A special type of PoS reward wallet comes in the form of that which is a masternode. These are wallets that have a locked balance in the form of…
Category: Network
PoW
PoW (Proof of Work) is the original decentralized consensus algorithm and method with blockchain network cryptocurrency networks, the first coin to utilise this was BTC (Bitcoin) and PoW is…
PoS
PoS (Proof of Stake) is a mechanism where cryptocurrency users can store their assets and receive rewards for hodling coins on the network in a Staking wallet, normally a…
Mining
There are many layers to any cryptocurrency blockchain, one of these layers (if supported*) and a very important one is mining using special software and expensive hardware. *Some cryptocurrencies…
Blockchain
One of the biggest words in recent times is “blockchain”, we hear it a lot both in written media and as well on websites and services offering digital services…
Satoshi Nakamoto, the father of Bitcoin
Bitcoin was the first cryptocurrency and came about in 2009 and was released to the world by Satoshi Nakamoto; this probable pseudonym is possibly one very clever person, a…