Blockchain

PoW versus PoS
Blockchain

PoW versus PoS

A consensus algorithm is the way a blockchain network reaches an agreement that the block being produced is correct. Although there are a variety of consensus algorithms (and more are being produced all the time) the two main types are Proof of Work (PoW) and Proof of Stake (PoS). In…
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What Are Cryptocurrency Airdrops?
Blockchain

What Are Cryptocurrency Airdrops?

Cryptocurrency Airdrops 101 Over the years, cryptocurrencies have vastly evolved. 2017 was a big year for the cryptocurrency community largely due to the spike in prices of Bitcoin and many other Altcoins. As a result, the key buzz words surrounding cryptocurrencies were "lambos" and "mooning". However, 2018 has featured a…
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What Is A Hard Fork?
Blockchain

What Is A Hard Fork?

Everyone is talking about hard forks. There's been so many Bitcoin forks I've lost count. But what is a hard fork exactly and why do you end up with double the amount of crypto? We'll dive into the basics first and then explore hard forks in depth. So What Is…
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Crypto and Taxes
Blockchain

Crypto and Taxes

When do you pay tax on the gains you're seeing on your cryptocurrency investments? Not many people can answer this question. With taxes due in a few weeks now might be a good time to get an answer. Before we dive in I just need to say this. Nothing you…
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What Is A Crypto Wallet?
Blockchain

What Is A Crypto Wallet?

What is blockchain and how is it being used to change the way we live and work? Find out on our blockchain blog page after you're done understanding what a crypto wallet is! What is a Cryptocurrency Wallet? A crypto wallet is essentially a piece of software or hardware that…
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Keep Your Bitcoin Safe
Blockchain

Keep Your Bitcoin Safe

It’s a pretty common news story nowadays - a cryptocurrency exchange gets hacked and the hackers make away with millions of dollars in Bitcoin. But how are these exchanges being hacked exactly? Aren’t blockchain networks supposed to be extremely secure? And what does it mean that Bitcoin is stolen? Blockchain…
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What is Bitcoin Mining?
Blockchain

What is Bitcoin Mining?

If you’ve heard of Bitcoin you’ve probably heard the expression "Bitcoin Mining" also. This phrase tends to confuse newcomers to the cryptocurrency world. When I first started learning about Bitcoin and other cryptocurrencies I found this concept difficult to grasp. I had so many questions. What does it mean to…
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Blockchain Explained For Beginners
Blockchain

Blockchain Explained For Beginners

Blockchain Explained - Why The Hype? Chances are that you've been hearing all about Bitcoin and cryptocurrencies lately. In 2017 alone the value of Bitcoin increased more than fifteen times. But as great as Bitcoin and other cryptocurrencies are it's the underlying technology that is really exciting. Looking to have…
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