Blockchain
-
A Fundamental Way of Understanding the Value of Cryptocurrency & Blockchain
- June 15, 2021
- Posted by: DanCurranJr
- Category: General Information, Research Tutorials
No Comments
The fundamental concept of money is lost on most people, as most people unconsciously accept the fact that they can spend a dollar on something and it just works, and inflation happens but they don’t really quite get it, they can invest in a stock and it magically goes up or down, and so on.
-
What Is The Bitcoin Lightning Network? A Primer.
- June 8, 2021
- Posted by: DanCurranJr
- Category: General Information, Research Tutorials
One of the biggest “flaws” with Bitcoin is that it has relatively high transaction fees and can take a long time for confirmations. This scalability issue has plagued blockchains ever since it exploded into mainstream awareness in the past 5-6 years. In the case of Bitcoin, transactions are recorded onto a ledger called a blockchain,
-
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
-
Beginner Crypto Lesson 03 – Hard Wallets & Getting Paid Interest
- May 18, 2021
- Posted by: DanCurranJr
- Category: Beginner Lessons Series, Exchanges \ Wallets, Tips & Tricks
Recap So Far In Lesson 01 you learned how to sign up for an exchange and purchase the Crypto of your choice. In Lesson 02 we briefly discussed Understanding & Using Your Crypto Wallets and the importance of Understanding Custodial vs. Non-Custodial Crypto Wallets, we also talked about Where NOT to buy Crypto: (Robinhood &
-
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
-
DeFi & dApps: What are They? How Do They Work?
- April 25, 2021
- Posted by: DanCurranJr
- Category: General Information, Research Tutorials
Decentralized Finance (DeFi) and Decentralized Apps (dApps) are the two major innovations in the crypto space that leverage blockchain technology. These two innovations help eliminate third parties, otherwise known as centralization, and give users control over their finances. Both DeFi and dApps are increasingly becoming common in the FINTECH industry as they provide users with
