Cryptopedia

Over the short history of the ICO, there’ve been many big scam campaigns: one deleted all the pages of their website, leaving obscene or mocking expressions on the main pages. But now scammers have begun to be caught: for example, the creator of PlexCoin project Dominique Lacroix was recently...

Money has its own functions. One of the currency’s functions is to be a mean of payment. With the development and growth of popularity of the cryptocurrency, they also began to acquire similar features of their “ancestors”. Now with a Bitcoin, you can buy games and applications, plane...

What is blockchain? The significant part of people living today has heard about blockchains. They may understand anything or know nothing about this concept, but this word follows us every day and in each corner of the world. The greatest part of the specialists says that this system will be the...

What? How? Why? Anonymous cryptocurrencies are peer-to-peer systems. They have own internal unit of account. The main goal of this type of cryptocurrencies is to provide complete privacy for transactions of money, which is done by cryptographic protocols. The use of last ones is aimed to make...

The invention of the Bitcoin Everything started in 2008. An unknown man, who called himself Satoshi Nakamoto, decided to bring Nick Szabo’s idea about digital currencies back to life. He created Bitcoin, which became the most popular and valuable crypto coin. No one knows, who Satoshi Nakamoto is...

The concept In short, Ripple is a system of fast payments, exchanges, and transfers. It is considered one of the safest and the fastest in its type. For its use people just should have 20 XPR (~$6), only for prevention of spam, and pay for each transaction 0.00001 XRP. XRP is cryptocurrency,...

So what does it mean? ICO (Initial Coin Offering) - a process, during which new cryptocurrency’s coins are sold. It’s a modern format of startups’ investment, which eases the problem of monetization when an idea or project is on their development stage. Now the word...

Clarification For both: the platform and the cryptocurrency working on it people use the word “Ethereum”. But the coin is also called ether. Therefore, in order not to get confused, let's stick to this option....

Introduction to blockchain In 2008, Satoshi Nakamoto (still unknown it is one person or a group of people) introduced the concept of the blockchain, which in 2009 was implemented through Bitcoin - the first cryptocurrency. The blockchain is a chain of blocks, an endless list in which information...