Category Cryptocurrency

Crypto Utility Tokens

Crypto Utility Tokens Blockchain

Cryptocurrency coins generally serve the purpose of being stores of value and mediums of exchange. Utility tokens in the cryptocurrency world have a unique purpose compared to other crypto coins. Utility tokens are designed to be used for specific purposes…

Binance Coin (BNB) Cryptocurrency

Binance Coin BNB Cryptocurrency

Launch Date July 2017 Creator Changpeng Zhao (or CZ) Consensus Mechanism Proof-of-Staked Authority (PoSA Binance Coin, abbreviated BNB, is the most popular crypto coins in circulation, with a market cap that is the 4th largest, behind only Bitcoin, Ethereum, Tether.…

Tether (USDT) Cryptocurrency

Launch Date October 6, 2014 (as RealCoin) Official Website Creator Consensus Mechanism Omni Layer within Bitcoin blockchain Tether is the world’s first stablecoin. It’s purpose is to allow investors to have liquidity within the crypto industry. Investors can…

Proof of Stake Consensus

Proof of Stake Consensus Cryptocurrency

Proof of Stake (PoS) consensus is a cryptocurrency validation mechanism that confirms the validity of transactions on a blockchain and facilitates the creation of new blocks to be added to the blockchain. With distributed blockchain technology, a need exists to…

Proof of Work Consensus

Proof of Work Consensus for Cryptocurrency

Proof of Work (or PoW) is a method used to verify that some computational work has been done as a way to filter out users attempting to participate in a network in a way that would be antagonistic. The concepts…

Ethereum (ETH)

Ethereum Cryptocurrency

Symbol: ETH Ledger Start: July 30, 2015 Programming Language: Solidity Official Website: Code Repository: Consensus Mechanism: Proof of Stake (upgraded from original Proof of Work used for Ethereum) Ethereum: “The World Computer” Ethereum Description Ethereum is a cryptocurrency…

Binance Cryptocurrency Exchange

Binance Cryptocurrency Exchange

Quick Facts about the Binance Exchange Website: Repository: Binance is a the largest (terms of daily trading volume) cryptocurrency exchange in the world. Binance facilitates trading of hundreds of cryptocurrencies on its exchange platform, except in areas where…