Your whole crypto portfolio could go to zero! The crypto industry is a big but still evolving space with high price volatility which could greatly take users' portfolio north or south. Today, we'll be talking about stablecoins, how they work and their crucial role in the space. Here's a sneak peek of what we'll cover in this article: • Why are stablecoins needed? • What are stablecoins? • Types of Stablecoins • Uses of Stablecoins • Notable Stablecoins • Are stablecoins really really stable? • .
1.8 TRILLION DOLLARS!!! That's the total market capitalization of the entire crypto industry. Why this much value? Why this much traction? You've heard of Bitcoin, Ethereum and many other cryptos. Do you know what they are and how they actually work?
Here's a sneak peek of what we'll cover in this thread: • Pain Points in our traditional banking system • The solution — Cryptocurrencies • Performing a crypto transaction • How to purchase your first cryptocurrency • ...and many more.
I'm not going to bore you with all the technicalities and code, just a good summary of the concept of blockchain technology.
Here's a sneak peek of what we'll cover in this thread: • What is blockchain technology? • Properties of a blockchain • How does a blockchain work? • Utilities of blockchain technology • ...and many more!
So let's dive right in!!
💎What is a blockchain?
A blockchain can simply be defined as a digital ledger of transactions maintained by a peer to peer (P2P) network of