A crypto token is a digital asset that is used to represent a certain value within a decentralized application (DApp) or cryptocurrency. They are often created through an initial coin offering (ICO) in order to fund the development of the DApp or cryptocurrency. Crypto tokens can be used for a variety of purposes, such as … Read more
Digital money is a type of currency that is available in digital form. It is similar to traditional fiat currency, but it is not backed by a physical commodity such as gold or silver. Bitcoin, Litecoin, and Ethereum are all examples of digital money. Digital money is also sometimes referred to as virtual currency, digital … Read more
Proof-of-stake (PoS) is a type of algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. Unlike proof-of-work (PoW) based systems, such as Bitcoin, which require miners to use substantial amounts of computing power to solve complex mathematical problems in order to validate transactions and create new blocks, a PoS system requires users … Read more
Cryptocurrency is a digital or virtual asset designed to work as a medium of exchange. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Cryptocurrencies are often traded on decentralized exchanges and can also be used to purchase goods … Read more
