Pro courseIntermediate12 minCrypto Foundations
Understanding Altcoins
Altcoins are all the cryptocurrencies other than Bitcoin, and there are thousands of them. This module explains the main kinds, from Ethereum and stablecoins to meme tokens, and the numbers that drive their risk, such as supply unlocks and liquidity. You will finish with a neutral checklist for researching any token before you touch it.
- 1Ethereum and smart contractsWhat Ethereum is, how smart contracts work, what tokens and gas are, and the risks that come with code that runs by itself.3 min
- 2Stablecoins: fiat-backed vs. algorithmicHow stablecoins try to stay at $1, the difference between reserve-backed and algorithmic designs, and the lessons of the Terra/UST collapse in May 2022.3 min
- 3Layer-2s and token types: utility, governance and memeHow layer-2 networks make blockchains cheaper and faster, and the difference between utility, governance and meme tokens.3 min
- 4Tokenomics, liquidity risk and how to research a tokenSupply, unlocks, dilution and fully diluted valuation explained, why small coins can fall 90%+, and a neutral checklist for researching any token.3 min
Part of DUKOIN Pro
See plansEvery lesson's introduction is free to read. The full lessons, quiz and challenges come with Pro.
Education, not investment advice. Crypto prices can fall sharply and most retail traders lose money. Practice in DUKOIN uses virtual USD with no real value.