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?
I came to the cryptoworld quite a few years back, and I’ve never left. Over the years, new terms and words have entered the cryptocommunity’s lexicon. Language frequently changes, but for someone just entering this, sometimes crazy, crypto world, it can be a daunting task just to get through an article that’s filled with unfamiliar words.Here’s my list of the most useful … [Read more...] about The Crypto Disrupt Guide to Crypto Slang
The word disruption has many negative connotations – if a student is disruptive in a classroom, for example, or if public transport services are disrupted through strike action. However, in the case of modern institutions such as banks, legal firms, governments, and healthcare, not only are they outdated in how they transact between each other and with individuals, they are … [Read more...] about A Quick Guide to Disruption
Decentralization is a core concept you’ll hear about frequently when you’re reading and learning about cryptocurrencies and blockchain technology. Not only is it a core concept, but it is a key concept to know about when you happen upon articles discussing other concepts such as disruptive technologies like Bitcoin.Before we consider decentralization, let’s examine … [Read more...] about A Quick Guide to Decentralization