Cryptocurrency types
Upstart blockchains are trying to take over Ethereum by offering faster, cheaper transactions. These include Solana, Cardano, Celo, Avalanche, and Flow, and some have already proven to have a significant market share in specific uses. However, the Ethereum ecosystem still has its advantages, including its large number of developers, large ecosystem of technology products and…
Read More “The Cardano, Ethereum, and Dogecoin Alternatives” »
You may be wondering how the Bitcoin vs Ethereum mining process differs from each other. First, let’s take a look at the Proof-of-Stake consensus algorithm. This is the most important aspect to remember when mining a cryptocurrency. It helps you to understand the layers of scaling that are used to create the network. Cryptocurrency mining…
There are a variety of ways to measure cryptocurrency popularity, but one of the most common is market capitalization, or how much money a coin is worth based on its current price. The market cap is calculated by multiplying the price of a coin by the number of coins in circulation. Litecoin If you’re interested…
Bitcoin and Ethereum are both digital currencies, but they operate on different platforms. While Bitcoin is a currency, Ethereum is a software platform with its own digital currency called Ether. It was launched in 2015 and enables the creation of Distributed Applications and Smart Contracts. Proof of Work Ethereum is similar to Bitcoin in many…
It is hardly possible to discuss cryptocurrency trading or investing in Nigeria today without making mention of Binance coin (BNB) and its ecosystem. Binance Coin (BNB) has been registered as one of the most profitable investments of the cryptocurrency market in the last couple of years with over 450,000% returns. Only a few other tokens…
A Crypto Juggernaut in the Blockchain Industry Cryptocurrency has been a major driving force in the blockchain industry – and as the year goes by, more and more cryptocurrencies are going to be introduced into the marketplace. Thereby, making the use of physical cash become history as they are slowly wiping away in exchange, and…
THE CLEAR INTRODUCTION TO THE FIRST STABLE COIN (USDT) IN CRYPTOCURRENCY INTRODUCTION You have probably heard of bitcoin and other cryptocurrency assets. You have been informed from different angles about the controversies surrounding digital trading, the gains, the loss, and the inevitable risk people encounter constantly in Nigeria. Wherever you are today in Nigeria, you…
Bitcoin has recently gained popularity in Nigeria, but many Nigerians are still not completely sure what it is. With the recent news that Bitcoin has surpassed 40,000, there has been increased interest in cryptocurrency. What we want to do is explain to Nigerians, as simply as possible, what Bitcoin is and why it was created….
