The Dangers of Crypto: How to Avoid Crypto Scams in 2024

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How to Avoid Crypto Scams As is the case within any type of malicious online activity, cryptocurrency scams can be incredibly dangerous. With the potential for individuals to experience huge financial losses, it is important that anybody involved with crypto understands exactly how these scams work and how to avoid falling for them. Regulation and […]

What is Web3? Learn How Web3 Works and How It Differs to Web2

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What Is Web3 and How Does It Work? Web3 is the term used to describe the next stage of the internet, built using blockchain technology and fundamentally controlled by its users. However, many don’t even understand what exactly constitutes Web2 technology, and so it can be difficult to comprehend the meaning of Web3. Learn more […]

What Are Smart Contracts and How Do Smart Contracts Work?

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What Are Smart Contracts? Smart contracts are agreements between two entities, designed to be executed automatically when the conditions of the contract are met. Smart contracts are coded onto a blockchain, meaning that they cannot be altered. The automation of smart contracts means that there is no need for third-party intermediaries, increasing trust and ensuring […]

What is the Difference Between Layer 1 and Layer 2 Blockchain?

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Layer 1 and Layer 2 Blockchains: What Is The Difference? For many, the concept of blockchain technology is difficult to understand. Most understand that a blockchain enables the creation and use of cryptocurrencies, but not everybody knows that there are actually different types of blockchains: Layer 1s and Layer 2s. Learn more about the difference […]

Crypto Staking

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What is Cryptocurrency Staking? Most people interested or invested in crypto will have heard the term “cryptocurrency staking”, but not everybody will understand what it is and how it works. To put it simply, staking allows investors to earn rewards by locking up their crypto coins or tokens for a set period of time. While […]

Crypto Wallets for Beginners: A Guide to Digital Asset Storage

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Disclaimer: In this article, we will mention several crypto wallet brands. This is for informational purposes only. We do not have a partnership with any of the companies mentioned in this article, and readers are advised to do their own research to select a crypto wallet that best meets their personal preferences.  Crypto Wallets for […]

How to Start Investing in Crypto – The Complete Guide

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Crypto newbie? Get market insights with this comprehensive guide on how to start investing in crypto like a pro. Table of Contents: How to start investing in Crypto Our guide on how to start investing in crypto Crypto is not a buzzword anymore; it’s the real deal. As of 2024, there were over 2m different […]

Why I created Altcoin Analyst

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Altcoin Analyst combines my passion for big data analytics and blockchain technology. Since 2010, I have worked as a big data analyst/ data engineer for some of the world’s most data-intensive companies, including Disney, LinkedIn, and Amazon Web Services. My job involved analyzing and interpreting large data sets. Specifically, I transformed large unstructured data into […]