Vitalik Buterin is one of the most important persons in the cryptocurrencies community. This Russian programmer co-founded Bitcoin Magazine and Ethereum, and he arose problems as the Scalability Trilemma. He is also behind of the change of Ethereum, from Proof of Work to Proof of Stake.« Back to Glossary Index
A node is every single computer where an updated and complete copy of the DLT network can be stored. Nodes are in charge of the validation of new transactions. When the nodes validate a new transaction, this is added to the network, and the nodes receive a copy of the updated network. This way, the […]
Cryptocurrencies are assets for interchange purposes, similar to the traditional money but 100% digital based, with no physical support. They use advanced cryptography to ensure the transactions and to control the issuance of additional units of money. In order to verify the transfer of the assets, they use Distributed Ledger Technologies (DLT) like blockchain.