Author: Crypto Guide
-
Why was Crypto Created
by
in Crypto 101Although Nakamoto remains a mysterious figure, his goal for creating cryptocurrency,1 in itself, was never a mystery. Simply put, he created it to take financial control back from financial elites, giving ordinary people a chance to take part in a decentralized financial system. Bitcoin remains open-source, meaning that no one has the power to own or…
-
OnRamp Crypto
by
in Crypto 101A fiat onramp is a service or platform that enables individuals to convert traditional fiat currency (like USD, EUR, etc.) into cryptocurrencies. These onramps act as gateways, allowing users to enter the cryptocurrency ecosystem by facilitating the purchase of digital assets using standard, government-issued currencies. Users typically register on these platforms, deposit fiat currency, and…
-
Air Gapped cold wallet
An air-gapped wallet, also known as a cold wallet or offline wallet, is a cryptocurrency wallet that is kept completely disconnected from the internet. Unlike hot wallets or online wallets, which are connected to the internet for transactions and balance inquiries, air-gapped wallets are kept offline for enhanced security. Key Characteristics of an Air-Gapped Wallet:…
-
Alternative Way to Pay
by
in Crypto 101Make the move to Decentralized finance (DeFi) and crypto payments. Pay who you want, for what you want AltWayPay is your source for Crypto OnRamp and Payment information. Enjoy our free articles, or start a membership for more detailed articles and guidance. The choice is yours.
-

Shamir Backup
by
in Crypto 101A Shamir Backup, specifically referring to Shamir’s Secret Sharing (SSS) scheme, is a cryptographic method for splitting a secret into multiple parts, known as shares. This scheme was developed by Adi Shamir, one of the co-inventors of the RSA algorithm. Purpose of Shamir Backup: The primary purpose of Shamir’s Secret Sharing is to enhance the…
-
What is a Non-Custodial Wallet?
A non-custodial wallet empowers users to be the sole custodians of their private keys and, consequently, their funds. Explore the 5 types of non-custodial wallets.
-
Arculus Wallet Review
The Arculus Wallet1 is a promising new addition to the emerging world of cryptocurrency cold storage solutions. Most crypto natives use centralized exchanges for their day-to-day trading and storage needs. While there is nothing wrong with trusting an exchange, these platforms are vulnerable to hacks and other malicious attacks. At the same time, most centralized…
-
The Genesis of Cryptocurrency: Unraveling the Motivations Behind its Creation
by
in Crypto 101Introduction: The advent of cryptocurrency has marked a revolutionary shift in the realm of finance and technology. Bitcoin, the first and most well-known cryptocurrency, emerged in 2009, introducing a decentralized and peer-to-peer form of digital currency. But why was cryptocurrency created in the first place? What problems was it designed to solve, and what motivations…
