Day of mourning for memecoins. Internet memes appeared quickly after the popularization of the World Wide Web, and they provide a variety of inspirations. Thus, the photo of a smiling Shiba Inu dog inspired the Dogecoin (DOGE) logo in 2013. The very first memecoin was born, that is to say, a cryptocurrency whose popularity is…
1. Introduction Given that there is room for profit, there is also risk. An emerging market always carries potential for speculation. Its price can be volatile and can change due to external factors. Such as new government regulations that affect this type of currency or, more significantly, a security breach at its marketplace. This was…
1. Introduction Ethereum is an open-source, public, blockchain-based computing platform that features smart contract functionality. It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum’s internal cryptocurrency, the Ether, is used mostly by developers to pay for transaction fees and services…
1. Introduction 1. Introduction The following essay discusses the two influential virtual currencies in the marketplace today, Bitcoin and Ethereum. The goal is to provide insights into the differences and similarities between these two digital currencies in terms of their use cases, store of value, and investment opportunities. A brief historical overview will also be…
1. Getting Started Getting started with any new platform often seems a bit daunting at first. The great thing about Binance is that it’s an ideal platform for both beginners and more experienced traders. Whether you’re looking into your first Bitcoin purchase as a newcomer to the space, or if you’re an experienced crypto-trader, Binance…
1. Introduction Smart contracts reduce the need for reliance on human enforcement in contracts. Often, they are more secure, less costly, and lead to a positive future for the role of automation in contracts. An obvious example is in a complex financial contract. Suppose you loan some money to a friend, and he agrees to…
1. Introduction There are many resources available to see an introduction to Bitcoin, but the significance of Bitcoin is often a point that many of them have convinced. The importance of Bitcoin can be determined by its various features, but one of the important features is that it is secure, time and cost-efficient, and also…
1. Introduction There are over a thousand different cryptocurrencies and digital assets being traded on the global market. Many of which have seen the rise and fall in a short time span. It would be early to decide the true top tier of them at this point in time. That being said, there is a…
1. Introduction Cryptocurrency trading has boomed in recent years, taking up a significant portion of the financial industry. Many individual traders are diving into trading cryptocurrencies, in hopes of turning their investment into large amounts of money. While there are many success stories from cryptocurrency traders, the market itself is incredibly volatile and has big…
1. Introduction Another important feature of Bitcoin is its ability to provide irreversible payments. An example of when this is useful is in providing payments to a freelancer. With other payment methods, it is common for a cheque to get lost in the mail, or the employer to end payment early when the work has…