Category: 9.Beginner’s Guide to Altcoins
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What is a Stablecoin?
What’s a stablecoin? Cryptocurrencies like Bitcoin are known to be volatile. Their prices can fluctuate wildly over any given time frame. Holding crypto can sometimes feel like riding a roller coaster. Or listening to a Taylor Swift album. One minute, you’re up. 😊 And…the next minute, you’re down 😭 When the price of cryptocurrencies keeps…
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What is a Meme Coin?
What is a meme coin? In order to understand what a meme coin is, you must first understand what a meme is. What’s a meme? The term “meme” was introduced in 1976 by British evolutionary biologist Richard Dawkins in his app, The Selfish Gene. He needed a noun to describe the concept of the transmission of an idea and initially…
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What is a Privacy Coin?
What is a privacy coin? A privacy coin is a type of cryptocurrency that use technologies to make it very difficult to link an individual to a transaction providing anonymity to parties involved and confidentiality of details of the transaction like the amount. Contrary to popular belief, most cryptocurrencies including Bitcoin do NOT provide anonymity. As part of its…
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What is an Altcoin?
What is an altcoin? In the beginning, there was only Bitcoin, created by Satoshi Nakamoto. But due to the open source nature of Bitcoin’s source code, this didn’t last. “Source code” is the code that programmers can manipulate to change how a piece of software program or “app” works. Open source software is software with source…