ChangeNOW Crypto Blog

ChangeNOW Crypto Blog

Сrypto news, articles, guides, reviews, price predictions and more


Why Does Cryptocurrency Need To Be Decentralized?

12 Nov 2021 4 minute read 1 comment ChangeNOW

Decentralization means that in a given computer system all operations are carried out by a distributed network of nodes rather than a centralized server. There is no single computer that controls this network — control is shared equally by all partic...

Consensus Algorithms: How to Balance Efficiency with Decentralization?

12 Nov 2021 6 minute read 1 comment ChangeNOW

In traditional accounting, there are ledgers where all transactions are written. The ledger is stored in one centralized server, and there is only one authorized entity that can update it. This organization has to be transparent and trusted if it wan...

A Guide to Bitcoin: History, Principles of Work, Legal Status, and Concerns

10 Nov 2021 8 minute read 0 comments ChangeNOW

Bitcoin is the first cryptocurrency founded in 2009. It runs on a blockchain, being the first real-life implementation of this technology. The killer feature of Bitcoin is its decentralization — cryptocurrency is digital money that no single party li...

4 Main Yield Farming Risks, And Ways To Avoid Them

10 Nov 2021 3 minute read 1 comment ChangeNOW

Yield farming is a strategy in which users allocate their funds in a DeFi protocol and get some extra tokens as a reward. The first platform to introduce yield farming was Compound, and after DeFi skyrocketed in 2020, the strategy remains popular to...

5 Best THETA Wallets In 2021

7 Nov 2021 4 minute read 0 comments ChangeNOW

Theta is a blockchain-based streaming service and its native token, THETA. The latest developments in the project helped the token grow 3X since January, bringing it to the Top 30 cryptocurrencies list and making it one of the trending assets of 2021...

The Basics Of Crypto Mining

7 Nov 2021 7 minute read 4 comments ChangeNOW

Many newcomers in crypto think of mining as some sort of easy money: you buy a pair of chips, run the software, and get your 6.25 BTC every 10 minutes. Of course, in reality, things are more complicated. Today’s mining is like any other way of earnin...

How Does Blockchain Technology Work?

6 Nov 2021 7 minute read 0 comments ChangeNOW

On the internet, as we know it, all services are located on centralized servers and are fully controlled by the companies that own them. If you want to interact with a service or any unfamiliar users in its ecosystem, you need to make sure you trust...

How Are Crypto Transactions Confirmed?

6 Nov 2021 4 minute read 2 comments ChangeNOW

Knowing how your transaction is confirmed is the basis on which you can build your understanding of cryptocurrency. This is a technically difficult process, but you can grasp it without special terms — today, we will explain to you how it works. Let’...

How Long Does It Take to Swap Crypto? Is It Possible To Avoid Delays?

28 Oct 2021 4 minute read 0 comments ChangeNOW

Being aware of how long a crypto exchange takes is very helpful: thus you can know what to expect and worry less about your crypto swaps. Understanding a transaction’s pathway lets you know why exchanges are delayed, and you get more tools to set an...

Crypto Taxes In 2021: What Should You Know?

28 Oct 2021 6 minute read 8 comments ChangeNOW

You must have heard the proverb: there are only two certain things in life, death and taxes. But when it comes to cryptocurrency, many ask themselves a question: do I have to pay taxes on crypto? This depends on where you live, but most likely, the a...