General Information
Polkadot (DOT) Crypto: What Is It? What Makes it Unique?
- May 27, 2021
- Posted by: DanCurranJr
- Category: General Information, Research Tutorials
Polkadot is a relatively new cryptocurrency quickly gaining popularity. Bitcoin still tops the list for cryptocurrency and isn’t at risk of being dethroned anytime soon. But it is rising in ranks and threatens other high-ranking cryptocurrencies like Ethereum. How Does Polkadot Work? Polkadot cryptocurrency is set up as a blockchain — a way of storing information that
What is Polygon (MATIC) & Why It Matters for Ethereum
- May 25, 2021
- Posted by: DanCurranJr
- Category: General Information, Research Tutorials
Previously known as Matic Network, Polygon is a framework for building interconnected blockchain networks. It seeks to address some of Ethereum’s major limitations—including its throughput, poor user experience (high speed and delayed transactions), and lack of community governance—using a novel sidechain solution. Rather than being a simple scaling solution like its predecessor Matic Network—which uses
How To Add Custom Networks (Binance, Smart Chain, Polygon, Avalanche, Etc.) to MetaMask.
- May 18, 2021
- Posted by: DanCurranJr
- Category: General Information, Tips & Tricks
How to Add Custom Networks To MetaMask Some incorrectly think that MetaMask sets the high fees and tries to rip them off. In reality, it’s market demand for a blockchain network that sets the prices. MetaMask has no control over this. If things get expensive in one network, you can go to another with possibly
Proof of Work (PoW) vs. Proof of Stake (PoS): Blockchain Consensus Mechanisms Explained
- May 15, 2021
- Posted by: DanCurranJr
- Category: General Information, Research Tutorials
A critical aspect of blockchain technology is the distributed ledger, which stores records of all previous transactions. The reason why it is referred to as a distributed ledger is that the information is not stored in a central location but across a network of computers (nodes) in different parts of the world. For the ledger
Crypto Trading Pairs – What Are They? How Do You Use Them?
- May 10, 2021
- Posted by: DanCurranJr
- Category: Exchanges \ Wallets, General Information, Research Tutorials
Cryptocurrency trading pairs are a simple way of comparing the cost of particular crypto with another. Cryptocurrency Trading Pairs Explained In crypto trading, the term “trading pairs” refers to trade between one coin to another. For instance, the “trading pair” ETH/BTC implies that you can obtain Bitcoin using Ethereum or sell Ethereum for Bitcoin. Crypto trading
Beginner Crypto Lesson 02 – Understanding & Using Your Crypto Wallets
- May 4, 2021
- Posted by: DanCurranJr
- Category: Beginner Lessons Series, Exchanges \ Wallets, General Information
Continuing our beginner’s guide, in Lesson 01 you learned how to sign up for an exchange and purchase the Crypto of your choice. Once you have made some purchases, what are some best practices and strategies to maximize your purchases? Let’s dive in. First of all, if your crypto is on an exchange that is
Where NOT to buy Crypto: Robinhood & PayPal to Begin With.
- May 3, 2021
- Posted by: DanCurranJr
- Category: Exchanges \ Wallets, General Information
There are a lot of new “investors” entering the market recently because of word-of-mouth suggestions and an increase in the price of Dogecoin – so I think this needs to be said again. Many people within the crypto space are very aware that you must hold your own keys for true ownership and access. This
A Basic Guide To Understanding Cryptocurrency Stable Coins
- April 30, 2021
- Posted by: DanCurranJr
- Category: General Information, Research Tutorials
Compared to the traditional stock market, the crypto market is extremely volatile. At the time of writing, we are in a bull run. During bull runs, profit can easily be made: You invest (in a coin you researched thoroughly) and wait for your profit to grow. But what if the bull run turns into a
Crypto Proof of Work (PoW), Proof of Stake (PoS) & Other Proofs
- April 29, 2021
- Posted by: DanCurranJr
- Category: General Information, Research Tutorials
Every day, millions of transactions are performed on various blockchains. To perform a transaction, one has to pay a transaction fee. Transaction fees are paid to cryptocurrency miners in exchange for their transaction verification work. All transactions that take place on the blockchain are verified by a consensus mechanism on the network. In short, a
Understanding Custodial vs. Non-Custodial Crypto Wallets
- April 27, 2021
- Posted by: DanCurranJr
- Category: Exchanges \ Wallets, General Information
What are Custodial and Non-Custodial Wallets? Having custody means being in charge of someone or something for their/its safekeeping. So how does this relate to cryptocurrencies and cryptocurrency wallets? Well, the difference between a custodial and non-custodial is who has custody of your private keys. Private keys are cryptographic keys that allow people access to