Sending cryptocurrency to the wrong network is one of the most common problems in the cryptocurrency community. This mistake is most often made by users of Ethereum, Ethereum Classic, Binance Smart Chain, and Polygon due to their similar address formats. If you find yourself in such a situation, do not…


Each user of the cryptocurrency when sending a transaction was faced with a network fee. The network fee is also known as miner fee or GAS. The fee is provided for transferring funds, performing functions provided for by smart contracts, transferring tokens. The reward is awarded to miners or validators.


What are stablecoins?

Stablecoins are a type of cryptocurrency that is tied to the value of traditional valuable assets. It can be fiat money, precious metals, or even energy. The basis for stablecoins is the blockchain, on the basis of which the coins operate.

The main task of stablecoin developers is to create…


In the early years of the Bitcoin network, cryptocurrency was considered completely anonymous. However, over time, technicians have learned to track and deanonymize Bitcoin transactions. Then the developers of some new cryptocurrencies decided to add the ability to send truly anonymous transactions to their currencies.

Today there are 3 popular…


Since XMR is a completely anonymous cryptocurrency, information in transactions is also encrypted and inaccessible to everyone. In order to prove the sending of funds, the transaction can be decrypted. …


Exchanges and exchangers require a different number of confirmations when accepting deposits. Users often ask the question “Why so many?” This is due to two reasons: security or the desire of the exchange to retain users’ funds.

Safety of exchanges and services

There is a problem that multiple transaction confirmations help to combat: block splitting…


What is the Replace by fee?

A situation arises when you want to cancel or replace a transaction. This may be due to the fact that transactions do not enter the block for a long time. All operations that were not added to the block after launch are considered unconfirmed. Unconfirmed transactions most often happen precisely…


What is the Replace by fee?

A situation arises when you want to cancel or replace a transaction. This may be due to the fact that transactions do not enter the block for a long time. All operations that were not added to the block after launch are considered unconfirmed. Unconfirmed transactions most often happen precisely…


When working with cryptocurrency, each user sooner or later comes across the concept of “consolidation”. This can happen in a situation when a lot of transactions have been received on your Bitcoin wallet, and when sending funds, the fee becomes significantly higher than average. Or you may have noticed that…


There are 3 types of addresses:

  1. P2PKH or Legacy address (old address format) is the first version of a Bitcoin address that starts with the number “1” and has 26 to 36 characters. The average fee when sending from a P2PKH address is usually higher than when sending from a…

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