Crytocurrency Coins, News, How-tos, and Education
Learn about the technical aspects of cryptocurrency.
Crytocurrency has been in use since 2009, when a developer (or multiple developers) with the pseudonym Satoshi Nakamoto launched Bitcoin. The surprising rise of bitcoin’s popularity over the decade after it was created has paved the way for thousands of other cryptocurrencies to be brought into existence.
As of 2023, there are around nearly 30,000 different types of cryptocurrencies in existence. Each of these cryptocurrencies is used primarily as a medium of value exchange, in many ways similar to how the US dollar and other forms of paper money are used. However, the digital only nature of cryptocurrencies gives them much more flexibility than paper currency issued by central governing authorities.
In this Cryptocurrency section of TheTechnologyvault.com, we will educate you on the various cryptocurrencies that are available as well as how to make use of the tools that are used with cryptocurrencies, including digital wallets (e.g. Lobstr), crypto market exchanges, and others that are used for managing cryptocurrency.
If you are new to how cryptocurrencies work, a good place to start is by watching intro to cryptocurrency video below, which provides some solid foundational context behind the purpose of cryptocurrency and how the various cryptocurrency coins are developed.
Cryptocurrency Knowledge Base
Cryptocurrencies on the Stellar Network
The Stellar network is a decentralized platform that allows for the creation and transfer of digital assets, including cryptocurrencies and tokens. In this article, we will take a closer look at some of the most popular crypto coins and tokens on the Stellar network. Here are some of the major benefits of the Stellar Network…
Crypto Utility Tokens
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 (or functions). In order for a cryptocurrency coin to be truly classified as a utility…
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. BNB was created by the Binance crypto exchange, specifically as a utility token with the…
Tether (USDT) Cryptocurrency
Launch Date October 6, 2014 (as RealCoin) Official Website https://tether.to/ Creator https://tether.to/ 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 trade fiat dollars for Tether and change Tether back into fiat dollars easily, without seeing…
Proof of Stake Consensus
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 ensure that new entries to the distributed ledger are legitimate. Proof of Stake is one…
Emin Gün Sirer (Cornell) – Avalanche Blockchain
This article is one of TheTechnologyVault.com’s documentation of those cryptocurrency industry influencers. Company: Ava Labs School: Cornell Blockchain: Avalanche Coin: AVAX Emin Gün Sirer is a professor of Computer Science at Cornell University, in addition to being a cryptocurrency entrepreneur. Together with two graduate students at the school, Sirer founded Ava Labs in 2018 and…