Optimism is a layer 2 blockchain that aims to enhance the functionalities of Ethereum. Processing speed and gas cost are among the weak points in many blockchains. Improvements in these areas are needed to decongest the network and improve blockchain performance. Optimism and its technology have achieved this improvement in the Ethereum blockchain, in addition…
Category: Blockchain
Comparing Bitcoin or Etherium?
Bitcoin vs Ethereum. As Shakespeare’s classic would say: ‘That is the question’. And, indeed, that is the question if you are a cryptocurrency investor who, taking into account the volatility that characterizes this market, prefers to opt for assets that, due to their track record, provide you with more guarantees. Differences between Bitcoin vs Ethereum…
What is the seed phrase
Cryptocurrencies, unlike traditional currencies, are not backed by any central government or financial entity, but instead rely on a decentralized network of nodes that verify and validate transactions. Therefore, since they are not backed by any entity, a lot of emphasis needs to be placed on security. Therefore, one of the key features of cryptocurrencies…
What is Near?
Meet Near, the next generation blockchain that seeks a great goal: the total and definitive decentralization. History of Near In the quest for decentralization, Near and its ecosystem play a very important role, which started a few years ago and is still in full development today. Here we show you its journey: 2017: Illia Polosukhin…
NFTs taxes everything you need to know
What taxes are to be paid in relation to the sale and purchase of NFTs? We have to differentiate in order to be able to give an answer from which perspective or with what purpose the sale and purchase of CFTs is carried out. If we are simply users, who sporadically buy NFTs because we…
Best wallets for cryptocurrencies
If you want to store your cryptocurrencies in a safe place, it is best to buy a wallet that meets these characteristics. In addition, a wallet is not only used to store your cryptocurrencies in a safe place, but it also simplifies your cryptocurrency transactions, and now I will tell you why exactly. How cryptocurrency…
Hot purses or hot purses, which is better?
Cryptocurrency hot wallets are a popular option for storing and using digital currencies such as bitcoin, etherium, and litecoin. Although these wallets are connected to the Internet, making them more convenient for frequent transactions, they also pose a higher risk of hacking. In this article, we’ll look at the advantages and disadvantages of hot wallets…
How to create a portfolio or a wallet in MetaMask
Step 1: Download MetaMask Wallet The first thing you need to do is go to https://metamask.io/ and click “Download”. Choose your preferred browser or mobile app and install the MetaMask extension. MetaMask Wallet is compatible with native iOS and Android apps, as well as extensions for Chrome, Firefox, Brave, and Edge browsers. If the process…
How to do Ethereum 2.0 staking with Lido
Lido is a platform that allows you to staking Ethereum 2.0 with no minimum investment. What you need for Ethereum 2.0 staking in Lido The first thing you will need is a wallet compatible with Ethereum’s decentralized applications (Dapps). In CryptoNews we have made several tutorials on this type of wallets, such as MetaMask, Trust…
How to do bitcoin copy trading on Face2Trade? Here we explain it to you
Face2trade (F2T) requires its master traders to have a hedge fund to be used in case of copy trading failures to compensate copier users. F2T is a platform dedicated to social trading, specifically copy trading, with more than 50,000 traders and active 24 hours a day. On Face2Trade you can copy trading operations of bitcoin…