Blog

Apr 20, 2020
Proof of Work Explained: Pros and Cons of PoW

Consensus algorithms are an inherent part of all blockchain-based technologies as there is no authority unit supposed to validate the network's transactions. Consensus algorithms are here to provide the decentralized trouble proof functioning of the network. We can't underestimate the significance of...

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Apr 20, 2020
What Is Decentralization - Advantages of Decentralized Systems

Cryptocurrencies have come into our world accompanied by several pivotal notions and decentralization is one of them. This term is not new. What is better for us, decentralization or centralization? For centuries this political discussion has been a hot topic. This question is associated with the core...

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Apr 20, 2020
Bitfinex Shareholder: Tether to Issue a Yuan-Pegged Stablecoin

According to prominent OTC trader and Bitfinex shareholder Zhao Dong, Tether plans to launch a new renminbi-pegged currency. The new currency (CNHT) will be backed by Chinese yuans kept offshore. Dong has also stated that the new currency will be issued "in the near future" and the first investor in...

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Apr 20, 2020
6 Things You Shouldn’t Do When You Trade Crypto In 2020

Cryptocurrency made headlines in late 2017, at this point, many people got involved in asset trading for the first time in their lives buying bitcoins. At the very same time, all of them did their first quite common mistake – they bought Bitcoin for the incredibly high price. Cryptocurrencies have paved...

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Apr 20, 2020
5 Things To Consider When Choosing An Altcoin For Investment in 2020

Two years ago, in 2017, people invested in cryptocurrency and ICO so enthusiastically that it didn’t bother them much what exactly they were paying for. The market was growing, the prices were on the rise, and it looked like all of it would last forever. Well, for the most of altcoins and Initial Coin...

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Apr 20, 2020
Pros and Cons of Decentralized Exchanges: Why DEXs Are Barely Used?

So many people speak of how good decentralized exchanges are, and so few actually use them. By some accounts, as of January of 2019, the trade volume of decentralized exchanges reached only 0.25% of the combined trading volume of all crypto exchanges. At the same time, if you are no stranger to Reddit...

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