What is Bitcoin? Blockchains as we know them are still less than a decade old. Bitcoin (BTC) popped up in 2009, two whole years after the first modern smartphone, but, like the smartphone, its breakneck rate of progress and fast worldwide adoption make it feel like it’s been around a lot longer. Some already see it as outdated tech—though it is making efforts to scale up and match its exponentially-multiplying competitors—but whether or not it…

What is PayPal? PayPal is a fully electronic payment and banking system. It is one of the first and certainly the largest processors of online payments and peer to peer money transfers on the internet. Founded nearly twenty years ago in 1998 by famous entrepreneur and Tesla creator Elon Musk, it was originally called X.com before being sold. The platform allows users to purchase things online from retailers and other sites, as well as send…

I thought I’d do another infographic for Ethereum seeing how much people like them. I know the title for the infographic is a bit sensationalist, but it was intentional to poke some good fun at crypto memes, jokes and puns on the cryptocurrency that sort of started all the “to the moon” memes. But in all seriousness, the piece was made to highlight some of the reasons why Ethereum has the foundation to grow rapidly…

What is Siacoin? Data stored in the cloud generally heads straight to one of a few big companies that put it on machines in a few big warehouses. Siacoin (SC), on the other hand, is one of several cryptocurrencies that plans to make the cloud much more cloud-like by taking your data, encrypting it, splitting it up, and storing it on lots of privately-owned hard drives. Even better, it works: The project is currently storing…

What is Dash? It started out as “XCoin,” then became “DarkCoin,” and in 2015 it came to its current name: “Dash,” (DASH) which is a portmanteau of “digital cash.” Its naming history sums up its purpose: it is focused on both privacy and speed and is only meant to be used as a currency (no smart contracts or decentralized apps here). While it is not as completely private as Monero, it aims to combine a…

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