What is BUIDLing and 7 Ways to Contribute to the Crypto Ecosystem
Cryptocurrencies have gained a lot of attention in recent years, and much of the focus has been on their potential as investments. But there is far more to cryptocurrencies than just buying and selling them. Cryptocurrencies are part of an entirely new ecosystem which requires active participation from users if it’s going to thrive. This […]
Hash Rate and Bitcoin Mining: Everything You Need to Know
Hash rate is an important metric to consider when discussing Bitcoin mining. It is the measure of a miner’s computational power, and is used to determine the difficulty of mining a block. Put simply, the higher the hash rate, the more miners are competing for the same block and the harder it is to mine […]
Genesis Block in Blockchain: Candy Rewards
The Bitcoin genesis block is the first block in the blockchain and is the foundation of the cryptocurrency. It was created in 2009 when the Bitcoin network was first launched. The genesis block contains the first transaction ever made on the Bitcoin network and is the starting point for all subsequent transactions. The genesis block […]
BEP-2 Binance Chain Token Standard
BEP-2 is the native token standard of the Binance Chain, a blockchain developed by Binance. It is the base asset for all other tokens issued on the Binance Chain and is used to pay for transaction fees on the Binance DEX. BEP-2 tokens are stored in wallets on the Binance Chain, and users can transfer […]
Store of Value – Digital Assets – Bitcoin
Digital assets, such as Bitcoin, are becoming increasingly popular as a store of value. Bitcoin, in particular, is a decentralized digital asset that is revolutionizing the way people think about and use money. It has the potential to provide a safe and secure store of value with its low transaction costs, fast transactions, and global […]
IOU – The Crypto and Traditional Explanation
An IOU, or “I Owe You”, is a loan or credit agreement between two people or entities. It is a formal or informal acknowledgment of a debt owed. An IOU can be used in situations where a loan is necessary but traditional financing is not available or desired. The terms of the IOU can be […]
HAHA!!! Money Printer go BRRRRR…..
The Haha Money Printer Go BRRR meme has been gaining traction across the internet, particularly in the cryptocurrency space. It is a play on the traditional “Money Printer Go BRRR” meme which is often used to mock governments for printing money and devaluing their currencies. The Haha version of the meme is used to express […]
Do Your Own Research (DYOR): A Comprehensive Guide to Informed Investing
In the rapidly evolving world of cryptocurrencies, the phrase “Do Your Own Research” or DYOR has become a common piece of advice. It emphasizes the importance of personal due diligence before making investment decisions in the crypto space. This comprehensive guide will delve into the concept of DYOR, its importance, how to effectively conduct it, […]