Digital Currency Terminologies
ACH - ACH payments are electronic payments made from one bank to another through the Automated Clearing House network. Many people already use ACH payments and may not know it, such as with direct deposit or paying bills online with checking accounts...
A cryptocurrency is a form of digital money. While a traditional currency is recognised by the law of the country that issues it - this is known as legal tender - a cryptocurrency is not tied to or certified by any government.
Cryptocurrencies are getting a lot of attention, but there’s just as much buzz around blockchain.
There’s a very good reason for this - cryptocurrency and blockchain are an essential duo. If th...
Bitcoin, the world’s first cryptocurrency, is something of a trailblazer. Some would argue that Bitcoin has the potential to completely change the way the world views money - so if you want to become an expert on cryptocurrency, gettin...
Ethereum isn’t a cryptocurrency – it’s the name of the network that is powered by Ether (ETH), which is itself the world’s second largest cryptocurrency by market cap after Bitcoin.
Litecoin is a decentralised cryptocurrency created in 2011 by ex-Google employee Charlie Lee. At this point, you could certainly be forgiven for thinking “oh, another decentralised cryptocurrency, whoop-dee-doo”, but it’s d...
In our first lesson, ‘Cryptocurrency Explained’, we discussed how cryptocurrency blockchains help to provide transactional anonymity. Remember that there are over 1000 cryptocurrencies available though and the degree of privacy d...
Launched in 2012, Ripple is a cryptocurrency that tears up many of the rules that define cryptocurrencies. In fact, some would argue that it’s not a true ‘cryptocurrency’ at all.