Ethereum’s Constantinople Update & Difficulty Bomb

Not too long from now, Ethereum will get another update.It’s called Constantinople and will bring some much needed upgrades to improve the performanceof the Ethereum blockchain and it will also address the problems related to the difficultybomb and miner rewards.The update is rather intensive and will break backwards-compatibility, meaning that it willcome into existence with […]

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IPFS: Interplanetary file storage!

Today, the internet is such an important tool in our everyday life.We use it to consume media, to communicate with friends and colleagues, to learn, tohandle our finances and much more…But the web as we know it has a problem: the information on it is centralized.It’s all stored on big server farms like this one […]

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Bitcoin is worthless (but so is your “real” money)

Bitcoin is worthless (but so is your “real” money)

Hi, my name is Xavier, and when I talk about cryptocurrencies, I often get comments sayingthat Bitcoin, Ethereum, and others aren’t worth anything.That people are just artificially creating its value.And you know what, that’s true.I also hear that they’re not real because it’s only virtual money, not physical.That’s true as well.But in this video, I […]

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Cardano – Simply Explained

Cardano – Simply Explained

Right now there are countless of cryptocurrencies that you can buy.But recently, we’ve seen something called Cardano getting a lot traction.But why is Cardano so popular all of a sudden?What makes it so special compared to other crypto’s?Well let’s find out..Cardano is a new cryptocurrency platform that was launched in September 2017 after morethan 2 […]

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How Bitcoin Wallets Work (Cryptowallets Simply Explained)

How Bitcoin Wallets Work (Cryptowallets Simply Explained)

In the past, I’ve made quite a few Simply Explained videos on how blockchains and cryptocurrencieswork.And there are a few questions that keep coming, like: how do wallets work?You see, to use a cryptocurrency, you need a wallet to store your virtual coins.And just like a bank account, it has a unique address.It looks somewhat […]

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Proof-of-Stake (vs proof-of-work)

Proof-of-Stake (vs proof-of-work)

Hi there!My name is Xavier and you might have read articles online saying that cryptocurrencieslike Bitcoin uses enormous amounts of energy to secure their networks.But why is that – and more importantly – what are the alternatives?Mining new coins takes a lot of computing power because of the proof-of-work algorithm.The idea was first introduced in […]

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ERC20 tokens – Simply Explained

ERC20 tokens – Simply Explained

We all hear about ERC20 tokens but what are those tokens and most importantly: what arethey not?To start with, let’s quickly go over some basics: ERC20 tokens exist on the Ethereumplatform and that in itself consists out of a blockchain that is capable of storing transactionsand a virtual machine that is capable of running smart […]

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How The Stock Exchange Works (For Dummies)

How The Stock Exchange Works (For Dummies)

What is the Stock Exchange and how does it work?The Stock Exchange is nothing more than a giant globally networktend to organize the market place where every day huge sums of money are moved back and forth.In total over sixty trillion (60,000,000,000,000) Euros a year are traded.More than the value of all goods and services […]

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IOTA’s Tangle – Simply Explained

IOTA’s Tangle – Simply Explained

When Bitcoin was first released to the world in 2008 it started a revolution.People claimed that the blockchain would solve many problems and that it has countless ofapplications.Blockchains indeed have very interesting properties and you can learn all about them in this videohere.However they have one big limitation and that is that don’t scale very […]

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How does a blockchain work – Simply Explained

How does a blockchain work – Simply Explained

Blockchains are incredibly popular nowadays.But what is a blockchain?How do they work, what problems do they solve and how can they be used?Like the name indicates, a blockchain is a chain of blocks that contains information.This technique was originally described in 1991 by a group of researchers and was originallyintended to timestamp digital documents so […]

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