Decentralised Finance, or DeFi, is an emerging industry that uses blockchain technology and cryptocurrency to create decentralised financial services such as payments, loans and insurance. DeFi services aren’t owned or controlled by a centralised authority and have no middlemen. DeFi can help deliver affordable financial services to low-income people and can simplify the complicated financial […]
ethereum
Ethereum Explained: Everything You Need to Know
Ethereum is an alternative cryptocurrency that is worth understanding. Named after “the hypothetical invisible medium that permeates the universe and allows light to travel”. It differs from Bitcoin and other currencies in a number of ways, including practical applications and the ability to generate new coins consistently. Many users are overwhelmed by the terminology in […]
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, […]
What is Ethereum? – A Quick and Simple Overview of the Basics
Ethereum is a term you’ll often hear when researching cryptocurrencies. At Ethereum.org, it’s described as the “blockchain app platform“. So what does that mean? In simple terms, Ethereum is the name of the network developers are creating applications on, these (decentralised apps or dApps) are called smart contracts. It uses the blockchain global ledger as […]