Learning Centre

Apr 4, 2021
1 min

Is Bitcoin Mining Legal?

The legality of Bitcoin mining depends entirely on your geographic location. The concept of Bitcoin can threaten the dominance of fiat currencies and government control over the financial markets. For this reason, Bitcoin is completely illegal in certain places. Bitcoin ownership and mining are legal in more countries than not. Some examples of places where it is illegal are Algeria, Egypt, Morocco, Bolivia, Ecuador, Nepal, and Pakistan. Overall, Bitcoin use and mining are l

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AFRICA TO MARS

Apr 4, 2021
2 min

What is DeFi?

The use of technology in financial services is not new. Most transactions at banks or other financial services companies are accomplished with the help of technology nowadays. However, the role of technology is restricted to being a facilitator of such transactions. Companies still have to contend with navigating the legalese of jurisdictions, competing financial markets, and different standards to make a transaction possible. With its stack of common software protocols and p

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AFRICA TO MARS

Apr 4, 2021
2 min

Understanding Bitcoin

The bitcoin system is a collection of computers (also referred to as "nodes" or "miners") that all run bitcoin's code and store its blockchain. Metaphorically, a blockchain can be thought of as a collection of blocks. In each block is a collection of transactions. Because all the computers running the blockchain has the same list of blocks and transactions, and can transparently see these new blocks being filled with new bitcoin transactions, no one can cheat the system. Anyo

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AFRICA TO MARS

Apr 4, 2021
2 min

What Are Coin Mining Pools?

Mining rewards are paid to the miner who discovers a solution to the puzzle first, and the probability that a participant will be the one to discover the solution is equal to the portion of the total mining power on the network. Participants with a small percentage of the mining power stand a very small chance of discovering the next block on their own. For instance, a mining card that one could purchase for a couple of thousand dollars would represent less than 0.001% of the

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AFRICA TO MARS

Apr 4, 2021
1 min

Smart Contracts

What Is a Smart Contract? A smart contract is a self-executing contract with the terms of the agreement between buyer and seller being directly written into lines of code. The code and the agreements contained therein exist across a distributed, decentralized blockchain network. The code controls the execution, and transactions are trackable and irreversible. Smart contracts permit trusted transactions and agreements to be carried out among disparate, anonymous parties withou

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AFRICA TO MARS

Apr 2, 2021
5 min

What is Blockchain?

Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system. A blockchain is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain. Each block in the chain contains a number of transactions, and every time a new transaction occurs on the blockchain, a record of that transaction is added to every participant’s ledger.

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Learning Centre

"Education is the most powerful weapon you can use to change the world" - Nelson Mandela

In any nation or continent that is actively growing and expanding, education is found to be a key element of this growth. When we look at Africa and its youth population, it becomes obvious that education cannot be sidelined.

At AFRICA TO MARS we are committed to empowering Africa by providing content in our learning centre that is informative, beneficial and trustworthy.

Our learning centre aims at assisting the crypto community in Africa with content that can improve the communities knowledge and understanding of crypto and the blockchain world.