What Is File Transfer Protocol (FTP)? The term “file transfer protocol (FTP)” refers to a process that involves the transfer of files between devices over a network. The process works when one party allows another to send or receive files over the internet. Originally used as a way for users to communicate and exchange information

What Is a Genesis Block? A Genesis Block is the first block in a cryptocurrency blockchain. A blockchain consists of a series of blocks that store information related to transactions that occur on a blockchain network. Each block contains a unique header and is individually identified by its block header hash.  These blocks are chained together by

What Is Cryptocurrency Difficulty? Cryptocurrency difficulty is a measure of how difficult it is to mine a block in a blockchain for a particular cryptocurrency. A high cryptocurrency difficulty means it takes additional computing power to verify transactions entered on a blockchain—a process called mining. Cryptocurrency difficulty is a parameter that bitcoin and other cryptocurrencies use to keep the average time

What Is a Cryptocurrency Block Header? A block header is used to identify a particular block on an entire blockchain and is hashed repeatedly to create proof of work for mining rewards. A blockchain consists of a series of various blocks that are used to store information related to transactions that occur on a blockchain network. Each of the blocks contains

What Is a Target Hash? In cryptocurrency mining, a target hash is a numeric value that a hashed block header must be less than or equal to in order for a new block to be awarded to a miner. Block headers identify individual blocks in a blockchain. Cryptocurrency mining refers to the process of gathering cryptocurrency as a reward for

While Bitcoin is the top cryptocurrency based on the value of its coins in circulation, Ethereum is no slouch. With a total value of over $230 billion, it’s the second biggest cryptocurrency by market capitalization. Here’s how to get started buying Ether, the official name of the token that runs the Ethereum platform. What is Ethereum? Ethereum

Bitcoin (BTC) has seen meteoric growth in recent years. In May 2016, you could buy 1 BTC for about $500. As of January 2024, a single Bitcoin is hovering around $40,000. That’s growth of approximately 7,900%. Some analysts believe the price of Bitcoin (BTC) could rise even further as cryptocurrency and blockchain technology become a bigger part of

If you want to buy Bitcoin, you’ll need at least $38,000 to buy a whole coin. But if you invest in Shiba Inu (SHIB), you can buy more than a billion Shiba Inu for the same amount of cash. Shiba Inu is one of several cryptos that are called “meme coins,” thanks to their origins in

Singularity years, crypto skeptics and believers alike have decried the lack of mainstream use cases for blockchain technology. Thousands of decentralized applications have been deployed, but mainstream use cases are scarce. That may be about to change. A singularity, a point of infinitely dense matter, is theorized to have caused the Big Bang when one