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?
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?