BLOCKCHAIN • CRYPTOCURRENCY • NARRATIVE JOURNALISM
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What are Cryptocurrency Wallets? A cryptocurrency wallet works in a similar way to a physical wallet in the sense that you can keep in it digital currency. But the similarity ends there. A crypto wallet is, in fact, a software program stores the private and public keys required for the owner to be able to [...]
Bitcoin vs Ripple Bitcoin was created to be a form of peer-to-peer electronic cash which was created in 2009, making it the world’s first digital currency to be secured by cryptography, and which did not have any central authority to govern it. Bitcoin holders are able to send and receive the coins among each other, [...]
What is an ICO? ICO stands for Initial Coin Offering which is a token sale carried out by crypto startups in order to raise funding for their project. Most of the time, a company launches the ICO before they release the coin for trading on any exchanges. There are currently thousands of ICO projects on [...]
What is a Sidechain? Sidechains are a concept first surfaced in 2014 when several important developers in cryptography and early digital currency published their paper on Pegged Sidechains. A sidechain is a blockchain separated from the original blockchain, which enables users to securely transport tokens and other digital assets between blockchains and then link back to [...]
What is Dash? Dash is a cryptocurrency initially created in 2014 by coping Bitcoin’s code and first called Xcoin. It was subsequently rebranded to Darkcoin, but due to its dark web connotations, it rebranded again to Dash. Unlike Bitcoin which is popular as a store of value of trading medium and Ethereum which is a [...]
Blockchain and cryptocurrency are both important components of the ever-growing ecosystem of cryptographically managed and secured systems, but in spite of commonly being used as interchangeable terms, they are actually quite different concepts. Blockchain The name kind of says it all. A blockchain is a large database in which every transaction from every account is [...]
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 [...]
Recently, Costa Rican employees have begun to receive salaries in the form of cryptocurrency - a change considered by lawyer Rolando Perlaza a “trend that could take hold in the country." The adoption rate of cryptocurrencies is on the rise in Costa Rica as workers have started to accept part of their salary in crypto [...]