What Is ERC-20? A Guide to the Ethereum Token Standard
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…
WSJ: Telegram Cancels Plans To Launch Public ICO Due To Abundance Of Funds Already Raised
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…
Centralized vs Decentralized Exchange: Which is the Best?
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…
What is a hash rate?
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…
What Is DeFi? Decentralized Finance, Explained
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…
Metadata Explained
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…
What is Solana (SOL) Pay, and how does it work?
Solana Pay is an open protocol developers can develop and customize with standardized payment criteria. What is Solana? Solana was founded in 2017 by Anatoly Yakovenko, a software developer with…
What Is Proof-of-Stake?
Proof-of-stake maintains integrity in a blockchain, ensuring cryptocurrency users can’t mint coins they didn’t earn. Proof-of-stake is a method of maintaining the integrity of a cryptocurrency, preventing users from printing…
Cryptocurrency Explained With Pros and Cons for Investment
Learn what you need to know before you invest in a virtual currency What Is Cryptocurrency? A cryptocurrency is a digital or virtual currency secured by cryptography, making it nearly…
How Much Does It Cost to Mine 1 Bitcoin?
JPMorgan strategists may have just called Bitcoin’s bottom price. Others suggest there’s still more pain ahead. In a recent report by Decrypt, investment bank JPMorgan estimates that the production cost…