We have prepared for you the 3 most commonly known falsehoods about cryptocurrencies that have become trending recently. FALSE : Cryptocurrency transactions are anonymous and difficult to track. TRUE: The perception that crypto currency transactions take place completely anonymously is one of the most well-known and fundamental misconceptions. In crypto transactions, your identity information is… Continue reading Common Misconceptions About Cryptocurrencies!
What is the coin burning process; “Coin Burning”, which is quite common in the crypto money system, means that a certain part of the crypto money in hand is permanently removed from circulation. This method, which is mostly implemented by the developers of the coin, some of the existing tokens are “burned”, that is, deliberately… Continue reading What is Coin Burning?
Bitcoin, and with it cryptocurrencies, undoubtedly began to change the understanding of modern finance. Many people talk about how secure and transparent Blockchain is. However, when it comes to storing bitcoins safely, the responsibility rests entirely with the user. Today, the most preferred solution of the masses to store their monetary assets is banks. Your… Continue reading Are My Bitcoins Safe?
In order to own Bitcoin, you can exchange fiat money with another Bitcoin owner and buy Bitcoin or sell goods or services in exchange for Bitcoin, or you can buy Bitcoin from one of the approximately 2000 Bitcoin exchanges on a global scale, which is an easier method. As you know, Bitcoin has no fixed… Continue reading Order Types in Bitcoin Exchanges!
With internet-based services and devices being accessible and widespread by the masses, many routines in our daily lives have become connected with our mobile devices. Today, it is possible to shop, transfer money, manage our financial portfolio and even trade cryptocurrencies from any place where we can connect to the internet with a mobile phone and… Continue reading What is Phishing?
The success and popularity of Bitocin has spurred the development of new cryptocurrencies. All of these cryptocurrencies are called “altcoins”, which means “Bitcoin Alternative”. While some altcoins were not traded and disappeared in a short time, others managed to survive. Although Bitcoin is still the most valuable and most popular cryptocurrency, there are various altcoins… Continue reading What is altcoin?
In the most basic sense, mining in cryptocurrencies is the production of crypto money by solving mathematical problems using electronic equipment. Each cryptocurrency can have a unique production method and protocol. Mining is based on computers and the Internet. When Bitcoin first came out in 2009, anyone with a computer and internet connection could be… Continue reading Mining in Cryptocurrencies!
What is Bitcoin? How did it come about?On October 31, 2008, an email was sent to the cyherpunk group. An article written in a purely academic format was attached to this e-mail sent by a user named Satoshi Nakamoto. In the content of the article, he was talking about the consensus network that implemented a… Continue reading Meet Bitcoin!
Ethereum Name Service (ENS) is a blockchain -based, distributed and extensible network naming protocol. The name of the token is ENS. 1.When and by whom was it founded?Ethereum Name Service was created on April 4, 2016 by engineer Nick Johnson, who worked as a developer at the Ethereum Foundation. It was released on May 4,… Continue reading What is Ethereum Name Service (ENS) in 6 points?
Clover Finance (CLV) is the Ethereum blockchain operating system. The token of the system is CLV. 1.When and by whom was it founded?The Clover Finance project was created in May 2020 by Viven Kirby, Norelle Ng and Burak Keçeli. It was put into service in July 2021. Infrastructure of CLVCLV runs on the Ethereum blockchain… Continue reading What is Clover Finance (CLV) in 6 points?