Guarda Academy

A decentralized exchange is an exchange that operates on the basis of a distributed ledger, does not store users’ funds and personal data on its servers, and acts as a simple search mechanism for orders to buy or sell user assets. Trading on such platforms takes place directly between participants without third parties.

The consensus is very important in all spheres of our lives, using it, the parties involved are willing to make decisions on important issues.

If you observe the dynamics of even the most popular cryptocurrencies like Bitcoin or Ethereum, it quickly becomes obvious how volatile they are. The main goal of stablecoins is to provide a consistent value over time.

At the beginning of February, following our clients’ continuous demands, Guarda has become the first-ever lightweight wallet to implement multi-signature technology for our Bitcoin wallet. This article will familiarise you with the term “Multisig”, the context behind it and its practical use.

Owing to the excessive volatility of the cryptocurrency market, the popularity of various exchange platforms is insane. Trading on the exchange can be truly exciting and even profitable but, unfortunately, when it comes to the security aspect, the situation doesn’t seem so bright.

We often say that cryptocurrencies are “stored” in wallets; However, this is technically incorrect. The funds are stored on the blockchain: that great decentralized book that is the foundation of the crypto world.

Nowadays almost everyone is talking about cryptocurrencies, their exchange rates, usability and so on. Even those who know nothing about the blockchain field try to participate in such discussions. What are all these people actually talking about?

There are almost no differences in usage between coins and tokens, an ordinary user won’t tell a difference between them, but for some people, it’s important to know whether they invest into a coin or a token, so let’s find out what’s up with those coins and tokens.