When buying bitcoin, the first question to answer is: Is it my ultimate goal to buy real bitcoin or buy a surrogate of bitcoin? And am i aware of the difference? This question is paramount because it determines how I will be able to handle the bitcoin I have purchased.
Dogecoin was created by software engineers Billy Markus & Jackson Palmer who created the blockchain featuring a payment network and a currency as a joke to make fun of the wild speculations on cryptocurrencies taking place at the time.
Dogecoin (DOGE) is currently a top ten cryptocurrencies by market capitalization. Since the start of the ‘Doge’ hype in the beginning of 2020, trading the cryptocurrency has become quite liquid and is available from most exchanges.
Bitcoin has a fixed supply of 21 million coins. These coins need to be created and distributed. For this to happen, bitcoin must be mined. Mining is necessary to secure the network & maintain the ledger of transactions.
Binance Coin is the native cryptocurrency of the Binance Chain and the Binance Smart Chain. The Coin powers the ecosystem and is used to pay for transaction fees on the Binance exchange and as gas for the chains.
Digital wallets are the entry gate into the crypto world. Kind of like how browsers unlocked the door to the internet and made its usage a mass phenomenon, digital wallets are helping people adopt cryptoassets. A wallet is an interface to see what is happening on a public blockchain. Practically speaking, it helps you receive, […]
XRP resides among the top ten cryptocurrencies in market capitalization. Considering XRP is a token that is based on its own distributed ledger (called XRPL), XRP cannot be bought through decentralized exchanges.
Bitcoin, as well as Ethereum, are like apex predators in their respective environments, with the potential to evolve further and challenge the other in their respective habitats. Bitcoin is challenging money, while Ethereum takes on the traditional world of finance.