people ask

Can I mine Ethereum?

No. Since The Merge, Proof-of-work is no longer underlying Ethereum’s consensus mechanism, meaning mining has been switched off. Instead, Ethereum is secured by validators who

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people ask

Who invented Ethereum?

Ethereum was created in 2015 by Vitalik Buterin, a Russian-Canadian programmer and cryptocurrency researcher. He first proposed Ethereum in late 2013 as a platform to

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what is inflation 4

What is inflation?

Ever wonder why a carton of milk costs more now than it did 10 years ago? The answer is inflation. Inflation refers to a currency

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What is proof of stake?

In the world of cryptocurrency, there are different consensus mechanisms used to validate transactions and maintain the integrity of the network. One of the most

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what is smart contract 2

What is a smart contract?

Smart Contracts have been around since 1994 – yes, they are that old. To explain simply, smart contracts work like a computer program, using if-thin-then

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what is stablecoin 2

What is a Stablecoin?

A stablecoins is a type of cryptocurrency that has its price linked to another asset class, such as a commodity like gold, or a fiat

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What is market cap?

Market capitalization is the value of a company’s outstanding shares. It measures the value investors place on a company and what is required to purchase

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what is blockchain 2

What is Blockchain?

Blockchain is the underlying technology that powers most cryptocurrencies such as Bitcoin, Ethereum, Cardano, Solana, Bitcoin Cash, etc. A blockchain is essentially a public ledger that keeps a record of all transactions that happen on a cryptocurrency network. Blockchains are maintained and upheld by a decentralized network of nodes. Each node keeps a record of the blockchain. There can be hundreds, thousands, or even tens of thousands of nodes or more for a single blockchain.

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what is crypto wallet

What is a crypto wallet?

Cryptocurrency wallets are digital tools that allow users to store and manage their coins, tokens, and other digital assets. They come in different forms such

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people ask

Can I mine Ethereum?

No. Since The Merge, Proof-of-work is no longer underlying Ethereum’s consensus mechanism, meaning mining has been switched off. Instead, Ethereum is secured by validators who

Read More »
people ask

Who invented Ethereum?

Ethereum was created in 2015 by Vitalik Buterin, a Russian-Canadian programmer and cryptocurrency researcher. He first proposed Ethereum in late 2013 as a platform to

Read More »
what is fiat money 1 removebg

Public Keys vs Private Keys

Table of Contents Key Takeaways Public Keys are unique strings of characters used to receive and verify cryptocurrency transactions. Private Keys are secret codes used

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