What is Steem? Steem is a blockchain which enables users to reward content creators for quality content posted on the Steem social media site. It has tokens and can be traded on exchanges, but rather than being mined, it is given out according to activity on this website. The whole project can be thought of as a blockchain-based version of Reddit, only with cryptocurrency instead of “karma.” It has attracted a lot of attention, both…
This infographic on Bitcoin has long been overdue because I’ve been meaning to do one on the founder of all…
What is PayPal? PayPal is a fully electronic payment and banking system. It is one of the first and certainly…
What is Robinhood? If you own a smartphone and have had even a passing interest in trading stocks, you’ve probably heard about Robinhood. This no-fee stock-trading app has taken the younger elements of the personal finance world by storm and has recently even gotten into the cryptocurrency game. While most brokerages charge $5-10 per trade (hardly worth it if your investment fund is just a few hundred dollars), this one is completely free. That’s great…
Becoming a freelancer is an exciting experience, having the ability to create your own schedule and conduct business exactly how…
I thought I’d do another infographic for Ethereum seeing how much people like them. I know the title for the…
What is Bitshares? Many cryptocurrencies are targeted at improving aspects of the current financial system—payments, contracts, speed, privacy—but Bitshares (BTS) aims to have it all: a universal asset exchange equivalent to something like the NASDAQ, a price-stable cryptocurrency, a lightning-fast transaction network, a corporate finance platform, and more. Bitshares has a lot of complex layers, but at its most basic, it is two things: tokens that represent other assets, and a decentralized exchange that those…
What is Bytecoin? Though it has recently experienced a resurgence of interest, Bytecoin (BCN) has been largely stuck on the…
What is Siacoin? Data stored in the cloud generally heads straight to one of a few big companies that put…
It has been a while since I’ve posted about Ripple XRP. The last time I posted about Ripple XRP was January 6, 2018 on the piece called Why I am Bullish on Ripple XRP Solving the Cross-Border Payments Problem. Rest assured, I am still a Ripple supporter as much as the next guy. In light of the recent developments for Ripple XRP, and to prove that I am still an avid Ripple supporter, I decided…
What is Zcash? The “Z” in Zcash (ZEC) stands for “zero,” as in “zero-knowledge proof.” This refers to the cryptocurrency’s…
What is Dash? It started out as “XCoin,” then became “DarkCoin,” and in 2015 it came to its current name:…
What is Monero? While most cryptocurrencies are fairly anonymous, Monero’s (XMR) goal is to make every transaction completely untraceable. It is arguably the most private cryptocurrency available at this time, which has made it, for better or worse, the cryptocurrency of choice for users with an interest in avoiding the law. It is hardly surprising that darknet markets have adopted it, but even North Korea was recently found distributing malware that hijacked computers to mine…
What is Lisk? “Decentralized apps” (dApps) have been growing in popularity since Ethereum made it possible to put programs on…
Cryptocurrency startup Tether Limited, as well as one of the world’s largest exchanges, Bitfinex, were reportedly issued subpoenas by U.S…
