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What is mining (cryptocurrency)?

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Cryptocurrency mining includes two functions, namely: adding transactions to the blockchain (securing and verifying) and also releasing new currency. Individual blocks added by miners should contain a proof-of-work, or PoW. Mining needs a computer and a special program, which helps miners compete with their peers in solving complicated mathematical problems. This would need huge computer […]

What is the blockchain? How does the blockchain work?

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A blockchain is the structure of data that represents a financial ledger entry, or a record of a transaction. Each transaction is digitally signed to ensure its authenticity and that nobody tampers with it, so the ledger itself and the transactions inside are assumed to be of high integrity. The real magic comes, however, from […]

What is Market Depth Chart? An explanation for Crypto traders.

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As more technology people, rather than traditional traders entering cryptocurrencies, more concepts on trading requires a revisit and explained in man terminology to get familiar. Though charts are not fresh in our day to day life, few of them are specifically helpful while trading. If you have opted to enter the world of cryptocurrency, these […]