Your Guide to Cryptocurrency and Blockchain
CryptoGuide is an online web guide written specifically for your learning needs on everything related to cryptocurrency and blockchain:
1. What is cryptocurrency?
2. What is blockchain? What is smart contract?
3. Is it safe to invest in cryptocurrency and blockchain?
4. Best practices for cryptocurrency investment
5. Common concerns of cryptocurrency investors
6. Cryptocurrency exchange, wallet and mining guide
7. How to start trading cryptocurrencies?
8. Types of blockchain consensus protocols
9. Cryptocurrency news
10. Top 12 cryptocurrencies
11. Decentralized applications, social media and games guide
1. What is Cryptocurrency?
Cryptocurrency is a secure digital virtual coin/cash that can be owned and used as an online asset by individuals, private groups or even the global community to trade for services or goods. Cryptocurrency uses encryption technology and blockchain as ledger to secure, validate transactions, and regulate new creation of units. This virtual currency is reported to be very difficult or near impossible to be reproduced as counterfeits. [ Read Complete Cryptocurrency Guide ]
2. What are Blockchain and Smart Contracts?
A blockchain is a digitized, decentralized, public ledger of all digital transactions, which are linked and secured using cryptography.
Newest transactions are recorded and added in chronological order, it allows market participants to keep track of digital transactions including cryptocurrency transfer securely without central record keeping and interference.
[ Read Complete Blockchain & Smart Contract Guide ]
3. How do Cryptocurrencies work with Blockchain?
Cryptocurrencies are assets that can be traded, but in order for participants to trade these assets, they need a blockchain which is a public ledger to eusure every cryptocurrency transaction will be transparent and permanent to prevent frauds eg. double spending. This means cryptocurrency transactions can be done securely on the blockchain without involving and paying a middle man or a centralized institution.
4. Types of Cryptocurrencies:
Centralized cryptocurrency is managed and controlled by a government or a company. These central authorities have the power to increase the value of the cryptocurrency or remove it. The centralized cryptocurrency has value only in the specific area under company or government boundaries. Example is when a shopper goes to a digital portal to buy stuff, he is rewarded with points for every items he bought at the digital mart. Those points are technically centralized cryptocurriencies. Ripple is an example of centralized cryptocurrency.
Decentralized cryptocurrency is not issued by any central authority, it exists on a blockchain and network that ensure peer to peer transaction records are transparent and permanent, hence rendering it theoretically immune to government interference or manipulation. Bitcoin Cash is an example of decentralized cryptocurrency.
5. Is it safe to invest in Cryptocurrency?
Understand if cryptocurrency is secure, know the pros and cons of cryptocurrency investment.
[ Read Cryptocurrency Security Guide ]
6. Cryptocurrency Investment Concerns of Investors:
Understand the key concerns of investors on cryptocurrency investments, learn the recommendations on how to manage these concerns.
[ Read Cryptocurrency Investment Concerns ]
7. How can a beginner start trading Cryptocurrency?
Learn how to purchase cryptocurrency with fiat money and begin trading with other cryptocurrency traders.
[ Read Cryptocurrency Trading Beginner Guide ]
8. What is a Cryptocurrency wallet?
Understand what is a cryptocurrency wallet, why do you need it, how to select a cryptocurrency wallet, how to use it and types of
cryptocurrency wallets available for the global blockchain users.
[ Read Cryptocurrency Wallet Guide ]
9. Cryptocurrency Exchange Guide
Read recommendations of trading cryptocurrency on a cryptocurrency exchange.
[ Read Cryptocurrency Exchange Guide ]
10. How to Trade on a Cryptocurrency Exchange?
Learn the steps on how to trade on a cryptocurrency exchange with instructions and screenshots
to guide you.
[ Read Cryptocurrency Exchange Trading Guide ]
11. Binance Cryptocurrency Exchange Guide
Learn about the history of Binance cryptocurrency exchange, along with its
goals and available blockchain services.
[ Read Binance Cryptocurrency Exchange Guide ]
12. What are Decentralized Applications (DApps)?
Understand what are Decentralized Applications (DApps) and how they function.
[ Read Decentralized Applications Guide ]
13. Top 12 Cryptocurrency Coins Guide
Top 12 Cryptocurrency coins guide - Bitcoin, Ethereum, Ripple, Tron, EOS, etc.
[ Read Top 12 Cryptocurrency Coins Guide ]
14. Cryptocurrency Mining Guide
Learn what is Cryptocurrency mining and if you can make a living with it.
[ Read Cryptocurrency Mining Guide ]