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165 articles tagged Beginners.

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Ripple, XRP, and RippleNet — three names, two kinds of thing

XRP can move without Ripple’s permission. Ripple the company still holds a lot of XRP and sells software. Those facts can be true at the same time.EasyCryptoGuides · 21 Apr 2020 · 3 min read

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What is Hedera (HBAR)?

Hedera uses hashgraph, and a council of organisations runs the nodes. HBAR pays the fees. Fifty billion were created at the start. An account number like 0.0.1234 is not an Ethereum address.EasyCryptoGuides · 20 Apr 2020 · 3 min read

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What is Bitcoin Cash (BCH)?

Bitcoin Cash left Bitcoin on 1 August 2017 so blocks could be larger. Holders of keys at that moment had a claim on both. Later splits made BSV and, eventually, eCash. The tickers are not flavours.EasyCryptoGuides · 19 Apr 2020 · 4 min read

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What is Litecoin (LTC)?

Litecoin is a proof-of-work chain Charlie Lee launched from Bitcoin’s code. LTC is the asset. Holding bitcoin did not give you any, and an ordinary send is still a public ledger.EasyCryptoGuides · 18 Apr 2020 · 4 min read

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Coinbase

3.6A reasonable on-ramp if you enable app-based two-factor authentication, read the freeze/withdrawal rules, and do not leave more on the platform than you would leave with any other private company. It is not a wallet you control.EasyCryptoGuides · 18 Apr 2020

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What is Dogecoin (DOGE)?

Dogecoin is its own chain, started as a joke and still mined with Scrypt. Since 2015 each block mints 10,000 DOGE, and there is no halving. An address that starts with D is not a Litecoin address.EasyCryptoGuides · 17 Apr 2020 · 2 min read

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What is TRON (TRX)?

TRON is a delegated-proof-of-stake ledger. TRX is the native coin. Most of the dollars people send on it are USDT, a token the chain does not issue. A T address is not an Ethereum address.EasyCryptoGuides · 16 Apr 2020 · 3 min read

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What is Dai (DAI)?

Dai comes from the Maker system, now also called Sky. You lock collateral and borrow DAI. Liquidation is the design. USDS is a conversion, not a rename that already happened to every balance.EasyCryptoGuides · 15 Apr 2020 · 3 min read

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What is BitTorrent (BTT)?

BitTorrent Inc. sold the token on 28 January 2019, on TRON. The file-sharing protocol is older and does not require BTT. In December 2021 one old coin became 1,000 new ones. The count went from 990 billion to 990 trillion.EasyCryptoGuides · 14 Apr 2020 · 1 min read

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What is USDC?

USDC launched in 2018 as a joint Circle and Coinbase product. Circle issues it. The March 2023 wobble was a bank failure, not a broken chain. Native USDC and a bridged lookalike are different assets.EasyCryptoGuides · 13 Apr 2020 · 3 min read

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What is Tether (USDT)?

USDT is issued by Tether Limited. The peg is a promise about reserves, not a law of the chain. The company can freeze an address. Sending the Ethereum token to a Tron address strands it.EasyCryptoGuides · 12 Apr 2020 · 3 min read

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What is STASIS EURO (EURS)?

STASIS said EURS would trade on DSX from 4 July 2018, backed one for one by euros. There is no fixed cap. It is not Euro Coin, and a reserve balance is not the token.EasyCryptoGuides · 11 Apr 2020 · 1 min read

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