Guides

Delegated Proof of Stake Explained in Simple Terms

  • DPoS is a form of PoS that limits the number of block producers.
  • Block producers are elected through a voting process, where the public uses tokens to stake their votes on delegates they believe in.
Illustration from Freepik

  • DPoS is a form of PoS that limits the number of block producers.
  • Block producers are elected through a voting process, where the public uses tokens to stake their votes on delegates they believe in.

Sharding Explained in Simple Terms

  • Sharding intends to solve one of the oldest of blockchain problems - scalability.
  • This dataset segmentation method, originally applied on databases, could increase transactions handled per second by hundreds of times.

Bitcoin Futures Explained in Simple Terms

  • With simple examples, we explain what futures are, how they work, and why people use them.
  • We then explain how bitcoin futures work (both shorts and longs), on which exchanges they are available, and list their pros and cons.

Soft & Hard Forks Explained in Simple Terms

  • We explain, with examples, what soft and hard forks are, and point out their differences.
  • We then take a close look at the actors involved in influencing the creation and implementation of network upgrades and their roles within a crypto community.

Modern Data Privacy: Browser Crypto Wallets & Client-Side Encryption

  • Learn how you can use crypto wallets to encrypt data and avoid data breach liability.
  • We also cover the two different types of encryption that you can use, as well as their advantages and disadvantages.

Proof of Stake Explained in Simple Terms

  • With a dozen advantages over proof-of-work algorithms, proof of stake has gained a lot of traction in the crypto sector.
  • This "challenger" to proof of work secures a blockchain by allowing people to stake their crypto assets in return for becoming validators on the network.

Stablecoins Explained in Simple Terms

  • Stablecoins aim to solve the problem of extreme crypto market volatility by pegging digital assets to more stable assets.
  • All of the different types of stablecoins aim for stability, but they achieve it in very different ways.

Proof of Work Explained in Simple Terms

  • Proof of work is the consensus mechanism used by Bitcoin and other popular cryptocurrencies such as Ethereum.
  • We explain exactly how it works with simple examples anyone can understand.

How to Verify Smart Contracts on Etherscan

  • Etherscan provides a neat tool, allowing you to verify your smart contracts and prove to your customers that there isn't anything malicious going on.
  • We go over the entire process of verification, covering all intricacies, step by step.

How to Deploy Smart Contracts via MEW

  • Learn how you can easily deploy a smart contract using MyEtherWallet.
  • We go through the entire process, step by step, and we explain all intricacies.

Cryptocurrency Project Requirements for Conducting an IEO

  • This year we see a definitive increase in popularity for IEOs that resembles the boom of 2017.
  • In order to qualify for that valuable exchange platform support you need to consider several important points.

How to Interact With Smart Contracts via MEW

  • Quite often, once a smart contract is deployed, you will need to change some of its parameters.
  • The easiest way you can interact with a smart contract is via MyEtherWallet's Interact with Contract interface.

The Ultimate Step-By-Step Guide to Researching ICO Projects

  • Researching ICO projects is a complex, but vital process, helping people make good predictions and thus, successful investments.
  • In-depth analysis is the easiest way to distinguish between good projects and projects riding the wave of fake hype.