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Blockchain Basics

20 articles
Bitcoin vs. Bitcoin Gold vs. Bitcoin Cash vs. Bitcoin Satoshi Vision*Never mix addresses: BTC, BCH, BTG, and BSV are separate chains. Sending to the wrong chain’s address can permanently lose funds.  *Bitco...
Viewing your Private View KeyTo reveal the Private View Key for a Monero or Zano wallet in Edge: Open Edge and log into your account Tap on 'View Assets' or use the As...
Is Edge a Cold Wallet?Short Answer: No, Edge is not a cold wallet. It is a hot wallet, meaning it is connected to the internet and designed for quick access to ...
Understanding Solana Rent: Why Is Some SOL "Locked" in My Wallet?If you're new to Solana, you might notice a small amount of SOL that appears locked or unavailable in your wallet. This is due to Solana’s...
Total SupplyUnderstanding Total Supply in Cryptocurrencies: A Comprehensive Overview In the world of cryptocurrencies, the term "total supply" is a fu...
Alts, Memes, and MoreThere are many different terms for describing new cryptocurrencies and below are some general categories that are often used when speaking...
USDC vs. wrapped ETH USD.e on PolygonUSDC vs. wrapped ETH USD.e on Polygon: A Tale of Two Stablecoins Polygon has two versions of USDC:  USDC, native to Polygon, boasts direct...
What is Bitcoin Replace-by-Fee (RBF)?Replace-by-Fee (RBF) stands as a crucial mechanism that empowers users to modify unconfirmed transactions by increasing the transaction fe...
Tron: Fees, Resources, and StakingYou can reduce or eliminate blockchain fees on the Tron network, making it free to use for a handful of transactions each day!   Blockchai...
Pirate Chain (ARRR)Pirate Chain is a privacy-focused cryptocurrency that allows for secure and anonymous transactions, and it is based on the Zcash protocol....
What is Bech32?Bech32 is a new address format for Bitcoin and other cryptocurrencies that aims to improve the security and usability of sending and recei...
What is a Stellar (XLM) Memo ID?A Memo ID is generally used to tie a transaction to a specific sender so that the recipient will be able to identify to which the transact...
Why do I need a minimum balance of 1 Stellar (XLM) to open a wallet on Edge?When you first create a new Stellar XLM wallet, you’ll see a warning popup when you first enter the wallet about having a minimum of 1 XLM...
XRP Reserve Balance  All XRP wallets are required to maintain a minimum balance of XRP at all times. This requirement is part of the XRP Ledger’s Base Reser...
What is a Ripple XRP Destination ID?Destination Tags are used when a single address is receiving transactions from multiple users, like at an exchange. They are useful becaus...
What are Gas Fees?If you are running into an error in regards to seeing an insufficient ETH error when trying to send either ETH or an ERC-20 Token, you've ...
What is Cashaddr?Bitcoin Cash (BCH) forked from Bitcoin (BTC) it introduced a new address type called CashAddr. This was to reduce the chance of a user sen...
Why does it take a long time to send Monero?There are two main reasons for Monero transactions can take a long time to send. First, Monero transactions are very complex and require a...
What is a Monero Payment ID?Payment IDs are used when a single address is receiving transactions from multiple users, like at an exchange. They are useful because, un...
What's the difference between a Bitcoin Segwit wallet and a Bitcoin (no Segwit) wallet?Segwit stands for Segregated Witness. In short, Segwit separates the transaction signatures so that the transaction uses less data on the ...