Pi Network
The goal of the cryptocurrency project known as the “Pi” Network is to provide an easy entry way for individuals to join in on the digital currency market. This can be done through downloading a mobile application that is simple…
The Blockchain Article Compound
Argo Blockchain
Argo Blockchain is a publicly-traded cryptocurrency mining company that operates in North America. The company was founded in 2017 and is based in London, UK. Argo Blockchain specializes in mining Bitcoin and other cryptocurrencies using a combination of its own…
Decentralized Exchange – What it is. What it does
We have talked about decentralization before in previous posts but lets dive deeper into what a decentralized exchange is exactly. Here is a basic definition: DEFINITION A decentralized exchange (DEX) enables users to trade crypto assets using blockchain technology without…
Which crypto exchanges do not report to IRS
Please keep in mind that this article is for information purposes only and by no means financial advice. Please always do your own research. Cryptocurrency exchanges are online platforms that allow users to buy, sell, and trade cryptocurrencies for other…
Ledger crypto wallet
In the world of cryptocurrencies, keeping your digital assets secure is of utmost importance. At a reasonable price Ledger is one of the most popular hardware crypto wallet providers on the market. The company offers two versions of its flash…
Decentralized Applications also known as dApps
Decentralized applications, commonly known as dApps, are a new class of applications that are built on decentralized blockchain platforms such as Ethereum. Unlike traditional centralized applications, dApps are not controlled by a single entity or organization but rather operate on…
The irony of an AI algorithm determining if another AI is writing content
Indeed, the irony of an AI algorithm determining if another AI is writing content is an interesting concept. AI algorithms are designed to perform specific tasks and make decisions based on patterns and data they were trained on. In this…
Why is the SEC after crypto?
The Securities and Exchange Commission (SEC) is interested in cryptocurrency and related assets because they are considered securities and fall under the agency’s jurisdiction. The SEC’s role is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital…
The trend of enterprises adopting digital ledgers
Recently, it has become more and more common for businesses to take advantage of digital ledgers like blockchain technology. This has been due to the clear advantages digital ledgers have over traditional centralized systems – including improved transparency, immutability, and…
When people though the Internet was just a fad
The internet is a global system of interconnected computer networks that use the standard Internet protocol suite (TCP/IP) to link devices worldwide. It enables the exchange of information, communication, and data transfer through the use of websites, email, instant messaging,…
How to avoid scams in a decentralized world
In a decentralized world, it is important to be vigilant in to avoid scams. Here are some 5 tips to help you stay safe: Do your research: This goes without saying. Before investing in any project, take the time to…
Understanding non-fungible tokens (NFTs) and their role in the art world
A non-fungible token (NFT) is a unique digital asset that is stored on a blockchain and represents ownership of a unique item or piece of content, such as a piece of art, music, or video. Unlike fungible tokens, such as…
Decentralization and its benefits
The term “decentralization” is used in a variety of contexts and can refer to a range of concepts, from political and economic systems to the distribution of power and resources within organizations. In a political context, decentralization refers to the…
What is Proof of Stake (PoS)
Proof of Stake (PoS) is an alternative consensus algorithm to Proof of Work (PoW) in the world of blockchain and cryptocurrencies. PoS was developed to address some of the major criticisms and drawbacks of PoW, such as its high energy…
What is Proof of Work or (Pow)
First off lets define what a consensus mechanism is. A consensus mechanism is a process or algorithm used to ensure that the participants in a decentralized system (such as a blockchain network) reach agreement on the current state of the…