Dustin

Since 2011, Dustin has been an active member of the community of cryptocurrencies. Dustin is a Washington-based financial-tech reporter. He's passionate about bitcoin, open source code, and decentralized apps. Dustin wrote thousands of articles about the innovative protocols.

How Ethereum Smart Contracts Work? 7 Things You Need To Know [Simply Explained]

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It’s 2020 — even those who don’t know about blockchain probably know about Ethereum. Ethereum is the second-largest cryptocurrency with over 25 billion dollars in huge market value. To fully understand Ethereum, one should understand correctly what an intelligent contract is.

Ethereum is not only a currency; it is also a platform for other blockchain applications. The Ethereum network uses an Ether currency to pay for transactions.Read More »How Ethereum Smart Contracts Work? 7 Things You Need To Know [Simply Explained]

What is Ethereum 2.0? 5 Things You Need To Know About Ethereum 2.0

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Ethereum is the most common decentralized launch pad by far. Ethereum provides you with tools to mint your cryptocurrency, a language, and a programming framework.

Ethereum is powered by Ether, the second-largest cryptocurrency. The Ethereum project is strongly supported by the group and actively established through our discussions.Read More »What is Ethereum 2.0? 5 Things You Need To Know About Ethereum 2.0

Will Bitcoin Skyrocket Again After 2020 Halving? Will Bitcoin Rise to $100,000+?

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The third BTC halving will take place on May 30 this year. The fact that 50% less Bitcoin is generated every 10 minutes will change its cost.

This process is known as halving, and it has already happened twice, and each time leading to a price increase of Bitcoin (at least ten times higher). BTC is now quite common, but not many people are talking about it.Read More »Will Bitcoin Skyrocket Again After 2020 Halving? Will Bitcoin Rise to $100,000+?

What is a Litecoin halving?

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A halving of Litecoin is an event in which the number of Litecoin rewards generated is halved.

Around every four years, Litecoin halvings are planned to maintain the purchasing power of Litecoin. On August 5, 2019, the last halving Litecoin was when the mining price decreased from 25 Litecoins per block to 12,5 Litecoins per block.Read More »What is a Litecoin halving?

What Is The Difference Between Bitcoin And Bitcoin Cash? (BTC vs BCH) Simply Explained!

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There was a hard fork or split in the Bitcoin blockchain on August 1, 2017. Bitcoin (BTC)-the original Bitcoin and Bitcoin cash (BCH)-split from the Bitcoin original as a result of the fork.

While Bitcoin Cash was not the first such split from Bitcoin, it was one of the most prominent, as it rapidly grew to be one of the leading crypto-assets by market capitalism.Read More »What Is The Difference Between Bitcoin And Bitcoin Cash? (BTC vs BCH) Simply Explained!

What is Cosmos Crypto? How Cosmos (ATOM) Works? Should You Invest ATOM?

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Strictly speaking, Cosmos is a decentralized network of independent parallel blockchains powered each by BFT consensus algorithms such as the Tendermint consensus.

In other words, Cosmos is a blockchain ecosystem that can scale and interoperate with each other. Blockchains were siloed before Cosmos, and could not interact with one another. These were difficult to build and could manage only a small amount of transactions per second. With a new technical vision, Cosmos solves these problems. We need to go back to the basics of blockchain technology to understand this vision.Read More »What is Cosmos Crypto? How Cosmos (ATOM) Works? Should You Invest ATOM?

What Is Soft Fork And Hard Fork In Bitcoin?

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Until we start talking about gentle, rough, and other strange words, I would like to describe each term briefly. Just to say that we are on the same page.

  1. Blockchain protocol: code convention specifying the rules for connection, mining, and transaction. You must comply with the protocol to be part of the network.
  2. Fork: the moment you have a separate version of the protocol from the main one.

Read More »What Is Soft Fork And Hard Fork In Bitcoin?