Category: Education
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The difference between Cryptocurrency Mining and Cryptocurrency Minting
Decentralization is the defining feature of blockchain technology. Since a blockchain is a distributed public ledger, all transactions and assets can be easily viewed by everyone. The decentralized nature of blockchain necessitates that the validity of each transaction is checked by several independent parties rather than a central authority. Each node in a network acts…
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What are the different order types when trading cryptocurrency?
When the cryptocurrency sector started taking off, the number of venues for exchanging BTC for conventional cash or tangible commodities was limited, and P2P transactions using the Bitcointalk forum were the norm. These transactions were inherently risky, but the value of a Bitcoin was almost negligible in those days, so putting your money on the…
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Proof of Work vs. Proof of Stake
A blockchain is a decentralized ledger that stores transactions and lets users transfer and store digital currencies. For a decentralized network to function as intended, all participants must agree on the system’s current state and keep a record of the holdings of every network participant. This consensus is achieved by specially designed algorithms called consensus…
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The Difference between Fundamental Analysis and Technical Analysis in Crypto
To come out profitable in the cryptocurrency market, you must do your own research. It may take some time, but starting your journey by learning as much as possible about crypto investments goes a long way. Then, once you have grasped the basics, you will want to explore topics like tokenomics to identify the many elements…