Here we talk about how the crypto world ticks without using too many overly-smart exclusive terms.
This is an exciting field – we want to make it human and accessible as well.
Also, Cryptopay product updates and tricks how they can make your trading even smoother.
All you need to know about crypto to understand these tech guys. Let’s dive in.
Having covered both Bitcoin and Ethereum, let's consolidate what we've learned so far by comparing the two most significant consensus mechanisms. Proof-of-Work versus Proof-of-Stake, let's dive in.
The year is 2015. It's been six years since the advent of Bitcoin, which now trades at a few hundred dollars per unit. The crypto market is still in its relative infancy. And then comes he. A new-generation blockchain. The second-largest coin by market capitalisation. Ethereum.
So, we get to confirming transactions. You should know the drill by now: you make a transaction, some miner confirms it and voila – the money 'appears in another wallet'. But what does the process really consist of? Let's dig deeper.
It all started in 2008, with the advent of Bitcoin. Granted, blockchain as a technology existed in the minds of people long before the first cryptocurrency, but it was BTC that made it relevant. Let's examine how it works and why it's so valuable.
Our story begins with Bitcoin – the original digital currency created by a mysterious inventor that changed the financial world forever. In this article, we'll look into how BTC works, what influences its price and whether it can be considered real money. Buckle up!