Tag: bitflyer academy

Oct 21 2020

What is Ethereum?

Oct 21 2020 Published at bitFlyer Europe under tags  bitflyer academy

Ethereum is the second-largest blockchain-cryptocurrency platform after Bitcoin, in terms of market capitalisation. It was conceived by Vitalik Buterin—then 19 years old—and formally launched in 2015....

Oct 12 2020

Why are companies buying Bitcoin?

Oct 12 2020 Published at bitFlyer Europe under tags  bitflyer academy

COVID-19 has greatly impacted the global economy as it has spread. Stocks significantly fell in March 2020. As we’re writing this in September 2020, the S&P 500 hit a record high at the beginning of the month, but this is caused by central banks around the world printing more money and dropping interest rates to zero....

Sep 23 2020

What can you do with Cryptocurrencies? — An in-depth guide for beginners

Sep 23 2020 Published at bitFlyer Europe under tags  bitflyer academy

Alongside their rising popularity, there is an increasing confusion regarding how to use cryptocurrencies. Through this article, we intend to solve this problem by explaining the three major ways in which you can use cryptocurrencies—Buy & Hold (HODL), Trade, and...

Sep 15 2020

Changes and price fluctuations of Bitcoin and gold

Sep 15 2020 Published at bitFlyer Europe under tags  bitflyer academy

Bitcoin is often compared to gold, earning it the nickname, "digital gold". In our previous post, Is Bitcoin digital gold? Why Bitcoin is said to be...

Sep 10 2020

Blockchain & Cryptocurrency Projects that are Changing the World

Sep 10 2020 Published at bitFlyer Europe under tags  bitflyer academy

Twelve years after Bitcoin’s release, the blockchain-cryptocurrency industry is still in its nascent stages. Nevertheless, it is evolving fast, with new innovations emerging on the scene almost every other day.When it comes to the mass adoption of...

Sep 09 2020

What is Cryptocurrency Mining?

Sep 09 2020 Published at bitFlyer Europe under tags  bitflyer academy

In the absence of a central governing authority, blockchain-cryptocurrency economies use computerised protocols to secure their networks. Since blockchains are immutable— once data is added, it cannot be changed or removed—it is vital that only valid transactions get added to the chain....

Sep 03 2020

Learn about Blockchain Forks and how they create new cryptocurrencies

Sep 03 2020 Published at bitFlyer Europe under tags  bitflyer academy

Introduced formally with Bitcoin’s release in 2008, blockchains are fairly new. Given its nascent state, the technology is constantly evolving. Innovations are driving this domain, with structural and functional changes happening almost every other day.As such,...

Sep 01 2020

Is Bitcoin digital gold? Why Bitcoin is said to be more like gold than currency

Sep 01 2020 Published at bitFlyer Europe under tags  bitflyer academy

Bitcoin is more like a commodity than a currency. Bitcoin has been called digital gold. Although Bitcoin has been called a virtual asset, it has more in common...

Aug 17 2020

How smart contracts shape Ethereum

Aug 17 2020 Published at bitFlyer Europe under tags  bitflyer academy

What is a smart contract? How can Ethereum be used?Ethereum is the cryptocurrency with the second largest market capitalization behind Bitcoin. Ethereum is well known for serving as a platform that uses...

Aug 14 2020

5 things to consider when investing in cryptocurrency

Aug 14 2020 Published at bitFlyer Europe under tags  bitflyer academy

1\. Learn about the currencyFirst of all, it is important to learn about the cryptocurrency that one is considering investing in.It may sound obvious, but virtual currencies are not...

Jul 23 2020

Cryptocurrencies vs fiat: What you need to know

Jul 23 2020 Published at bitFlyer Europe under tags  bitflyer academy

As the name suggests, cryptocurrency is a type of digital or virtual currency that works well as a medium of exchange. These are based on a P2P (peer-to- peer) network that does not need an intermediary to carry out any financial transactions, unlike in the case of traditional Fiat currencies. Additionally, cryptocurrency is...

What are the use cases of Blockchain technology and cryptocurrencies?

Jul 23 2020 Published at bitFlyer Europe under tags  bitflyer academy

Learn more about the usage of blockchain and cryptocurrencies in this explanatory video down below:...

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