NFTs for beginners

What is NFT and how does it work?

NFT is an abbreviation for Non-Fungible Token. NFTs are digital assets that are not interchangeable with other assets of the same type. This means that each NFT is unique and can be distinguishable from every other NFT. NFTs are stored on a blockchain, which is a distributed ledger that records all transactions. This allows for …

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Bitcoin mining

Bitcoin mining explained

Bitcoin mining is the process of verifying and adding transaction records to the public ledger (known as the blockchain). Bitcoin miners are rewarded with Bitcoin for their efforts, which can be used to buy goods and services or exchanged for other currencies. Mining is a computationally intensive process that requires powerful computers to solve complex …

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Blockchain explained

Blockchain technology explained

Blockchain technology is a distributed database that allows for secure, transparent and tamper-proof storage and transfer of data. Blockchain was originally developed as the underlying technology powering Bitcoin, but has since found use cases in a variety of other industries. A blockchain is essentially a digital ledger of transactions. When a transaction is made, it …

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Guide to stablecoins

A beginners guide to stablecoins

A stablecoin is a digital asset that is pegged to a fiat currency or other asset, such as gold. This peg ensures that the value of the stablecoin remains relatively stable, even when the market is volatile. There are several advantages of stablecoins. First, they can provide a degree of stability in a volatile market. …

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Introduction to cryptocurrencies

Introduction to Cryptocurrencies

Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. The most well-known cryptocurrency is Bitcoin, but there are many others including Ethereum, Litecoin, and Ripple. Cryptocurrencies work using a …

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