The Crypto Enthusiast Blog Intro
The Crypto Enthusiast Blog Intro

The Crypto Enthusiast Blog Intro

I am one of the few believers of cryptocurrencies and the technology behind it. It is one of the revolutionary innovations of digitalization that’s aimed to facilitate financial transactions over the internet without compromising on security and privacy of its customers. I will be sharing and reposting some of my beginner's guide crypto posts here. Enjoy!


What is Litecoin (LTC)? — 'Near-Zero Payment Cost' — Beginner's Guide

22 Dec 2019 5 minute read 3 comments cryptomagis

Litecoin is a clone of Bitcoin, with minor technical differences which contribute to its underlying value proposition. Published as open-source in October 2011 by a former Google engineer (Charlie Lee), the system quickly took up pace with a market c...

What is Stellar (XLM)? — 'A System to Pay Attention To' — Beginner's Guide

19 Dec 2019 5 minute read 9 comments cryptomagis

Following a steady rise in adoption & usage, Stellar (with its currency lumens) has been noted by many as 'one to watch' in the world of cryptocurrencies. Unlike many other 'crypto' systems, this has been designed by a very influential group, includi...

What is Ripple (XRP)? — 'The Goliath that Never Was' — Beginner's Guide

11 Dec 2019 6 minute read 5 comments cryptomagis

The Ripple cryptocurrency is the third most valuable crypto coin by market capitalization, at the time of writing. Ripple is different to a number of the other coins in that it’s focused on building out an infrastructure layer for financial instituti...

What is Ethereum (ETH)? — 'Smart Way to do Business' — Beginner's Guide

10 Dec 2019 7 minute read 9 comments cryptomagis

Ethereum was one of the first cryptocurrencies to be released (4 years after Bitcoin). Unlike most other “coins”, Ethereum was established under the premise of bringing the idea of smart contracts to the world. Smart contracts are financial commitmen...

What is Bitcoin (BTC)? — The Origins, Rise and Potential Future for the Original Cryptocurrency — Beginner's Guide

8 Dec 2019 6 minute read 3 comments cryptomagis

With the majority of focus surrounding the crypto market focused squarely on Bitcoin, it’s no surprise that its price has exploded to over $19,000 and has a market cap nearing $200bn at the time of writing. As the most traded cryptocurrency by both v...