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CATEGORY: cryptocurrency coin guides

What is Blockchain? | The Ultimate Beginner’s Guide
Author: Joe S.
United States
Source: UNHASHED
Aug 27, 2021 12:24

What is Blockchain? | The Ultimate Beginner’s Guide

On January 9, 2009, Satoshi Nakamoto shared with us the inventions of both Bitcoin and its underlying technology, the blockchain. Now this revolutionary tech, which acts as the foundation for most cryptocurrencies, is being tested in nearly every industry. Companies ranging from real estate and public records, to forecasting and cloud storage are jumping into…

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What is Ripple? | The Ultimate Beginner’s Guide
Author: John Becker
United States
Source: UNHASHED
Aug 27, 2021 12:24

What is Ripple? | The Ultimate Beginner’s Guide

Ripple is a distributed open source internet protocol that facilitates a real-time gross settlement system (RTGS), currency exchange, and remittance network. Ripple is most often used by banks and other financial institutions to fortify their operational infrastructure. According to the Ripple website, they are the world’s only enterprise blockchain solution for global payments. The name…

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What is Monero? | The Ultimate Beginner’s Guide
Author: John Becker
United States
Source: UNHASHED
Aug 27, 2021 12:24

What is Monero? | The Ultimate Beginner’s Guide

Boasting security and privacy, including untraceable transactions, Monero (XMR) is among the most popular and controversial cryptocurrencies in an increasingly saturated market. Like other cryptocurrencies, Monero features an open-source blockchain that records transactions and creates new units through mining. What sets Monero apart is its opaque blockchain, which prevents transactions and their amounts from being…

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What Is Cardano? | The Ultimate Beginner’s Guide
Author: Jamie Sutton
United States
Source: UNHASHED
Aug 27, 2021 12:24

What Is Cardano? | The Ultimate Beginner’s Guide

Cardano is a smart contract platform that seeks to deliver more advanced features than any blockchain protocol before it. Developed using a strict, academically sound philosophy, Cardano is looking to set new security standards for the rest of the crypto industry. In this beginner’s guide to Cardano, we’ll cover: What is Cardano? The Scientific Method…

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What is Litecoin? | A Complete Beginners’ Guide
Author: Trent Rhode
United States
Source: UNHASHED
Aug 27, 2021 12:24

What is Litecoin? | A Complete Beginners’ Guide

Litecoin (LTC) is one of the oldest existing cryptocurrencies, and also one of the most valuable. For much of its existence it has been seen as the silver to Bitcoin’s gold, but in the past couple of years it has lost its place as the second most popular cryptocurrency, with innovative competitors like Ethereum, Ripple,…

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Blockchain Consensus Mechanisms – Proof of Work vs Proof of Stake and More
Author: Trent Rhode
United States
Source: UNHASHED
Aug 27, 2021 12:24

Blockchain Consensus Mechanisms – Proof of Work vs Proof of Stake and More

A blockchain is a decentralized peer-to-peer network that stores append-only (add to the end of) data and verifies the integrity of that information across the network. Collectively validating the accuracy of said data (reaching consensus) is one of the defining features of a blockchain. The idea of a blockchain goes back to at least the…

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What is Stellar? | The Ultimate Beginner’s Guide
Author: Jamie Sutton
United States
Source: UNHASHED
Aug 27, 2021 12:24

What is Stellar? | The Ultimate Beginner’s Guide

Stellar is an open platform for building financial products that connect banks, people, and payment networks everywhere. Founded by an accomplished crypto entrepreneur and backed by an impressive group of advisors, is Stellar capable of changing the way we make international payments? In this beginner’s guide to Stellar, we’ll cover: What is Stellar? How Does…

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What are zkSNARKs? | The Complete Guide
Author: Nic Puckrin
United States
Source: UNHASHED
Aug 27, 2021 12:24

What are zkSNARKs? | The Complete Guide

As more people have embraced Bitcoin and the amazing technology that makes it function, they have also discovered some of its most important pitfalls. One of those is the concept of a completely anonymous transaction. While Bitcoin is often thought of being “anonymous”, it is actually only “pseudonymous”, because every Bitcoin address’s transactions are tracked…

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What is IOTA? | The Ultimate Beginner’s Guide
Author: Trent Rhode
United States
Source: UNHASHED
Aug 27, 2021 12:24

What is IOTA? | The Ultimate Beginner’s Guide

IOTA is a peer to peer, decentralized payment and exchange platform for the global network of Internet-connected devices, otherwise known as the Internet of Things (IoT). To understand what IOTA is trying to accomplish, you first have to understand the potential of the IoT, which is about much more than just devices connecting. Rather, it’s…

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What is EOS? | The Ultimate Beginner’s Guide
Author: Trent Rhode
United States
Source: UNHASHED
Aug 27, 2021 12:24

What is EOS? | The Ultimate Beginner’s Guide

Described as an operating system for decentralized applications (dapps) and smart contracts,  EOS was among 2017’s hottest news stories in the cryptocurrency community. EOS is currently in development by the company block.one and claims to be faster and more scalable than competing dapp platforms. The EOS project launched its crowd funding campaign on June 26,…

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What is Tether (USDT)? | The Ultimate Beginner’s Guide
Author: Cindy Huynh
United States
Source: UNHASHED
Aug 27, 2021 12:24

What is Tether (USDT)? | The Ultimate Beginner’s Guide

Tether is a cryptocurrency token pegged or “tethered” to the US dollar, so 1 Tether (USDT) is always equivalent to 1 US dollar (USD). To use an analogy, Tether is a bit like a casino chip. Casino chips represent money without being money. However, in theory, at the casino, you can always exchange the casino chip…

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