See Also
ELI5: How can I buy Bitcoin?
There are many options when it comes to buying Bitcoin. You can buy it directly from friends, on what’s generally known as over the counter (OTC) trade. Or you can buy BTC from exchanges. Coinbase For US customers, the most popular option seems to be Coinbase. This is America’s largest Bitcon broker and perhaps the […]
Proof of Location (PoL) Summary [Cryptocurrency consensus mechanisms]
In a Proof of Location consensus algorithm, users’ geospatial coordinates are accounted for as proof of value. This kind of algorithm is usually employed in cryptocurrency geomining systems. In a geomining application, users earn rewards for being at a certain place at a certain time. If, for example, a company wished to gather participants for […]
The 34 most profitable Proof of Stake (PoS) coins for 2021
In this article we take a look at several Proof of Stake (PoS) coins for investors building passive income streams. With the DeFi craze causing extremely high Ethereum fees, more and more investors look to PoS instead. Before You StartIf you’re not familiar with Proof of Work, Proof of Stake and cryptocurrency mining/staking, then please […]
Proof of Trust (PoT) Summary [Cryptocurrency consensus mechanisms]
In a Proof of Trust system, users in a network gain trust as they participate in special activities within the network. If a user tries to defraud the system, the trust is lost and they lose an equivalent amount in value (the cryptocurrency or token employed). In a Proof of Trust system, “trust” is staked […]