Proof of Stake (PoS)

Cryptocurrency

Proof-of-stake is a consensus mechanism for cryptocurrencies that allows for the processing of transactions and the creation of new blocks on a blockchain. A consensus mechanism is a way of validating entries in a distributed database while also keeping it secure. In the case of bitcoin, the database is known as a blockchain. Learn more…

Nasdaq vs. S&P 500 vs. Dow: What’s the Difference?

Cryptocurrency

If you keep up with financial news, you’ve probably heard of the Dow Jones Industrial Average (DJIA), S&P 500, and Nasdaq Composite Index. On any given day, all three indexes are considered to be gauges of market performance. They’re also the foundation for a slew of investment products based on their daily price swings. Despite…

What is Dash Cryptocurrency?

Cryptocurrency

Dash was formerly famous as Xcoin when it launched in 2014. In March 2015, it relaunched as Dash after being rebranded as Darkcoin. It was built with the intention of ensuring user privacy and anonymity. The whitepaper for the cryptocurrency, co-authored by Evan Duffield and Daniel Diaz, defines it as a privacy-focused cryptocurrency based on…

What is Staking?

Cryptocurrency

Staking, like many things in crypto, may be a complex or simple concept depending on how many levels of understanding you want to uncover. The major lesson for many traders and investors is that staking is a method of collecting incentives for holding particular cryptocurrencies. Even if you’re just seeking to earn some staking rewards,…