by Mike Mott | Aug 18, 2023 | Education, Web3 Basics
What is a blockchain? A blockchain is a distributed digital ledger that stores and maintains information that is shared amongst a global network of computers in a peer-to-peer structure, that cannot be altered without the consent of the majority of the network....
by Mike Mott | Jun 14, 2023 | Education, Web3 Basics
Hello world Congratulations on embarking on your Web3 journey! This is an exciting time to be entering the world of blockchain technology and cryptocurrency. While it’s true that many people first become interested in Web3 because of the potential for financial...
by Mike Mott | Jan 27, 2023 | Education, Web3 Basics
What is a cryptocurrency A cryptocurrency (or crypto) is a record of ownership of a digital asset, that enables people to transmit digital value that only exists on a digital ledger known as a blockchain. It is built on a system that isn’t owned by one party, but...
by Mike Mott | Jan 27, 2023 | Education, Web3 Basics
What is a cryptocurrency wallet? A cryptocurrency wallet is an application that functions as an ‘interface’ for interacting with your crypto and other digital assets on the blockchain. Instead of what many people think, a wallet doesn’t actually contain your...
by Mike Mott | Jun 14, 2019 | Education, Web3 Basics
Different types of crypto wallets While private keys are essential to cryptocurrency, as a user it is not necessary to fill out your private key each time you want to send crypto. A crypto wallet does this for you. There are dozens of wallets to choose from. And each...
by Mike Mott | Jun 14, 2018 | Education, Web3 Basics
Keep your crypto safe Most people will start their crypto journey through third party wallets or services. Although these hot wallets are easier to use in general, they are also very popular with cyber criminals. Reports show that cryptocurrency thefts have become...
