To the Moon or to Goblin Town: Navigating the Murky Waters of the Crypto Space

You  most probably have heard or come across that popular phrase “to the moon”. Sometimes it comes with an emoji of a rocket blasting off the earth. Well, in the crypto space "to the moon" simply means the price of a cryptocurrency or crypto asset reaching a new high,  thus resulting in great profits to investors. But here is an antithesis to...

What will happen after all the 21 million bitcoins have been mined?

When bitcoin was invented in 2009, it came with a hard cap of 21 million. This is the highest number of bitcoin that can ever be mined or supplied. Based on current mining rate, the final bitcoin would be mined around 2140. After 2140, no new bitcoins will be circulated or supplied.  At the time of writing this piece, only 2,208,000...

What is Bitcoin?

Bitcoin was inspired by the need to have an electronic-payment system that is optimized for commerce on the Internet without reliance on intermediaries. Until Bitcoin, there was no system that made payments over a communications channel without a trusted party possible.A digital currency or cryptocurrency, bitcoin was invented by Satoshi Nakamoto in January 2009. Satoshi Nakamoto is the pseudonym of a...

What is cryptocurrency?

You’ve probably heard of bitcoin, Ethereum,  Doge, USDT, or other cryptocurrencies. There are currently thousands of cryptocurrencies out there. And they are of different types. Various types of cryptocurrencies serve various purposes, including payment, investment, network, and stabilization purposes in the crypto market or ecosystem. In this piece, you will get to understand better what cryptocurrencies are and the major types...