EDDYMENS

Published a year ago

What Is A Genesis Block?

A genesis block is very similar to your first commit when you view your commit logs using . It is the very first block in a blockchain . Transactions and data are stored o...

Published a year ago

What Is A Crypto Address/addy?

Simply put, a crypto address is like your bank account number, and just like a bank account number, it makes it possible for someone to send cryptocurrency to you. A crypto wallet address is typically made up of a string of letters and numbers, for example: Each cryptocu...

Published a year ago

What Is The Byzantine Generals Problem?

The Byzantine Generals Problem is a problem that revolves around trusting information that is difficult to verify. I'll tell you the story in a slightly different way, one that makes the solution easier to understand. Imagine there are five generals, each commanding an army that on...

Published a year ago

What Is Scrypt?

Scrypt is a memory-hard cryptographic algorithm used for secure key generation and proof-of-work mining, designed to make large-scale brute-force or ASIC-based attacks d...

Published a year ago

What Is A Trade Slippage?

Published a year ago

What Is A Coin In Crypto Terms?

In theory, cryptocurrency is a form of currency that plays the same function as fiat currency , meaning it is a medium of exchange for the purchase of goods and services. However, unlike tradi...