Bitcoin mining is the process by which blocks of transactions are added to the public blockchain and verified. It’s also the process by which new Bitcoin is created—a mechanism that both secures the integrity of the blockchain and incentivizes participation in the network. Miners compete to add new blocks to the blockchain. Mining Bitcoin demands […]
The world of online casinos is filled with all kinds of ways to keep its fans entertained. Sites offer arrays of bonuses and thousands of games to cater to the needs of their customers. They also offer tournaments. This is a way to create a community and have the community compete to get all sorts […]
It’s been a long time coming, but the first phase of Ethereum 2.0 is finally up and running. The multi-phased upgrade aims to address the Ethereum network’s scalability and security through several changes to the network’s infrastructure—most notably, the switch from a proof of work (PoW) consensus mechanism to a proof of stake (PoS) model. […]
Much of the conversation around the latest NFT market boom has centered on profile picture collections such as CryptoPunks and Bored Ape Yacht Club, which have collectively accounted for hundreds of millions of dollars of transaction volume in recent weeks. But there’s another surging NFT collection with a very different kind of allure: Art Blocks. […]
Non-fungible token (NFT) crypto collectibles like artwork and videos exploded in popularity in early 2021, but several blockchain-based video games had already been building in the space before most people took notice. When NFTs hit the mainstream, the promising crypto game Axie Infinity by indie studio Sky Mavis took off. And when the wider NFT […]
Ah, the index fund. Invest in hundreds of stocks at once, like the entire S&P 500, and you can spray and pray your way to conservative financial success within a few decades. So what if Elon Musk crashes Tesla into a wall or climate change snuffs out the oil and gas companies? You’ve invested in […]
Since its inception in 2015, Ethereum has been the dominant platform for crypto companies to build projects on. Its combination of smart contracts and ERC-20 tokens allows anyone to create their own tokens on top of Ethereum’s infrastructure – that led to the birth of DeFi. As a result, a litany of other protocols has […]
This is a guest post from Luxor’s Hashrate Index. A miner with roughly 1 exahash (EH) of Bitcoin’s hash rate is advertising its blocks as “carbon negative.” So, how can a miner produce work and leave a negative carbon footprint, seemingly reversing entropy? Well, the short answer is, of course they can’t, but how can […]
The Uniswap logo. Source: Uniswap Major decentralized exchange (DEX) Uniswap (UNI) has been swept into a controversial story since yesterday, as a decentralized finance (DeFi) education-focused fund abruptly sold off half of the assets allocated to it by Uniswap governance – raising a number of questions on decentralization, Uniswap’s governance, transparency, and project accountability. On […]
What happens when a joke gets taken seriously? In 2013, Dogecoin (DOGE) was created as a way to poke fun at the crypto industry; now it’s one of the world’s biggest cryptocurrencies. How did it get to this point? What is Dogecoin? Dogecoin is a cryptocurrency that takes its name from the “doge” Internet meme. […]
Since the advent of decentralized finance (DeFi), a number of peer-to-peer financial products have been built, enabling users to lend cryptocurrencies to other users and stake funds in liquidity pools to enable trading. But here’s one that might not make a lot of sense on the surface. PoolTogether is a lottery in which anyone who […]
While crypto markets are maturing, developing more financial products, and gaining users, most crypto assets are still marooned on their native networks. This means assets minted on a network like Ethereum cannot be used or directly traded to another crypto network, like the Bitcoin blockchain or Binance Smart Chain. Swapping assets across blockchains is reliant […]
“El Salvador is predominantly a service economy, and its major export is human labor to the United States. Thus, international remittances form a major inflow of money into the country. When you pair this with the fact that roughly 70% of the nation is bankless and a significant amount of the incoming money is taken […]
When CryptoKitties, one of the very first non-fungible token (NFT) projects, brought the Ethereum blockchain to a halt in late 2017 due to immense congestion, developer Dapper Labs learned firsthand that current-gen blockchains weren’t built to handle such demand. Rather than simply find another home for the decentralized app (dapp) or wait for Ethereum scaling […]
Self-proclaimed Dogefather Elon Musk, also known as the Tesla and SpaceX CEO, tweeted today about Baby Doge, a Dogecoin spinoff, and helped jack up its price by as much as 130%. “Baby Doge, doo, doo, doo, doo, doo,” tweeted Musk in an apparent reference to the Baby Shark Dance, a children’s song, and YouTube’s most-viewed […]
Every four years, the amount of Bitcoin doled out to cryptocurrency miners halves, in a process imaginatively known as the Bitcoin halving (or halvening). Here’s why—and how—it works. Bitcoin’s supply limit To understand the Bitcoin halving, we must first understand the theory behind Bitcoin’s supply. The inventor of Bitcoin, Satoshi Nakamoto, believed that scarcity could […]
Crypto projects are always exploring new ways to disrupt the world around them—everything from art, to finance, to aerospace to food. Most recently, crypto has been disrupting how communities take part in shaping companies. In this Learn guide we’re going to be exploring how Snapshot is helping decentralized businesses enable their users to shape which […]
