Published 3 months ago
What Is Coin Burning?Coin burning is the process of reducing the number of cryptocurrency tokens in circulation. This is done by moving tokens to an unspendable wallet address, known as a burn address, where they can no longer be accessed or used. Some reasons for burning coins include: Con...
Published 3 months ago
What Is Fiat CurrencyFiat currency is money that has value because a government declares it as legal tender. Its value comes from trust in the government that issues it and in the economic system that supports it. A central government controls how much of it is printed and circulated. ...
Published a year ago
What Is Decentralized Autonomous Organization (DAO)?A Decentralized Autonomous Organization (DAO) is a type of organization structure that has no central figureheads or management. It relies on some form of distributed structure to make decisions or perform activities. This type of organization is prevalent in the crypto and blockchain wor...
Published a year ago
What Is Airdropping In Crypto?Airdropping is the act of sending out cryptocurrency tokens or coins to random wallet addresses . This can be a way to reward existing holders or users of the ...
Published a year ago
What Is A Blockchain Agreement Ledger?An agreement ledger in blockchain terms is the use of blockchain technology to capture and record an agreement (consensus) between parties. Most of the time, blockchains are used to capture financial data. The immutable and highly corruption-resistant nature of blockchain technology, howev...
Published a year ago
What Is A Card Not Present (CNP) Transaction?A Card Not Present (CNP) transaction is a card payment where the physical card is not used to conduct the payment. Providing the card details during an online transaction. Providing the card details over the phone to place an order. These types of transaction...