Category: Cryptopedia

What is DAO

Imagine a vending machine that not only takes money from you and gives you a snack in return but also uses that money to automatically re-order the goods… Read More

How do Bitcoin Transactions Work?

If I want to send some of my bitcoin to you, I publish my intention and the nodes scan the entire bitcoin network to validate that I 1)… Read More

Ripple (XRP) Wallets For Beginners

Are you concerned about where to keep your Ripple (XRP) coins? Then the following guide will help you do the right thing. It’s known that Bitcoin wallets are totally free. Ripple wallets, though, require users to have 20 XRP for booking their wallet address. That’s why it’s really important to pick the proper wallet right the first Read More

What Are Smart Contracts? Guide For Beginners

Imagine that you need to sell a house. It’s a rather complicated and daunting process which entails a lot of paperwork, communication with… Read More

Why Use a Blockchain?

As the implications of the invention of have become understood, a certain hype has sprung up around blockchain technology… Read More

How to Store Your Bitcoin

Before owning any bitcoin, you need somewhere to store them. That place is called a “wallet.” Rather than actually holding your bitcoin, it holds the… Read More

How to Buy Bitcoin: Best Practices, Where to Buy, Tips

First of all, before buying Bitcoin, you need a place to store it. In the world of cryptocurrencies, that place is called a ‘wallet,’ and they come in… Read More

How to Mine Ethereum. Guide for beginners

To put it simply, cryptocurrency mining is a process of solving complex mathematical problems. Miners are essentially the cornerstone of any… Read More

What is Cryptocurrency? Guide for Beginners

There have been many attempts at creating a digital currency during the 90s tech boom, with systems like Flooz, Beenz and DigiCash emerging… Read More

What Is Ripple?

Formerly known as OpenCoin, Ripple is a privately held company that is building a payment and exchange network (RippleNet) on top of a distributed ledger… Read More