What is NEM (XEM)? NEM is a cryptocurrency and blockchain platform launched in 2015. NEM uses a revolutionary consensus algorithm called PoI (Proof of Importance) which intends to solve all the issues present with classic consensus algorithms like PoW and PoS. The NEM platform makes the development of blockchain much easier with a powerful yet […]
What is Verge (XVG)? Verge started out somewhat as a joke cryptocurrency named DogeCoinDark in 2014 but was rebranded to Verge in 2016. Verge is now a decentralized cryptocurrency offering anonymous transactions and has partnered with MindGeek in 2018. The cryptocurrency has suffered two 51% mining attacks in April and May of 2018 but has […]
What is Ethereum Classic (ETC)? Ethereum Classic was a fork of Ethereum that happened because of a hack on the DAO, which was a complex Ethereum smart contract. The money stolen couldn’t be accessible for 28 days so the Ethereum community had 2 options, a soft or a hard fork. Eventually, it was decided that […]
What is Bitcoin Cash (BCH)? Bitcoin Cash is a controversial fork of the original Bitcoin. Some people wanted to increase the block size for Bitcoin to allow more transactions per block. The hard fork happened on August 2017 and created Bitcoin Cash. The new chain had 8MB blocks. The original Bitcoin remained the strongest and […]
What is Neo (NEO)? According to the official website, Neo is an open-source project that is driven by the community. The Neo project makes use of the blockchain technology to automate the management of digital assets through the use of smart contracts. Neo was originally called AntShares and was launched back in 2014 but was […]
What is Steemit (STEEM)? Steemit is a social blockchain where users can share their content and get rewarded for it in the form of cryptocurrency. Steemit uses a new revenue model that allows users to become the platform stakeholders while controlling their data and earning rewards for each contribution they make. Steem has paid almost […]
What is Dash (DASH)? Dash is a payment platform and digital cash that provides fast, easy and secure payments with really low fees. Dash is basically what Bitcoin intended to be, a day-to-day digital currency that people can use to buy groceries, coffee or a plane ticket. Dash actually provides users with ATM’s around the […]
What is Ontology (ONT)? Ontology is a public blockchain and platform offering different services and products like the ONT ID, a decentralized identity platform that helps users manage their own data in a decentralized way. ONTO is a ‘one-stop’ client to the decentralized world, it allows users to manage their digital assets easily. DDXF is […]
What is Zcash (ZEC)? Zcash is a cryptocurrency that focuses on privacy. Zcash ensures your personal data as well as transaction data remains completely confidential. Zcash uses an innovative system called ‘Zero-knowledge’ proofs to verify transactions without revealing the sender, receiver or the amount. Zcash protocol is actually based on the research of scientists from […]
What is Enjin Coin (ENJ)? Enjin is a platform that uses the blockchain technology to enable games to operate in a decentralized way as well as providing gamers with true ownership. Enjin is focused mainly on the Gaming Industry and allows developers to craft DApp games, mint custom tokens for e-sports audiences or rewards for […]