Beginners Guide to Web3 | Part 2/3

Welcome back to the Beginners Guide to Web3 - Part 2. In this article, we cover the different types of cryptocurrencies and their respective backgrounds/utilities.

We begin by diving into the most prominent cryptocurrency;

What is Bitcoin (12:30 mins);

(Skip to 0:49 to begin from the definition of money and to learn about the inception of fiat not backed by the gold standard) (Skip to 7:20 to learn about Bitcoin) 

A super simple definition of Bitcoin (3 mins);

What is Ethereum (3 mins);

Ethereum from the founder, Vitalik Buterin(3 mins);

What is Ethereum 2.0 (9 mins);

What is Polkadot (personal favorite- 8 mins);

What is an Altcoin (6 mins);

What is an Altcoin detailed (11 mins);

Long story short, technically every cryptocurrency besides Bitcoin is considered an Altcoin.

What is a stablecoin (9 mins);

What is a stablecoin (7 mins);

The world's biggest meme coin, DogeCoin (10:45):

Casual and Fun Crypto Explanation:

MrWhoseTheBoss did a great job explaining crypto & web3:

If you only want to watch one video, this would be it.

Solana vs Polkadot vs Ethereum;

Top 50 cryptocurrencies; https://coinmarketcap.com/