Decentralized Autonomous Organization (DAO)
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…
Argo Coin – POW/POV – Wallets
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…
How Does Bitcoin Mining Work?
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…
What Is a Consensus Mechanism?
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…
What Does HODL 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…
What Does Hashrate Mean and Why Does It Matter?
Miners must compete using their machines to solve a difficult mathematical problem. “Hashrate” refers to the combined computational power used to mine and process transactions on a Proof-of-Work blockchain, such…