by Martin | Feb 11, 2025 | Basic information, Crypto, Cryptocurrencies
Tether (USDT) is a cryptocurrency known as a “stablecoin,” designed to maintain a stable value pegged to the US dollar at a 1:1 ratio. This means that each issued USDT is supposed to be backed by reserves equivalent to one US dollar. Tether was launched in...
by Martin | Dec 2, 2024 | Basic information, Crypto, Cryptocurrencies
The idea of creating a cryptocurrency—a digital currency using cryptography to ensure transaction security—has its roots in several key concepts and technologies developed since the 1980s. Fantastic winnings, security, and complete anonymity when betting at crypto...
by Martin | Jun 20, 2024 | Crypto, Cryptocurrencies
The cryptocurrency NEO is often nicknamed the “Chinese Ethereum.” Like Ethereum, NEO is also a fully decentralized network with open-source code. NEO is a cryptocurrency and application platform based on blockchain technology, which enables the operation...
by Martin | Jun 20, 2024 | Crypto, Cryptocurrencies
Ripple refers to the digital currency (XRP) and the global payment network in which this currency is used. The Ripple network was created in 2012 with the goal of freeing internet payments from exchange fees, transaction processing costs, and significant delays...
by Martin | Jun 20, 2024 | Crypto, Cryptocurrencies
Litecoin is an alternative digital currency and a decentralized P2P payment network that is based on Bitcoin technology. To achieve decentralized consensus about its state, Litecoin uses proof-of-work with the memory-intensive hashing function scrypt. The abbreviation...
by Martin | Jun 20, 2024 | Crypto, Cryptocurrencies
Ethereum is a cryptocurrency (ETH). Ethereum is a decentralized blockchain with smart contract functionality. Ether (Abbreviation: ETH) is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capitalization. It...