Ask an Expert: What is the difference between a public and private blockchain?

Join our resident expert, Taylor Gerring, as he explores the differences between public and private blockchains. He dives into the differences between public and private blockchains, compares them, and ultimately answers which type of blockchain he expects to see in the future.

While public blockchains provide great transparency, private companies allow independent organizations to implement blockchain technology without giving up any privacy. Check out this video for all the similarities and differences between the types of chains!

Be sure to check out our What is a Blockchain guide if you want more information, and our other episodes of Ask an Expert for all those questions you need answered! And if you ever have any questions you want to ask an expert, contact us here!

Ask an Expert: Ethereum’s Metropolis Hardfork – What is it?

Watch our resident expert, Taylor Gerring, break down Ethereum’s latest hard-fork, Metropolis. Taylor goes over the new update to the Ethereum platform and the changes it’s set to bring, including: added information on receipts, updates to the EVM protocols, and increasing the overall mining difficulty in the shift to proof-of-stake. Check back for the latest episodes of Ask an Expert to stay on top of all things Blockchain!

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Ask an Expert: What is an ICO?

Curious about the debate around Initial Coin Offerings – ICO’s? Join us ask we ask our resident expert, Taylor Gerring (and a special guest!), for a rundown on the crowd investing phenomenon that has taken the cryptocurrency community by storm! Are ICOs worth the risk? Check out the video to find out! And then explore some of our ICO or NO series, where we give you the run down on specific ICO projects in the making.

Ask an Expert: How do I keep my cryptocurrency secure?

Cryptocurrencies are gaining in popularity and is leading everyone to ask the same question: How can I keep my cryptocurrency safe? Taylor goes into the steps you take to make sure your crypto is safe and secure, all while maintaining control over your own wallet and funds.

The prices of tokens has soared lately, and I want to add some extra security. What are my options?

It’s great that you’re thinking about the future and how you can protect your cryptocurrency. The first thing to know is that there are varying levels of security with tradeoffs in terms of convenience. Many people use a hosted service, such as Coinbase, however these are custodial services where you don’t actually control the coins. If your account is shutdown for any reason, you have no actionable recourse outside the court system. That’s why blockchain enthusiasts prefer to control their own coins.

What are Hierarchical Deterministic (HD) Wallets?

Securing your cryptocurrency is an essential factor of participating in blockchain technology networks. This Ask an Expert reviews HD wallets, which created a greater security for your crypto tokens. Taylor explains it below and some of the important aspects of HD wallets. You can read the script from the video below! Be sure to like this video if you enjoyed it, and subscribe to our YouTube channel for more Ask an Experts!

What are HD wallets?

Hierarchical Deterministic (or HD for short) is way of automatically generating new payment addresses based a series of special calculations.

Ask an Expert! Bitcoin & Ethereum: What’s the difference?

Wondering about the difference between Ethereum and Bitcoin? Get the answer with our resident expert, Taylor Gerring. Taylor dives into the two most prevalent blockchains, Ethereum and Bitcoin and the unique fuctions and purposes of each platform.

Additionally, Taylor explores the scaling issues that both blockchains are facing or will face in the future.
Check out our video and the script below! And don’t forget to check out the other “Ask the Expert’s”!

Ask an Expert: What is Ethereum gas and how is it different from Ether?

Ethereum gas is a core component of Ethereum’s blockchain network. In this episode of Ask an Expert, our blockchain expert Taylor explains what Ethereum gas is, and how it differs from Ethereum’s cryptocurrency: Ether. Check out our video, and see below for the script for this video episode! Stay tuned and subscribe as we update and add more Ask an Expert episodes to Youtube!

What is Ethereum gas?

Ethereum gas is an internal unit of account for transactions on the Ethereum network. The total units required to run a transaction is multiplied by a gas price to yield the total transaction fee. This is like filling up a petrol car with gas to go on a trip. Ethereum gas price is expressed as “Ether per unit of gas”, similar to how fuel stations list the price in “dollars per gallon” (or Euros per liter).

Ask an Expert: Bitcoin Scaling Debate & August 1st

Ask an Expert is our series, where our blockchain expert, Taylor, explains major blockchain concepts and discusses issues within the blockchain field currently. In this episode of Ask an Expert, Taylor addresses the current Bitcoin controversy taking place this August 1, 2017. He will cover the significance, how it will affect bitcoin holders, different possible outcomes and how users can protect themselves. See below for the the summarized questions and answers of this video!

For more Ask an Experts, check out our page, as well as our Youtube for other videos on all things blockchain! To learn more about Bitcoin, we have a wonderful resource page as well! Also, check out our Ledger Nano S hardware review!

Enjoy exploring the blockchain world!