#cryptobasics

It’s been only six months since Bitcoin NFTs were first launched, but they have already made quite a few headlines. When Ordinals were released in early 2023, they became an immediate trend. A couple of months later, however, they caused one of the biggest overloads in the history of the Bitcoin blockchain, which raised a debate on whether we need Bitcoin NFTs in the first place. So, what makes Ordinals so “un-ordinary”?

What is the number one skill to succeed in crypto? Technical knowledge? Financial literacy? We take a stand for critical thinking. The recent story with Tether and the Wall Street Journal has shown the importance of the not-believing-everything-you-read ability. Even if it’s a trusted media with a 3.5 million audience and a 130+ year history.

Can you make cryptocurrency work for you and earn passive income? There are several ways you can try, but in this article, we will focus on “staking”. How does it work, and is it safe? What staking methods are there to try? Let’s find out!

For years, blockchain technology was limited to using miners to confirm transactions. Miners would solve complex mathematical problems by trying to find a solution as quickly as possible. Such processes were slow and extremely energy-consuming, resulting in large bills and heat emissions.