neo Archives - Coin Guides

Coin vs. Token – The difference between cryptocurrency coins & tokens

coinguides — Fri, 04 Sep 2020 09:18:04 +0000

In cryptocurrency realm the term “Coin” and “Token” get tossed around a lot and they are often used interchangeably. Some people call “tokens” as “coins” and some use the word “token” to what others refer to as a “coin” Many think they are the same but in fact they are two completely different concepts. Understanding …

The post Coin vs. Token – The difference between cryptocurrency coins & tokens appeared first on Coin Guides.

Mineable vs Non-Mineable coins in cryptocurrency – All you need to know

coinguides — Tue, 23 Apr 2019 11:39:17 +0000

What’s so revolutionary about cryptocurrency is that the way money is created and the way the transactions are carried out. Decentralization is the core idea that sets cryptocurrencies apart from the traditional fiat money. No central entity can control the system. Coins are created through the process called mining and all transactions are verified by …

The post Mineable vs Non-Mineable coins in cryptocurrency – All you need to know appeared first on Coin Guides.

What is a premine? & What are some top cryptocurrencies that pre-mined?

coinguides — Sun, 23 Sep 2018 13:48:35 +0000

Fair distribution of wealth has nothing to do with mass adoption. Of course USD is not distributed fairly but it is the most widely accepted currency. But what about Cryptocurrencies? They are decentralized but are they fairly distributed? Even with Bitcoin, Litecoin and many other top cryptocurrencies only the extreme minority controls them. It doesn’t …

The post What is a premine? & What are some top cryptocurrencies that pre-mined? appeared first on Coin Guides.

Bitcoin Bootstrap.dat – Where to find and how to use Bootstrap.dat file

coinguides — Tue, 28 Aug 2018 09:45:14 +0000

Bitcoin is a Peer to Peer cryptocurrency. The wallet client of Bitcoin downloads blockchain from the network by syncing with other nodes. Not just Bitcoin but most of the cryptocurrency core wallet works like this as they are all based on Bitcoin. Since it requires Peer to Peer communication to download and validate each blocks …

The post Bitcoin Bootstrap.dat – Where to find and how to use Bootstrap.dat file appeared first on Coin Guides.

ZenCash is now Horizen – Privacy cryptocurrency ZEN rebrands to Horizen

coinguides — Fri, 24 Aug 2018 05:40:10 +0000

Cryptocurrencies that doesn’t brand effectively and fails to differentiate from other projects won’t stimulate investors interest much. Even projects that have solid tech may struggle to build a long term value if the branding is poor. So good crypto branding is very much essential and any crypto project that lack a sense of legitimacy in …

The post ZenCash is now Horizen – Privacy cryptocurrency ZEN rebrands to Horizen appeared first on Coin Guides.

Staking “generated but not accepted” – PoS transaction: orphan / conflicted

coinguides — Mon, 13 Aug 2018 07:25:13 +0000

Proof of Stake (PoS) is an alternative to Proof of Work (PoW) consensus mechanism. Ethereum; which currently uses Proof of Work will soon update the network consensus protocol to Proof of Stake. Not just Ethereum but many popular Cryptocurrencies uses Proof of Stake consensus mechanism. Some of the well known coins are PIVX, PacCoin, Linda …

The post Staking “generated but not accepted” – PoS transaction: orphan / conflicted appeared first on Coin Guides.