Centralized and decentralized networks
Decentralization is seen as blockchain’s ultimate attribute as it has many advantages over traditional centralized systems for storing information. Why is that so? And what does it even mean, if we say that a system is centralized or decentralized?
Weekly News Roundup – 12 Jul 2021
Bitstamp extended crime insurance policy with Paragon, Ethereum London hard fork coming up on 4 Aug, stablecoin firm Circle which operates $USDC to go public, Visa’s crypto partnerships grew by 43% in four months, and more.
What is blockchain?
The idea of the blockchain has existed for over a quarter of a century, but it was popularized by the mythical founder of Bitcoin, Satoshi Nakamoto. No one knows who Satoshi is or if he is even a real person. All we know is that someone using that name made a revolutionary breakthrough.
We’re extending our crime insurance policy
Bitstamp is expanding insurance coverage of online-stored assets to supplement the existing insurance of assets held in cold storage. This largest Multi-Sig digital asset crime placement in the insurance market goes along with our reputation as one of the most trustworthy platforms in crypto.
How does a crypto exchange work?
An exchange is a place where individuals or companies can trade currencies, securities, commodities and more. A cryptocurrency exchange allows you to easily trade one cryptocurrency for another (that’s a crypto-to-crypto exchange) or fiat money for cryptocurrencies (a fiat-to-crypto exchange).
How do cryptocurrency transactions work?
To transfer cryptocurrencies like bitcoin, a fundamentally different infrastructure is needed from traditional payment systems. Simply put, a cryptocurrency transaction is a transfer of information made between blockchain addresses.
Weekly News Roundup – 5 Jul 2021
World's biggest interdealer broker to launch crypto trading platform for institutional investors, Morgan Stanley fund holds more than 28,000 shares of Grayscale’s Bitcoin Trust, a new German law could allow $415B investment into #crypto, and more.
Flare airdrop – current update
With due date for Flare tokens airdrop approaching, we want to update our community on how and when the Flare tokens will be received.
Trustlessnes and security on blockchain
When you buy something, you rely on someone to authorize that you’ve paid for the product or service. In traditional exchanges, this someone is a third party who enjoys the trust of everyone involved in the transaction.
Withdrawal fees for Ethereum decreased
We are further reducing our withdrawal fees for Ethereum. The Ethereum withdrawal fee at Bitstamp is now ...