You can’t own cryptocurrency without a cryptocurrency wallet. A crypto wallet is a software program that works with a blockchain to select and track the addresses where your cryptocurrency resides. It makes your cryptocurrency assets accessible only to you. Wallets perform the complex calculations needed to coordinate with the blockchain when you send and receive […]
Coins
What Are Stablecoins?
Because of the volatility of the most popular cryptocurrencies such as Bitcoin and Ether, developers created stablecoins. Stablecoins are pegged to a fiat currency such as U.S. dollars. This ensures that payment in a smart contract won’t change over the term of the agreement. While stablecoins might be necessary today, they hopefully won’t be required […]
What is a 51% Attack?
Newcomers to crypto may hear of the expression a “51% attack”. In simple terms a 51% attack is when someone controls 51% or more of a cryptocurrency’s network and can manipulate transactions. Once in control, an attacker can do what’s called “double spend”, essentially being able to spend twice (for those interested, check out the […]
Ethereum Mining: Effect of Proof of Work Versus Proof of Stake
To say the cryptocurrency market has been a volatile place would be putting it mildly. No other asset class in recent history has experienced the wild price swings seen by the likes of Bitcoin, Ethereum, and other popular cryptocurrencies. While many long-time cryptocurrency investors have grown inured to these price swings, newcomers are amazed at, […]