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Bitcoin: Proof of concept and the world’s first crypto
How Blockchain Technology Works. Guide for Beginners: This article is great for understanding blockchain technology and how it works. It really simplifies all the tech jargon and uses some comprehensive analogies that help simplify a very complex technological ecosystem.
What is Bitcoin Mining and How Does it Work?: Bitcoin mining explained comprehensively. Many other cryptos are based on mining on proof-of-work consensus system, but some of which work much differently and present mixtures of other types of consensus mechanisms.
BITCOIN MINING COSTS SET FLOOR FOR BITCOIN PRICE: This is why the halving is so important. People say that Bitcoin’s value comes from “thin air”, but it cost money to create, via mining equipment, and power costs. This cost provides a price floor. Whenever the price has passed below that cost, it has exerted an upward pressure on the price and each time it eventually moved back above. This is also the part of the reason Bitcoin has stuck to the same upward logarithmic curve since its inception.
The problem of scalability in the Bitcoin network: It’s become apparent that Bitcoin will most likely never become the world’s means of payment due to it’s scalability problems. As many enthusiast would argue it doesn’t need to be and isn’t exactly what Satoshi was going for.
Crypto Long & Short: Bitcoin Is More Than a Hedge Against Inflation – It’s a Hedge Against ‘Crazy’: Bitcoin is really meant as a hedge against inflation and against “fiat debasement” according to Coindesk head of research, Noelle Acheson in these two articles.
Consensus Mechanisms: Scaling from a proof of concept to processing the world’s transactions
Proof of Work vs Proof of Stake: Basic Mining Guide: At the moment these are the two main mechanisms
Ethereum: The world’s biggest blockchain ecosystem
What Is Ethereum And How Does It Work?: Forbs takes a deep dive into Ethereum, what it is, and how it works.
Introduction To Ethereum Scaling: Ethereum aims to scale Bitcoin’s idea of blockchain tokenization to process the world’s transaction. Where Bitcoin operates more of a store of value with it’s periodic halvings and, slow and expensive network; Ethereum is faster in both transaction speed and number of transactions per second. It’s also much cheaper, especially since it’s switch to it’s 2.0 network. As this article details even Ethereum is extremely slow compared to that of say Visa’s network.
Ethereum’s Growth Pains: The Price of Success: As cryptos continue to succeed even Ethereum has begun to experience growing pains resulting in record high network GAS prices as well as longer transaction times. If ETH means the be the world’s medium of payment it has to figure out how to scale to handle the a whole world worth of transactions.
Comparing Layer-2 Ethereum Scaling Solutions: This is a good deep dive on Ethereum second layer solutions that mean to scale the Ethereum network to have higher capacity for transactions and to process those transactions faster and cheaper.
Ethereum 2.0 Explained in 4 Easy Metrics: Ethereum’s move from proof-of-work to proof-of-stake explained by Coindesk.
Ethereum 2.0 Tokenomics: Ethereum’s new POS system changes the way tokens are distributed on the network. Here’s the numbers.
Decentralized Finance (DeFi): Making the cryptos work for you
Vocabulary: Brush up on Your Crypto
Smart Contracts Defined: Smart contracts are vital to interactions on blockchain especially for blockchain ecosystem’s like Ethereum, NEO or Binance Smart Chain.
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