Everything web3, crypto, defi, degen
Bitcoin is an invention that, for the first time in history, enabled a group of software users to create and manage a digital money supply outside the control of any government or bank. It helps to think of Bitcoin as a software protocol like those you interact with everyday – think SMTP (which helps route…
On January 3, 2009, the anonymous creator of bitcoin, Satoshi Nakamoto, launched the Genesis Block – the first block in the Bitcoin Blockchain. The event at the time wasn’t celebrated – it was arguably considered a blip in the long history of cryptography and digital currency – but today we know the Genesis Block was…
If you’ve ever tried to explain cryptocurrency to your relatives, you might have found it can be as difficult as trying to teach rocket science to a toddler. Most folks react with skepticism, ridicule or scorn when you try to explain the utility of decentralized digital currencies that have limited supplies and aren’t controlled by…
Bitcoin’s appetite for energy needs little discussion. For years it’s been a top-of-mind topic for regulators, a major concern among critics, and a frequently misreported feature of the protocol. The specific point of contention lies with bitcoin mining — a resource-intensive, cryptography-based competition that repeats approximately every ten minutes. Each winner is rewarded with transaction…
Over the last decade, countless critics have pointed the finger at Bitcoin as being nothing more than an intelligently-orchestrated Ponzi scheme. Detractors like Brazilian computer scientist Jorge Stolfi argue that the leading decentralized cryptocurrency bears all the hallmarks of a scam named after Italian swindler Charles Ponzi. The question whether or not cryptocurrency in general…
There’s a common misconception among prospective bitcoin buyers that only those with deep pockets can afford to access the market. However, this is simply not the case. Using exchanges like Kraken, people can buy as little as $10 worth of bitcoin (BTC). This is possible because there are smaller units of bitcoin, similar to how…
As the crypto industry rallies around the transparency of Proof of Reserves (PoR) audits, Kraken is encouraged to see a greater focus be placed on proof, rather than promises. However, as others rush to catch up, we have observed attempts by other platforms and exchanges to pass off diluted and misleading methodologies as a Proof…
Self-custody in crypto is the process of storing your own cryptocurrency using a digital or physical wallet, thereby removing it completely from any exchange or custodial partner. A self-custody wallet, also known as a non-custodial wallet, ensures that you and only you have access to your cryptocurrency. Self-custody also means you are responsible for your…
Kraken is excited to announce we have officially partnered with the University of Wyoming to launch a multi-year education effort designed to prepare the next generation for a digital asset-powered economy. This program marks Kraken’s largest ever commitment to furthering the study of Bitcoin and digital asset technologies, and represents a deepening of our presence…
July 31, 2020 | Crypto Education Need a place to direct friends and family just discovering crypto? Good news! Kraken is now live on Instagram. There, our expert team is making full use of the medium to dispense words of wisdom, product updates, educational resources and more. In other words, we’re striving to adapt the…
