The word “cryptocurrency” has two components to it – “cryptography” and “currency.” As you can imagine, cryptography is at the heart and soul of cryptocurrency. Asymmetric and symmetric encryption are the two main cryptography methods, and this guide breaks them both down. Read on for a fascinating insight into the world of cryptographic encryption!
The Macro View: Coronavirus & Dying Sovereign Currencies
We are currently watching the creative destruction and decline of the US empire before our very eyes. In enduring the onslaught of the ongoing COVID-19 coronavirus pandemic, the US is facing “a riddle, wrapped in a mystery, inside an enigma”. What’s more, the nation is pulling out all the stops in hopes of making America great again.
In the early days of cryptocurrencies, the MtGox case was often brought up as a cautionary tale among crypto-enthusiasts. Specifically, MtGox was the biggest Bitcoin exchange to undergo a hack where most funds were stolen. How can you trust Bitcoin if these things may happen? This argument, which is very often used against cryptocurrencies, is somewhat misleading both for non-users and new users. In fact, poor understanding of the MtGox events is often behind the lack of Bitcoin education and generally, of lack of understanding crypto currencies.
Ray Dalio is the founder of Bridgewater Associates, a global macro investment firm that is currently the world’s largest hedge fund earning a whopping $49 billion for its investors. A best-selling author, Mr. Dalio, regularly shares his knowledge through articles and videos. I will be focusing primarily on his latest piece, The Big Cycles Over The Last 500 Years, and the role Bitcoin could play should his projections prove to be accurate.
Cryptocurrency staking is a central concept for cryptocurrencies. In essence, it is the process of parking funds in a cryptocurrency wallet to support a blockchain network’s functionalities and operations. It usually consists of cryptocurrency locking so that the user can receive rewards. In most cases, the entire process depends on the users participating in the blockchain activities through any personal crypto wallet, something on the lines of Trust Wallet. The concept of cryptocurrency staking draws parallel to the Proof of Stake Mechanism (PoS).
Software engineers have been on a tear for the past decade. Salaries for those working in the tech field are soaring. Moreover, the advent of remote jobs means opportunities working for high-profile companies are opening up even to those living in comparatively remote areas. As such, virtually anyone with the determination and interest can now become a software engineer.
When it comes to building and hosting DeFi protocols, Ethereum pretty much rules the roost. As per DeFi Pulse, a staggering $872.20 million is locked up in Ethereum-based DeFi. However, as it turns out, Bitcoin has been making impressive leaps in the DeFi department themselves. In this article, we are going to go through some of these Bitcoin DeFi apps. Before we do so, let’s go through the basics first.
Decentralized Finance, also known as DeFi, is a quickly evolving and increasingly integral part of the blockchain space, especially on the Ethereum protocol. If proponents are correct, the technology could lead to greater financial autonomy among users while undercutting financial rent-seekers and reducing costs. During a time of unprecedented monetary policy and limitless quantitative easing, such an accomplishment has implications far beyond Ethereum and the DeFi space.
Many have speculated that 2020 will be the year that Privacy Coins take the crypto markets by storm. Whether due to stricter KYC requirements, political censorship, or physical safety, the need for a blockchain privacy solution has never been more urgent.
Absolutely. You can upgrade your plan at any time.
No worries, there are no long-term commitments or complicated contracts. If you decide that Moralis Academy isn’t right for you, you can cancel your account at any time.
No, you will be able to start your journey with a programming bootcamp where you will learn all the programming basics you need in order to continue with other courses. All you need is the right mentality.
The learning experience you get in the Academy cannot be compared to anything else out there. Youtube can bring you some of the information, even though it often is fragmented, outdated or hard to follow for beginners. We have spent the time to create a complete package that you can follow step by step, where we guide you by the hand and push you to learn and practice.
Regardless if you’re interested in switching career field, investing or just exploring cutting edge technology, the knowledge you’ll acquire here is unique, rare. After graduating from the Academy, you will be among the top 1% in terms of cryptocurrency and blockchain knowledge.
Read about our students success stories here
Are you interested in learning more about cryptocurrencies and blockchain? Good, on the Moralis Academy blockchain blog our experts cover everything there is to know about blockchain – from investing strategies to educational content. There is something for everyone here at Moralis Academy. We have over 500 informational articles that you can easily browse through with our added filters. Switch from DeFi, NFTs, and cryptocurrencies instantly or just use the search bar and find a specific article. Don’t be surprised by our constant inflow of crypto news as we cover the whole industry. We upload new content on a daily basis as the blockchain industry is continuously evolving. With us, you’ll always be ahead of the competition.
Whether it’s Ethereum news, Bitcoin news, or new altcoins, Moralis Acadamy is here to write about it. We cover everything from the top 10 list but also most of the lower market cap coins as well. The rankings are changing almost all the time with some having their own blockchain and different functions. It can be hard to monitor every corner of the crypto space but we at Moralis Academy make it easy for you. With just a click of a button, you can subscribe to our blog and get the latest posts sent to your email, and you don’t have to worry about staying up to date. If you feel that you gained something from our content, feel free to share the article and be part of growing the community together with Moralis Academy.
