It is officially tax season in many countries throughout the world—the United States included. This means that millions of people are taking the time to get their documents and investments for tax reporting, including their cryptocurrency. In this guide, we walk through five commonly asked questions about cryptocurrency tax to help you gain a better understanding of crypto-assets taxation.
You sure must have heard of Ethreum. It is the second most popular and valuable cryptocurrency after Bitcoin based on market cap. Ethereum has been around since 2013 and has initiated the blockchain 2.0 revolution by introducing smart contracts. In this article, we will try to understand how Ethereum mining works.
The buzz about Libra currency has been around since 2018 when Mark Zuckerberg decided to work on improving blockchain as part of his New Year resolution. In the following year, the blockchain was christened as Libra. So let's understand Libra cryptocurrency and blockchain.
To build applications on Blockchains such as Ethereum or Bitcoin, you need to have a running Node to access the blockchain. But these nodes are difficult to manage and require a dedicated device and resources. In this article, we will review QuikNode, a node-as-a-service provider.
A survey done by cybersecurity firm Kaspersky showed that 19% of people had purchased cryptocurrency globally. Today we will talk about the advantages, disadvantages, and risks of using cryptocurrencies. So let’s dive in.
In simple words, BFT lets a decentralized system function normally in an adverse situation when there is a malicious user in the system, or a fraction of the system fails. When the majority of users in a system are ethical personals (i.e., people who follow the rules), they can override the malicious work done by non-ethical individuals. So for a system to function normally, at least 51% of users should adhere to the rules set up in the system. This gives rise to consensus, which is the general acceptance of specific rules and regulations.
DeFi is the domain of financial services built using decentralized technologies. These services are financial primates, such as lending, borrowing, swap, trading, asset management, etc.
How can you build a decentralized future using centralized tools? However, this is what we are doing today in the case of centralized exchanges. Multiple decentralized exchanges (DEX) are trying to solve these problems. In this article, we will talk about Bisq.
It's been 10 years since the inception of Bitcoin, the first cryptocurrency. But there are a lot of questions still answered. Today we will discuss some of the most common crypto questions.
Let’s say you’re executing a lot of Ethereum transactions, some manually and some scripted. When the dust settles, you need to make sure that everything went perfectly because a lot is riding on it. What’s the best way to satisfy yourself that it all went down as planned?