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Author: CryptoPress

Tim Draper

Tim Draper: Bitcoin is simply a better money

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Tim Draper is an entrepreneur, venture capital investor, and spokesperson for all things related to bitcoin, blockchain, and decentralized finance. He is the founder of Draper Associates, Draper Fischer Jervidson, and the Draper Venture Network, and is recognized as one of the most prominent technology investors of the past 30 years. Some of the companies in which Tim Draper has invested include Hotmail, Skype, Tesla, Coinbase, Robin Hood,...

Bitcoin, Cryptocurrencies, People in crypto

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What is a cryptocurrency mixer

What is a cryptocurrency mixer?

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Crypto mixers combine several digital currencies to obscure their transactions, making them almost undetectable. Using a coin mixer allows non-anonymity-centric cryptocurrency users to mix their currencies with those of others, therefore avoiding the monitoring of such tokens by centralized institutions. The purpose of cryptocurrency mixers is to mix your cryptoassets with those of other users in order to execute innumerable...

Bitcoin, Blockchain, Cryptocurrencies, Ethereum, Featured, Guides

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Argentines rush to buy stablecoins after economy minister's resignation

Argentines rush to buy stablecoins after economy minister’s resignation

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Stablecoins rose in value over the weekend as a result of the peso’s steep decline in Argentina. The peso fell roughly 15% versus stablecoins DAI and Tether on many major local markets after Guzman’s departure. Over the weekend, the value of both stablecoins jumped from 245 pesos to 280 pesos. Consumers purchased up to three times as many stablecoins as normal over the weekend, according to major cryptocurrency exchanges, as...

Cryptocurrencies, Exchanges, Front page, News, Stablecoins

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Validator

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A validator is an entity that checks and approves transactions submitted by users and/or blockchain clients in the context of blockchain technology.  Each blockchain protocol has its own set of rules for what makes a validator and how these validators work. To execute on-chain transactions in a permissionless and distributed way, most decentralized blockchain networks use some type of validator node.

Glossary

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Utility Token

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Utility tokens are tokens that are expressly intended to assist people in using something. The usage of utility tokens is restricted to the ecosystem for which the utility token was created. Uber, for example, may one day issue its own utility token that users may use to pay for trips on the Uber network. Utility tokens aren’t meant to be used as investments. Filecoin is a utility token created to assist consumers to utilize the...

Glossary

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