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Cryptocurrency - Explained like you are 5!


Market Cap - Explained like you are 5!

4 Apr 2021 1 minute read 0 comments Cryptonomist

Market Cap - short for Market Capitalization - is a term that refers to the total value of all of a particular cryptocurrency in existence. For example, let’s take a look at Bitcoin as of January 11th, 2021. There are 18,597,506 BTC in existence (FYI...

Ripple(XRP) - Explained Like You Are 5 Year Old!

23 Jan 2021 2 minute read 0 comments Cryptonomist

So you want me to explain ripple like you are a 5 year old? No problemo! Ripple is a privately owned company that describes itself as, “a technology company that provides the most efficient solutions to send money globally using the power of blockcha...

Stellar Lumens(XLM) - Explained Like You Are 5!

21 Jan 2021 1 minute read 0 comments Cryptonomist

Want me to explain Stellar Lumens(XLM) like you are a 5 years old? Here you go! Stellar Lumens (XLM) One of Ripple’s co-founders, Jed McCaleb, left Ripple to form Stellar on account of philosophical differences with regards to how the system should b...

Dogecoin - Explained like you are 5!

21 Jan 2021 1 minute read 1 comment Cryptonomist

  Dogecoin is a hard fork of Litecoin, which itself is a hard fork of Bitcoin. It was released on December 6th, 2013 by Billy Markus and Jackson Palmer. Functionally, it is virtually identical to Litecoin (and, by extension, Bitcoin), but it is much...