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Do you want to learn about how blocks work in a blockchain? What is a block size or block time? Maybe you are curious about the difference between proof of work and proof of stake.\u003C/p>\n\u003Cp>You can also navigate to our stablecoins article and learn how they are programmed to maintain a value approximately equal to another asset. You can also learn about how decentralized autonomous organizations (DAOs) are community-based entities with a democratized governance structure based on blockchain technology.\u003C/p>\n\u003Cp>Perhaps you’ve heard about non-fungible tokens (NFTs) - unique digital assets representing a piece of media (like art, music, gaming, or membership badges) that exist on the blockchain.\u003C/p>\n\u003Cp>If you are interested in learning more, Bitstamp by Robinhood is here to help you. 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Kingdom",{},{},{"title":219,"content":17,"items":220},"Contact",[221,226,230,234,238,242,247,252,257],{"noFollow":35,"isExternal":35,"name":222,"value":223,"isEmail":35,"isPhoneNumber":35,"isText":35,"showOnDesktop":66,"showOnMobile":66,"attachment":224,"geofencings":225},"Customer 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20 3868 9628","+442038689628",{},{},{"noFollow":35,"isExternal":35,"name":248,"value":249,"isEmail":35,"isPhoneNumber":66,"isText":35,"showOnDesktop":66,"showOnMobile":66,"attachment":250,"geofencings":251},"+1 800 712 5702","+18007125702",{},{},{"noFollow":35,"isExternal":35,"name":253,"value":254,"isEmail":35,"isPhoneNumber":66,"isText":35,"showOnDesktop":66,"showOnMobile":66,"attachment":255,"geofencings":256},"+352 20 88 10 96","+35220881096",{},{},{"noFollow":35,"isExternal":35,"name":258,"value":259,"isEmail":35,"isPhoneNumber":66,"isText":35,"showOnDesktop":66,"showOnMobile":66,"attachment":260,"geofencings":261},"+65 3105 1676","+6531051676",{},{},"\u003Cp>Please read the general \u003Ca href=\"/legal/risk-warning/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Risk Warning\u003C/a>, and \u003Ca href=\"/legal/uk-investment-risk-warning/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Risk Summary\u003C/a> for UK residents before investing in crypto-assets. \u003C/p>\n\u003Cp>Crypto-assets services are provided by the following Bitstamp legal entities depending on client residency: (1) Bitstamp Europe S.A., which is authorized by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg as a payment institution (licence number Z00000012) and crypto-asset service provider (licence number N00000003); Registered address: 40, avenue Monterey, L-2163 Luxembourg, Grand Duchy of Luxembourg; Registration number: B196856; (2) Bitstamp UK Ltd., which is registered with the Financial Conduct Authority (FCA) in the UK for the provision of certain cryptoassets activities under the Money Laundering Regulations (Firm Reference Number 978690); Registered address: 5 New Street Square, EC4A 3TW London, United Kingdom; Registration number: 14174243; (3) Bitstamp Ltd.with its registered address at 5 New Street Square, EC4A 3TW London, United Kingdom and registration number: 8157033; (4) Bitstamp Global Ltd., which is registered as a Virtual Asset Service Provider in the British Virgin Islands and is supervised by the British Virgin Islands Financial Services Commission (FSC); Registered address: Floor 4, Banco Popular Building, Road Town, Tortola VG1110, British Virgin Islands; Registered number: 2086429; and (5) Bitstamp Asia Pte Ltd, which is authorized by the Monetary Authority of Singapore (MAS) as a major payment institution (licence number PS20200667); Registered address: 63 Chulia Street, OCBC Centre East, #15-01, Singapore 049514; Registered number: 202016687K;\u003C/p>\n\u003Cp>Virtual currency services to US residents are provided by Bitstamp USA, Inc., which is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Licensed as a Money Transmitter by the New York State Department of Financial Services. Review a \u003Ca href=\"/legal/usa-inc/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">list of its licenses and other registrations\u003C/a> (NMLS number \u003Ca href=\"https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1905429\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">1905429\u003C/a>) for more information; Registered address: 85 Willow Road, Menlo Park, CA 94025, United States of America; Registered number: 5481543.\u003C/p>\n\u003Cp>Investment services with regards to trading in crypto derivatives are provided by Bitstamp Financial Services Ltd., which is authorized and supervised by the Slovenian Securities Market Agency (ATVP) as a MiFiD investment firm. Trading crypto derivatives carries significant risks and may result in substantial losses. Please trade responsibly and ensure you understand the associated risks. You can find more about the risks \u003Ca href=\"/legal/financial-services/general-terms-and-conditions/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here\u003C/a>. To help you understand the risks involved we have put together a series of \u003Ca href=\"/derivatives/key-information-documents/\" target=\"_blank\" rel=\"noopener noreferrer\">Key Information Documents (KIDs)\u003C/a> highlighting the risks and rewards related to each derivatives contract. Crypto derivatives trading is not available to customers in the US, Canada, Japan and some other countries. Bitstamp Financial Services Ltd. does not provide crypto-asset services.\u003C/p>\n\u003Cp>To find out more about which Bitstamp entity you receive services from, please check the Profile/My information in your Bitstamp account. You can read more about our legal terms, policies and disclosures \u003Ca href=\"/legal/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here\u003C/a>.\u003C/p>\n","\u003Cp>All rights reserved © 2026 Bitstamp by Robinhood. \u003Ca href=\"https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1905429\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">NMLS #1905429\u003C/a>\u003C/p>\n",{"items":265,"ready":66,"platformButtonText":308,"backButtonText":309,"logInButtonText":310,"signUpButtonText":311},[266,270,274,277,280,283,286,291,294,299,304],{"headerName":267,"sidemenuName":143,"url":144,"noFollow":35,"showInHeader":66,"showInSidemenu":66,"geofencings":268,"submenu":269,"tag":17},"Institutions",{},[],{"headerName":135,"sidemenuName":135,"url":136,"noFollow":35,"showInHeader":66,"showInSidemenu":66,"geofencings":271,"submenu":272,"tag":273},{},[],"NEW",{"headerName":158,"sidemenuName":158,"url":159,"noFollow":35,"showInHeader":66,"showInSidemenu":66,"geofencings":275,"submenu":276,"tag":17},{},[],{"headerName":115,"sidemenuName":115,"url":116,"noFollow":35,"showInHeader":66,"showInSidemenu":66,"geofencings":278,"submenu":279,"tag":17},{},[],{"headerName":125,"sidemenuName":125,"url":126,"noFollow":35,"showInHeader":66,"showInSidemenu":66,"geofencings":281,"submenu":282,"tag":17},{},[],{"headerName":130,"sidemenuName":130,"url":131,"noFollow":35,"showInHeader":66,"showInSidemenu":66,"geofencings":284,"submenu":285,"tag":17},{"geofencing-uk":66},[],{"headerName":287,"sidemenuName":287,"url":288,"noFollow":35,"showInHeader":66,"showInSidemenu":66,"geofencings":289,"submenu":290,"tag":17},"Markets","/markets/",{},[],{"headerName":120,"sidemenuName":120,"url":121,"noFollow":35,"showInHeader":66,"showInSidemenu":66,"geofencings":292,"submenu":293,"tag":17},{},[],{"headerName":295,"sidemenuName":295,"url":296,"noFollow":35,"showInHeader":66,"showInSidemenu":66,"geofencings":297,"submenu":298,"tag":17},"Blog","https://blog.bitstamp.net/",{},[],{"headerName":300,"sidemenuName":300,"url":301,"noFollow":35,"showInHeader":66,"showInSidemenu":66,"geofencings":302,"submenu":303,"tag":17},"Learn","/learn/",{},[],{"headerName":305,"sidemenuName":305,"url":116,"noFollow":35,"showInHeader":35,"showInSidemenu":66,"geofencings":306,"submenu":307,"tag":17},"Get Bitstamp by Robinhood app",{},[],"Go to platform","Back","Log in","Get started",[313,317,321,323,327,331,335,339,343,347],{"title":314,"url":315,"geofencings":316},"Blockchain technology","/learn/blockchain/",{},{"title":318,"url":319,"geofencings":320},"Company profiles","/learn/company-profiles/",{},{"title":63,"url":27,"geofencings":322},{},{"title":324,"url":325,"geofencings":326},"Crypto definitions","/learn/crypto-definitions/",{},{"title":328,"url":329,"geofencings":330},"Crypto trading","/learn/crypto-trading/",{},{"title":332,"url":333,"geofencings":334},"Cryptocurrency guide","/learn/cryptocurrency-guide/",{"geofencing-uk":66},{"title":336,"url":337,"geofencings":338},"People profiles","/learn/people-profiles/",{},{"title":340,"url":341,"geofencings":342},"Security","/learn/security/",{},{"title":344,"url":345,"geofencings":346},"Tutorials","/learn/bitstamp-tutorials/",{},{"title":348,"url":349,"geofencings":350},"Web3","/learn/web3/",{},{"description":7,"ogDescription":7,"ogImage":352,"twitterImage":352,"twitterSite":353,"twitterCreator":353,"twitterCard":354,"twitterTitle":6,"twitterDescription":7,"titleTemplate":355},"https://assets.bitstamp.net/msc/_ipx/enlarge_true&f_png&fit_cover&q_85&s_1200x630/bitstampImageUrl/learn_center_og_bf79546e8f_a8dc54f844.png","@Bitstamp","summary_large_image","%s",[357,358,359,360,361,362,363,364,365,366],{"name":314,"url":315,"hideInCategoryPagination":35},{"name":318,"url":319,"hideInCategoryPagination":35},{"name":63,"url":27,"hideInCategoryPagination":35},{"name":324,"url":325,"hideInCategoryPagination":66},{"name":328,"url":329,"hideInCategoryPagination":35},{"name":332,"url":333,"hideInCategoryPagination":35},{"name":336,"url":337,"hideInCategoryPagination":35},{"name":340,"url":341,"hideInCategoryPagination":35},{"name":344,"url":345,"hideInCategoryPagination":35},{"name":348,"url":349,"hideInCategoryPagination":35},{"posts":368,"paginationItems":560},[369,383,395,406,416,427,438,448,460,470,480,490,500,510,520,530,540,550],{"category":370,"image":372,"title":379,"excerpt":380,"url":381,"geofencings":382},{"name":63,"url":27,"geofencings":371},{},{"url":373,"mime":374,"ext":375,"width":376,"height":377,"name":378,"alt":17},"bitstampImageUrl/top_10_bitcoin_myths_debunkedsvg_2edccdd2da_de8212813f.svg","image/svg+xml",".svg",1676,857,"top_10_bitcoin_myths_debunkedsvg_2edccdd2da.svg","10 Bitcoin Myths Debunked","\u003Cp>As a relatively new and unique asset class, Bitcoin has garnered both fevered adulation and scathing criticism throughout each of its well-documented price cycles. However, the intense speculation and media interest in the broader cryptocurrency sector has led to the proliferation of several myths about the flagship digital asset. Here, we put ten common Bitcoin myths to rest.\u003C/p>\n","/learn/crypto-101/10-bitcoin-myths-debunked/",{},{"category":384,"image":386,"title":391,"excerpt":392,"url":393,"geofencings":394},{"name":63,"url":27,"geofencings":385},{},{"url":387,"mime":12,"ext":13,"width":388,"height":389,"name":390,"alt":17},"bitstampImageUrl/Bitcoin_and_the_environmentpng_2cf8998517_f7d73fe14e.png",1920,1080,"Bitcoin_and_the_environmentpng_2cf8998517.png","Bitcoin and Energy Consumption","\u003Cp>Bitcoin’s reliance on energy is often misconstrued as a side effect of its design. On the contrary, it is an integral part of Bitcoin’s design.\u003C/p>\n","/learn/crypto-101/bitcoin-energy/",{},{"category":396,"image":398,"title":402,"excerpt":403,"url":404,"geofencings":405},{"name":63,"url":27,"geofencings":397},{},{"url":399,"mime":374,"ext":375,"width":400,"height":389,"name":401,"alt":17},"bitstampImageUrl/bitcoin_as_legal_tender_6ed8437720_364cb83c70.svg",1921,"bitcoin_as_legal_tender_6ed8437720.svg","Bitcoin as legal tender ","\u003Cp>A legal tender refers to a form of money that must be accepted for payment of debts within a country. El Salvador made history as the first nation to adopt Bitcoin as legal tender in 2021. \u003C/p>\n","/learn/crypto-101/bitcoin-as-legal-tender/",{},{"category":407,"image":409,"title":412,"excerpt":413,"url":414,"geofencings":415},{"name":63,"url":27,"geofencings":408},{},{"url":410,"mime":12,"ext":13,"width":388,"height":389,"name":411,"alt":17},"bitstampImageUrl/bitcoin_pizza_daypng_c56d46e802_b4ec088e32.png","bitcoin_pizza_daypng_c56d46e802.png","Bitcoin Pizza Day","\u003Cp>Bitcoin Pizza Day, celebrated on May 22, marks the first recognized time Bitcoin was used in a real-world transaction. 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Their early success is undeniable, but what truly sets them apart is their groundbreaking and contrasting technologies.\u003C/p>\n","/learn/crypto-101/bitcoin-vs-ethereum/",{},{"category":428,"image":430,"title":434,"excerpt":435,"url":436,"geofencings":437},{"name":63,"url":27,"geofencings":429},{},{"url":431,"mime":12,"ext":13,"width":400,"height":432,"name":433,"alt":17},"bitstampImageUrl/Bitcoin_whitepaper_1png_cf86a51738_3612266425.png",1081,"Bitcoin_whitepaper_1png_cf86a51738.png","Bitcoin Whitepaper","\u003Cp>The Bitcoin Whitepaper was published in 2008 by Satoshi Nakamoto, the pseudonymous creator of Bitcoin. Titled “Bitcoin: A Peer-to-Peer Electronic Cash System,” the paper introduced the concept blockchain technology and explained the basic structure of the Bitcoin network as a way for users to send funds directly to each other (peer-to-peer).\u003C/p>\n","/learn/crypto-101/bitcoin-whitepaper/",{},{"category":439,"image":441,"title":444,"excerpt":445,"url":446,"geofencings":447},{"name":63,"url":27,"geofencings":440},{},{"url":442,"mime":12,"ext":13,"width":400,"height":432,"name":443,"alt":17},"bitstampImageUrl/Blockchain_in_healthcarepng_1b515a77a8_999150533d.png","Blockchain_in_healthcarepng_1b515a77a8.png","Blockchain in Healthcare","\u003Cp>Blockchain technology has several potential use cases in healthcare, including tracking patient data and keeping immutable records, tracking pharmaceutical supply chains, and storing clinical trial data. However, stringent requirements regarding safety and compliance make adoption a long-term challenge.\u003C/p>\n","/learn/crypto-101/blockchain-in-healthcare/",{},{"category":449,"image":451,"title":456,"excerpt":457,"url":458,"geofencings":459},{"name":63,"url":27,"geofencings":450},{},{"url":452,"mime":374,"ext":375,"width":453,"height":454,"name":455,"alt":17},"bitstampImageUrl/1920x1080px_illustrations_learningcenter_89svg_2927b9e87a_62a68c280f.svg",192,108,"1920x1080px_illustrations_learningcenter_89svg_2927b9e87a.svg","Crypto coins vs tokens","\u003Cp>Coins and tokens are often misunderstood and thought to be the exact same thing. This may be partly because terminology in the crypto universe is not always as straightforward as would be desired. And while they are both units of cryptocurrency, coins and tokens do have different functionalities. At least to some extent.\u003C/p>\n","/learn/crypto-101/crypto-coins-vs-tokens/",{},{"category":461,"image":463,"title":466,"excerpt":467,"url":468,"geofencings":469},{"name":63,"url":27,"geofencings":462},{},{"url":464,"mime":374,"ext":375,"width":388,"height":389,"name":465,"alt":17},"bitstampImageUrl/crypto_gas_fees_explained_how_to_minimize_costs_a6c6f85c43_8919a93b79.svg","crypto_gas_fees_explained_how_to_minimize_costs_a6c6f85c43.svg","Crypto Gas Fees Explained: How to Minimize Costs ","\u003Cp>Every blockchain transaction incurs fees, but why do Ethereum gas fees fluctuate so much? Learn more about how gas fees work, why they spike during network congestion, and how to reduce gas costs.\u003C/p>\n","/learn/crypto-101/crypto-gas-fees-explained-how-to-minimize-costs/",{},{"category":471,"image":473,"title":476,"excerpt":477,"url":478,"geofencings":479},{"name":63,"url":27,"geofencings":472},{},{"url":474,"mime":12,"ext":13,"width":400,"height":432,"name":475,"alt":17},"bitstampImageUrl/Cryptocurrency_adoption_in_developing_countriespng_39e6e1f665_a255ccee68.png","Cryptocurrency_adoption_in_developing_countriespng_39e6e1f665.png","Cryptocurrency Adoption in Developing Countries","\u003Cp>Many developing countries have high proportions of cryptocurrency users, indicating a desire for an alternative store of value and medium of exchange.\u003C/p>\n","/learn/crypto-101/cryptocurrency-adoption-in-developing-countries/",{},{"category":481,"image":483,"title":486,"excerpt":487,"url":488,"geofencings":489},{"name":63,"url":27,"geofencings":482},{},{"url":484,"mime":12,"ext":13,"width":400,"height":432,"name":485,"alt":17},"bitstampImageUrl/Cryptocurrency_portfolio_management_1png_0a78a1fc97_fb7421ff39.png","Cryptocurrency_portfolio_management_1png_0a78a1fc97.png","Cryptocurrency Portfolio Management","\u003Cp>Cryptocurrency portfolio management describes the activities involved in selecting and managing digital asset investments according to the desired outcomes.\u003C/p>\n","/learn/crypto-101/cryptocurrency-portfolio-management/",{},{"category":491,"image":493,"title":496,"excerpt":497,"url":498,"geofencings":499},{"name":63,"url":27,"geofencings":492},{},{"url":494,"mime":374,"ext":375,"width":388,"height":389,"name":495,"alt":17},"bitstampImageUrl/Cryptocurrency_vs_Traditional_Money_Key_Differencessvg_fc35102e8f_30e1942d98.svg","Cryptocurrency_vs_Traditional_Money_Key_Differencessvg_fc35102e8f.svg","Cryptocurrency vs. Traditional Money: Key Differences","\u003Cp>While both fiat money and cryptocurrencies serve as mediums of exchange, their origins and underlying mechanisms set the two apart.\u003C/p>\n","/learn/crypto-101/cryptocurrency-vs-traditional-money-key-differences/",{},{"category":501,"image":503,"title":506,"excerpt":507,"url":508,"geofencings":509},{"name":63,"url":27,"geofencings":502},{},{"url":504,"mime":12,"ext":13,"width":400,"height":432,"name":505,"alt":17},"bitstampImageUrl/Ethereum_DAO_hack_2png_3522abe6b1_7689ae0110.png","Ethereum_DAO_hack_2png_3522abe6b1.png","Ethereum DAO Hack","\u003Cp>The DAO was a decentralized autonomous organization launched on the Ethereum blockchain in spring 2016 as an investor-led capital fund. One of the largest crowdfunding campaigns in history, The DAO raised $150 million in Ether before being hacked due to vulnerabilities in the code base, with the attacker siphoning millions out of the project.\u003C/p>\n","/learn/crypto-101/ethereum-dao-hack/",{},{"category":511,"image":513,"title":516,"excerpt":517,"url":518,"geofencings":519},{"name":63,"url":27,"geofencings":512},{},{"url":514,"mime":374,"ext":375,"width":453,"height":454,"name":515,"alt":17},"bitstampImageUrl/1920x1080px_illustrations_learningcenter_75svg_2fe4a05beb_be19e526d3.svg","1920x1080px_illustrations_learningcenter_75svg_2fe4a05beb.svg","Exploring Bitcoin’s forks","\u003Cp>Since the release of Bitcoin in 2009, the Bitcoin community has had many different ideas on improving the Bitcoin blockchain. A lot of these improvements were not compatible with one another and ended up creating something called hard forks.\u003C/p>\n","/learn/crypto-101/exploring-bitcoin-forks/",{},{"category":521,"image":523,"title":526,"excerpt":527,"url":528,"geofencings":529},{"name":63,"url":27,"geofencings":522},{},{"url":524,"mime":12,"ext":13,"width":400,"height":432,"name":525,"alt":17},"bitstampImageUrl/FTX_collapse_1png_a450f6308a_109b8b037d.png","FTX_collapse_1png_a450f6308a.png","FTX Collapse","\u003Cp>FTX was one of the world’s largest cryptocurrency exchanges with a $32 billion valuation at its peak and collapsed over a 10-day period in November 2022. The company filed for bankruptcy and its founder, Sam Bankman-Fried, faced criminal charges. The collapse resulted in the loss of $8 billion in funds, affecting over one million customers.\u003C/p>\n","/learn/crypto-101/ftx-collapse/",{},{"category":531,"image":533,"title":536,"excerpt":537,"url":538,"geofencings":539},{"name":63,"url":27,"geofencings":532},{},{"url":534,"mime":12,"ext":13,"width":400,"height":432,"name":535,"alt":17},"bitstampImageUrl/HODL_meaning_1png_d03feab4aa_b02e42fb12.png","HODL_meaning_1png_d03feab4aa.png","HODL meaning","\u003Cp>HODL is a cryptocurrency slang term used to describe holding on to your coins amid rising and falling crypto prices.\u003C/p>\n","/learn/crypto-101/hodl-meaning/",{},{"category":541,"image":543,"title":546,"excerpt":547,"url":548,"geofencings":549},{"name":63,"url":27,"geofencings":542},{},{"url":544,"mime":374,"ext":375,"width":453,"height":454,"name":545,"alt":17},"bitstampImageUrl/1920x1080px_illustrations_learningcenter_85svg_1ff0a12255_8e80e5ed4b.svg","1920x1080px_illustrations_learningcenter_85svg_1ff0a12255.svg","How do cryptocurrency transactions work?","\u003Cp>To transfer cryptocurrencies like bitcoin, a fundamentally different infrastructure is needed from traditional payment systems. The Bitcoin network is the first infrastructure to enable peer-to-peer transfers of digital money, putting the advantages of blockchain technology and public-key cryptography into practice.\u003C/p>\n","/learn/crypto-101/how-do-cryptocurrency-transactions-work/",{"geofencing-uk":66},{"category":551,"image":553,"title":556,"excerpt":557,"url":558,"geofencings":559},{"name":63,"url":27,"geofencings":552},{},{"url":554,"mime":374,"ext":375,"width":453,"height":454,"name":555,"alt":17},"bitstampImageUrl/1920x1080px_illustrations_learningcenter_76svg_69203072f2_1a870eb367.svg","1920x1080px_illustrations_learningcenter_76svg_69203072f2.svg","How do smart contracts work?","\u003Cp>Smart contracts are pieces of code stored within a blockchain that specify a number of conditions and can only be executed once these conditions are met. They come in many different shapes and sizes, from those that move around coins or tokens within the blockchain environment, to those that rely on external data to satisfy their conditions.\u003C/p>\n","/learn/crypto-101/how-do-smart-contracts-work/",{},[561,562,563],"/category-posts/crypto-101-en-1.json","/category-posts/crypto-101-en-2.json","/category-posts/crypto-101-en-3.json",1776263683350]