Tag: Proof of Work

The cryptocurrency guide for the perplexed: Dash (DASH)

Dash is an open source cryptocurrency. It’s actually a bitcoin fork, and the name is also periodically used to describe the decentralized autonomous organization (DAO) run by some of its users. These are often called masternodes. Originally conceived of as “Xcoin” by Evan Duffield after its fork from Bitcoin, it was subject in its early… Read More »The cryptocurrency guide for the perplexed: Dash (DASH)

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Hello Pal International (HP.C) onto something big in Australia

Hello Pal International (HP.C) has started mining cryptocurrency in Australia. Hello Pal is kind of a weird beast in that they have two completely disconnected verticals out of left field. First they have their cryptocurrency angle—merge mining litecoin and dogecoin—this time out of Victoria, Australia with a hashrate of 9,500 megahash per second. And they’re… Read More »Hello Pal International (HP.C) onto something big in Australia

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The cryptocurrency guide for the perplexed: Fantom (FTM)

Cryptocurrencies generally have one or more of core three problems. They either don’t scale—meaning transactions take too long to clear—aren’t secure or aren’t decentralized. Security is likely going to be a much larger concern in the future as demand for transactions on blockchains grow, and decentralization has always been a concern. Fantom was built as… Read More »The cryptocurrency guide for the perplexed: Fantom (FTM)

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Neptune Digital Assets (NDA.C) bucks the specialization trend

Usually trying to be all things for all people is a bad business strategy. Mostly it stretches your operation too thin. You might be really good at one or two things, and only so-so on others, but if you spread out to include all the operations you can manage, you can usually expect mediocrity across… Read More »Neptune Digital Assets (NDA.C) bucks the specialization trend

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The Cryptocurrency Guide for the Perplexed: Bitcoin Cash (BCH)

Bitcoin Cash is one of Bitcoin’s Bastards—coins that are hard forks or off-shoots of Bitcoin. It was created in 2017 and hasn’t really done much since, except spawn the slightly less useless Bitcoin SV. The principle difference between Bitcoin Cash and its predecessor is that BCH allows larger blocks in its blockchain, which in theory… Read More »The Cryptocurrency Guide for the Perplexed: Bitcoin Cash (BCH)

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The Cryptocurrency Guide for the Perplexed: Avalanche (AVAX)

Avalanche is an open-source, programmable smart contracts platform for decentralized applications. It’s proprietary token is called AVAX, and it’s used for transaction fees and staking. Oddly enough, you don’t hear too much about Avalanche as an “ethereum-killer” but it’s got just as much claim to the odd little title as any other. It does much… Read More »The Cryptocurrency Guide for the Perplexed: Avalanche (AVAX)

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The Cryptocurrency Guide for the Perplexed: Solana (SOL)

Solana is a public blockchain in the same vein as Ethereum. It doesn’t have as much history going for it as do some of the other coins, only having been around since April 2019, which given the sordid histories of some of its predecessors may actually work on its favour. At present, it is the… Read More »The Cryptocurrency Guide for the Perplexed: Solana (SOL)

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