Any argument of the future of cryptocurrency must begin with an understanding of where the industry stands right now. This is due to three factors: the blockchain field is new, it moves quickly, and it interacts with other technology.
Learning about bitcoin (BTC) usually occurs in stages, and Learn Crypto follows this pattern in organizing our curriculum around the fundamentals of cryptocurrency.
The study of token economics is called tokenomics. It covers all elements of a cryptocurrency's creation, management, and sometimes removal from a network.
A blockchain is a given out database that is shared in between the nodes of a computer network.
A stablecoin is a class of cryptocurrencies that attempt to offer price stability and are backed by a reserve asset.
Ethereum is a decentralized blockchain network powered by the Ether token that allows users to make transactions, earn interest on their holdings through staking, use and store nonfungible tokens (NFTs), trade cryptocurrencies, play games, use social media and so much more.
If you're together with us and you’ve followed this section on the Basics of Crypto sequentially you’ll know that Bitcoin is a new form of internet money which is digitally scarce.
There are four main roles in the Bitcoin ecosystem. These aren’t mutually exclusive, and there can be overlap between two or more roles.
The target and gain of the inventor of Bitcoin will easily and possibly be regarded as important as the invention of the internet or personal computer. Not just as new form of money, but an entirely new way of thinking about money.
We’ll explore how Bitcoin achieves sound money in an entirely digital form, and with no one in charge.
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