Sirwin
Sirwin

The begginig

By Rafa3003 | A jump to | 23 Dec 2021


Sometimes we hear a word we hear phrases but we don't know what they mean or what are they are used for  some times is just better to follow the trend and continue but if the doubt exist here is this blog for in the crypto world is very important to understand some of this phrases letters and terms the community uses because is extremely easy to get lost in many of this things 

how many times you have read or heard the ATH from a coin is 3 dollars ATH stand for all-time high is the time when the coin or token reached the maximum price interesting many people doesn't know the difference between token and coin lets settle this is quite hard to  understand for some people but a coin is the one that is launched with the blockchain this means that Bitcoin, Etherum, Cardano, Matic/Polygon and Binance coin have a blockchain where there are smart contracts this are the tokens, they are very important in the ecosystems of the coins in most of the cases these have a use like storage in the blockchain some have a finance purpose other have gambling or gaming some of them run by the etherum chain  others polygon  or even tron depend on many things lake capability of the chain TPS this means transactions per second normally faster is better the fastest actually is Solana and have a very low fee etherum is slower and with a very high gas fee is very problematic but they are doing important things to lower it down 

Exchanges the place where you buy there re many exchanges lake Binance, FTX, Kucoin, Kraken, Crypto.com, Gemini and a lot of different personally I use Binance and Crypto.com those are easy to use have the earn  I tried FTX, and  I have some problems with it like the app doesn't work 

Thats an 101 on crypto 

 

 

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Rafa3003
Rafa3003

Time is the biggest partner you have all-time gain interest let the world work for you #HODL


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A jump to

The aim of this blog is to take a deep look at some new and old crypto to establish the fundamental why is it good or bad. This is not financial advice is an opinion passed through many filters

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