BRC-20 Tokens Explained
BRC-20 is an innovative token standard specifically designed for the Bitcoin blockchain, with a focus on fungible tokens.
What Are ERC-20 Tokens?
ERC-20 stands for “Ethereum Request for Comments 20”. It is a technical standard used for smart contracts on the Ethereum blockchain.
What Are Utility Tokens?
Utility tokens are a type of digital asset that provides the holder with access to a specific product or service.
What is a Block?
In simple terms, a block is a digital ledger or database entry that contains a list of transactions in a particular period of time.
What is Gas?
Gas in cryptocurrency, also known as “gas limit” or “gas price”, is a crucial concept that allows blockchain networks to function efficiently and securely.
What Is a Hardware Wallet?
A hardware wallet is a physical device designed to securely store private keys and protect cryptocurrency assets.
Bitcoin Mining Explained in a Simple Way
Bitcoin mining is the process of creating new Bitcoins by solving complex mathematical equations.
