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Cryptocurrency
What is cryptocurrency?
It is a form of payment that can be exchanged online for goods and services.
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Newbie
What are tokens? Is it equal to cryptocurrencies?
Other than cryptocurrencies, tokens consist of utility tokens, stable coins, security tokens, NFTs etc.
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Why should you care about cryptocurrencies?
Let's face it: you should care because everybody does. You are too curious to not learn more about it and that's why you are following this page.
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Newbie
How to invest in cryptocurrency?
A cryptocurrency broker or exchange which can convert "fiat currency" into crypto and also a "wallet" is needed.
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Wallet
What is virtual asset?
Virtual asset refers to a digital representation of value that can be digitally traded, or transferred, and can be used for payment or investment purposes.
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What is crypto custody?
Virtual asset refers to a digital representation of value that can be digitally traded, or transferred, and can be used for payment or investment purposes.
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What is crypto Third-party custody?
Third-party custody provides the greatest level of security and is well suited to professional investors and institutions.
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What are some tips to keep your wallet safe?
Here are our top tips on how you can secure your crypto wallets and reduce the chances of getting compromised
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NFT
What does it mean to own NFTs?
The NFT is like a digital certificate of ownership documenting the purchase of the underlying asset.
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Newbie
What are CC0 NFT Projects?
CC0 refers to as “Creative Commons Zero”, it essentially means that the author of a work of art or other creative work has waived all intellectual property rights in it.
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Why does NFT have value?
NFT represents a digital certificate (or record) stored on the blockchain which records the ownership and relevant rights in an underlying asset.
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How is NFT a game-changer for creators?
The emergence of non-fungible tokens has caused a real stir in the global art market, with a buzz ...
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Web 3 & Defi
What is metaverse?
A combination of the virtual reality and mixed reality worlds accessed through a browser or a headset, which allows people to have real time interactions and experiences across distance.
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Web 1.0, Web 2.0 & Web 3.0 Explained
From Web 1.0 to 3.0, it expands the coverage from READ to WRITE and now CREATE.
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What are the advantages of Web 3.0?
It includes data privacy & control, seamless service, transparency and open accessibility to data.
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What is Decentralized finance (“DeFi”)?
Decentralized finance is a peer-to-peer financial service on blockchain.
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Newbie
What is the goal of DeFi?
It is to create a financial market that is open, trusted and is devoid of permissions. Some said it is to get rid of financial intermediaries.
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What is DAO?
Decentralized Autonomous Organization (“DAO”) is to collectively make decisions and govern the organization.
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What are the examples of DAO?
ON1ON learning page lists out 4 examples of famous DAO for your reference: Pleasr.org, Uniswap, Moloch, Bored Apes Yacht Club
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Blockchain Technology Deep Dive
What is blockchain?
Blockchain is a shared, immutable ledger that facilitates the process of recording transactions.
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What are the layers of blockchain?
Blockchain technology is a unique amalgamation of several technologies that operats in tandem to keep the system working smoothly.
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What is hard fork?
A hard fork, as it relates to blockchain technology, is a radical change to a network's protocol that makes previously invalid blocks and transactions valid, or vice-versa.
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What is block time and difficulty adjustment?
Block time is the time required to create the next block in a chain. The expected block time in bitcoin is 10 minutes.
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What is hash rate, mining rewards and transaction fees?
Hash rate is a measure of the number of hash operations done in each amount of time.
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Why does bitcoin have value?
Bitcoin demonstrates some attributes for a currency, but its main source of value lies in its restricted supply and increasing demand.
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Newbie
How are new bitcoins created?
Bitcoins are created through a process called “mining”. Miners are required to solve a complex mathematical puzzle before allowed to broadcast new transactions on blockchain.
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Why is bitcoin so volatile?
It has to do with the uncertainty of bitcoin as a viable form of currency.
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