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"Blockchain technologies like Bitcoin and Ethereum are at a base level distributed databases that are hosted by nodes. A consensus mechanism allows the distributed network of nodes to reach an agreement of the current state of the network, work together in sync and stay secure. For Ethereum and Bitcoin, the consensus mechanism is Proof of Work (PoW) where GPU-Miners compete to form new blocks with completed transactions that will be shared with the network and added to the chain. The winner is the fastest to solve complex math equations and is rewarded the underlying token of the network (i.e. ETH, BTC).
There are many consensus mechanisms but the two most popular ones are Proof of Work and Proof of Stake."
-Harsharn Singh, Investment Associate @ Ember Fund
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November 21, 2022
Welcome to the October 2022 Recap Newsletter! We hope everyone is safe & sound. Despite November being one of the wilder months in a while (given all the news), last month was a strong one for crypto.
November 16, 2022
The Ember team is proud to announce the launch of our latest investing feature: Recurring Deposits
November 15, 2022
With all the news around FTX, we felt it would be helpful to run through what non-custodial wallets are and why they’re important.