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BIP, BPI, EIP, ERC20 – what do they mean?

Welcome to Crypto Jargon, the series where I break down the complex terms used in reference to cryptocurrencies and blockchain tech. In this article of Crypto Jargon, we take a closer look at the terms: BIP BPI EIP ERC20 Starting with BIP which stands for Bitcoin Improvement Proposal. A document outlining technical specifications on how … Continue reading BIP, BPI, EIP, ERC20 – what do they mean?

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POA, POB, POC, POD, POE, POI, POP, POS, POW, POST, dPoW, dPoS Explained

Welcome to another article from these series called "Crypto Jargon". This article is about the following types of digital proofs in relation to blockchain technology and cryptocurrencies. POA POB POC POD POE POI POP POS POW POST dPOW dPOS I will begin with the most commonly used ones, so I will not follow alphabetical order. … Continue reading POA, POB, POC, POD, POE, POI, POP, POS, POW, POST, dPoW, dPoS Explained

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FUD, FOMO, JOMO, SHILL & TROLL – what do these mean?

Welcome to another post from my short series “Crypto Jargon”. In these series, I break down the complex terminology we use in reference to cryptocurrencies and blockchain technology. In this article of Crypto Jargon, we break down the terms: FUD FOMO JOMO SHILL TROLL You've probably seen FOMO and FUD a lot lately as these … Continue reading FUD, FOMO, JOMO, SHILL & TROLL – what do these mean?

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Segwit, Lightning Network, Big-Blockers Vs Small-Blockers – what do these mean?

Welcome to Crypto Jargon. In this article, I am breaking down terms related to scaling and in particular, the scaling issues of Bitcoin like Segwit and Lightning Network so stay tuned, time to get started. First, let me explain what do we mean when we talk about scaling? This is referring to : increasing the capacity … Continue reading Segwit, Lightning Network, Big-Blockers Vs Small-Blockers – what do these mean?

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Top Facts about Bitcoin on its 11th Anniversary.

It's 31 October 2019 and today marks exactly 11 years since the release of Bitcoin's whitepaper by Satoshi Nakamoto. On this day in 2008 the first cryptocurrency was conceived and it created a monumental shift in the way we perceive the future of money and provided a revolutionary new direction for resisting censorship from the … Continue reading Top Facts about Bitcoin on its 11th Anniversary.

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Fiat Money, Commodity Money, Double Spend, Byzantine Fault Tolerance Explained

Welcome to another edition of my short series “Crypto Jargon”. In these series, I break down the complex terminology we use in reference to cryptocurrencies and blockchain technology. In this article, I am going to explain the difference between Fiat Currencies and Blockchain-based Currencies. As well as, what is censorship resistance, double spend and Byzantine … Continue reading Fiat Money, Commodity Money, Double Spend, Byzantine Fault Tolerance Explained

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Genesis Block, Block Size, Block Height, Block Time, Block Reward, Block Timestamp Explained

Welcome to Crypto Jargon. In this article we look at the following terms: BLOCK BLOCK SIZE BLOCK HEIGHT BLOCK TIME BLOCK TIMESTAMP BLOCK REWARD. So, let's start with what is a Block. Simply put, this is a file with digital data, predominantly the most recent transactions of a cryptocurrency. As new blocks are created and … Continue reading Genesis Block, Block Size, Block Height, Block Time, Block Reward, Block Timestamp Explained

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Atomic Swaps, DEX, OTC, Limit Order, Stop-Loss, Fill-or-Kill, Margin Trading & Wash Trading Explained

Welcome to another edition of my short series "Crypto Jargon" In this article I will break down the following terms: Wash trading OTC Limit order Fill or Kill order Stop order Margin trading Atomic swaps DEX I'm going to start with OTC which is an acronym for Over-the-counter, which is a term for Off-Exchange Trading. … Continue reading Atomic Swaps, DEX, OTC, Limit Order, Stop-Loss, Fill-or-Kill, Margin Trading & Wash Trading Explained

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ALT, ANN, TX, COIN vs TOKEN, AIRDROP, BOUNTY Explained

In this post I'm going to break down the following terms: ALT(COIN) TOKEN Vs COIN AIRDROP BOUNTY ANN TX. Starting with ALT which is short for Altcoin, which is short for Alternative coin. This is any cryptocurrency that is not Bitcoin - since Bitcoin was the first cryptocurrency of its kind, any cryptocurrency that is … Continue reading ALT, ANN, TX, COIN vs TOKEN, AIRDROP, BOUNTY Explained

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What is BFA, Keylogging, Phishing, Trojan, DDOS & CryptoJacking?

Welcome to another Crypto Jargon post.  The series where I break down the complex terms that we use in reference to blockchain tech and cryptocurrencies. Today I look at the terms: BFA Keylogging Phishing Trojan DDOS Cryptojacking What all of these have in common is that they are all forms of cyber-attacks. Hacking in one … Continue reading What is BFA, Keylogging, Phishing, Trojan, DDOS & CryptoJacking?

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Bitcoin Paper Wallet – what is it and how to create one

A paper wallet is one of the most secure ways to store your Bitcoin and it's simply a piece of paper that contains a Bitcoin (BTC) address and its corresponding private key. In addition, a paper wallet often includes QR codes and with the tool I use to generate these, there's an additional security option to encrypt your … Continue reading Bitcoin Paper Wallet – what is it and how to create one

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What is Revolut and how it will save you money on your travels

In case you are not aware about Revolut - this is an online bank that operates just like the any regular bank but without the high fees and unnecessary charges. I have mentioned Revolut in previous posts here on this blog but mainly in connection to their Bitcoin and Ethereum buy/sell option on their phone app. … Continue reading What is Revolut and how it will save you money on your travels

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Ledger Nano X unboxing + complete set up guide (tutorial)

Ledger Nano are the most popular wallet device series to date. Their “S” model which was released in 2016 was the first hardware wallet that sold over 1 million units worldwide and now they come up with an upgraded version, the Nano X model which has some very cool improvements. It’s truly a One-Fits-All type … Continue reading Ledger Nano X unboxing + complete set up guide (tutorial)