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What is a Memo in Cryptocurrency? 3-Minute Explanation

Blockchain technology has made it possible to create many payment systems. The first of them was the Bitcoin network. All participants of the system have a cryptocurrency wallet. To transfer BTC coins to it, it is necessary to specify an address. Memo in cryptocurrency is used by some other blockchains in certain cases. It is […]

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What is cryptocurrency forging and How does it work?

The issue of coins depends on the rules set by the developers of the project. Coins can be issued all at once (full volume) or come into circulation gradually. In the second case, the generation of new coins depends on the consensus protocol. Obtaining coins in the system based on the Proof-of-Coin algorithm. This method […]

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Asset Tokenization

Why and How to Perform Asset Tokenization?

These are tokens whose price is linked to the value of underlying assets: securities, commodities, derivatives, real estate, or art. Trading in tokenized and traditional assets produces the same financial result: if the share price of BABA (Alibaba Group) increases by $2, the value of tokenized BABA.cx shares will increase by the same amount. In […]

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Bitcoin vs Ethereum

How is an Ethereum different from Bitcoin?

What is Bitcoin Bitcoin was the first digital currency that successfully created a way to transfer value between two different people in different locations around the world. In fact, it is where it all began. A certain Satoshi Nakamoto (one person or group) created a digital and time-ordered registry (blockchain) to record every bitcoin transaction. […]

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Bitcoin

What is the main purpose of Bitcoin? How to convert Bitcoin To Cash?

Bitcoin is the first and most popular cryptocurrency in the world today. It was developed by a person or a group of people named Satoshi Nakamoto. It is not known for certain when the development of Bitcoin cryptocurrency began. Bitcoin creator Nakamoto worked on the project until 2008, and in 2009, the cryptocurrency Bitcoin, presented […]

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