The world’s first widely-adopted cryptocurrency. With Bitcoin, people can securely and directly send each other digital money on the internet. Bitcoin was created by Satoshi Nakamoto, a pseudonymous person or team who outlined the technology in a 2008 white paper. It’s an appealingly simple concept: bitcoin is digital money that allows for secure peer-to-peer transactions on
Exchange-traded funds — better known as an ETFs — are similar in many ways to mutual funds. They generally track the price of an asset (like gold) or basket of assets (like the S&P 500). And as their name suggests, they trade on exchanges and can be bought and sold like stock via a traditional brokerage
It is a digital language through which we communicate with others on the Internet. protocol meaning is that it a set of mutually accepted and implemented rules at both ends of the communications channel for the proper exchange of information. By adopting these rules, two devices can communicate with each other and can interchange information. We can’t even think of using
A smart contract, like any contract, establishes the terms of an agreement. But unlike a traditional contract, a smart contract’s terms are executed as code running on a blockchain like Ethereum. Smart contracts allow developers to build apps that take advantage of blockchain security, reliability, and accessibility while offering sophisticated peer-to-peer functionality — everything from loans
Understanding DeFi Aggregators Decentralized finance, or DeFi, is a rapidly evolving sector within the blockchain technology space. It strives to provide open-access, non-custodial financial products that promote transparency. However, the DeFi landscape is spread across various blockchains, each hosting an ecosystem of isolated financial protocols. This fragmentation can make it challenging for users to optimize their trades
Tax experts weigh in on how the IRS views crypto trading profits, gifts, mining rewards and more. Tax filing day may be months away, on April 18, 2023, to be exact. But, if you’ve bought, sold, traded, earned or lost cryptocurrency this year, now is the time to prepare. This piece is part of Coindatacap.com Tax