What is blockchain?
What is blockchain? When talking about cryptocurrency the term blockchain is often used. Especially when Bitcoin is in the news, the technology behind the digital coin is often mentioned, but what exactly is this technology and how does it work? This is useful information if you want to invest in cryptocurrency. Maybe, as an investor, […]
What is cryptocurrency?
What is cryptocurrency? When you are new to the world of cryptocurrency, we understand that there are a lot of terms to take in. Some of which you have never even heard of. So, it is smart to start at the very beginning and that is right here. Our whole website revolves around cryptocurrency, but […]
What is a bear market?
What is a bear market? You always hope that your investment in cryptocurrency will be worth as much as possible after you bought it. Unfortunately this is not always the case, it is often a guess what the price of a coin will do. When the market goes down for a long time and there […]
What is a bull market or a bull run?
What is a bull market or a bull run? When you start investing in cryptocurrency, you speculate on the price of a currency (most of the time). Everyone wants his or her cryptocurrency to increase in value over time. There are some risks involved in investing in cryptocurrency, but if you read in well, do […]
What is an Altseason?
What is an Altseason? We know the 4 seasons that have to do with the weather, but cryptocurrency also has a season. This is the altseason. It may sound like a trendy festival, but in reality it is also quite a party. What to expect during an altseason you can read in this article. Altseason […]
What is a Long or Short position?
What is a Long or Short position? When you invest in crypto, you often come across some complicated investment terms. When you buy cryptocurrency, you invest money the same way as when you buy a stock. Just like the price of a stock, a crypto also has a value. This way you can make money […]
What are altcoins?
What are altcoins? Most people have heard of Bitcoin, but many novice investors don’t even know that there are thousands of other cryptocurrencies. And when we talk about thousands, we mean thousands. The counter of CoinMarketCap is now over 2,2 million different cryptocurrencies and tokens, and this number is growing very fast. All cryptocurrencies that […]
What are smart contracts?
What are smart contracts? Smart contracts are pieces of software written on a blockchain. You can compare it to a digital agreement in which two or more parties specify agreements with conditions. All parties can view the contract, but it is not possible to change the contract (afterwards). As a result, the parties do not […]
What are Decentralized Applications (dApps)?
What are Decentralized Applications (dApps)? What if the technology in your home would help you making money. In other words, imagine that one day all your stuff would rent itself out when you don’t use it. Your car, which is stationary for about half a day, sends a signal to interested parties that it is […]
What is DeFi (Decentralized Finance)?
What is DeFi (Decentralized Finance)? The world of cryptocurrencies is expanding at an unabating rate. What started with a mere blockchain technology known as Bitcoin in 2008, has evolved into a whole industry of its own. Many newer cryptocurrencies make their way into the crypto-markets with each passing day, and newer blockchain technologies have emerged […]
What is a coin flippening?
What is a coin flippening? From Hodl to whales, the list of vocabularies used in the cryptocurrency world keeps growing. Another addition to the growing list is coin flippening. What is coin flippening? Flippening is derived from the word flip. In the crypto circles, flippening is colloquially used to mean one cryptocurrency overtaking the other […]
What is an airdrop?
What is an airdrop? An airdrop may evoke images of military jets airdropping supplies to civilians or military forces. While it’s different in the cryptocurrency world, the concept is the same. A cryptocurrency airdrop involves “dropping” free virtual currency tokens to digital currency wallets. The free coins are meant to promote awareness about the cryptocurrency […]
What is Fiat currency?
What is Fiat currency? Fiat currency is money with the legal tender status given by the currency issuer in a country and has an indirect market value. In most cases, the word is also used for paper money or coins with a face value. The currency is dependent on the value of the economy and […]
What is Sharding?
What is Sharding? Scaling blockchain has become one of the technology’s great mysteries. Scalability is well-known as a concern with cryptocurrencies platforms such as Ethereum and Bitcoin. Different researchers and inventors offer various solutions to increase the speed of processing blockchain transactions. One of such sought solution is known as sharding. What is sharding? Initially, […]
What are Blue Chip cryptocurrencies?
What are Blue Chip cryptocurrencies? The term blue chip is used in the corporate world to refer to financially stable companies with inherent profitability mechanisms even in challenging economic circumstances. In crypto, blue chip alludes to blockchain currencies with a market capitalization of at least $2 billion. Reliability and dominance in the respective industry also […]
What is a DAO (Decentralized Autonomous Organization)?
What is a DAO (Decentralized Autonomous Organization)? Imagine a society in which there is no centralized leadership such as a king, prime minister or president. Instead, every member of the society participates in decision making, at least to some extent. This is what a Decentralized Autonomous Organization looks like. However a DAO is based on […]
What is DeFi 2.0?
What is DeFi 2.0 (Decentralized Finance 2.0)? Decentralized Finance (DeFi) has become a center of attraction since the 2020 boom. The ecosystem opened up new possibilities in the crypto space, making it possible to trade tokens on decentralized exchanges (DEXes) without going through an intermediary such as is the case with a centralized exchange. Developers […]