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Crypto Basics

Guides about Crypto Basics, written in plain language.

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What is Aptos (APT)?

Aptos mainnet began on 12 October 2022. APT pays fees and is the stake. Investor locks finished in October 2026. An address that starts with 0x is not Ethereum and not Sui.EasyCryptoGuides · 19 Oct 2022 · 2 min read

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What is EthereumPoW (ETHW)?

Ethereum switched to proof of stake on 15 September 2022. EthereumPoW kept mining. The project set chain id 10001 for blocks after the split. An address looks the same. The chain does not. ETHW is not ETH.EasyCryptoGuides · 16 Sept 2022 · 1 min read

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What is WhiteBIT Coin (WBT)?

WBT is a token the WhiteBIT exchange issued in 2022. The supply is fixed at 400 million. Holding it on the exchange can cut fees. The exchange says it burns tokens out of revenue, and that it can change that schedule.EasyCryptoGuides · 12 Aug 2022 · 2 min read

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What is Euro Coin (EURC)?

Circle launched Euro Coin on Ethereum on 30 June 2022. The early ticker was EUROC. This page uses EURC. Circle says euros in bank accounts back it, and that customers it allows can redeem one for one. It is not USDC.EasyCryptoGuides · 1 Jul 2022 · 1 min read

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What is THORChain (RUNE)?

Native RUNE is the coin of a network that swaps assets on their own chains. Mainnet was announced in June 2022. The older Ethereum and BNB tokens were IOUs. A kill switch in July 2022 started retiring them.EasyCryptoGuides · 23 Jun 2022 · 2 min read

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What is Optimism (OP)?

OP became claimable on 31 May 2022. The initial supply was 2 to the 32nd, about 4.29 billion. OP votes. ETH pays the fee. A contract that exists on Ethereum does not exist here until it is deployed.EasyCryptoGuides · 1 Jun 2022 · 2 min read

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What is Terra Classic (LUNC)?

The Terra chain broke in May 2022. The old coin was renamed LUNC. A new chain launched on 28 May 2022 and kept the name LUNA. That coin is not LUNC. USTC is not a dollar.EasyCryptoGuides · 30 May 2022 · 1 min read

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What is USDD?

USDD entered circulation on 5 May 2022, pitched as an algorithmic dollar. In January 2025 a later version let users mint against collateral. The old token and the new one do not answer to the same contract.EasyCryptoGuides · 9 May 2022 · 2 min read

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What is Stargate (STG)?

Stargate’s auction was on 17 March 2022, and the launch note minted 1 billion STG. In 2025 holders approved a swap into ZRO. An October 2026 note said that conversion would stop on 15 December 2026.EasyCryptoGuides · 18 Mar 2022 · 1 min read

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What is Onyxcoin (XCN)?

A March 2022 listing called the supply about 68.9 billion XCN. In January 2023 the name became Onyxcoin and the ticker stayed. The token is not a share of Chain.EasyCryptoGuides · 16 Mar 2022 · 1 min read

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What is Olympus (OHM)?

Olympus DAO launched OHM in March 2021. The v2 migration opened on 15 December 2021. This page is that v2 token. Staked OHM can change balance without a transfer. Backing is a treasury, not a promise of one dollar.EasyCryptoGuides · 16 Dec 2021 · 1 min read

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What is Kaspa (KAS)?

Kaspa’s mainnet opened on 7 November 2021. Every coin was mined. Blocks are ordered with GHOSTDAG instead of a single chain. In May 2025 the network went from one block a second to ten, and the coins per second stayed the schedule.EasyCryptoGuides · 10 Nov 2021 · 2 min read

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