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Bitcoin and Ethereum: what are the differences?

Jun 09, 2022

In crypto, it's still Bitcoin and the pack. Of that pack, Ethereum is the frontrunner. Both Bitcoin and Ethereum are already on the balance sheets of reputable institutions - although this is more common with Bitcoin. However, the fundamental differences between the projects are large. That's fine. After all, it gives them both a purpose.

What are liquidity pools?

Jun 08, 2022

Liquidity pools are the foundation of Decentralized Finance (DeFi). Anyone can deposit their crypto in these pools, creating liquid marketplaces for loans and trading.

Bitcoin wallet – How to use it and safely set it up

Jun 07, 2022

It is very important to manage your Bitcoin safely. All transactions are final and whoever has access to the private keys or the wallet seed holds the power to transfer your Bitcoins. Therefore, managing your own wallet is a huge responsibility that requires specific knowledge as well as the proper hardware and software to master the task. In this article, we will show you how it’s done, what a Bitcoin wallet is, and also like to introduce you to LiteBit wallet, which makes a couple of things easier if you are not a tech-savvy person.

What is a Bitcoin ATM?

Jun 07, 2022

A Bitcoin ATM or Bitcoin vending machine is a place where you can buy and sometimes sell Bitcoin. Think of these machines as crypto brokers with a physical location. Bitcoin ATMs are not as common as regular ATMs. There are over 1000 in the European Union.

What does FOMO mean?

Jun 07, 2022

FOMO is the abbreviation for Fear Of Missing Out. Anyone who has ever had the feeling of "I need to buy this, now!" can relate. The feeling is not always an omen of a good investment or trade.

Initial Dex Offering (IDO) explained

Jun 06, 2022

If a company is entering the stock market it is usually interested in starting an initial public offering or IPO. This is a concept that is very promising to both investors and companies. It offers the opportunity to buy shares at a fixed price before they start trading on the stock market. The company on the other hand is raising a lot of capital by selling these shares and has the chance to increase its liquidity. When the Ethereum blockchain was born it became fairly easy to program a smart contract and issue tokens in the same manner as shares are issued during an IPO. In effect, IPOs became decentralized and even more important tokenized. What are initial dex offerings? What do they offer and which risks and chances do they carry?

Four trading strategies for crypto

Jun 03, 2022

The difference between investing and trading exists in crypto just as much as it does in traditional markets. Although the jargon is sometimes different, the bottom line is the same. Do you want to time the market or rather not worry about the short-term price? But if you want to trade, on what timeframe?

How to send Bitcoin

Jun 02, 2022

Sending Bitcoin is really not that different from sending any other digital money. You do it when you want to pay someone or, for example, to move your Bitcoin between two of your own wallets.

What is Optimism? The scaling solution explained

Jun 01, 2022

Ethereum still has a hard time scaling. More dApps and more users are competing and this does not only increase transaction costs but also the time to execute transfers on the blockchain. Ethereum has become the second-largest blockchain after Bitcoin and is the market leader in terms of total value locked on its chain.

Bitcoin for beginners

May 31, 2022

Bitcoin is digital money. But that statement is like saying the internet is a sort of library. We have to start somewhere but there is so much more to say! Another try: Bitcoin is digital money that is not under the control of any government.

What is the difference between Bitcoin and Ripple (XRP)?

May 30, 2022

Distributed ledger technologies are not all the same and they work in different ways. In fact, most of the technologies that have emerged over the last few years have been developed with the goal in mind to be different from other already existing projects. At the end of the day, if you like to achieve more speed or more security than the DLT solution that is already available, you have to do things differently otherwise you would end up in the same place. With the hype around Bitcoin, many other DLTs have emerged and this has caused a lot of confusion among many investors and especially beginners. Since Bitcoin was the first cryptocurrency on the market, other cryptos often get compared with Bitcoin. Sometimes this isn’t really helpful because one cannot compare things to each other that are very different at the core of their being. This is why in this article we are going to explore the difference between Bitcoin and Ripple instead of looking at the very few similarities.

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