What are Nodes?

Nodes are computer devices that help to uphold the integrity of blockchain networks by storing records of transactions. Nodes can be computers, smartphones, or other computer devices. They serve a vital purpose in the cryptocurrency ecosystem.

What is Bitcoin Cash?

bitcoin cash

Bitcoin Cash is a prominent cryptocurrency that was created from a fork of Bitcoin. A fork is when a new cryptocurrency or a new variation of a cryptocurrency is created from an existing cryptocurrency. The fork that brought Bitcoin Cash into existence occurred in August 2017.

What is Blockchain?

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.

What is NFT?

what is nft

NFT stands for “non-fungible token.” Fungible means interchangeable. So, a non-fungible token is a non-interchangeable digital token. Because NFTs are non-interchangeable, it means that they are unique. NFTs represent real-world objects like art, videos, in-game items, and music. Table of Contents NFTs are powered by blockchain technology. It is blockchain technology that upholds their integrity […]

What is fiat money?

fiat money

Fiat currency is a type of currency that is usually issued by a government and that is backed by an asset such as gold or silver. Instead, fiat issues are backed by the government itself. Because fiat currencies are not backed by any physical asset, governments can print them endlessly. Fiat currencies are essentially just […]

What is Crypto Staking?

What is Crypto Staking

Staking, in crypto, refers to the act of holding your coins in a wallet, locking them up for a period, to validate the network and thus, earn fees based on a fixed percentage. Simply put, you contribute to the security of the blockchain by locking your crypto for a specific time, then the blockchain rewards […]