05 Apr 2025

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Education

The perfect place for anyone looking to learn about cryptocurrency. From the basics of blockchain technology to advanced investment strategies, The Coinomist provides comprehensive educational content that will enhance your crypto knowledge.

What is the “Red Pill Attack”?

What is the “Red Pill Attack”?

ZenGo, a cryptocurrency wallet team, recently discovered a vulnerability within the Web3 transaction simulation of various popular asset storage solutions. The issue was promptly addressed by developers, with a comprehensive report on the matter published shortly after.

Anton Kryshtal
What Is a Ponzi Scheme?

What Is a Ponzi Scheme?

Reports about yet another cryptocurrency venture being implicated in a Ponzi scheme continue to emerge repeatedly. But what exactly is this scheme, how did it originate, and how does it differ from a pyramid scheme? Let’s delve into these questions.

Yuliia Rokytska
What is MEV and How Can You Profit from It?

What is MEV and How Can You Profit from It?

MEV, also known as Maximum Extractable Value, is a fundamental concept in the realm of cryptocurrency and blockchain. It empowers miners, validators, and various network participants to earn profits by strategically ordering, including, or excluding transactions within a block.

Dmytro Psevdonimenko
ZK-rollup: The Next Level in Blockchain Scaling

ZK-rollup: The Next Level in Blockchain Scaling

ZK-rollup, also known as Zero-Knowledge rollup, is an Ethereum scaling solution that operates on Layer 2 of the blockchain. The technology utilizes zero-knowledge proofs (ZKPs) to aggregate multiple transactions into one, reducing blockchain data storage.

Dmytro Psevdonimenko
Five Unusual Consensus Algorithms

Five Unusual Consensus Algorithms

Consensus algorithms are not limited to Proof-of-Work and Proof-of-Stake. With the growing needs of the crypto community, the diversity of consensus algorithms is increasing every year.

Artem Khomenko
Cryptodemocracy Unleashed: Initiating Change and Voting in DAOs

Cryptodemocracy Unleashed: Initiating Change and Voting in DAOs

A majority of cryptocurrency enthusiasts are familiar with DAO, but not everyone comprehends how participants within the organization initiate alterations or suggest new features to be added. Additionally, it is interesting to know how exactly voting takes place in DAOs.

Hennadii Cholovenko
The power of unspent transaction output in blockchain

The power of unspent transaction output in blockchain

The term “Unspent transaction output” (UTXO) is used in the context of blockchain technology to describe the record of funds received by users which remain unutilized.

Yuliia Rokytska
What Is BRC-20?

What Is BRC-20?

BRC-20 is a new standard for fungible tokens on the Bitcoin network. It uses sequential numbering to encode data in the smallest units of BTC, known as satoshis. This standard allows tokens to exist side by side with Bitcoin on its native blockchain, much like ERC-20 tokens in the Ethereum network.

Dmytro Psevdonimenko
What is delegated staking and how to calculate its profitability?

What is delegated staking and how to calculate its profitability?

Delegated staking is the transfer of personal tokens to a trusted validator in order to earn income without setting up your own node. It’s used in blockchains that rely on Proof of Stake (PoS) consensus algorithms.

Iaroslava Kramarenko
Why Trading System Determines 99% of a Trader’s Success

Why Trading System Determines 99% of a Trader’s Success

Being a trader is a demanding profession that requires a broad range of knowledge, competencies, and practical experience. For every trader, the first and most crucial step is to learn and effectively apply their primary tool – the trading system.

Hennadii Cholovenko
What Is the Sell in May and Go Away Strategy?

What Is the Sell in May and Go Away Strategy?

“Sell in May and go away” is a well-known finance saying passed down through generations of traders and investors. It suggests that markets are likely to go down in late spring. But what is the story behind this phrase and can it be considered reliable advice for crypto portfolio holders?

Dmytro Psevdonimenko
Passive Earnings from DeFi Liquidity Mining

Passive Earnings from DeFi Liquidity Mining

If you’ve invested your money in digital assets and don’t want to just leave them sitting in a wallet, you’re in luck! The CeFi and DeFi markets have plenty of tools available to help you earn passive income, including staking and yield farming. Another option to consider is liquidity mining.

Hennadii Cholovenko
Revolutionizing Blockchain Democracy: The Roll-DPoS Algorithm

Revolutionizing Blockchain Democracy: The Roll-DPoS Algorithm

Numerous crypto projects aim to enhance standard consensus protocols to align with developers’ requirements, and Roll-DPoS is an example of such an algorithm.

Iaroslava Kramarenko
Tendermint: Exploring the Protocol and its Applications

Tendermint: Exploring the Protocol and its Applications

Tendermint is a consensus protocol utilized for synchronizing multiple blockchains. It was developed by Tendermint Inc. and is based on the Byzantine Fault Tolerance algorithm.

Iaroslava Kramarenko
What is Delisting?

What is Delisting?

CoinGecko listed approximately 8,000 cryptocurrencies in 2021. However, as of February 2023, around 40% of them have been declared dead and delisted from exchanges.

Elina Moskovchuk
Making Money with Gaming NFTs: An Introduction to IGOs

Making Money with Gaming NFTs: An Introduction to IGOs

Primary Gaming Offering (IGO) is a brand-new crowdsourcing concept in the blockchain gaming space. It’s a project funding method that shares many similarities with the familiar ICO.

Iaroslava Kramarenko
What is the Ethereum Virtual Machine (EVM)?

What is the Ethereum Virtual Machine (EVM)?

The EVM (Ethereum Virtual Machine) is an execution environment for smart contracts written in the Solidity programming language, used for developing decentralized applications. EVM is an important component of the Ethereum ecosystem, allowing developers to create complex and innovative applications to perform a wide range of functions.

Dmytro Psevdonimenko
ETH withdrawals after the Shanghai upgrade: What to expect?

ETH withdrawals after the Shanghai upgrade: What to expect?

Ethereum is about to get a major upgrade in April called the “Shanghai Update”. Vitalik Buterin and his team are working hard to revamp the infrastructure and unlock frozen ETH. But what does this mean for stakers and Web3’s future?

Iaroslava Kramarenko
What is AMA in crypto?

What is AMA in crypto?

An AMA (short for “Ask Me Anything”) is an interactive online event where an individual or a group of experts answers questions from the community in real-time.

Dmytro Psevdonimenko
What’s the difference between Web3 and Web3.0?

What’s the difference between Web3 and Web3.0?

Although the names are quite similar, they refer to different concepts.

Elina Moskovchuk
Trading imbalances: what are they and how can you use them?

Trading imbalances: what are they and how can you use them?

A trading imbalance occurs when there are too many buy or sell orders, forming a gap that can be spotted on the charts. For trading decisions, gaps like these are useful.

Hennadii Cholovenko
Сan NFTFi be a new trend in 2023?

Сan NFTFi be a new trend in 2023?

NFTFi (Non-fungible-token Finance) is a relatively new branch within the cryptocurrency space that combines decentralized finance and the NFT sphere. It may be divided into four segments: derivatives, renting, fractionalization, and lending.

Dmytro Psevdonimenko
Blockchain sharding. Is it a risky way to scale the network?

Blockchain sharding. Is it a risky way to scale the network?

The concept of blockchain is based on a principle that supports its decentralization and security yet hinders its performance as the network expands.

Yuliia Rokytska
Why ERC-4337 Matters: Exploring the Ethereum Standard

Why ERC-4337 Matters: Exploring the Ethereum Standard

ERC-4337 is a new standard in the Ethereum ecosystem that enables the creation of abstract accounts. Let’s explore how it works and who could benefit from it.

Iaroslava Kramarenko
Custodial and Non-Custodial Wallets: Know the Difference

Custodial and Non-Custodial Wallets: Know the Difference

Cryptocurrency wallets are the main tools for storing and managing cryptocurrency. There are two main types of wallets: custodial and non-custodial. It is important to understand the difference between them, as it determines the security of your assets.

Dmytro Psevdonimenko
Hot Crypto Discussions on X Today: Market Volatility, Crypto ETFs, & More

Hot Crypto Discussions on X Today: Market Volatility, Crypto ETFs, & More

Today, the crypto community is discussing market volatility, regulations, and the future of crypto ETFs, among other topics on X/Twitter.

Zora Network Reviewed: A Testnet Guide

Zora Network Reviewed: A Testnet Guide

Are sky-high Ethereum fees getting you down? The folks at Zora have come up with an alternative, introducing their Layer 2 solution with lower transaction fees. This article will walk you through how to get involved with the project and earn some rewards.