Simplify Crypto
Simplify Crypto

Simplify Crypto

Trying to help people to understand the crypto world from the basic concepts to the crypto projects purpose. My articles are publish in Publish0x and Hive


51% Attacks - Controlling Bitcoin

4 Sep 2020 4 minute read 2 comments Simplify Crypto

Bitcoin's consensus mechanism is theoretically vulnerable to attack by miners for dishonest or destructive purposes. As we have seen in other articles, the consensus depends on having a majority of miners interested in keeping the network working hon...

Bitcoin - the financial revolt

3 Sep 2020 4 minute read 0 comments Simplify Crypto

To understand where this world of cryptoactives came from and more specifically Bitcoin, we have to look back to the 2008 global financial crisis. After analyzing the facts, it is very difficult to dissociate these two events: the end of confidence i...

Centralized StableCoin Problem

2 Sep 2020 1 minute read 0 comments Simplify Crypto

Last month, we saw news related with USDC address black listed by Center and for to much people it was a suprise. For me this was not a suprise because we are talking about centralized coins so the company can do what they want to address like blackl...

Bitcoin Price monthly report (September)

1 Sep 2020 1 minute read 0 comments Simplify Crypto

This is the bitcoin price monthly report of September for 44 countries. Current price -> $11769,45 Analysing these figures, we can see that third world countries, such as Nigeria, South Africa and Brazil) have a high spread that ranges from 1,67% to...

What are the phases of Ethereum 2.0?

26 Aug 2020 4 minute read 2 comments Simplify Crypto

As we talked about in the last article, Ethereum, the second largest crypto, is preparing for a major change. The last step in making the largest general purpose blockchain capable of delivering on the original vision. Ethereum was created to be a “g...

Proof of Stake - the future of Ethereum

24 Aug 2020 4 minute read 0 comments Simplify Crypto

Ethereum, the second largest cryptographic company in the world, celebrated 5 years since the launch of its network on the 30th of July. You are now preparing for a very important change in the way it works. Change the consensus algorithm from Proof-...

Market fragility and American debt

19 Aug 2020 1 minute read 0 comments Simplify Crypto

FED keeps interest rates unchanged and the reaction after ePowell's speech shows fragility of the markets and dependence on stimuli to keep rising. As expected, the Federal Reserve kept the interest rate unchanged, between 0% and 0.25%, reporting tha...

What were the biggest Ponzi schemes in the history of cryptocurrencies?

18 Aug 2020 5 minute read 2 comments Simplify Crypto

According to a Chainalysis report, 2019 was the year with the most Ponzi schemes in the history of cryptocurrencies. These schemes took billions of dollars in cash from investors. According to the report, about $ 4.3 billion was lost to the hands of...

Decentralized Finance

17 Aug 2020 5 minute read 0 comments Simplify Crypto

To get started in this world of decentralized finance we need to understand some basic fundamentals about economics and traditional finance, such as the basic interest rates charged by central banks around the world, different financial instruments,...

Bitcoin Core - the Bitcoin code

16 Aug 2020 3 minute read 0 comments Simplify Crypto

Bitcoin is an open source project. Being a project of this type has a deeper meaning than simply being free. It means that this project is developed by an open community of volunteers. The original code, which is under a free license, can be download...