DeutschThe Proof of Stake (PoS) consensus mechanism is one of the most important in the field of digital currencies. With this algorithm, new units of…
What is Proof-of-Work? Proof-of-Work is a consensus algorithm responsible for creating coins. In networks based on the Proof of Work (PoW) method, users receive rewards…
What are Blockchain Protocols? Blockchain protocols represent transactions of cryptocurrencies between at least two parties. The protocols used store all changes in this case. The…
As their name suggests, public blockchains are blockchains within which users do not need special permissions to view the publicly available data. Most well-known cryptocurrencies…
What Does Pump and Dump Mean? The pump-and-dump “scam” is a problem that often affects smaller investors in particular. Market participants with large capital resources…
Reports about pyramid schemes or snowball systems do not only exist in the field of cryptocurrencies. The term is derived from the geometric shape of…
Rekt is short for “get wrecked”, which means “destroyed” or “failed”. Investors in the crypto space are considered “rekt” if, for example, they suffer a…
In the context of chart analysis, “resistance” is a resistance level. At such a point in a price chart of a digital currency, a previous…
In the international parlance of the crypto world, the roadmap refers to the exact schedule that reflects the goals of a project, a coin, or…
Satoshis are the smallest unit of a Bitcoin—equivalent to the cent of the euro. How much BTC is a Satoshi? 1 Bitcoin can be divided…
