Category: Money

Money

8.3 Coins, Tokens, NFTs: Non-Fungible Tokens (Part 3 of 3)

NFTs address the need for scarcity, uniqueness and proof of ownership in an increasingly digital market where most digital items can be replicated or sold infinitely. By contrast, NFTs tokenise digital or real world assets and this token can only be owned by one person at a time.

Read More »
Initial Coin Offering

9. Initial Coin Offerings

ICO is a popular fundraising model among companies, primarily start-ups, that are developing their offering of products and services, usually related to the blockchain space.

Read More »
Money

11. Digital Wallets

A blockchain wallet (e-wallet) is a tool that you use to interact with a blockchain network. It is a digital wallet that allows users to store and manage their digital money (tokens or cryptocurrencies). A blockchain wallet allows the transfer of cryptocurrencies between users, and it has the ability to convert them back into a user’s local currency.

Read More »
Money

Your Treasure Chest

Your treasure chest – Telos Wallet When starting on this journey into the world of blockchain and the broader tokenomics, it can be quite confusing

Read More »

OTHER ARTICLES...

Getting Started

1. Decentralisation

Decentralisation and decentralised networks can be compared to the ocean – it offers endless possibility and freedom of choice. Decentralisation puts the power in the hands of many; distributing the power among all the members of the community (or network).

Read More »
Getting Started

3. Distributed Ledger Technology (DLT)

A distributed ledger is simply a database that exists across several locations (scattered) and among multiple participants (called nodes) across a large network of computers at the same time.

Read More »
Getting Started

4.1 Blockchain as a type of DLT (Part 1 of 2)

Blockchain is part of a suite of DLTs that can be programmed to record and track anything of value. Blockchain is essentially a shared database filled with entries that must be confirmed (verified) and encrypted. Blockchain is built around cryptography, and cryptography enables the sharing of information in the presence of adversaries.

Read More »
Getting Started

4.2 Blockchain as a type of DLT (Part 2 of 2)

If we have consensus as a sailing crew, then we all agree on the route we will take, so consensus is agreement and mutual approval. The blockchain establishes an agreement between all the participants in the network to determine who in the network is allowed to append a block to the chain.

Read More »
Getting Started

5. Public vs Private Blockchains

Blockchain structures generally fall into three categories [3]; public, private and consortium (hybrid) blockchain architectures. Before we get into the specifics of each category, there are two things to know.

Read More »