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Explained



Mining process

Mining: all about the process of getting crypto coins

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Every person that has access to a computer and the Internet surely has heard about the mining. Most of them didn’t even get what it means, how it works and why do people need this. Here we are going to consider all the little details of the mining process and understand its purpose. This article...

Anonymous cryptocurrencies

Anonymous cryptocurrencies

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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...

What is Ripple

What is Ripple

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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,...

What is ICO

What is ICO

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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...

What is Ethereum

What is Ethereum

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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....

Now, with the rapid development of the blockchain, the growing number of ICOs and cryptocurrencies, people, who are interested in these processes and trying to enter IT sphere, had some difficulties because of the huge flow of information. Articles are often stuffed with complex terminology and names, and all this - without any explanation.

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