Stablecoins are probably the closest bridge from the world of finance as most people know it to the digital currency world. They serve to create some stability in the very volatile crypto market and bring investors different options for leveraging and hedging risk. The stablecoin market exploded in 2020-2021 but many people still don’t fully […]
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Have you ever heard the terms “minted” or “burned” thrown around in the crypto world but haven’t understood what they mean? We often hear “mint condition” in the physical asset world, but what does it mean with regards to crypto and what does burn mean? Both words are actions in crypto and have their useful
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By simple definition, Cryptography is the art of writing or solving codes in order to transfer data securely. There are various ways in which this is done, and cryptography can be used for any digital properties: code, images, files, etc. One way cryptography protects data is through obfuscation – scrambled or unclear data – is
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To validate and relay every transaction of cryptocurrency, a computer must be linked to that cryptocurrency’s network to support the verification process. This computer is a node. There are two types of nodes: full nodes and lightweight nodes. FULL NODES Each time a full node must verify a transaction, it receives a full copy of
EVERYTHING IS CHANGING, WHETHER YOU SEE IT OR NOT The internet plays a huge role in just about everyone’s lives these days. It’s been the centrepiece of a rapidly changing and evolving society. Web1.0’s simplicity mostly involved static information pages that you could browse but allowed no form of communication. Enter Web2.0 with the rise
The Term NFT to most people is a very fugazi term as are many things related to “the blockchain”. Many people often think of an NFT as a jpeg file that’s just hosted on a blockchain which generally raises the question “how are these valuable?” This definition of NFT is a major misconception, and some
