Updates
Knowing what to research & what red flags to look out for are crucial before you invest into any crypto currency, i will cover some basics that i tend to do which help me decipher if a project is likely to have shady intentions from the offset or not, these checks literally take me a […]
A Bitcoin halving is when the payout for mining a new block is halved, and this happens after every 210,000 blocks (approximately four years). The first of which happened in 2012, and the next will occur in 2024. We will discuss what happens in a Bitcoin halving, why it is a big deal for those […]
Smart contracts are like paper contracts that have been digitised and automated meaning no middleman e.g. lawyers are required to make sure everyone is playing nice. Think of it like this paper contracts are you at a job with a boss, smart contracts are you as an self employed, If you wanted to hang out […]
A DAO is essentially an automated ‘GoFundMe’, that uses crypto instead of traditional fiat, let elaborate on this…. Analogy You and your neighbours are throwing a street party for New Year’s. You decide to start a GoFundMe to raise money to buy food & drinks, supplies, entertainment and so forth. The rest of the neighbours […]
Market Capitalisation Market cap (or market capitalisation) is a metric that measures the value of a cryptocurrency. You can calculate the market cap by multiplying a coin’s current market price with the total number of coins in circulation. It is imperative to look a project’s circulating supply and fully diluted value (or maximum supply). Some […]
WHAT IS Mt. GOX Mt. Gox was a bitcoin exchange based in Shibuya, Tokyo, Japan. Launched in 2010, it was handling over 70% of all bitcoin (BTC) transactions worldwide by early 2014, when it abruptly ceased operations amid revelations of its involvement in the loss/theft of hundreds of thousands of bitcoins, then worth hundreds of millions in US dollars. In February 2014, Mt. Gox […]
In the cryptocurrency world, a private key is like a secure password that enables access to your crypto funds. Let’s take a closer look at what they are and how to protect them.. What is a Private Key? When you purchase crypto coins, you’ll be issued a public key and a private key. The public […]
With open-source cryptocurrency, implementing changes and updates can be troublesome. Hard Forks and Soft Forks are two different methods used to upgrade or change a cryptocurrency network. A fork occurs when a project’s software is copied and modified. The original project continues to exist, but it is separate from the new one which adopts a different […]
The crypto industry was “brought to its knees” in recent weeks by an “old-fashioned Madoff-style Ponzi scheme” wrapped in a trade that was similar to the positions that sunk Long Term Capital Management (LTCM),” research firm FSInsight said in a report Friday looking at the implications of the implosion of cryptocurrency hedge fund Three Arrows Capital (3AC). […]