What is a Mining Pool? A mining pool is a network of shared processing power by cryptocurrency miners where the reward is split equally,…
Cryptocurrency Education
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What is Blockchain Technology?
Last updated: October 3, 2023, 3:48 am Blockchain 101 | Cryptocurrency EducationA blockchain is a decentralized, distributed, public ledger of transactional data secured by cryptography. Transactions are grouped together in blocks and linked together in…
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What is a Hard Fork?
Last updated: December 5, 2018, 8:59 am Blockchain 101 | Cryptocurrency EducationA hard fork is an extreme break from a previous protocol on a blockchain that renders invalid blocks valid, or valid blocks invalid. Because…
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Distributed Ledger Definition
Last updated: March 7, 2018, 9:02 am Cryptocurrency Education | Cryptocurrency TermsWhat is a Distributed Ledger? A distributed ledger is a database unanimously shared and synchronized throughout an entire network. By nature, distributed ledgers are…
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Blockchain Definition
Last updated: March 7, 2018, 9:03 am Cryptocurrency Education | Cryptocurrency TermsWhat is Blockchain? A blockchain is a digital, decentralized ledger that keeps a history of all transactions that occur on the blockchain’s network. This…
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Smart Contracts Definition
Last updated: April 4, 2018, 11:19 am Cryptocurrency Education | Cryptocurrency Terms | Ethereum (ETH)What are Smart Contracts? Smart contracts are self-executing contracts whose terms are directly written into a blockchain’s code. Once both parties’ terms of agreement…
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GAS (ETH) Definition
Last updated: April 9, 2018, 9:59 am Cryptocurrency Education | Cryptocurrency Terms | Ethereum (ETH)What is Gas on the Ethereum Network? “Gas” on the Ethereum network can refer to two things. Gas Limit The maximum amount of units…
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GAS (NEO) Definition
Last updated: April 9, 2018, 10:08 am Cryptocurrency Education | Cryptocurrency Terms | NEO (antshares)What is Gas on the Neo Platform? GAS tokens are the monetary incentive for bookkeepers to keep the blockchain up to date. The Neo…
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Decentralized Application Definition
Last updated: May 29, 2018, 10:59 am Cryptocurrency Education | Cryptocurrency TermsWhat is dApp? A decentralized app (dApp) is a software program that uses the power of blockchain technology, and oftentimes smart contracts, to achieve…
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Blockchain Confirmations Definition
Last updated: March 7, 2018, 9:04 am Cryptocurrency Education | Cryptocurrency TermsWhat are Blockchain Confirmations? Blockchain Confirmations are additional blocks that are added to the blockchain after the transaction in question. The transaction that is…