Guides

As far as the Bitcoin network's components are concerned, the Bitcoin hashrate plays an integral part. Diving right into its essence, Bitcoin hashrate can be referred to as a parameter that calculates the number of calculations that the network can perform each second. Basically, it's the feature that gives dimensions to Bitcoin's architecture.  When Satoshi Nakamoto designed the world's first cryptocurrency, he had to solve a basic problem of getting nodes that would maintain the system and have an incentive…

The rapid expansion of the crypto space has seen several innovative ways of generating substantial profits apart from just simply trading cryptos by buying low and selling high. One such innovative way of generating profits in the crypto space without trading is running Masternodes, which have increasingly become popular. Simply put, Masternodes are a series of servers that underpin a blockchain’s network. Masternodes maintain the blockchain by allocating the task of validating the blockchain to machines that are not previewed…

Dapps or decentralized applications are a part of the whole Smart Contracts ecosystem. When you think about it, the applications you use on your smartphone and computers are just generalized agreements between two parties: I agree to use a product produced by the developer who agrees to satisfy my desire and increase my utility. People realized that since blockchain is on a roll to decentralize everything, why not decentralize applications? And what better way to do that than using smart…

Ethereum, the second-biggest blockchain platform after Bitcoin by market cap, is amid enormous changes which, over the next few years, should make it scalable and capable of supporting many more users. Ethereum 2.0 is an upgrade to the current ETH1 network- and is also referred to as "Serenity." At the end of it all, Ethereum will become much faster and less susceptible to attacks on the network. In many ways, Ethereum 2.0 is the combined effort of thousands of developers…

From pool mining to solo mining and cloud mining, there are many ways of obtaining Bitcoin. Well, going on point, cloud mining is a form of bitcoin mining that employs a remote data center with shared processing power to allow users to mine bitcoins or alternative cryptocurrencies without owning or managing mining hardware. In such an arrangement, users must register on the platform and purchase mining contracts or shares with the mining company running and maintaining mining rigs. Crypto mining…

Cryptocurrency newsletters are your perfect gateway to the cryptoverse. If you are interested in bulk or real-time happenings inside the cryptoverse for whatever reason, you need reliable sources of information to inform you and keep you updated. There's no shortage of information about the blockchain and cryptocurrency industry, so it is ultimately up to you to find it and consume as much as you want or understand. Crypto newsletters cover news on new startups or coins, partnerships, crypto market analysis,…

These days, it's taken as a given that Know Your Customer (KYC) practices must be endured to trade crypto on centralized exchanges, as stringent legislation in most countries requires crypto businesses to verify individuals' identity using their service. However, it is not mandatory to use a KYC exchange (also referred to as "surveillance exchanges" by their critics) to trade. Moreover, several businesses still lawfully operate in jurisdictions that do not dictate the use of KYC laws or have no official…

Financial Conduct Authority (FCA) is considered relatively new in the financial service sector. It has been less than a decade since the regulator took over from its predecessor Financial Services Authority (FSA), in 2013. Such a transition is bound to cause some confusion on the scope of the regulatory measures in place. The broad and complex world of crypto assets and its evolving market is critical in defining what falls under FCA regulations. As a consumer, you need to be…

Blockchain technology is the underlying tech that introduced cryptocurrencies. The technology, yet so young, has immensely transformed the fintech industry, making it possible for persons to transfer value across the globe without any geographical or third-party limitations. The technology enhances the transparency of transactions not only for the grantee but also for the beneficiary. However, while most people are familiar with Blockchain technology, few understand the two types of transactions necessitated on the blockchain, On-chain, and Off-chain transactions. These two…