What is the token cryptocurrency?

The token is a mandatory aspect of any ICO. If you are reading this, then most likely already familiar with this term. Just in case we recall that the ICO is a form of cryptocurrency crowdfunding. That is, attraction of investments for development of the project. These projects receive funds in the form of exchange…

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What is the ICO in simple words?

ICO is a relatively new form of investment, the appearance of which is associated with the development of cryptocurrency. The term itself is an acronym for Initial Coin Offering. The literal translation is “the primary placement of coins” or “coin primary offer”. If you are interested in investment and cryptocurrency, you’ve probably already encountered this…

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What is the smart contracts in plain language?

The idea of “smart contracts” in the modern world represents a promising cloud technology to store various kinds of documents, agreements, contracts, etc. Along with this we often we hear such concepts as “smart contract”, “bitcoin”, “blockchain”. In this article you will learn what all these terms are and why they are needed. What are…

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What is Ethereum (Ethereum) in simple words?

Ethereum (Ethereum, ether) is both a cryptocurrency and a decentralized functional environment, which truly revolutionized the entire IT sector. The creators of the air, among which stands out the acne Buterin when you run this platform pursued a standard for authors of cryptocurrencies goal of improving Bitcoin. However, the air can hardly be called bitcoin…

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What is mining cryptocurrency in simple words – full review

The process of mining Bitcoin and many other cryptocurrencies is called mining. This is one of the cornerstones of cryptocurrency that distinguish them from Fiat and other electronic currencies. Mining is not comparable to conventional printing of money, because it has a specific function. And most importantly – mining can engage almost everyone. Don’t believe?…

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What is a bitcoin in simple language?

The frequency of references to Bitcoin in print and electronic sources is growing exponentially. Against this background, more and more people are directly or indirectly acquainted with this term. Bitcoin has long ceased to be the sphere of interests of “geeks”, and it is firmly entrenched in the lives of ordinary people. And sooner or…

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What is the blockchain in simple words?

The blockchain (the Blockchain) is the cornerstone of cryptocurrencies and the term, which 90% of the Internet users have crossed. You 100% have heard it somewhere. In this article we simple and clear words, describe the term, which has already begun to change our lives. Such attention to it associated with the revolutionary, which he…

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What cryptocurrency in simple words?

The cryptocurrency. You definitely heard that term before. And even have some idea what it is. Electronic money? Yes. But the cryptocurrency cannot be equated with money in Paypal, WebMoney or funds on the cards. Currency? Yes. But cryptocurrency is not regulated by Central banks of countries, and its rate is not tied to the…

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