Glossar

The 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…