Dynamics of Loom Network and Coinbase in Crypto
Intro
As the world advances into a digital era, the rise of cryptocurrency and blockchain technology has created a significant buzz in financial circles. Two key players in this ecosystem are Loom Network and Coinbase. Their interplay sheds light on the vast and often complicated world of digital finance and decentralization. This article takes a closer look at how these platforms operate, their contributions to the crypto landscape, and the myriad challenges they face as they navigate this fast-paced market.
Cryptocurrency isn't just a passing phase; it represents a fundamental shift in how value is transferred and stored. From the way we conduct transactions to the potential for decentralized applications, understanding Loom Network and Coinbase allows us to grasp the very pulse of the crypto revolution.
With Loom Network focusing on making blockchain more user-friendly, especially for games and applications, and Coinbase establishing itself as a leading exchange, there's much to unpack. Their respective methodologies and innovations pave the way for a more decentralized financial future. By diving into this exploration, we aim to illuminate their roles in shaping the ecosystem and consider what lies ahead for investors, developers, and all who have an interest in the cryptocurrency domain.
Prelims to Loom Network and Coinbase
The exploration of Loom Network and Coinbase is pivotal in grasping the evolving dynamics of the cryptocurrency landscape. These platforms serve different yet complementary roles within the ecosystem, each contributing uniquely to digital finance and decentralization. Understanding their interplay provides valuable insights for investors, developers, and crypto enthusiasts alike.
The Loom Network enhances scalability, enabling decentralized applications to function efficiently alongside Ethereum. It addresses the growing concerns about transaction speeds and costs. On the other hand, Coinbase functions as a major exchange that simplifies the purchasing and trading of cryptocurrencies, making it accessible to a broader audience. This accessibility is critical as the demand for cryptocurrencies continues to rise.
Moreover, comprehending their specific features and challenges sheds light on important considerations for potential stakeholders. For instance, the technical architecture of Loom Network can attract developers looking to build on Ethereum without facing blockchain bottlenecks. In contrast, Coinbase's robust security protocols bolster user confidence for new traders navigating the complex world of digital assets. This article aims to dissect these platforms, showcasing their functionalities and impact within this rapidly changing market.
"In the cryptocurrency arena, understanding both the infrastructure that supports blockchain applications and the platforms that facilitate trading is essential for navigating this digital finance landscape."
Through a comprehensive guide that dives into each facet of Loom Network and Coinbase, readers will come away with an enriched understanding of how these platforms not only coexist but thrive in a challenging environment.
Loom Network Architecture
The architecture of Loom Network serves as the backbone of its functionality and utility within the blockchain ecosystem. At its core, this design is tailored to address the limitations posed by traditional blockchain structures, particularly the issues of scalability and interoperability. By examining its architecture, one not only grasps how Loom operates but also why it is a significant player in the cryptocurrency landscape.
Scalability Solutions
Loom Network introduces innovative solutions to scalability, a hot-button issue in the realm of blockchain technology. Traditional blockchains, like Bitcoin and Ethereum, often face bottlenecks when processing transactions due to network congestion. Loom, however, utilizes a unique multi-chain architecture, enabling it to handle thousands of transactions per second. This approach allows developers to build scalable decentralized applications (dApps) without the usual lag that accompanies a busy network.
One notable aspect of Loom's scalability is its use of sidechains. These are independent blockchains that operate alongside the Ethereum mainnet, allowing dApps to conduct transactions without tying up resources on the main chain. This not only boosts efficiency but also reduces transaction fees, providing a more cost-effective solution for developers and users alike.
Some essential features of Loom's scalability solutions include:
- Fast Transactions: Transactions are confirmed in seconds, enhancing user experience significantly.
- Low Fees: Cost-reduction measures ensure that transactions remain affordable, even as usage scales up.
- Support for High Traffic: Capable of handling large user volumes, making it easier to launch games and other popular dApps.
The combination of these features places Loom at a vantage point, bridging the gap between the need for speed and the reality of decentralization—a balancing act that many blockchain projects struggle to achieve.
Integration with Ethereum
Integrating with Ethereum is a crucial element of Loom's strategy, allowing it to leverage the security and widespread adoption of the Ethereum blockchain. This connection enhances Loom’s capabilities by ensuring that applications built on its platform can tap into Ethereum's robust network while also benefiting from Loom's unique enhancements.
Loom builds on Ethereum’s smart contract functionality, but it operates using delegates known as "Delegated Proof of Stake". This model allows Loom to execute smart contracts with greater efficiency compared to traditional Ethereum transactions. Moreover, Loom’s specific architecture fosters the development of User-Centric applications, making interactions more seamless and engaging for users.
The impact of this integration is evident in numerous ways:
- Interoperability: Loom’s architecture enables dApps to interact with the Ethereum mainnet while offering improved scalability.
- Security Assurance: By operating in tandem with Ethereum, Loom benefits from Ethereum's established security protocols, providing additional confidence for developers and users.
- Ecosystem Growth: The integration encourages a broader ecosystem wherein developers are incentivized to create and deploy innovative solutions on both platforms.
Overall, the architectural design and integration of Loom Network with Ethereum not only illustrate its versatility but also underscore its potential to drive forward the next generation of blockchain solutions.
Key Insight: Loom’s multi-chain architecture and Ethereum integration represent a significant leap towards reducing limitations in scalability and enhancing user experience in decentralized applications.
Coinbase's Role in Cryptocurrency Trading
Coinbase stands as a cornerstone in the cryptocurrency trading landscape. It operates not just as an exchange but also as a platform that fosters user engagement and education across varying levels of crypto understanding. With its intuitive design and compliance focus, Coinbase has become synonymous with user-friendly cryptocurrency trading, making it a preferred choice for novices and seasoned traders alike. However, the dynamics of what Coinbase brings to the table go far beyond surface-level accessibility.
User Interface and Experience
At the heart of Coinbase's appeal is its user interface. The platform is tailored for simplicity without sacrificing functionality. Navigating through buying, selling, or trading cryptocurrencies feels seamless, even for those who may be more accustomed to traditional financial platforms.
- Dashboard Features: The dashboard presents all crucial metrics clearly, such as current prices, market trends, and portfolio performance. This can be particularly beneficial for investors who want to keep a finger on the pulse of their investments at a glance.
- Educational Resources: Coinbase places a strong emphasis on customer education. The presence of resources like tutorials and articles guides users through pivotal aspects of cryptocurrency trading and helps demystify complex concepts.
- Mobile Optimization: The mobile app allows users to trade on-the-go, ensuring that opportunities are never missed. Alerts and notifications can be personalized to keep traders informed on price changes or market developments.
In short, the user experience on Coinbase is crafted to be engaging yet straightforward. The layout encourages exploration and learning, fostering a sense of confidence among its users.
Security Protocols
Security remains a paramount concern for any platform handling digital assets, and Coinbase does not take this aspect lightly. The exchange employs a multi-faceted approach to ensure that users' funds and data are well-protected.
- Cold Storage: A significant portion of customer funds is stored in secure, offline wallets, known as cold storage. This minimizes the risk of hacks that often target online wallets. According to Coinbase, these measures shield approximately 98% of its digital currency holdings.
- Two-Factor Authentication (2FA): Users are encouraged, and in many cases required, to set up 2FA as an additional layer of security. This step ensures that access to accounts is restricted only to authorized users, making unauthorized access exceedingly difficult.
- Regular Security Audits: The platform undergoes periodic security audits conducted by third parties, providing an extra layer of reassurance that security measures are consistently updated and improved.
While convenience is important, the balance between usability and security makes Coinbase a reputable choice for both new and experienced traders.
In the end, Coinbase's role in cryptocurrency trading transcends mere transactions. The platform serves as an important hub fostering financial growth and education, emphasizing security and user experience as foundational pillars. Users can feel a level of reassurance in knowing that while they explore the realm of cryptocurrencies, their assets are well-protected.
The Tokenomics of Loom Coin
Tokenomics stands at the heart of any cryptocurrency, and Loom Coin is no exception. Understanding its tokenomics is crucial for grasping how Loom Network operates and thrives in the crypto marketplace. Loom Coin is designed not just as a digital currency; it's also an essential piece of a broader puzzle, driving the network's utility and governance.
Utility and Applications
Loom Coin's utility springs from its multi-faceted applications within the Loom Network ecosystem. Primarily, it plays a role in enabling fast transactions and facilitating decentralized application (dApp) deployment. With the rise of blockchain technology, the need for platforms that can support dApps efficiently has surged. Loom Coin serves as a cornerstone for gaming, social applications, and many other scenarios where speed and scalability are paramount.
One prominent example of this utility is in the gaming sector. The integration of Loom Coin allows developers to build and manage blockchain-based games with ease. Players can transact with Loom Coin in their gameplay, fostering an entire economy built around their digital experiences. This way, the currency ties directly into the user experience, enhancing the engagement with the platform’s ecosystem.
Furthermore, Loom Coin underpins the governance model of the network. Holders of the coin can participate in decision-making processes that shape the direction of the Loom Network. This democratic aspect ensures that the community remains involved, creating a stronger sense of ownership and loyalty among users.
Market Performance Indicators
When discussing the market performance of Loom Coin, various indicators are vital to analyze. First and foremost is the trading volume, which reflects how actively the coin is bought and sold. A high trading volume often indicates investor confidence and can lead to price stability. Conversely, low volume might raise concerns about liquidity.
Additionally, market capitalization is a key metric to consider. It provides a clear picture of Loom Coin's valuation in relation to other cryptocurrencies. Higher market caps generally signify better market acceptance and can influence investor interest.
Price volatility is another crucial factor. Loom Coin’s price can often swing dramatically based on market sentiment or regulatory news. Noticing patterns in these price movements can help investors and traders make informed decisions.
Finally, tracking the number of unique active addresses using Loom Coin can also provide insights into its adoption and use. A rising number of addresses indicates that more people are engaging with the coin, which could lead to greater price pressure upwards.
The tokenomics of Loom Coin embodies a rich tapestry of utility, community governance, and market dynamics, making it a vital subject within the larger cryptocurrency ecosystem.
In summation, the tokenomic structure of Loom Coin not only enhances its practical usage but also affects the market performance indicators that potential investors will look for. Understanding this interplay equips traders, developers, and enthusiasts alike with valuable insights, empowering them to navigate the nuances of the cryptocurrency landscape with confidence.
Coinbase Listing and Its Implications
The importance of understanding the Coinbase listing for various cryptocurrencies cannot be understated. Listing on Coinbase, a principal cryptocurrency exchange known for its robust user base, can be a turning point for any digital asset. It provides incredible visibility and credibility, which offers a substantial vote of confidence for investors and traders alike. Not only does it bolster a coin’s reputation, but it can also significantly influence its price dynamics and market performance.
Criteria for Listing
Coinbase adheres to a rigorous set of criteria when considering new assets for listing. Some significant factors include:
- Regulatory Compliance: The asset must comply with all relevant regulations, ensuring legal standing within various jurisdictions where Coinbase operates.
- Security Assessment: Coinbase conducts a thorough evaluation to ascertain the security of the asset, assessing the underlying technology for any vulnerabilities.
- Market Demand: An evaluation of community interest and trading volume is crucial. If there is a strong demand from users, it weighs heavily in favor of listing the coin.
- Project Team and Fundamentals: Coinbase looks into the credentials and track record of the founding team, their vision, and the project's roadmap. A strong, credible team is essential for any listing decision.
- Overall Ecosystem Contribution: Lastly, Coinbase considers how the asset contributes to the wider cryptocurrency ecosystem, such as its potential use cases and technological advancements.
These criterion establish a benchmark that filters less mature projects and showcases robust assets to potential investors. The stringent standards serve not just Coinbase's interests, but also the interests of its user base by protecting them from scams and low-quality assets.
Impact on Price Volatility
The implications of a Coinbase listing often extend beyond just visibility; it can significantly impact price volatility. Here are several ways that potential coin volatility may unfold:
- Initial Surge: Many new listings experience a surge in price shortly after they go live on Coinbase, often driven by speculation and hype. Investors aiming to get in early may lead to a rapid price increase.
- Long-term Stability: A successful kick-off followed by consistent buy pressure can foster stability. Conversely, a sudden price drop post-listing may indicate profit-taking by early investors, which can create a volatile environment for those who bought in during the hype.
- Market Sentiment: The reaction of broader market sentiment plays a crucial role. If a coin is perceived positively after its listing, it could maintain upward momentum, while negative news or competition might trigger downward volatility.
- Liquidity: Since Coinbase has a large user base, the liquidity of the asset typically sees a significant boost post-listing, allowing for more efficient trade executions. However, liquidity can also bring larger price swings, especially in reaction to market news or trends.
Overall, understanding these dynamics of Coinbase listings helps traders and investors navigate the complexities of entry points, market sentiment, and potential risks.
By keeping these elements in mind, one can better prepare for possible price fluctuations and make informed decisions in the ever-evolving cryptocurrency marketplace.
Regulatory Landscape Impacting Loom and Coinbase
The regulatory landscape surrounding cryptocurrencies is not only complex but also vital for platforms like Loom Network and Coinbase. It shapes how these entities operate and the interaction with their users. Understanding these regulations becomes crucial, particularly for investors, traders, and developers who bank on the stability and legality of their chosen platforms. The compliance that Loom and Coinbase must adhere to directly impacts their functionality, expansion, and overall user experience.
Compliance Challenges
Both Loom and Coinbase navigate through a labyrinth of compliance challenges that are unique to their operational frameworks. Loom Network, which operates in a decentralized manner, faces hurdles regarding how it aligns with existing frameworks designed primarily for centralized financial entities. One might say it's akin to fitting a square peg into a round hole; the regulations often don’t easily accommodate the flexibility and aims of decentralized networks.
- Understanding Regulations: The regulatory bodies often differ vastly from country to country. For instance, the European Union’s Markets in Crypto-Assets (MiCA) proposal lays down stricter guidelines compared to regulations in jurisdictions like Switzerland. This creates confusion in users and developers alike.
- Impact on Innovation: Navigating these regulations can stifle innovation. Loom Network strives to offer scalable solutions and decentralized applications (dApps) but must remain compliant, which could slow down the implementation of new features.
- User Education: As regulations change, both Loom and Coinbase need to educate their communities about compliance requirements, making this a continuous challenge.
Coinbase, on the other hand, operates under a slightly different model. As a centralized exchange, it has to bear the brunt of compliance costs from regulatory bodies. This can sometimes lead to slower service or limits on staked assets during regulatory reviews.
The path to compliance can often feel like walking through a minefield, where one misstep could lead to hefty fines or operational shutdowns.
Future of Regulations
The future of regulations in the cryptocurrency domain is likely to be a mixed bag, presenting both challenges and opportunities.
- Evolving Legislation: With law-makers becoming increasingly aware of cryptocurrencies, one can expect ongoing shifts in legislation. This openness could usher in new regulations that more accurately reflect the realities of blockchain technology. As regulations adapt, they might not only cover security but also offer clearer guidelines regarding user data protection and transaction transparency.
- Global Cooperation: It is crucial for a unified approach to global regulations. Collaboration among countries can lead to creating comprehensive frameworks that allow platforms like Loom and Coinbase to operate globally without fear of legal repercussions. Without such cooperation, regulatory arbitrage could allow some countries to thrive while others struggle.
- Enhanced Safety Measures: Another key aspect of future regulations will be the focus on user rights and protections. This might result in enhanced secure transaction methodologies or better consumer protection laws that will benefit users worldwide.
For further reading on cryptocurrency regulations, you might consider these resources: Wikipedia, Britannica, and community discussions on Reddit.
User Adoption and Community Engagement
User adoption and community engagement are pivotal components in understanding the dynamics of the Loom Network and Coinbase. When talking about user adoption, we are essentially discussing the rate and extent to which individuals and businesses start using these platforms. In the world of cryptocurrency, this is not merely a numbers game; rather, it reflects trust, community interest, and overall market sentiment. A strong user base serves as a bedrock for stability and growth, which in turn fosters innovation and development.
Community engagement, on the other hand, dives deeper into how users interact with these platforms and with each other. A vibrant and active community can drive improvements, offer feedback, and help shape future upgrades or products critically. If there’s an active conversation happening among users, it's often a sign that the platform is valued and seen as relevant.
In short, a healthy mix of user adoption and community engagement can spell success for both Loom Network and Coinbase, ensuring they stay ahead in a fiercely competitive space.
Metrics of Adoption for Loom Network
Measuring user adoption for the Loom Network involves looking at certain key indicators that reflect how well the platform is performing:
- Active Users: The count of daily and monthly active users reveals how many people are regularly engaging with Loom Network. Tracking this over time provides insight into growth trends.
- DApps Utilization: Since Loom focuses on supporting decentralized applications (DApps), analyzing how many DApps are being developed and their usage statistics gives a clear picture of platform adoption. If developers are flocking to the platform to build, it often means they see value in its capabilities.
- Transaction Volume: The volume of transactions carried out on the Loom Network can also indicate wider acceptance and usage. A rise in transactions usually suggests that users are finding practical applications for the network.
- Community Growth Metrics: This could include social media engagement through Twitter, Reddit, or Discord, where discussions about Loom take place. The growth rate of followers or members can give leverage on community interest.
These metrics create a tapestry illustrating how Loom Network is being received in the broader cryptocurrency landscape.
Community Response to Coinbase Features
Coinbase, as a major player in the cryptocurrency exchange arena, has introduced numerous features over time. Understanding how the community reacts to these features can reveal much about user sentiment and platform health:
- Feature Rollouts: Users typically share their experiences and concerns regarding new functionalities. Monitoring forums or social media can uncover issues or praise regarding particular features, such as new tokens or advanced trading tools.
- Customer Support Quality: The way Coinbase handles queries can directly affect community perception. Positive reviews on support efficiency often correlate with user satisfaction and retention.
- Security Features: Given the nature of cryptocurrency, users are often concerned about security measures. A strong response to improved security features indicates a keen interest in ensuring their investments are safe.
- Integration with Other Services: Users appreciate seamless interactions with wallets or other platforms. Community feedback on such integrations can be invaluable for Coinbase’s future strategies.
Engagement and response from the community about features can significantly influence Coinbase’s ability to iterate and enhance their product offerings.
Technical Developments in Loom and Coinbase
Understanding the technical developments of Loom Network and Coinbase is crucial, as these innovations not only determine the effectiveness of their operations but also shape their future in the ever-evolving cryptocurrency ecosystem. Advances in technology can enhance scalability, security, and user engagement. Each platform's technical trajectory reflects its ambitions and the challenges they must navigate while adapting to a rapidly changing market.
Recent Upgrades in Loom Network
Loom Network has been proactive in implementing upgrades to bolster its performance and usability. Among the notable enhancements is the integration of Layer 2 scaling solutions which set the stage for improved transaction speeds and reduced costs. By using this technology, Loom seeks to ease the burden on the Ethereum network while providing seamless user experiences. The latest upgrade not only simplifies transactions but also makes them faster, allowing developers to create dApps that can operate on the Loom platform more efficiently.
Another significant improvement involves the implementation of Cross-Chain Interoperability Protocols (CCIP). This functionality enables users to transfer assets between different blockchain networks. It is essential for building a more interconnected ecosystem, reducing fragmentation within the cryptocurrency world. Loom's approach emphasizes adaptability and compatibility, which attracts more developers to its platform.
Key aspects of these upgrades include:
- Faster Transactions: Significant reductions in latency when processing transactions can increase user satisfaction and engagement.
- Lower Gas Fees: Enhancements that decrease operational costs encourage more transactions and create a more vibrant dApp ecosystem.
- Increased Developer Tools: By offering advanced SDKs and APIs, Loom simplifies the development process, making it easier for developers to innovate.
Innovation at Coinbase
Coinbase remains a dominant player in the cryptocurrency exchange space, thanks in part to its relentless focus on innovation. A recent development worth noting is the rollout of the Coinbase Wallet, a non-custodial wallet that grants users complete control over their digital assets. Unlike traditional wallets, Coinbase Wallet supports a broader range of cryptocurrencies, furthering user choice and flexibility.
Moreover, Coinbase has been actively implementing advanced security measures to protect user holdings, which is increasingly important as cyber threats become more sophisticated. Their multi-signature technology ensures that assets cannot be moved without authorization from multiple parties, providing an additional layer of security.
Not only does Coinbase strive to enhance its services, but it is also committed to educating its users. They have enriched their platform with an array of tutorials and learning resources, which help users understand various aspects of cryptocurrency investment. This focus on education fosters a more informed trading environment, reducing the likelihood of poor trading decisions.
Other notable innovations at Coinbase include:
- User-Friendly Interface: Continuous improvements to user experience aim to make trading accessible to both novice and experienced investors.
- Mobile Application Enhancements: Updates to the mobile app add valuable features, making trading straightforward even on-the-go.
- Integration of DeFi Assets: Coinbase's partnership with various DeFi platforms expands its offerings, allowing users to engage in decentralized finance activities directly through their accounts.
The advancements at both Loom Network and Coinbase signify their commitment to not just keeping pace but leading within the cryptocurrency landscape.
In summary, the technical developments at Loom Network and Coinbase lay a foundation for a robust future, enhancing their attractiveness to investors, developers, and general users alike. Their approach to innovation demonstrates an astute understanding of market needs, securing their positions in a space marked by rapid change.
Future Prospects for Loom and Coinbase
As we look forward, the future prospects of Loom Network and Coinbase stand as beacons of potential evolution within the cryptocurrency ecosystem. Understanding these prospects is paramount for stakeholders eager to navigate this rapidly changing landscape. They not just highlight technological advancements but also reflect the shifting dynamics of user engagement, regulatory constraints, and market demands.
Predictions for Loom Network
Loom Network is continuously evolving, aiming to solidify its place as a leading platform for decentralized applications. Here are some potential predictions that could shape its future:
- Enhanced Scalability: Loom has focused on improving its scalability solutions. The integration of Layer 2 technologies could further enhance transaction speeds and reduce costs, catering to a user base that demands efficiency without sacrificing quality.
- Partnership Expansions: Collaboration with other blockchain projects could broaden its reach and functionality. By creating partnerships, Loom can leverage different technological strengths, making it more robust and versatile.
- Broader Ecosystem Adoption: As more developers explore blockchain solutions, systems like Loom that facilitate easier access and usability could see increased adoption. This could lead to an influx of new projects built on its platform, fostering a thriving community.
Overall, if Loom continues on its path of innovation and community engagement, it might just carve a niche where it can significantly affect the development of decentralized applications.
Forecast for Coinbase's Growth
Coinbase has established itself as a household name in cryptocurrency, yet its journey is far from over. Here’s an insight into what might be in store for Coinbase:
- Market Leadership: Coinbase is likely to maintain its position as a leading exchange, driven by user trust and a reputation for security. Improvements to their trading platform and new features could enhance user experience, appealing to a broader audience, including traditional investors.
- Regulatory Adaptation: Amid growing scrutiny over compliance, Coinbase may enhance its efforts to align with regulatory requirements. This could lead to operational changes that not only improve its standing but also instill greater confidence among users.
- Product Diversification: Coinbase is expected to broaden its product range, integrating new financial services such as staking, lending, or even Decentralized Finance (DeFi) offerings. As users look for varied ways to engage with their cryptocurrencies, these products may significantly bolster Coinbase’s market position.
Finale
The exploration of Loom Network and Coinbase leads us to a compelling understanding of their intertwined roles within the cryptocurrency sector. In a digital landscape that constantly transforms with technology and policy changes, concluding reflections about these platforms provides essential insight into their contributions and potential.
Summation of Key Insights
Throughout the article, we’ve delved into several critical points that underline the significance of Loom Network and Coinbase in today’s financial ecosystem.
- Loom Network stands out for its innovative scalability solutions that enhance Ethereum’s capabilities. This integration is pivotal for developers looking to create decentralized applications without falling victim to network congestion.
- Coinbase, as a leading exchange, plays a fundamental role in bridging traditional finance with the digital currency world. Its user-friendly interface and robust security measures serve as a beacon for new and experienced traders alike.
- Together, these platforms exemplify the dynamism of the crypto market, revealing both opportunities and challenges, especially in the face of rising regulatory scrutiny.
In observing their user adoption metrics, it becomes evident that the communities around both Loom and Coinbase are robust and continuously evolving. This engagement often fuels further advancements and adaptations that keep them relevant in an ever-changing environment.
Final Thoughts on Loom and Coinbase
Looking ahead, it is crucial to reflect on the implications of recent trends and technologies affecting Loom Network and Coinbase. The future for both appears to be rife with potential as they navigate a landscape filled with both advancements and obstacles such as regulatory challenges and market volatility.
Investors, traders, and developers monitoring these developments will need to stay ahead of the curve. For instance, understanding how Coinbase's listing practices influence the market can provide strategic advantages for trading decisions. On the other hand, keeping an eye on Loom Network’s technological innovations can signal opportunities for investment and development within decentralized applications.
“In the world of cryptocurrencies, knowledge is the new gold.”
For further reading and resources, consider checking these links: Wikipedia on Cryptocurrency, Investopedia's guide on Coinbase, and CoinMarketCap.
