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tinam • Sep 11, 2022, 5:12 pm EDT

What Is The Ethereum Merge, And Why Does It Matter?

The final countdown has arrived here. Finally, one of crypto’s most significant milestones is close on the horizon after months and months of delays.  The media dubbed this history-making event ‘the Merge,’ the cumulation of Ethereum’s long-awaited shift from a Proof of Work (PoW) to a Proof of Stake (PoS) consensus mechanism. The stakes are massive. So What Is The Ethereum Merge, And Why Is It Important? To start, a successful merge means Ethereum’s energy consumption will nosedive by 99.95%. Crypto’s long been a focus of concern from environmentalists who worry about PoW blockchains chewing up large amounts of power. https://giphy.com/vmas Earlier in

4 minutes

tinam • Sep 8, 2022, 4:46 pm EDT

One Year In, El Salvador’s Bitcoin Gamble Keeps Making Waves

One Year In, El Salvador’s Bitcoin Gamble Keeps Making Waves  Many flock to crypto to try and escape the ever-present influence of central banks and governments. However, Bitcoin’s impact remains just too big to ignore by some leaders who occupy the halls of power in their nations.   El Salvador is one example led by the young, tech-focused Nayib Bukele. The Bitcoin advocate and frequent Tweeter made history in early September 2021 when Bitcoin was made legal tender in the small Central American nation.  Digital currency advocates, including Bukele, argued the move would boost the prospects of millions of El Salvadorans

4 minutes

jennyl • Sep 6, 2022, 11:48 am EDT

What is Crypto Mining? 10 Things You Should Know

With the price of Bitcoin still somewhat volatile as of the time of writing, some people are looking into mining other forms of crypto. If that sounds like the kind of thing you want to get into, we totally want to empower that. Although you may be thinking, “So, what is crypto mining, and how do I get involved?” Below, we have listed ten of the most important facts related to crypto mining. Once you’re through soaking up this content, you’ll walk away with a full scope of knowledge on the subject. So, don’t wait, and get on the crypto mining bandwagon

5 minutes

tinam • Aug 31, 2022, 11:42 am EDT

Can You Buy A Piece Of The Internet With Bitcoin? Maybe So.

What does buying the Internet look like? Some believe it might start at the bottom of the ocean.  In February 2019, Google announced development plans for the first undersea private intercontinental cable running from California to Chile. Over the last several years, entities like Facebook, Microsoft, and Google have been working hard to build expansive fiber-optic submarine cables.  Few might know these cables are the backbone of the modern Internet. The more than 700,000+ miles of cables in use carry 95-99% of global data.  Some argue that the moves by Google and other content providers to build these cables ultimately help to

4 minutes

jennyl • Aug 10, 2022, 12:02 pm EDT

How to Transfer Crypto From Robinhood

In 2022, 15.9 million people were using Robinhood. If you’re one of them, you might wonder how to transfer crypto from Robinhood. Thankfully, it is possible, but there are specific steps you’ll need to follow to move your cryptocurrency. Keep reading to learn all you need to know about transferring crypto from Robinhood to a secure account. Why Should You Transfer Crypto? If you’re a Bitcoin investor, you might want to transfer their cryptocurrency from Robinhood to a cryptocurrency exchange so that they can use it more easily.  It also helps you avoid any restrictions that Robinhood has on cryptocurrency.

5 minutes

jennyl • Aug 9, 2022, 12:00 pm EDT

What Is Staking Crypto?

Did you know that, in 2020, the size of the global cryptocurrency market was $826.6 million? Additionally, this market expects to see a value of $1,902.5 million in the year 2028, with a compounded annual growth rate of 11.1% between 2021 and 2028. Considering these statistics, you might be interested in taking part in buying and trading cryptocurrencies. However, this can be stressful if you don’t understand how crypto works. After all, how can you know how to approach crypto trading if you don’t understand the elements of crypto? Fortunately, this article will review the cryptocurrency term “staking crypto.” Finally, you

5 minutes

tinam • Jul 29, 2022, 5:02 pm EDT

What You Need To Know About The Ethereum Merge

Maybe you’ve heard a lot about the upcoming Ethereum ‘Merge.’ But what is it all about?  Aside from being one of 2022’s most high-profile events in the crypto industry, the Merge is also one of the most substantial upgrades in Ethereum’s history. The merging of Ethereum’s mainnet with the Beacon Chain’s proof-of-stake (PoS) system spells the end of the proof-of-work (PoW) consensus mechanism for Ethereum.  The ‘Merge’ name is crypto slang for the PoW to PoS transition. This transition will enhance the security, speed, and scalability of Ethereum’s network.  This is a long-awaited change. Lately, headlines are intensifying as many

3 minutes

tinam • Jul 27, 2022, 3:50 pm EDT

Byte Federal Bitcoin ATM: How to Use the Best Bitcoin ATM

At the beginning of 2021, there were about 14,000 Bitcoin ATMs around the globe. By the end of the year, there were around 34,000 Bitcoin ATMs. And the market keeps growing. If you want to take advantage of one of these new Bitcoin ATMs, there are many other things to know before you learn how to buy and sell cryptocurrency.  Each different ATM operates differently, but if you are interested in how to use a Byte Federal Bitcoin ATM, keep reading to learn all you need to know.  What Is a Bitcoin ATM? A Bitcoin ATM is just like a regular ATM

9 minutes

tinam • Jul 25, 2022, 3:59 pm EDT

What Should You Look For In A Crypto Wallet?

Even amid 2022’s crypto winter, it’s still essential to move digital holdings to a secure wallet. Opportunistic thieves and hackers are still as busy as ever trying to steal funds.  In fact, research from BestBrokers suggests crypto hacks and thefts are becoming more damaging. The firm reported 64 security breaches from January to mid-June 2022, a sharp decline from 251 hacks in the same timeframe last year.  However, data shows the average amount stolen per incident has jumped by 206% from 2021 to 2022.  Researchers believe thieves are focusing on higher-value targets in 2022, especially within the DeFi ecosystem, due to significant

4 minutes

tinam • Jul 5, 2022, 2:09 pm EDT

What Kind Of Crypto Wallet Should You Use?

When it comes to storing crypto, choosing the right type of wallet to keep your digital assets is a crucial decision all crypto owners must make. If you have found yourself wondering “What kind of crypto wallet should I use?”, then you should find the answers you seek below. Many different types of crypto wallets exist to hold crypto, each with specific advantages and disadvantages. When choosing the right crypto wallet for you, it is imperative to understand and weigh the differences between different types of crypto wallets, based on your cryptocurrency investing needs.When choosing a specific type of wallet,

4 minutes