This article provides a basic introduction to the concept of cryptocurrencies. It first explains the shortcomings of the fiat currency system and explains why cryptocurrencies can prove to be a viable alternative.
Articles on Cryptocurrency
This article lists the advantages of cryptocurrency. It explains the main reasons behind the sudden surge in the popularity of cryptocurrencies.
This article explains the disadvantages of investing in cryptocurrencies. A list of disadvantages has been provided. The probable impact of each issue has also been detailed in this article.
This article explains why many traditional investors do not consider cryptocurrencies to be a good investment opportunity. It explains the top five reasons which make cryptocurrencies highly speculative instead of investments based on strong fundamentals.
This article reinforces the point that blockchain and cryptocurrencies are two different concepts. It explains how blockchain forms the foundation of cryptocurrencies. The blockchain mechanism as well as its importance to the existence of cryptocurrencies have been explained in this article.
This article makes an attempt to explain the concept of proof of work in simple language. It explains the concept of consensus mechanism and how it helps in eradicating the problem of double-spending and makes the cryptocurrency network more secure and reliable.
This article explains the concept of mining pools. It explains why mining pools are not only important but also the only mechanism which can be used by retail investors to participate in the mining process.
This article explains the concept of proof of stake. It also compares this mechanism to the proof of work mechanism. The differences between the two have been explained in detail in this article.
This article explains the concept of proof of importance. It explains how proof of stake had some significant shortcomings which were limiting the growth and acceptance of cryptocurrencies. It also explains how proof of importance has been designed to overcome its limitations.
This article explains the concept of cryptocurrency forks. It explains the basic reason behind these forks as well as the final outcomes which commonly occur as a result of these forks.
This article explains the concept of a soft fork. It tries to present a de-jargonized version of the soft fork concept. It also explains the financial impact of a soft fork on cryptocurrency investors.
This article explains the concept of hard forking. It explains why hard forking is necessary from time to time despite the fact that it causes severe disruptions. The differences between hard forks and soft forks have also been explained in this article.
This article explains the concept of centralized cryptocurrency exchanges. It explains what these exchanges are as well as how their function. Lastly, it also provides a detailed list of the pros and cons of using centralized cryptocurrency exchanges.
This article explains the concept of decentralized cryptocurrency exchanges. It provides a list of pros and cons of such exchanges. It also compares these pros and cons with centralized exchanges in order to give the users a better understanding.
This article explains the concept of smart contracts. It also explains the advantages of smart contracts. Finally, the applications of smart contracts which enhance the value of cryptocurrencies have also been explained in this article.
This article explains the concept of cryptocurrency wallets. It explains how these wallets are vital for cryptocurrency transactions. It also provides a list of the various types of wallets that are commonly used by cryptocurrency investors. This article is meant to help investors understand their requirements better and choose a cryptocurrency wallet that suits their needs.
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