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Crypto Basics
BitcoinBitcoin’s market cap reaches $1 trillion
Bitcoin’s market capitalisation — price multiplied by coins in circulation — was reported above $1 trillion for the first time in February 2021.EasyCryptoGuides · · 1 min read
CompaniesTesla’s bitcoin buy was a treasury choice, not a protocol event
An electric-car maker put idle cash into an alternative reserve asset named in an SEC filing. Bitcoin’s issuance did not change. A later tweet about the till is a different week.EasyCryptoGuides · · 1 min read
Crypto BasicsWhat is Lido (LDO)?
LDO went live on 5 January 2021, with 1 billion minted. You deposit ETH and receive stETH, a receipt that can grow as rewards are credited. LDO votes on the protocol. It is not the deposit.EasyCryptoGuides · · 2 min read
AltcoinsCoinbase to suspend XRP trading
Coinbase said XRP trading would be limited then suspended in January 2021, while deposits and withdrawals to XRP wallets would continue.EasyCryptoGuides · · 1 min read
Crypto BasicsWhat is 1inch (1INCH)?
1INCH was released on 25 December 2020, with 1.5 billion minted and about 6 percent circulating. The mint function was burned on 6 April 2022. The token votes. It is not the coin a swap is trading, unless you chose it.EasyCryptoGuides · · 1 min read
SecurityLedger’s shop dump was a mailing list, not the device
A million emails, plus a large slice of postal details. Hardware wallets stayed intact. Phishing and, later, worse mail, used the list. Cold storage does not encrypt the invoice.EasyCryptoGuides · · 1 min read
Crypto BasicsWhat is The Graph (GRT)?
The Graph’s marketplace opened on 17 December 2020. Indexers stake GRT to answer queries about other chains. Curators signal which datasets are worth serving. A query fee is not a dividend of GRT.EasyCryptoGuides · · 2 min read
TechnologyThe Beacon Chain starts Ethereum’s proof-of-stake path. It is not the Merge.
A consensus chain is live beside the chain you actually use. 32 ETH deposits are locked. Withdrawals and the join with mainnet are later upgrades, not this morning.EasyCryptoGuides · · 1 min read
Crypto BasicsWhat is Golem (GLM)?
Golem raised an Ethereum sale in 2016. The token, GNT, was not an ERC-20. On 19 November 2020 a one-for-one migration to GLM opened. It has no deadline the project has set. The two together cannot exceed 1 billion.EasyCryptoGuides · · 1 min read
Crypto BasicsWhat is Bitcoin SV (BSV)?
Bitcoin SV left Bitcoin Cash on 15 November 2018. The last block the two chains share is 556,766. The cap and the halving clock were inherited. The ledger was not.EasyCryptoGuides · · 2 min read
Crypto Basics