Crypto Terminology
Proof of Work - Crypto Terminology

Cryptocurrencies like Bitcoin and Ethereum operate on a decentralized blockchain network that enables secure and transparent transactions without the need for intermediaries like banks or financial institutions. One of the key components of this network is a consensus mechanism known as Proof of Work (PoW).How does Proof of Work work?Proof... Read more

Crypto Terminology
Proof of Stake (PoS) - Crypto Terminology

One of the two most popular consensus methods in blockchain technology is the Proof of Stake (PoS), also known as Proof of Participation (PoP). PoS, like Proof of Work (PoW), aims to establish consensus among all of the network's participants. In this article, we will explore the basics of PoS... Read more

Crypto Terminology
What is the Slippage? - Crypto Terminology

Slippage is a term describing the difference between the expected price of a trade and the price the trade actually executes at. Slippage often occurs during periods of high market volatility, or when there is a large difference in the amount of buy and sell orders on the market. It... Read more

Crypto Terminology
Market cap - Crypto Terminology

The market capitalization of a cryptocurrency is the total value of all coins or tokens in circulation. It is calculated by multiplying the current price of a coin or token by the total number of coins or tokens in circulation. The market cap of a cryptocurrency can give you an... Read more

Crypto Terminology
Dominance - Crypto Terminology

In the world of cryptocurrency, Dominance refers to the market share that a particular coin or token holds. For example, Bitcoin currently holds the largest market share in the cryptocurrency space at around 50-60% (depending on which data source you look at). This means that for every $100 worth of... Read more

Crypto Terminology
What is a Bitcoin Address? - Crypto Terminology

As the popularity of Bitcoin continues to grow, understanding the basics of how it works becomes increasingly important. One of the fundamental components of the Bitcoin network is the Bitcoin address. In this article, we'll explore what a Bitcoin address is, how it works, and why it's crucial to using... Read more

Crypto Terminology
What is a Stablecoin? - Crypto Terminology

Stablecoins are a type of cryptocurrency that is designed to maintain a stable value. Unlike other cryptocurrencies, which can experience significant price volatility, stablecoins are pegged to the value of another asset, such as the US dollar or gold. This makes them a popular choice for investors who want to... Read more