The basics of cryptocurrencies for beginners.
The role of regulation in the cryptocurrency space – this is a topic that’s near and dear to my heart, and one that I believe is essential for anyone looking to get involved with cryptocurrencies to understand. As someone who’s been teaching about blockchain and cryptocurrencies for a while now, I’ve seen firsthand how confusing…
As we dive deeper into the world of blockchain, I’m often asked how this technology can be applied beyond the realm of cryptocurrencies. It’s a great question, because while Bitcoin and other digital currencies have certainly put blockchain on the map, its potential uses extend far beyond the realm of finance. To start understanding the…
The infamous 51% attack! As we dive into the world of blockchain security, it’s essential to understand this critical concept that can make or break the integrity of a decentralized network. So, what exactly is a 51% attack? In simple terms, it’s when an individual or group controls more than half of the total mining…
Transaction fees – the not-so-glamorous but utterly essential aspect of cryptocurrencies that every user should understand inside out. As your teacher, I’m excited to dive into this topic and demystify how transaction fees work in cryptocurrencies. First off, let’s set the stage: when you make a transaction on a blockchain network, like sending some Bitcoin…
So you want to know how crypto wallets work? Well, let me tell you – it’s a fascinating topic. As a teacher, I’m excited to share my knowledge with you. First off, a crypto wallet is essentially a software program that allows you to store, send, and receive cryptocurrencies like Bitcoin or Ethereum. It’s similar…
The world of cryptocurrencies – it’s an exciting space that’s full of potential, but also fraught with risks. As someone who’s been studying and teaching about blockchain and cryptocurrencies for a while now, I want to make sure you understand the possible downsides of using these digital currencies. First off, let’s talk about one of…
Staking in Proof of Stake (PoS) blockchain – the concept that has revolutionized how we think about consensus mechanisms in cryptocurrency networks. As your teacher, I’m excited to dive into the details with you. First off, let’s set the stage. In traditional Proof of Work (PoW) systems, like Bitcoin, miners compete to solve complex mathematical…
As we dive deeper into the world of blockchain and cryptocurrencies, I’m excited to share with you one of the most fascinating applications that’s been making waves in recent years: DeFi, or Decentralized Finance. So, what exactly are DeFi applications? In simple terms, DeFi refers to a set of financial services and tools that operate…
As we dive into the world of blockchain and cryptocurrencies, you may have come across a term that has been gaining significant attention lately: Non-Fungible Tokens, or NFTs. As your teacher, I’m excited to break down what NFTs are, how they differ from cryptocurrencies, and why they’re an important part of the blockchain ecosystem. First…
So you want to know about Initial Coin Offerings (ICOs)? Well, let me tell you – it’s a fascinating topic that has gained immense attention in the crypto space over the past few years. As your teacher, I’ll break down how ICOs work and provide some insights to help you navigate this complex world. First…