Forex and Crypto for Beginners
Our cryptocurrency glossary helps you decipher crypto jargon back into plain English. Learn the terms that you’ll come across on your crypto journey.
Personal or business wallets controlled by a company or cryptocurrency exchange (like Coinbase or Binance), which stores your private keys for you. Custodial wallets are considered less safe than noncustodial wallets because if hackers were able to access an exchange’s network, they could potentially access your private keys and ultimately have complete control of your account balance, allowing them to steal your digital assets.
The cryptocurrency industry is made up of 15,000+ different cryptocurrencies, dozens of blockchain companies and platforms, startups, investors, foundations, regulators, influencers, and more, all...
Much like miners in a Proof-of-Work(PoW) network, they are network nodes that operate in Proof of Stake (PoS) blockchains, also validating transaction blocks to the blockchain. Validators are generally picked at random, based on the amount of cryptocurrency they are willing to stake or lock up in a smart contract, to win the rights to validation. This is different than the competition-style mechanism like Proof-of-Work (PoW)
Vitalik Buterin is best known for being a co-founder of Ethereum, along with co-founders Gavin Wood, Charles Hoskinson, Anthony Di Iorio, and Joseph Lubin. In 2013, Buterin first published his ideas behind Ethereum in a whitepaper, proposing that Bitcoin (BTC) lacked a scripting language for application development. He also co-founded Bitcoin Magazine in 2011, later becoming its leading writer.
Volatility is the measure of fluctuation in an asset’s price over some period of time. If you’ve ever watched a cryptocurrency price chart, you’ll notice the crypto prices shift dramatically, up and down, sometimes in a matter of minutes. This is an example of the volatile nature of cryptocurrency prices, which are more volatile compared […]
All things are difficult before they are easy.Thomas Fuller