With the rise of online payment methods like Apple Pay, and other methods of crypto payments, who carries cash anymore? That’s our current reality. We are truly shifting into a cashless community! When did this start to become the case?  After the NFT and crypto revolution, consumers started questioning traditional centralized payment methods, and more businesses started accepting cryptocurrencies.  Let’s dive in! Disadvantages of Traditional Banking Payment Methods You need to have a bank account in order to make a payment! Centralized entities (Banks) have access to your private a ..read more

NFTs have become increasingly popular, and people are rushing to get their hands on the most popular NFTs out there. NFTs are divided into collections which in turn are categorized based on their types and, of course, popularity. A collection’s popularity plays a huge role in how it sells out and the number of people interested in investing. People may as well get into the NFT game without even knowing what an NFT collection is. Or what is the whole function of creating a collection instead of selling each NFT individually? Let’s dig in.  NFT Collections Let’s dig right in. An NFT or Non ..read more

One of the most prevalent elements of blockchain technology is its immutability. Knowing that thousands of nodes verify each transaction before adding them forever to the digital ledger is tempting. However, blockchains are not that immutable. Transactions conducted on the blockchain are not final when confirmed, instead, they have a probability of being reversed. The assurance that transactions cannot be altered or reversed is known as blockchain finality.  So, what is blockchain finality? This article will explain the time-to-finality concept, its importance, and the risks of finality l ..read more

When understanding how crypto mining works, one can get confused when faced with the nonce. The blockchain nonce is the key to solving the mathematical puzzle in a proof-of-work network and therefore acts a major role in adding blocks to the blockchain. This arbitrary number is the glue that holds crypto mining. So, it’s crucial to understand what it is, how it works, and the need for it.  The Need for Blockchain Nonce Before we understand what a blockchain nonce is, we have to go over the process of crypto mining. In proof-of-work blockchains, such as Bitcoin, crypto mining is the proces ..read more

Public key cryptography is a method of encrypting and decrypting information using two mathematically interlinked keys. Even though linked, these keys are different where one, known as the “public key”, is accessible to everyone. And, the other, known as the “private key”, is strictly limited to its owner. Sending and receiving transactions across the blockchain is based on this set of cryptographic keys.  What Is A Cryptographic Key? A cryptographic key is a randomly generated sequence of bits used by a cryptographic algorithm to transform plain text into cipher text (encryption), and vi ..read more

You’ve been rugged is kinda synonymous with you’ve been punked. Except the difference here is it’s not that funny when your hard-earned money is swept. Especially when you willingly gave it away to the person scamming you. Sadly, that’s the comedic effect of a rugpull. You literally can’t do anything about it. Rugpulls are malicious scams that leave you second-guessing the reflection in your mirror. But don’t you worry, everyone falls victim as it’s the second most common type of security issue in web3. In this guide you’ll know every important thing there is about rugpulls in crypto and NFTs ..read more

Have you ever wondered what crypto trading pairs are and which ones should YOU use? If you wish to professionally trade on exchanges like Coinbase, Binance, and KuCoin, let me tell you all that you need to know! In order to make money from crypto (As everyone wishes), you must have a deep understanding of what role each cryptocurrency plays in the market. You can’t just haphazardly trade any random coin for the other and expect to make a handsome profit.  It doesn’t work like that…  Instead of wasting your assets on a dead-end street, you have to scour the market for the best strateg ..read more

One of the backbones of blockchain technology is the cryptographic technique of securing data which is the hash function. Getting into the depth of the blockchain, the new decentralized and distributed digital ledger can get confusing when one is faced with the hashing algorithm. The hashing function is the fundamental process on which crypto mining is built, and thus, understanding it is crucial when jumping into the world of Web3’s decentralization. Let’s see what blockchain hash is all about! What Is a Hash? Hash is a mathematical function that transforms an arbitrary length of data (input ..read more

Nowadays, NFTs have become common knowledge. Almost everyone with internet access knows what an NFT is if they don’t already own one that is. But many of you may not know that there are different types of NFTs. There are ten different types of NFTs, to be exact, and they all differ when it comes to their roles in the community. Each NFT type has its own characteristics and rewards. Let’s dig in.  NFTs NFTs, or Non-Fungible Tokens, are a type of digital asset that showcases one’s ownership or proof of authenticity of a unique asset or piece of content. Such as artwork, music, videos, colle ..read more

Blocks are the fundamental elements used in a blockchain network, for obvious reasons of course. The blockchain is exactly what it sounds like, a chain of blocks containing data. However, blocks of data can often sound vague and confusing, especially for newcomers. Let’s see exactly what is a block in a blockchain network, its anatomy, and its role in the mining process.  What Is a Blockchain? Briefly, a blockchain is a distributed database that operates on a peer-to-peer network. This decentralized ledger records transactions and ownership of assets based on cryptography encryptions to e ..read more