PinnedIn the bitcoin worldWhat is bitcoin?A mysterious individual or group operating under the alias Satoshi Nakamoto invented the digital money known as Bitcoin in 2009. It is not…4 min read·Apr 8, 2023--12--12
In the bitcoin worldinCoinmonksCEX Vs DEX: Crypto Exchanges and the differences between themThere are two different kinds of cryptocurrency exchanges, CEX (Centralized Exchange) and DEX (Decentralized Exchange), and they differ…·2 min read·Aug 1, 2023--2--2
In the bitcoin worldinWeb3 SpeakerMastersnodes: What are they and what is their role?The term “masternodes” as of my most recent update in September 2021 mostly refers to a notion in blockchain and cryptocurrency networks…·2 min read·Jul 26, 2023--1--1
In the bitcoin worldinCoinmonksNFTs: What are they and what are they used for?Its initials stand for Non-Fungible Token. It is a category of digital asset that, generally on the Ethereum blockchain, signifies…·2 min read·Jul 24, 2023--1--1
In the bitcoin worldinCoinmonksPure Proof of Stake: What it is and what is its roleBlockchain networks use the Pure Proof of Stake (PPoS) consensus mechanism to approve transactions and add new blocks. It serves as a…·3 min read·Jul 23, 2023----
In the bitcoin worldinCoinmonksCEXs: What are they and how do they work?When referring to cryptocurrencies, “CEX” stands for “Centralized Exchange.” Online marketplaces called CEXs make it easier to purchase…·2 min read·Jul 22, 2023----
In the bitcoin worldinCoinmonksYield Farming: What it is, how it works and what are the risksA term from the field of decentralized finance (DeFi), yield farming refers to the practice of participants receiving rewards for supplying…·3 min read·Jul 21, 2023----
In the bitcoin worldinCoinmonksLiquidity Pools: What are they, how do they work and what is their role in DeFi?A key idea in decentralized finance (DeFi), liquidity pools make it possible for decentralized exchanges (DEXs) and other DeFi platforms to…·3 min read·Jul 20, 2023----
In the bitcoin worldinCoinmonksHot Wallets: What are they and how do they work?The term “hot wallet” refers to a cryptocurrency wallet that may be accessed instantly online. Because of their practicality and usability…·2 min read·Jul 19, 2023----
In the bitcoin worldinCoinmonksCold Wallets: What are they and how do they work?In order to keep digital assets safely and securely offline, away from potential online risks, cold wallets are a subset of cryptocurrency…·2 min read·Jul 18, 2023--1--1
