by Mike Mott | Jun 14, 2017 | Education, Web3 Basics
What is a block explorer? When someone sends their digital assets to another wallet on the blockchain, this event (known as a transaction) will be recorded on the blockchain. To explore this “event” a user can engage with an online tool called a block explorer. It...
by Mike Mott | Jun 14, 2016 | Education, Web3 Basics
Dapps (decentralized applications) With the rise and growing adoption of blockchain technology, focus has shifted to a new kind of digital innovation, decentralized applications or dApps, for short. These are applications that are built on top of a decentralized...
by Mike Mott | Jun 14, 2015 | Education, Web3 Basics
Exchanges Cryptocurrency exchanges are places that allow a user to buy, sell and trade digital assets. It’s simply a platform that acts as a gateway for users to come together and exchange their crypto to one another. Exchanges play a vital role in matching buyers...
by Mike Mott | Jun 14, 2014 | Education, Web3 Basics
Investing in a nutshell There’s one golden investment rule that you should know before you enter the “wild west” of crypto trading: never invest money that you can’t afford to lose. It’s important to note that the value of cryptocurrencies can be...
by Mike Mott | Jun 14, 2013 | Education, Web3 Basics
Financial system It is a concerning reality that not everyone in the world has access to the traditional financial system. There are many reasons why this is the case, including poverty, geographic location, or lack of identification documents. This lack of access to...
by Mike Mott | Jun 14, 2012 | Education, Web3 Basics
What is blockchain gaming? The world of online gaming is constantly evolving, and the introduction of blockchain technology is revolutionizing the way we play. Crypto gaming, or the use of cryptocurrency and blockchain technology in online gaming, is quickly becoming...