BLOCKCHAIN • CRYPTOCURRENCY • NARRATIVE JOURNALISM
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What are Cryptocurrencies? First, let’s understand the definition of cryptocurrencies. Cryptocurrencies are digital currencies that are encrypted (secured) with complex cryptographic algorithms. Cryptography is used here to secure and verify the transfer of transactions. Cryptocurrencies are powered by a public ledger which records and validates all transactions chronologically, which is known as a blockchain. What [...]
What Is Binance? Before we begin discussing what the Binance Coin is, we shall first discuss about Binance, the exchange. Binance is one of the biggest cryptocurrency exchange in the crypto space, with almost $1.5 billion in trading volume every single day. The exchange was launched in July 14th 2017, in an ICO which raised nearly [...]
What is Stellar? Founded in 2014, Stellar is a cryptocurrency project created by two of Ripple’s co-founders after running into philosophical differences with the rest of Ripple’s team. When Jed McCaleb and Joyce Kim determined that the consensus implemented by Ripple was far from perfect, Stellar was forked from the said network. Even though it [...]
The cryptocurrency market took a plunge in 2018 after it saw an immense increase in the last months of 2017. There are many theories as to why this happened, but no one really knows for sure. Even though the price drop has scared off many investors in selling their assets, there are plenty of crypto [...]
What is Cardano? Cardano is a smart contract platform, which features a similar functionality to that of Ethereum, with an emphasis on security through the use of a layered architecture. It’s the first blockchain project to be developed from scientific philosophy and created on peer-reviewed academic research. Cardano can be used to send and receive [...]
Bitcoin is a digital currency promoted as a payment method that bypasses the typical downsides to transferring money, such as high transaction fees. But the question is still out whether it’s truly a good substitute for real money. What Is Bitcoin? Bitcoin is the world's first cryptocurrency, developed in 2008 by an anonymous inventor that goes [...]
What Is Tron? Tron is a blockchain-based platform developed to be a decentralized content distribution platform for users and creators which want to release their content without having to rely on a third party entity that restricts or takes advantage of them. The project’s founder Justin Sun aims to create a Web 4.0 which will allow [...]
What is Litecoin? Litecoin is one of the oldest cryptocurrencies on the market which function in a similar manner to Ethereum and Bitcoin. While it features many of Bitcoin’s main features, it was conceived to enable instant, near-zero cost payments worldwide. Litecoin’s team describes the coin on its official website as a currency that doesn’t [...]
What is a Whitepaper? If you’ve been exposed to the crypto world even for a tiny bit, there’s a good chance you’ve come across the term of ICO, short for Initial Coin Offering. An ICO is a new-age fundraising mechanism that helps new project sell its crypto tokens in exchange for other more popular and [...]
What is EOS? EOS is a blockchain platform which works similar to Ethereum for the development of decentralized applications (DAapps). It was designed to facilitate DApp development by providing an operating-system-like set of services which can be used in the developmental process. Often called the “Ethereum killer”, the platform aims to improve a few things [...]