The interesting world of Blockchain has revolutionized the way we think about money. And, while it may be easy for some to comprehend, most of us have many questions.
It makes total sense since we got introduced to a whole new glossary that seems complicated to “not so technical” a few of us.
As such, in our efforts to help you learn more about Blockchain, Bitcoin and everything related to cryptocurrency, we created a list of frequently asked questions.
We answer those in an easy-to-understand way, in order to help all new investors improve their knowledge.
So go ahead and clear up any doubts, by clicking on the question you’d like to know the answer to.
Everything in the crypto world is possible and achievable thanks to the blockchain. But what exactly is this technology and how does it work?
When sending Bitcoin, there are many questions that may come to mind. One of them is whether or not Bitcoin addresses are case sensitive.
Private keys play a very important role when it comes to the safety and usability of cryptocurrency transactions.
Blockchain Addresses are an important component when it comes to understanding cryptocurrencies. What is a public address, the one crypto term that you have seen a few too many times?
After the increased popularity of ICOs, airdrops gained in popularity as an alternative method of token distribution.
Mining rewards are very important for cryptocurrency miners. If you want to learn more about the process and its benefits – click on “Read More”
Mining pools are increasing in popularity not only to save on costs but also to increase one’s chances for mining rewards. People started using them after individual mining became less profitable and required more upfront costs. But what is a mining pool exactly?
Mining difficulty is one of the most important aspects when it comes to cryptocurrency mining. Some cryptocurrencies are harder to mine than others. Bellow, we will explain what causes such difficulty.
In the context of cryptocurrency, when one hears about Smart contracts, Ethereum is usually the first thing that comes to mind. But what exactly are those contracts and how do they help cryptocurrencies become a viable payment method worldwide?
Do you want to know more about transaction blocks, what kind of information they can store in them and what they mean to the crypto world?
If you bought the dip you probably made a profitable trade. Find out what buy the dip stands for.
After going through a bear market for more than a year, during that last few days of 2017 and in 2018, you most likely know how this one affects cryptocurrencies. Nonetheless, here is the detailed definition of the term.
You keep hearing the term everywhere. Everyone hopes and believes a new bull market is underway. But what does the term stand for?
Cryptocurrency miners often use the term hash rate when discussing their mining equipment. If you are interested in cryptocurrency mining you should definitely know what the term stands for and how it works.
Do you want to know what is PoS and how one can conclude that a coin has a Proof of Stake protocol? Then read our explanation below.
Do you want to know more about Proof of Work and get a better insight into what Pow is? Read further to find out.
What is SHA-256 encryption algorithm and why is it so popular in the cryptocurrency world? Below we explain the reasons why.
Cryptocurrencies are solving a problem that is most commonly known as double-spending.
The revolutionary idea of Bitcoin contributor Mike Hearn could help develop leaderless organizations 30-or-so years into the future.
Store your cryptocurrency where hackers can’t get their hands on – the cold storage.
Storing cryptocurrency is easy to do. But not all wallets are secure and even less are impenetrable. Hardware wallets, in this case, offer the best security for your coins.
Did you know that you don’t necessarily need to buy Bitcoin on the spot? You can also set a buy order for it.
The one thing all cryptocurrency startups hope to reach through their initial coin offerings. Let’s explore what is a hardcap in further detail.
Ever came across this term on social media conversations or crypto-related forums? Well, you will now know what the term stands for.
You often see this term circulating around ICOs and IEOs. What is a softcap stand and what happens if a company cannot reach it?
Terms like this one can often be confusing since they can be applied to a broad range of financial markets. For that reason, we will explain what is a store of value in the context of cryptocurrency.
Every time you send your Bitcoin, you pay a transaction fee. Here’s where these fees go.
After the rise and fall of ICOs, a safer model for token sales is coming to reward early investors of new crypto projects.
The term has been circulating in cryptocurrency and blockchain communities for a while now. But what is DYOR?
The crypto-vocabulary is rich and contains many unusual words you won’t hear elsewhere. “Hodl” or “hodling” is a widespread term that every crypto investor should know.
You’ve heard about them, and they usually are more expensive compared to traditional mining. But what are masternodes?
You often hear about whales selling or stocking up on Bitcoin and other cryptocurrencies. In this article, we explain the term and what makes one qualify as one.
You’ve seen this term mentioned multiple times within the context of cryptocurrencies. But what exactly is a digital asset and how is it different from a cryptocurrency?
The moment everyone is ecstatic about their profits. When your favorite crypto coin does the unexpected. It is the moment of a new All-Time High.
Arbitrage trading is very common amongst traders of financial markets. But how does it work?
In many cryptocurrency forums and Social Media groups, you will see the term FIAT money being mentioned. But what exactly does the term stand for?
A term that is very common in cryptocurrency-related forums and online communities. What does it stand for and what is its aim?
Hashcash is an important part of what is today known as Bitcoin mining. But what does that term mean?
In the context of cryptocurrency, most exchanges will require you to go through a KYC process before buying and selling any Bitcoin or other cryptocurrencies. The process of doing so is pretty straightforward.
Facebook recently made a statement regarding the release of their very own digital currency.
With the introduction of Bitcoin margin trading, the term REKT rose in popularity. But what exactly does it stand for?
If you’ve been into crypto long enough, you’ve probably come across the term dApp. But what is dApp and how is it important for the future?
The world of cryptocurrency is governed by complicated processes that ensure the dynamic function and growth of the space. One such process is commonly known as “consensus”.
Decentralized exchanges are leading the crypto-world into a state of less fake trading volumes, and price manipulation. Here is what you should know.
The “birth” block of Bitcoin signalized the beginning of the world of crypto. But what is the genesis block exactly?
Exchanging items from one person to another has been around since barter trade times. Now, Bitcoin proudly wears the same label. But what is P2P exactly?
In the volatile world of crypto, stablecoins are the safehouse to “lock” one’s profits. But what is a stablecoin exactly and is it inherently a good concept?
New companies always present their idea to investors using a compact business plan. Most often, that is a paper that explains the idea in detail and gives information regarding their future plans. So, what is a whitepaper and how is it similar to this?
Many cryptocurrencies have applied this model to their design in order to increase in value over time. Others do it manually. But what is a coinburn and how does it affect these cryptocurrencies?
When you buy Bitcoin after a short upward price movement, you feel like everything will soon be going to the “moon”. Only… reality is a little different. After you buy, you realize you fell for a trap and you are now losing money. So, what is a bull trap and how does it affect cryptocurrency traders?
2FA has been used by millions of people over the years, in order to protect their personal information and maintain full control of their accounts. So, what is 2fa, how does it protect your account and how can you set it up for yourself?
You have probably seen them before. Bitcoin ATMs are increasing in popularity, making BTC purchases easier than ever. But are Bitcoin ATMs safe to use? Before we can answer that question, we first need to see how they work.
A very big debate in the crypto community involves the traceability of Bitcoin transfers. Some claim that all transactions are anonymous. Others believe that this pseudo-anonymity offers no additional benefits. What is the truth?
With all the talks about hacked exchanges and crypto wallets, one has to wonder how to ensure the safety of his funds. Are blockchain wallets safe? Do they need additional layers of security?
In this section, we will answer all these questions.
One of the major concerns of Bitcoin investors is whether or not their digital asset has some form of security against hacking.
Bitcoin is known to offer privacy and decentralization. But can Bitcoin be traced if used for criminal activities?
By now, you should have a good idea of what the blockchain is and how it helps to improve the world. But you may still have many questions.
One of them involves the possibility of hacking a blockchain. Is that even possible? And if yes, how does it happen and what is the result?
This short section will teach you how Bitcoin wallets work and will explore the main features and types of Bitcoin wallets.
Satoshi Nakamoto introduced a limited supply of 21 million coins when he built the Bitcoin protocol. Throughout time, many of those coins have become inaccessible. So how many Bitcoins are lost by now?
How many Blockchain developers are there and what does it take to become one? In this short section, we explain everything you need to know.
If you’ve ever wondered how many cryptocurrencies are there on the market, you’ve come to the right place.
Keep on reading to find out how cryptocurrencies are listed and calculated into the total value of the market and where you can consult this data.
Is there a minimum amount of Bitcoin you should hold to truly care about the cryptocurrency industry?
This section will answer the question of how often does Bitcoin value change and what are the reasons behind its volatility.
This short guide will help you understand how to mine Ethereum on Mac computer. Keep reading to learn about the requirements, and well as the pros and cons of the process.
Ever wanted the RSA algorithm explained to you in simple terms? In this short section, you will learn what the RSA algorithm is, how it works and its applications in the cryptocurrency world.
In a world where Blockchain technology and cryptocurrencies continue to inspire innovation; utility tokens are becoming worthwhile investment options.
But for someone new in this space, the big question remains – what are utility tokens and how they differ from other types of tokens?
Read on to learn more.
You’ve heard about it in forums and chat groups. But what does SEC stand for in reality? What is its involvement in the cryptocurrency market and how are their decisions affecting the prices of crypto.
What is a Blockchain nonce and how it’s used in a PoW protocol? In this section, we will help you understand the specifics.
What is a Consortium Blockchain and what is its difference with other Blockchains?
The term “distributed ledger” is often heard when talking about blockchain technology. But what exactly does it stand for and what can we learn from it?
Ever wondered what is a hybrid Blockchain? If so, keep reading to get a good grasp on the concept and understand what makes it unique.
If you want to learn what is a mining rig, you are in the right place! We will go through mining rigs’ purpose, what they are made of and how to build your own.
Wondering what is a pump and dump scheme? In this short post, we explain how these fraudulent schemes work and how to avoid them.
In this short section, we will explain what is a SCRYPT miner and indicate its main differences to other mining hardware.
Trying to find out what is a trading bot? The following section will define and explain the basics of this unique trading option.
How will you know if a digital currency transaction went through or not? In the cryptocurrency world, this is possible through recording transactions on the blockchain.
Read this section if you want to know more about what is an Authorization Hold and how it impacts the world of crypto.
The world of cryptocurrency is changing fast. New terms and offers keep hitting the market and the latest to join in the STO.
In this article, we’ll talk about the STO and explain what it’s all about.
Let’s get started.
You might be wondering… where is Bitcoin Illegal? Read further to find out everything you need to know.
Some call him a genius, while others refer to him as a traveler from the future. Who developed blockchain and where is he now?
Most people find it hard to believe that a single Bitcoin has grown to be worth many thousands of dollars, over just a few years’ time. But why is Bitcoin rising in value so much overtime?
There are a lot of misconceptions about the value of Bitcoin and how it performs in the short term. In this section, we will try to clarify how Bitcoin will fail to appeal to those who see it as a quick-profit scheme.
If you ever came across the term and want ZK-SNARKs explained to you in simple man’s terms, you’re in the right place.
Read on to learn what is liquidity in the context of cryptocurrency. We will also explore how it’s measured and how it determines the value of a coin.
This short section will explain what is multisig, its purpose, and some of the best practices to increase your security.
This short section will explain what is Original Credit Transaction and how it can benefit crypto enthusiasts around the world.
The centralization debate is a hot topic in the crypto technology. In this short section, you will learn what is the difference between centralized and decentralized models.
This short section will go through the main aspects that make Bitcoin such a great asset for aspiring investors. So, read on to learn what makes Bitcoin valuable and how its features can impact its value in the future.
When Bitcoin was created, no one would have imagined how steep its growth curve could be. But how did its popularity start?
In this short section, you will learn what is CFTC, and how it impacts the world of cryptocurrencies and their regulation.
The term is often heard in the context of cryptocurrencies and other financial markets. But what is circulating supply and how is it calculated for each cryptocurrency?
Have you been asking yourself “what is DeFi?” and how is it impacting finance? Keep reading to find out what the acronym stands for.
Down below you will find data on how many Bitcoins are left and other fun stats.
The good news is that all the data seen on this page is updated on a daily basis.