoin Mining Software: How to Choose the Right One

Introduction Cryptocurrency exchanges are the platform that is used to encourage trading in cryptocurrencies for assets such as fiat currencies. Just like stock exchanges empower the trading of stocks, crypto exchanges do the same. Many people are aware of stock exchanges and are comfortable participating in them. However, on the other hand, cryptocurrencies are in… Read more: Centralized vs Decentralized Exchange: Which is the Best?

A decentralized exchange (DEX) is a digital currency exchange that allows users to buy crypto through direct, peer-to-peer cryptocurrency transactions all over an online platform without an intermediary. It differs from a traditional centralized exchange, where a typical transaction involves a third-party entity (e.g. bank, trading platform, government institution, etc.) that takes custody of user… Read more: What Is a Decentralized Exchange (DEX)?

“Bitcoin halving” refers to an event that happens every four years when the block rewards for Bitcoin miners get cut in half. This reduces the supply of new bitcoins by 50%. The crypto halving process was built into the Bitcoin protocol to ensure that Bitcoin would be a good store of value by remaining a… Read more: Guide to Bitcoin Halving

Bitcoin mining pools provide a way for multiple parties to “pool” their efforts when mining Bitcoin. Over time, mining Bitcoin has become increasingly complex and resource-intensive. As such, pooling resources can make it easier and cheaper to become a Bitcoin miner. In a Bitcoin mining pool, many network participants combine their computing power into one… Read more: What Are Bitcoin Mining Pools?

Explanation The mining hash rate is a crucial security metric. The more hashing (computing) power in the network, the greater it is security and overall resistance to attack. Although Bitcoin’s exact hashing power is unknown, it can be estimated from the number of blocks being mined and the current block difficulty. Notes Daily numbers (raw… Read more: What is a hash rate?

As a decentralized digital currency, Bitcoin is valued primarily on supply and demand on the exchanges where it’s bought and sold. But other variables come into play, driving up the value of Bitcoin to new heights and then driving it down at times, too. What is the Value of 1 Bitcoin? Cryptocurrency Prices by Coinlib The… Read more: How is Bitcoin Valued?

As of June 2022, about 2 million bitcoins (BTC) are left to be mined, meaning that there are nearly 19 million currently in existence. Bitcoin has recently gained popularity as an investment because of its unique design and underlying technology. Part of what gives Bitcoin value is that it has a limited supply. There will only ever be 21… Read more: How Many Bitcoins Are There?

What Is Gas (Ethereum)? Gas is the fee required to successfully conduct a transaction or execute a contract on the Ethereum blockchain platform. Fees are priced in tiny fractions of the cryptocurrency ether (ETH)—denominations called gwei (10-9 ETH). Gas is used to pay validators for the resources needed to conduct transactions.1 The gas price is determined by supply, demand, and… Read more: Gas (Ethereum): How Gas Fees Work on the Ethereum Blockchain

While the best-known use of the blockchain is to store and transmit digital currencies, the blockchain also has many other uses. Among those uses are smart contracts, which use blockchain technology to automatically execute all or part of the agreements between two parties. Some users already use them to do business in the real estate… Read more: What Are Smart Contracts? A Beginner’s Guide

Crypto Terms The world of cryptocurrencies and blockchain networks is awash in terminology and jargon that can sometimes sound strange or confusing. Given that the language of crypto is evolving daily, it can be helpful to brush up on standard terms and definitions. A Airdrop When a company “drops” cryptocurrency into an investor’s wallet, usually… Read more: Cryptocurrency Glossary: Terms and Crypto Guides

FUD stands for “Fear, Uncertainty, and Doubt.” FUD stands for “fear, uncertainty, and doubt” and refers to a general mindset of pessimism about a particular asset or market, manipulating investor or consumer emotions so that they succumb to FUD. While the term “fear, uncertainty, and doubt” has been circulating for a century, it became famous… Read more: What Does FUD Mean?

HODL is short for “hold on for dear life,” and it’s a popular term among crypto investors. Although it looks like a funny misspelling of the word “hold” — and some say that’s how it began — HODL is also related to the traditional buy-and-hold investment strategy as one way to cope with volatility. HODL… Read more: What Does HODL Mean?

When a cryptocurrency community decides that they want or need to destroy units of a specific cryptocurrency, they use a process called coin burning. Burning crypto is the process that effectively takes those tokens out of circulation, reducing the total supply of that coin and, in some cases, increasing demand. A crypto coin burn is similar… Read more: What Does Burning Crypto Mean?

DeFi, short for decentralized finance, is more than just a popular buzzword in cryptocurrency. It’s a concept that is disrupting the centralized financial services model, equalizing access and bringing more control to users across the globe. In this article, we will cover everything a consumer might want to know about DeFi, including: •   What is… Read more: What Is DeFi? Decentralized Finance, Explained

​Comcast Xfinity customers report their accounts being hacked in widespread attacks that bypass two-factor authentication. These compromised accounts are then used to reset passwords for other services, such as the Coinbase and Gemini crypto exchanges. Starting on December 19th, many Xfinity email users began receiving notifications that their account information had been changed. However, when… Read more: Comcast Xfinity accounts were hacked in widespread 2FA bypass attacks.

Cold Storage at its best!

Regarding trading and investing, the margin is the borrowed money some traders use to execute their strategy. Buying assets on margin can help magnify your gains and returns—but it can do the same with your losses. When you buy on margin, you purchase assets using the money you borrow from your broker. Read on to… Read more: Margin Trading: What It Is and How It Works

Ultra-secure Trezor and software wallet Exodus are top choices. We recommend the best products through an independent review process, and advertisers do not influence our picks. We may receive compensation if you visit partners we recommend. ZPenterprises does not give direct financial advice; we bring attention to relevant trends. Please do your research. Final Verdict With… Read more: Best Bitcoin Wallets – 2022

What Is an Initial Coin Offering (ICO)? An initial coin offering (ICO) is the cryptocurrency industry’s equivalent of an initial public offering (IPO). A company seeking to raise money to create a new coin, app, or service can launch an ICO to raise funds. Interested investors can buy into an initial coin offering to receive a new cryptocurrency token issued… Read more: Initial Coin Offering (ICO): Coin Launch Defined, with ExamplesInitial Coin Offering (ICO): Coin Launch Defined, with Examples

FinTech (financial technology) is a catch-all term. FinTech (financial technology) is a catch-all term referring to software, mobile applications, and other technologies created to improve and automate traditional forms of finance for businesses and consumers alike. FinTech can include everything from straightforward mobile payment apps to complex blockchain networks housing encrypted transactions. This guide will… Read more: What is Financial Technology (FinTech)? A Beginner’s Guide for 2022

What is a Crypto Hardware Wallet? Unlike software wallets, which are vulnerable to security holes and hackers, offline hardware wallets were developed so that you no longer have to trust software on your computer to hold your private keys. Hardware wallets store your private keys on a physical device with specialized firmware that prevents your… Read more: Do I Need a Hardware Wallet to Store Bitcoin?

What Is a Mobile Wallet? A mobile wallet is a digital wallet that stores payment card information on a mobile device. Mobile wallets are a convenient way for a user to make in-store payments and can be used by merchants listed with the mobile wallet service provider. Understanding a Mobile Wallet The business-consumer relationship is becoming increasingly… Read more: Mobile Wallet: Definition, How It Works, Vs. Digital Wallets

What Is a Paper Wallet? A paper wallet is a piece of paper with your private and public keys printed out. Some paper wallets might also have a scannable barcode created by an app. It is a way to store and take access to your cryptocurrency offline. When you print your keys, they are removed from the… Read more: What Is a Paper Wallet? Definition and Role in Cryptocurrency

What Is a Private Key? A private key sometimes called a “Wallet Pass Phrase,” is a secret number or series of words used in cryptography, similar to a password. In cryptocurrency, private keys or Pass Phrases are also used to sign transactions and prove ownership of a blockchain address. A private key is an integral aspect of Bitcoin and Memecoin/Altcoins, and its… Read more: Private Key: What It Is, How It Works, Best Ways To Store

What Is a Digital Wallet? A digital wallet (or electronic wallet) is a financial transaction application that runs on mobile devices. It securely stores your payment information and passwords. These applications allow you to pay when you’re shopping using your device, so you don’t need to carry your cards around. You enter and store your credit card,… Read more: Digital Wallet Explained: Types With Examples and How It Works

Metadata is “data that provides information about other data,” but not the content of the data, such as the text of a message or the image itself. There are many distinct types of metadata, including: Metadata is not strictly bound to one of these categories, as it can describe a piece of data in many other ways. Metadata… Read more: Metadata Explained

What Is the Consumer Price Index (CPI)? The Consumer Price Index (CPI) measures the monthly change in prices paid by U.S. consumers. The Bureau of Labor Statistics (BLS) calculates the CPI as a weighted average of prices for a basket of goods and services representative of aggregate U.S. consumer spending. The CPI is one of the most popular measures of inflation and… Read more: Consumer Price Index (CPI) Explained: What It Is and How It’s Used

Digital banking (online and mobile banking) makes managing finances easy. With digital banking technology, you can pay bills, deposit checks and transfer money from wherever you’re located. Due mainly to their convenience, online and mobile banking are the two most popular ways to bank. More than three-quarters of Americans (78%) prefer to bank digitally. But… Read more: Online Banking Security: How To Protect Your Online Banking Information

Cryptography studies secure communications techniques that allow only the sender and intended recipient of a message to view its contents. The term is derived from the Greek word “kryptos”, which means hidden. It is closely associated with encryption, which is scrambling ordinary text into what’s known as ciphertext and then back again upon arrival. In addition, cryptography… Read more: Cryptography Definition

In response to the FTX insolvency, the crypto markets have been in a risk-off mood, with asset prices falling precipitously for all crypto tokens, fungible and nonfungible. The aggregate market cap of all cryptocurrencies fell 23% to $786 billion from $1.02 trillion within four days. Nansen’s NFT-500 index indicates prices of nonfungible tokens (NFTs) on… Read more: FTX’s Implosion Is Crushing The Solana NFT Ecosystem

Two months after the U.S. choked off China’s access to two of Nvidia’s high-end microchips, the American semiconductor design giant unveiled a substitute with a reduced processing speed for its second-largest market. The Nvidia A800 graphic processing unit is “another alternative product to the Nvidia A100 GPU for customers in China,” a spokesperson for Nvidia said in… Read more: Nvidia touts a slower chip for China to avoid US ban