Basics

NFTs have been around for quite some time, making many users feel excited about the future. What is actually an NFT, how does it work and do we really need it as a technology? Let's explore the impact these digital assets have on art and innovation.

Memecoins are cryptocurrencies created out of internet memes, often called jokes and launched as experiments offering little to no utility. Their success solely relies on community support, endorsements and interest of the general public.

DeFi stands for Decentralized Finance and is the new way users can manage money built on top of blockchain technology, which operates without the need for inermediaries. It aims to make financial systems more transparent and available to anyone in the world with an internet connection.

A crypto whitepaper is a crucial document that outlines a blockchain project's vision, technology, and roadmap. It serves as a blueprint, detailing the problem it aims to solve, the solution offered, and the technical framework behind it.

Solana (SOL) is a fast, low-cost blockchain platform designed for scalable decentralized applications (dApps) and smart contracts. Despite challenges, Solana’s thriving ecosystem and resilience position it as a key player in blockchain innovation.

A cryptocurrency address is a unique identifier used to send and receive digital assets like Bitcoin or Ethereum. It functions like a digital "address" on the blockchain, ensuring secure transactions through cryptographic keys.

Cryptography is a way of securing confidential or private information and making them inaccessible to unwanted individuals. It combines mathematical algorithms and hashing functions to ensure maximum security. The security standards are quickly changing with the rapid developments in technology.

Staking is a concept of securing the network and earning rewards in return. Although it can be a profitable strategy, it involves many risks, such as price drawdowns and exploits, so always stay sharp for potential red flags.

Ethereum, launched in 2015 by Vitalik Buterin, transformed blockchain beyond Bitcoin by enabling smart contracts and decentralized apps. Its currency, Ether, powers these transactions, driving innovation in digital finance. Ongoing upgrades keep Ethereum at the forefront of the decentralized future.

Bitcoin (BTC) is the first decentralized digital currency, enabling peer-to-peer transactions without banks. Launched in 2009, it relies on blockchain technology for transparency and security, with a limited supply of 21 million coins.

Stablecoins are digital currencies pegged to assets like fiat currencies or commodities, designed to maintain a stable value. By using blockchain technology, they offer the security and speed of cryptocurrencies while minimizing volatility. They're key for connecting traditional and digital economies.

Blockchain is a secure, decentralized ledger technology that records transactions transparently without a central authority. Originally developed for cryptocurrencies, it’s now revolutionizing industries like healthcare, finance, and supply chain by enhancing trust and security.

Cryptocurrency is a digital currency powered by blockchain technology, enabling secure, decentralized transactions without a central authority. It uses cryptography for security and relies on miners to validate transfers.