Tagged "basics"
25 articles on this topic.
What Is Custody and Why It Matters
Who holds the keys determines who controls the asset. Everything else about safety follows from that one question.
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What Is Mining, Explained Simply
Computers competing to add the next batch of transactions, paid in new coins. Why it uses energy and what that energy buys.
buying and onboardingUnderstanding Order Books
The list of what people are willing to buy and sell at. Reading one takes five minutes and tells you more than any chart.
core conceptsWhat Is a DAO
An organisation whose decisions are made by token holders voting on-chain. What works, what does not, and what you are actually buying.
core conceptsUnderstanding Confirmation Times
Why a transfer takes minutes on one network and an hour on another, and why exchanges wait longer than your wallet does.
core conceptsWhat Is a Governance Token
A voting right, and frequently nothing else. What to check before treating one as an investment.
core conceptsWhat Is a Smart Contract? A Non-Technical Explanation
A smart contract is a program that runs on a blockchain and cannot be stopped once deployed. That is its entire appeal and its entire…
core conceptsWhat Is an NFT, Practically
A record on a chain saying an address owns an identifier. What that does and does not give you.
core conceptsWhat Is a Block Explorer and How to Use One
A free website that shows every transaction ever made. Three things a beginner can use it for immediately.
core conceptsGas Fees for Beginners: Why a Transaction Costs What It Costs
You are not paying for distance or amount. You are bidding for space in the next block, and the price depends entirely on how many others…