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Your all-in crypto tax solution, all in one place
TURBOTAX ONLINE GUARANTEES TurboTax Individual Returns: 100% Accurate Calculations Guarantee – Individual Returns: If you pay an IRS or state penalty or interest because of a TurboTax calculation error, we’ll pay you the penalty and interest. Excludes payment plans. This guarantee is good for the lifetime of your personal, individual tax return, which Intuit defines as seven years from the date you filed it with TurboTax. Excludes TurboTax Business returns. Additional terms and limitations apply.…
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Crypto Coins and Tokens: Their Use-Cases Explained
Entering the cryptocurrency market can be a complicated and daunting task. You may have heard of Bitcoin, but what about the other thousands of coins and blockchain projects out there? How do they work and are they all the same? Well the answer is no, they are not all the same at all. While many cryptocurrencies offer the same core feature: a peer-to-peer transfer of monetary value, the purposes of different coins and tokens can…
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Decred (DCR): A Hybrid Approach to Consensus
What Is Decred? Launched in 2014, the Decred network is built atop the original codebase for Bitcoin, but includes adjustments geared toward achieving greater scalability and fostering a holistic network incentivization structure. In other words, Decred is considered a Bitcoin fork. The Decred coin (DCR) functions similarly to cryptocurrencies like BTC and BCH, but is supported by an innovative hybrid consensus mechanism and governance model. Decred fashions its governance on a sustainable funding model to…
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What is Tezos (XTZ)
Tezos is an open-source platform for developing smart contracts and decentralized applications. The Tezos network is renowned for its ability to self-upgrade enabled by its unique governance process and consensus mechanism. It also implements formal verification; one of the highest system integrity standards, to secure its smart contracts. This article explores what Tezos is, how it functions and what makes it unique. What is Tezos? Tezos is an open-source blockchain that enables smart contracts and…
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What is a cold wallet?
A cold wallet is a type of cryptocurrency wallet that securely stores your private crypto keys offline, usually on a physical device. It’s also known as a hardware wallet, and it protects your digital crypto assets from online hackers by using a flash drive-like device that isn’t connected to the internet. Cold wallets are a form of what’s known in the crypto world as cold storage, and are used to ensure the safety of cryptocurrency…