When you ask someone what a cryptocurrency is, the typical response you’ll hear is, “Bitcoin.” But is Bitcoin a token or a coin or both? Is there a difference between calling something a coin, a token, or a cryptocurrency? With all the jargon out there about cryptocurrencies, it can be overwhelming and confusing to understand
Can We Really Trust Centralized Exchanges? If you want to buy, sell, or trade cryptocurrencies, then you two main options are centralized exchanges and decentralized exchanges. Both come with risks and benefits, but most people on the whole use centralized exchanges. This is surprising when you consider how often hackers and government regulations target centralized
Maybe you’re leery about cashing in your real, live fiat cash for digital currency. Maybe you don’t really understand the market enough to know when it’s a great time to buy and when you ought to lay low. Maybe you just want to pick up a little something on the side in a new and
A report came out early this year showing that over 80 percent of ICOs are scams. This is much higher than an earlier report indicating that 46 percent of ICOs had already failed this year. The study aimed to cast light into the crypto community to help prevent fraud. Far from creating FUD, understanding the
One of the major attractions to cryptocurrencies and the blockchain is Smart Contracts. These small programs function off the blockchain, and if developers continue on the path they’re heading, they will be as vital to blockchain technology as light bulbs were to the invention of electricity. But in a trustless system, can users put their
How to End Cryptocurrency FOMO The concept is not new. Most people understand that FOMO is an acronym for the fear of missing out. It’s the feeling you get when you scroll through social media while at work or home and see snippets of everyone’s life in the perfect filter, full of smiles, and feel