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Consensus Algorithm

Introduction A consensus algorithm is a mechanism that allows users or programs to coordinate in a distributed network. It should guarantee that all participants in the system agree on the current state of data, even if some agents fail. In other words, the system must be resilient to failures. In a centralized system, a single entity has control over the entire system. In most cases, they can make changes at their discretion because there is no complex governance system to a

5 min read

What is technical analysis?

Technical analysis (TA), often referred to as chart analysis, is a type of analysis aimed at predicting market behavior in the future based on previous price and volume data. The TA approach is widely applied to stocks and other assets in traditional financial markets and is also an integral part of trading digital currencies in the cryptocurrency market. In contrast to fundamental analysis (FA), which considers a multitude of factors surrounding asset prices, TA strictly foc

5 min read

What is a spot market?

Spot trading involves the direct purchase and sale of various financial instruments and assets, such as cryptocurrencies, forex, stocks, and bonds, with the delivery of the asset typically taking place immediately. This type of trading occurs on spot markets, which can be either exchange-traded or over-the-counter (where traders trade directly with each other). It is important to note that in spot market trading, only assets that you own are used, without the use of leverage

6 min read

What are "grey" exchanges and why should they be avoided?

"Grey" exchanges in the cryptocurrency world allow traders to trade through accounts on other exchanges. They do not conduct operations themselves but act as intermediaries between users and other service providers. Exchanges may also provide access to services that are not available on a specific exchange, such as international transfers. In the cryptocurrency world, such "grey" exchanges may have easier verification procedures and may not have proper anti-money laundering m

4 min read