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Proof-of-stake vs. proof-of-work: Pros, cons, and differences explained

Though Bitcoin’s (BTC) transaction history is securely sequenced using proof-of-work (PoW), it consumes a lot of electricity and the number of transactions it can handle at once is limited. As a result, new consensus mechanisms focusing on the less energy-intensive method have emerged, with the proof-of-stake (PoS) model being one of the most prominent. These […]

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Altcoin News Blockchain News

A beginner’s guide to understanding the layers of blockchain technology

Understanding the layers of the blockchain If you’ve looked into cryptocurrencies or blockchain in any way, you’ve probably come across terms like layer one and layer two protocols. Are you curious about what these layers are and why they exist? Let’s discuss blockchain layer architecture in this article. Blockchain technology is a one-of-a-kind mix of […]

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Altcoin News Cryptonews Deals

What is Tokenomics? A beginner’s guide on supply and demand of cryptocurrencies

A popular word for describing the internal dynamics of crypto projects, tokenomics, sheds light on how the asset functions, along with the psychological or behavioral forces likely to affect its value. Incentivizing buying and holding of the token and well-designed tokenomics plays a pivotal role in the success of a project. On the other hand, […]

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Altcoin News Bitcoin Cash

What is dYdX? A beginner’s guide to trading on a decentralized exchange

dYdX is a decentralized exchange (DEX) platform that offers perpetual trading options for over 35 popular cryptocurrencies including Bitcoin (BTC), Ether (ETH), Dogecoin (DOGE) and Cardano (ADA). It stands as one of the biggest decentralized exchanges in the world in terms of trading volume and market share. dYdX was founded by Antonio Juliano, a California-based […]

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Altcoin News

Altcoins vs stablecoins: Key differences explained

What is an altcoin? An “altcoin” indicates any coin that is an alternative to Bitcoin or any cryptocurrency that isn’t Bitcoin (BTC). Altcoins make up a significant part of the cryptocurrency market and are usually designed to compete with the market leader, Bitcoin, in functionality. Altcoins can be traded on an altcoin exchange or any […]

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Altcoin News

What is Bitcoin Cash, and how does BCH work? A beginner’s guide

Bitcoin Cash (BCH) is a proof-of-work blockchain network and cryptocurrency that’s faster and cheaper to use than Bitcoin (BTC). The asset was created via a hard fork of the Bitcoin blockchain network and has since developed its own community. Like its predecessor, Bitcoin Cash is accepted at certain merchants, can be bought on PayPal and […]

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Altcoin News

Altcoin exchange 101: A comprehensive guide on how to buy and sell altcoins

Altcoins came into existence shortly after Bitcoin (BTC) and offered an alternative to the most established cryptocurrency. Now, altcoins account for nearly 80% of the crypto market. Moreover, more than 5,000 altcoins are currently in circulation. On the flip side, investing in altcoins poses a greater risk compared to traditional cryptocurrencies like Bitcoin and Ethereum […]

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Altcoin News

What is an altcoin? A beginner’s guide to cryptocurrencies beyond Bitcoin

What is an altcoin? Altcoins explained An altcoin is an amalgamation of “alt,” referring to “alternative” and “coin,” referring to “cryptocurrency,” i.e., all coins that are not Bitcoin (BTC) are altcoins. Bitcoin was the cryptocurrency that introduced blockchain technology to the world after the global financial crisis of 2008–09.  BTC has established itself as the […]

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Altcoin News Technology News

What is a Smart contract and how does it work?

What is a smart contract? Smart contracts are essentially automated agreements between the contract creator and the recipient. Written in code, this agreement is baked into the blockchain, making it immutable as well as irreversible. They’re usually used to automate the execution of an agreement so that all parties can be sure of the conclusion […]

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Altcoin News Blockchain News

Bitcoin ETFs: A beginner’s guide to exchange-traded funds

What is a Bitcoin ETF and how does it work? Flexible traders who prefer diversifying their portfolios at a lower cost and tax benefits often invest in ETFs. But, what is an ETF? ETF refers to the exchange-traded funds that are a collection of assets whose shares are traded on a stock market. They blend […]

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