By now, we’ve all heard of cryptocurrencies, but relatively few people own them, and even fewer understand them. This article tries to demystify cryptocurrencies.The idea of cryptocurrency is tough to grasp because the idea is new on many levels. It’s this fairy cake mix of novel computer science, cutting-edge social engineering technologies, novel tradeable instruments, … [Read more...] about What is a Cryptocurrency?
Yes, Callisto is actually a moon – Jupiter’s second largest as a matter of fact. But that’s not why you’re here. For those of you who haven’t heard, the Callisto blockchain is essentially a hard fork of the Ethereum Classic blockchain. The whitepaper was only recently published - Jan. 16, 2018, to be precise.Before I carry on and tell you how to receive these free tokens, … [Read more...] about Callisto is a MOON – And the Airdrop is Imminent!
Everyone knows that airdrops are the biggest trend in crypto, so we thought we’d give you the lowdown on three that we think are legit. Lexit Lexit is a new blockchain-based marketplace that offers entrepreneurs the ability to trade intellectual property, copyrights, and technology from discontinued projects, and even sell whole startups.Lexit is solving the problem that … [Read more...] about The 3 HOTTEST Airdrops in Crypto Right Now
Edge (formerly known as Airbitz) launched their new multicurrency wallet in February. We take a closer look and ask if the right wallet could lead to widespread crypto adoption. Crypto is Flying In 2008, Satoshi Nakamoto published the Bitcoin whitepaper. Fast forward 10 years and a plethora of cryptocurrencies have followed in its wake. Blockchain technology has certainly got … [Read more...] about Can the Right Wallet Lead to Widespread Adoption of Crypto?
People love great stories and blockchain puts on a great show with the Satoshi Nakamoto mystery, dramas surrounding Silk Road, and cryptocurrencies shaking the foundations of traditional global banking. Entertaining stories aside, blockchain is one of the most intriguing and widely misunderstood technologies available. Here's our blockchain 101 guide.Before I demystify … [Read more...] about Blockchain 101
Blockchain technology is causing a stir around the world because it has the potential to fundamentally change the way we perceive and interact with our money. You may think that this is a bold claim, but when you consider that most of economics is centered around trust and minimizing uncertainty, and that blockchain technology grants the individual autonomy over their funds, … [Read more...] about What’s so Important About Blockchain?
Typically, a startup is a small organization looking for a stable and scalable business model. Though small in scale, these blossoming businesses have a big impact on the economy. In fact, research published by the Ewing Marion Kauffman Foundation states that startups alone account for as many as 50% of new jobs created in the U.S.However, without the vital funds to seed … [Read more...] about ICOs Explained
About the Edge Wallet Edge (formerly known as Airbitz) launched their new multi-asset wallet earlier this month. It supports Bitcoin, Ether, Litecoin, Bitcoin Cash, Dash, Augur REP and Wings tokens. Furthermore, is also the only multi-asset mobile wallet that allows users to add ERC-20 tokens that Edge doesn’t natively support.The Edge wallet, available for download on … [Read more...] about How to Set Up the Edge Wallet
Most people mine or trade cryptocurrencies as a digital asset. While a responsible investment after doing your research makes great sense, many fail to understand the basics of cryptocurrencies before jumping in. One of the basics of cryptocurrencies is their consensus mechanisms. Let’s have a closer look.Sure, buddy!Proof-of-Work (PoW) PoW is a protocol (or system) … [Read more...] about Consensus Mechanisms Explained: Proof-of-Work and Proof-of-Stake
A Quora blog entry, "How to Buy Ether?" went viral for a unique reason. Erin Chang's answer reads: "Don't (buy ether)! […] Diethyl-Ether is incredibly flammable, very dangerous to have in residential structures. Furthermore, it forms organic peroxides over time, which are shock-sensitive explosives."She should have won the sarcasm-of-the-year award and should maybe consider … [Read more...] about A Step-by-Step Guide to Buying Cryptocurrencies
In the wonderful world of cryptocurrencies, you won’t get very far without finding you need a wallet. Even if you're just collecting airdrops, you'll still need to have one. Now, there’s plenty of them out there to choose from, but you need to know a little bit more before you can choose which one is right for you.Before I break it all down for you, don’t forget to sign up … [Read more...] about Wallets Explained
You’d have to be living under a rock to have not heard of cryptocurrency, or at least bitcoin, even though recently, some social media providers, like Facebook, have blocked advertisements and other related media.Airdrops are the newest, hottest thing in the cryptocommunity and, once you know what an airdrop is, it’ll be easy for you to see why.An airdrop is not an … [Read more...] about Airdrops Explained
Seeing as you’re here, I’m going assume that you may be a newcomer to the crypto community. If that is the case, you might be unsure of how to get started but don’t worry I’ve got it covered. This step-by-step guide is to help newcomers like you set up a MyEtherWallet and get you off to a flying start. You’ll be receiving, sending, and exchanging ERC-20 tokens in no … [Read more...] about How to Create a MyEtherWallet
Airdrops are a quick and easy way of getting your hands on some crypto, but if you’ve never participated in an airdrop before, you might be unsure where to start. In this guide, I’m going to participate in the Lexit airdrop to show you how it’s done.Let’s get started.The first thing you’ll notice here is that a couple of interactions are required before you can … [Read more...] about How to Participate in an Airdrop
With so many new tokens being released into the crypto community, it’s probably difficult for the MEW developers to keep their listings updated. As a result, you may find yourself unable to view new tokens in your wallet. This problem is easily rectified, and this short guide will show how to do just that.Firstly, you’ll need to visit myetherwallet.com and select ‘view … [Read more...] about Adding a Custom Token on MyEtherWallet
Last year, 2017, saw a mammoth rise in new companies using Initial Coin Offerings (ICOs) to launch. Selling tokens during ICOs is like selling shares in a business, but unlike the stock market, the company’s founder doesn’t relinquish any ownership rights. Instead, investors receive digital currency or tokens that they hope will increase in value, as they did with bitcoins, … [Read more...] about Are Airdrops the New ICOs?
With a market cap of $89 million, Ethereum is by far the second largest cryptocurrency in existence. Its huge following and many uses make for an immense amount of transactions per day. This guide is designed to help explain how Ethereum transactions work as well as to give some insight into sending Ether efficiently. Sending to an Address To send Ether (ETH) you are going to … [Read more...] about Ethereum Transactions Explained
There are two main types of cryptocurrencies - coins and tokens. Coins often work exactly like regular fiat currencies, such as dollars and pounds, in that they are used primarily as a form of payment.Tokens are more functional and versatile. While they can be used simply as a means of payment, it is not their primary purpose. Tokens can be used to perform complex, … [Read more...] about Token Types Explained
Bitcoin has been around for a while now. Since 2009, in fact. As usage has increased, issues have arisen such as scalability and rising transaction fees. These issues are being addressed by developers, but even with these issues, Bitcoin is exceptionally important technology.In this article, I’m going to give you a quick rundown of how Bitcoin works, and why it’s so … [Read more...] about Why Bitcoin is so Important
Pretty much all the world has heard of bitcoin and other altcoins, like Ether, by now. Anyone who has ever bought bitcoin will also have a searchable public address. Don’t worry, no-one knows your name or address, it’s just a series of numbers and letters that identifies your wallet, not you. It is a public distributed ledger after all.What’s funny about that is you can see … [Read more...] about Is Your Bitcoin Address on This List?