Guarda Academy
Learn about blockchain, cryptocurrencies, DeFi and wallets. Guarda team prepares articles on the most relevant data for crypto newcomers as well as advanced users.
Blockchain
What is Binance Smart Chain?
Binance Smart Chain (BSC) is a blockchain that runs in parallel with the Binance Chain. Unlike Binance Chain, BSC has smart contract functionality and compatibility with the Ethereum Virtual Machine (EVM). Binance Smart Chain is based on a system with up to 21 Proof-of-Stake-Authority (PoSA) consensus validators, that requires minimal block validation time and offers much lower fees.
Who are WallStreetBets, Elon Musk, and what is the crypto meme?
Low-income retail investors, hedge funds, institutions, corporations, commissions, and panicked brokers; you might expect to find these terms in the script for a new Hollywood movie such as The Big Short or The Wolf of Wall Street.
How to stake Ethereum on Guarda?
Guarda Wallet launched its own ETH staking pool. Now, to receive rewards for ETH staking you don't need to stake 32 ETH - with Guarda ETH staking pool you can start earning rewards with only 0.1 ETH.
Bitcoin Cash Split 2020 | BCH Hardfork
In order to avoid losing funds, you can split your address Guarda BCH Split functionality and automatically get two separate addresses with current balances.
What are Atomic Swaps & Why do we need them?
Atomic swaps can be implemented both on-chain - between two blockchains, and off-chain - outside the blockchain. The concept of cross-chain trading is innovative. Daniel Larimer introduced the P2PTradeX protocol considered to be the first prototype of the atomic swap in 2012. The communities of Bitcoin, Litecoin, Komodo, and Decred have played a significant role in the development and growth of this technology.
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What are softforks and hardforks?
In the field of cryptocurrencies, hardforks and softforks are in the focus of considerable discussion among community and investors.
Types of Consensus Algorithms
Blockchain projects are decentralized and do not have any central authority within the network so consensus algorithms are important for them.
What is Ethereum 2.0 (Serenity)?
The Ethereum network has become very popular in the world of cryptocurrencies and is currently processing large volumes of transactions. In order to continue the growth of the network, node operators are forced to increase their computing power, which can lead to centralized control.
What is Bitcoin halving? What to expect?
The Bitcoin Halving 2020 is the most expected event in the crypto industry. The Crypto community could expect a possible Bitcoin growth model that predicts a new peak after the 2020 halving.
Tether & the Future of Stablecoins
The crypto market is highly volatile. Stablecoins, including Tether, are bound to solve this issue and offer a crypto asset that is like cash.
What is staking and how it works?
Staking is a thing everyone hears about quite often in the world of blockchain. In general, it’s very close to a bank deposit.
What Are the Network Fees in Blockchain?
As you might already know, transactions in cryptocurrency come with fees presented by the network. It happens that the services take their transactional fees for sending and receiving cryptocurrency but in the case of a non-custodial wallet like Guarda this does not happen. So, the question is – how are the fees calculated and what are we all paying for when sending cryptocurrency transactions?
What is a smart contract and how to use it?
A smart contract is a digital protocol that ensures that a contract is automatically executed when the agreed conditions are met. Smart contracts allow you to process transactions without requiring a third party to verify or enforce the agreement. Agreements are traceable and irreversible.
What is decentralization?
Nakamoto marked the beginning of an evolutionary model, not only from an economic but also from a political point of view.
What is Blockchain in Simple Terms?
Blockchain is a technology that allows you to transfer digital data with a very complex coding system and in a safe way. At the most basic level, the blockchain is a chain of digital information blocks in which information (“block”) is stored in a public database (“chain”).