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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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Soft fork vs. hard fork: Differences explained

Cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) are powered by a decentralized open-source software called a blockchain. A fork is a change to the blockchain’s underlying protocol. A blockchain fork is an important upgrade to the network and can either represent a radical change or a minor one and can be initiated by developers or […]

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Bitcoin vs. Bitcoin Cash: What’s the difference between BTC and BCH?

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  • February 28, 2023

Bitcoin (BTC) and Bitcoin Cash (BCH) share similarities that go beyond their names. Bitcoin is the first cryptocurrency to have ever been created and is often seen as digital gold, or “gold 2.0.” The cryptocurrency is treated as a store of value and inflation hedge.  Bitcoin Cash, on the other hand, is a cryptocurrency meant […]

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Bitcoin News

Asset tokenization: A beginner’s guide to converting real assets into digital assets

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  • February 27, 2023

What is asset tokenization on a blockchain? Asset tokenization is an extended use case of blockchain technology beyond Bitcoin (BTC) that enables the purchase, sale and exchange of digital assets on the distributed ledger. For instance, real estate asset digitization contributed to developing an illiquid asset, allowing buyers to transact immutably. But what does tokenization […]

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A beginner’s guide to the Bitcoin stock-to-flow model

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  • February 21, 2023

Bitcoin stock to flow Starting to invest in cryptocurrencies can be a daunting task, as digital currencies are notoriously volatile, making it difficult for new investors to make informed investing decisions. Given these difficulties, one might find it helpful to use the “stock-to-flow” (SF or S2F) model to make a more structured decision. Crypto investments, […]

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Bitcoin News Cryptonews Deals

USDT vs. USDC vs. BUSD: What are the similarities and differences?

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  • February 16, 2023

Stablecoins give investors the experience of both the traditional and crypto worlds by offering stability via fiat money backing, plus the ability to quickly transfer funds on blockchain networks. Tether (USDT), USD Coin (USDC) and Binance USD (BUSD) are some of the known stablecoins in the crypto space. All three stablecoins are backed 1:1 by […]

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Bitcoin News

A beginner’s guide to the BNB Chain: The evolution of the Binance Smart Chain

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  • February 16, 2023

The Binance Smart Chain (BSC) is now the BNB Chain. BSC, crypto exchange Binance’s layer-1 blockchain, recently announced the merger of the Binance Smart Chain and the Binance Chain to form the BNB Chain. The relaunch of Binance’s layer-1 or base blockchain is part of a plan to link it to the protocol’s governance token—BNB—to […]

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Bitcoin News

Beyond Bitcoin Lightning Network: Altcoins with Lightning Network support

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  • February 16, 2023

The Lightning Network is an off-chain protocol aiming to solve Bitcoin’s (BTC) scalability issues. Off-chain solutions, sometimes referred to as layer-two solutions, enable users to create peer-to-peer payment channels with one another. Generally, off-chain payment channels are meant for smaller Bitcoin transactions such as buying a coffee. On a payment channel, transactions do not clog […]

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XRP vs. Bitcoin: What are the key differences?

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  • February 15, 2023

Bitcoin (BTC) was the first cryptocurrency to publish a white paper in 2009 that envisioned a new form of money. As the idea took off to become the first real-world implementation of blockchain technology, Bitcoin found use cases within the internet and eventually created borderless marketplaces.  Bitcoin’s blockchain infrastructure is run by a network of […]

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Bitcoin News

What is XRP? And what does it have to do with Ripple?

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  • February 14, 2023

XRP is a cryptocurrency token designed to migrate transactions from central databases controlled by financial institutions to a more open infrastructure while significantly cutting costs. XRP transactions are trustless, instant and cheap, putting them at an advantage for cross-border movements. Launched in 2012, the cryptocurrency has one of the most ambitious goals in the cryptocurrency […]

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