Latest Posts with crypto101 tag


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Cryptocurrency 101 for Users: Chapter 2 Entering The Space

19 Sep 2020 14 minute read 11 comments 0fajarpurnama0

Enter With a Wallet You may have been regularly following the news and you may have been diligently following the price. A funny story from a student of Ivan on Tech Academy, that student learned how to program smart contracts and other cryptocurren...

Cryptocurrency 101 for Users: Chapter 3 Connection to Current Banking System

27 Jun 2020 13 minute read 3 comments 0fajarpurnama0

Table of Contents Wide Adoption Have Not Started Crypto Debit and Credit Cards Fiat Digital Wallet Find other adoptions and leave a comment if you know more. Centralized/Custodial Exchanges Simple Indodax Guide Simple Coincheck Guide Wide Adopti...

Crypto 101: What does Proof of Stake mean?

17 Apr 2020 2 minute read 0 comments SylarHeisenberg

Consensus model for block chains. Members of the network are selected at random by weighted random selection, who are allowed to generate the next block. The Proof of Stake mechanism is a form of the so-called consensus mechanisms for achieving conse...

Crypto 101: Bitcoin Mining - What is it and how can I mine?

17 Apr 2020 5 minute read 0 comments SylarHeisenberg

In Bitcoin Mining, computers calculate new BTCs. What is Bitcoin Mining? Bitcoin Mining is a process in which computing power is made available for transaction processing, securing and synchronizing all users in the network. Mining is a kind of decen...

Crypto 101: What does Bitcoin Mining Difficulty mean?

16 Apr 2020 3 minute read 0 comments SylarHeisenberg

Dynamic adjustment of the computational effort required to produce a new Bitcoin block When we talk about Bitcoin Mining, sooner or later the term "Difficulty" comes up. It indicates how difficult it is to solve the proof-of-work puzzle. But how exac...

Crypto 101: What is the Bitcoin Halving?

16 Apr 2020 3 minute read 0 comments SylarHeisenberg

In the case of Bitcoin Halving, the supply of Bitcoin is cut in half. After halving, miners of the crypto-currency only receive half of the BTC for each successfully mined block. When is the Bitcoin Halving? Bitcoin Halving takes place every 210,000...