July 2021

Unlike traditional brokerage firms, cryptocurrency exchanges are not members of the Securities Investor Protection Corp. (SIPC). Therefore, unless user terms specify otherwise, investors with cryptocurrency assets commingled on a custodial cryptocurrency exchange could potentially lose their funds as unsecured creditors. Cryptocurrency as an asset class is riskier than other more traditional investments. Investing in cryptocurrencies based on memes or hype, like Dogecoin, is even riskier than investing in established digital assets with strong fundamentals. That being said, there’s strong community support for DOGE and buying well below all-time high prices may present a good opportunity.

How To Buy Dogecoin (DOGE)

As Dogecoin is one of the more popular cryptocurrencies, you should be able to find Dogecoin as an available option on most of the more popular exchanges. As with any crypto, be sure to check if the platform allows you to access your own digital wallet, which means you can send and receive Dogecoin. Dogecoin is based on the same underlying technology as Bitcoin and other cryptocurrencies, using a decentralized blockchain to record transactions and maintain a public ledger. Instead, transactions are processed and verified by a network of computers around the world, and new coins are created through a process called mining. One of the main benefits of centralized exchanges is their high level of security. CEXs typically have strong security measures in place to protect user funds.

You can deposit money into your cryptocurrency account through various methods, such as credit or debit cards, depending on the exchange’s policies, as well as your jurisdiction. Although DOGE is now its own distinct, multi-billion-dollar crypto, it offers no unique utility in the digital currency and payments space. Before investing in Dogecoin, make sure you explore DOGE price prediction data and closely evaluate the risks. A spot Ethereum ETF is an ETF that tracks the price of Ethereum and is traded on traditional stock exchanges rather than cryptocurrency exchanges.

What Is Dogecoin?

The market can be highly volatile and unpredictable, which makes security measures even more crucial for protecting your investment. Dogecoin was created in 2013 as a decentralized cryptocurrency, initially intended as a joke based on the popular “Doge” meme. Despite its humorous beginnings, Dogecoin has since gained a significant following and become one of the top cryptocurrencies in terms of market capitalization. The simplest way to buy Dogecoin (DOGE) is on a cryptocurrency exchange, where you can buy tokens with U.S. dollars or sometimes with other digital assets. But before you add Dogecoin to your portfolio, make sure you know what you’re getting into.

Most exchanges let you buy as little as $5 worth of DOGE, if not less. Just type in how much you want to spend in USD and let the exchange work out the rest. If you’re ready to get started, read on for step-by-step instructions and a list of platforms you can use to buy Dogecoin in the US.

This provides an alternative payment option that can be faster and more secure than traditional payment methods. Investing responsibly in Dogecoin or any other cryptocurrency involves being aware of the risks and making informed decisions. Dogecoin, like other cryptocurrencies, how to buy bft is also affected by supply and demand dynamics.

Deposit Funds to Your Account

As a first assignment, the Board of Advisors will be working to secure three-year funding that would allow it to employ a small, dedicated staff to work on Dogecoin full-time. Up until now, the work on the ecosystem has been done by volunteers. After the SNL appearance, DOGE crashed despite Musk’s promises to moon its price. In the following months, Musk seemed to lose interest, and the price of DOGE has tumbled over 70% from its all-time high. However, Musk still wields power over Dogecoin, as occasional tweets indicate.

1. Finder.com compares a wide range of products, providers and services but we don’t provide information on all available products, providers or services.
2. Before investing in Dogecoin, make sure you explore DOGE price prediction data and closely evaluate the risks.
3. Check out some of the top cryptocurrency exchanges that support Dogecoin below.
4. Before using a card to finance your crypto purchases, keep in mind that your credit card company will consider the money to be a cash advance and charge added fees and a higher APR.

In the US, tax obligations also apply to mining, professional Dogecoin trading and in a range of other scenarios, so make sure you’re fully aware of what you need to report to the IRS. Some platforms only offer 1 way to buy Dogecoin, while others provide several choices. The 2 most common ways to buy DOGE are on the spot market or with an “instant buy” feature. Software engineers Billy Markus and Jackson Palmer created Dogecoin (DOGE) as a joke to inject some comedy and entertainment into the cryptocurrency space. While this has helped make DOGE the #10 crypto by market cap, Dogecoin is still a highly volatile asset capable of major price swings in a single day.

It is a fork of the Bitcoin and Litecoin codebases with some modifications, including its total supply and block time. Similar to BTC and LTC, DOGE is a payment coin that relies on a proof-of-work consensus that requires miners to run hardware to generate new blocks and support on-chain transactions. Dogecoin’s future success will be influenced by factors such as its adoption by mainstream businesses and its ability to differentiate itself from other cryptocurrencies. Some bitcoin trading and investing a complete beginners guide to buying bitcoins experts believe that Dogecoin’s popularity and robust community support could contribute to its long-term success as a viable digital currency. The future prospects of Dogecoin, like most digital currencies, are uncertain.

Understanding Crypto Wallets

Don’t worry too much about extra features or coins for now – you can always sign up with another exchange later. Investing in Ethereum through an ETF is an accessible way for those who want exposure to Ethereum without directly purchasing the cryptocurrency. Keep in mind that these are suggestions and that the exchange that is best for you will depend on your individual needs.

Dogecoin has seen price surges in the past, but it typically trades at prices that are well under $1, which makes it one of the more affordable cryptocurrencies on the market. The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. We believe everyone should be able to make financial decisions with confidence. Dogecoin made headlines in February 2023 when one of Elon Musk’s tweets caused a spike in Dogecoin’s price. With its low price and growing popularity, more and more people are interested in purchasing Dogecoin.

One of the main benefits of DEXs is that they offer a high level of security and privacy. Since DEXs do not hold user funds or personal information, they are less vulnerable to hacking attacks than centralized exchanges. Additionally, DEXs do not require KYC/AML (anti-money laundering) procedures, meaning that users can trade cryptocurrencies without providing personal information. Most exchanges will allow you to store digital assets directly on the exchange itself. While this is the simplest and most straightforward way to store your crypto, it can also leave your assets exposed in cases of crashes or hacks.

Therefore, ensure you do your due diligence before adding this meme coin to your portfolio. Yes, you can directly buy Dogecoin from various cryptocurrency exchanges or platforms that where to spend bitcoins uk 2020 support Dogecoin trading. Just make sure to do your research and choose a reputable and secure platform to make your purchase.

You can make money with Dogecoin, but you will likely not get rich off Dogecoin as the token doesn’t have the supply or potential to offer massive gains. Dogecoin is not a scam, but it is considered by many to be a bubble. Its value comes from user adoption and utility, but investing in it should be approached with caution due to its volatile nature. Our team is diligently working to keep up with trends in the crypto markets.

Whether products shown are available to you is subject to individual provider sole approval and discretion in accordance with the eligibility criteria and T&Cs on the provider website. Read our guide on how to earn free crypto for other potential ways to earn some free DOGE. Unfortunately, there’s no easy way of knowing for certain whether any asset is a good investment. A good place to start your research is by considering DOGE’s utility. Once you’ve bought some DOGE, think about your short and long-term goals.

CEXs are popular because they offer a wide variety of trading pairs, high liquidity, and advanced trading features. Once an account is set up and verified, you can deposit funds, either in the form of fiat currency or cryptocurrency. The Ellipal Titan is a hardware cryptocurrency wallet that offers users a secure way to store and manage their digital assets. Ellipal is a great choice hardware wallet for any Ether tokens, and it also supports Bitcoin, XRP, Cardano, Litecoin and over 10,000 other cryptocurrencies. This can be a passive way to earn rewards, but it may require a minimum balance and may be subject to fees or other restrictions.

If you want to keep the original file after compression, there are two options. The first is the -k option, and the other uses the -c option to output the compressed file to a different file, preserving the original. After reading this article, you know how to extract or unzip .tar.gz file in Linux using different methods and tools. It also integrates with the Windows Explorer context menu, which enables users to create and extract archives directly from the right-click menu.

A “.tar” file is a collection of files compressed into a single file or archive. Short for “Tape ARchive,” the name “TAR” is a throwback to when files were stored on magnetic tape drives. Then I used tar xvf (extract, most encrypted messaging apps are vulnerable to side-channel attacks! verbose, file-archive) to unpack the contents here.

1. The files will be extracted to the selected location.
2. Files from the ignored directories are still extracted, but the directory structure is not replicated on your hard drive.
3. Right-click the first result and select the “Run as administrator” option.
4. This option is supposed to only add the new files according to help docs, but in my practice, it worked the same as append, adding new copies of all the files.
5. If you want 7-Zip to always handle tar.gz files in the future, you’re going to want to select the “Always” button at the bottom of the dialog.

Here’s how to extract — or untar — the contents of a tar file, also known as a tarball. While gzip compression is most frequently used to create .tar.gz or .tgz files, tar also supports bzip2 compression. This allows you to create bzip2-compressed files, often named .tar.bz2, .tar.bz, or .tbz files. To do so, just replace the -z for gzip in the commands here with a -j for bzip2. This command extracts (-x) the file (-f) specified (in this case, filename.tar.gz) to the current directory. Note that this command also works with other common compression formats such as .tar.bz2.

Using the command line (cmd)

If you’re not comfortable with the terminal or command line, third-party tools such as 7-Zip offer a more user-friendly alternative. In this example, the user tried to extract the file titled “FILE” from filename.tar.gz. However, tar was unable to find FILE within .tar.gz, meaning that the user either misspelled the name or that the file simply doesn’t exist in filename.tar.gz. Another common cause of errors is case sensitivity, where Linux treats “FILE” and “file” as two separate entities. If the command line isn’t your thing, there are plenty of user-friendly tools available to unzip tar.gz files.

Refresh the basics: Archive vs Compression

The .tar portion of the file extension stands for tape archive, and is the reason that both of these file types are called tar files. Tar files date all the way back to 1979 when the tar command was created to allow system administrators to archive files onto tape. Forty years later we are still using the tar command to extract tar files on to our hard drives. Someone somewhere is probably still using tar with tape.

Getting Started With Tar Command

Tar stands for “tape archive” and refers to a practice from the earlier days of computing when data was backed up to tapes. Despite the nostalgic origin of the name, tar is very powerful and uses modern technologies to archive and compress files. The following article will help you to extract (unpack) and uncompress (untar) – tar, tar.gz and tar.bz2 files from the Linux command line. Notice that we don’t need to use the -z option to list the files.

Run the info tar command at the shell to view the tar command’s detailed information page. Press the q key to quit the information page when you’re done. If the file is a bzip2-compressed file, replace the “z” in the above how to buy icx commands with a “j”.

For this article, I want to demonstrate some of the common methods for archiving and compressing files using tar. For example, it goes without saying, that it is inadvisable to untar the whole large archive if you need for example to extract only a dingle file or a directory from it. To extract a single file, provide the path and the name of the file.

The tar command is extremely powerful, and you can do things like list or search for files in a tar archive, or extract a single file. And now you can use the 7-Zip File Manager to open, view, or extract files from tar.gz and other archives. If you want a specific file, you can drill down into the folder, or you can simply click the “Extract” button and choose a location to put all the files.

Here is a complete list of the documents that will be used. For more information and to schedule a live demo, contact a hosting expert from Kinsta today. Once you choose the directory, click the Select button in the top right corner.

Gzip is also more common, with some stripped-down Linux systems including gzip support what is bitcoin mining by default, but not bzip2 support. In general, though, gzip and bzip2 are practically the same thing, and both will work similarly. In some cases, you may wish to compress an entire directory, but not include certain files and directories. You can do so by appending an –exclude switch for each directory or file you want to exclude. You can easily unzip the resulting .tar.gz file with the decompress (-d) option.

You can use the -t option (instead of -c) to view the contents of an archive file. This works the same whether the file is compressed or not. It will list the actual file size, not the compressed size. While tar itself cannot compress files, you can use one of the common compression algorithms to compress the files while creating a tarball. I’ll show you how to do that later in this basic tar tutorial.

We may also receive payment if you click on certain links posted on our site. For example, if you believe that Bitcoin (BTC) is digital gold, and you’re willing to wait years to make a return on your investment, then you might find crypto worth investing in. Though the price of BTC has been volatile over the past decade and a half, it’s still climbed from less than $0.01 to almost $70,000 at its peak. Once you find a platform that accepts deposits, make sure it supports both the crypto you already own and the one you want to buy. On some exchanges, best ecn brokers in 2023 fee comparison included these two cryptos may be a trading pair, which means you can directly swap one for the other.

How to Invest in Cryptocurrency

Depending on the platform and the amount you plan to buy, you may have to verify your identity. This is an essential step to prevent fraud and meet federal regulatory requirements. Given the riskiness of cryptocurrency as an asset class, it’s especially important not to invest more money in crypto than you can afford to lose. A best practice among investors is to periodically review your entire portfolio to assess the need to rebalance your holdings.

If you’re just in the market to speculate in an attempt to get rich quickly, you may want to think twice about investing in crypto, especially if you have a low-risk tolerance. Bitcoin, the world’s most well-known cryptocurrency, can be purchased through many different mediums. Many exchanges offer far more than bitcoin, with some of these marketplaces offering trading of hundreds of cryptocurrencies. These machines offer users a straightforward way to purchase bitcoin using more traditional payment methods like cash and bank cards. These machines frequently leverage two-factor authentication, which requires multiple steps to verify a user, to help ensure the security of transactions.

Payment apps

Following these tips will help protect your cryptocurrencies from scams and security breaches. XRT facilitates operations such as slot renewal in Polkadot and rewards stakeholders. It features a burn mechanism to control inflation, enhancing the network’s robustness for future applications. The incremental issuance of XRT, controlled through on-chain voting by token holders, supports the reward system for parachain collators, ensuring network sustainability. The comments, opinions, and analyses expressed on Investopedia are for informational purposes only. As of the date this article was written, the author does not own cryptocurrency.

1. If you’re looking for an exchange that operates solely within the cryptocurrency world, look for pure-play crypto exchanges.
2. XRT leverages tools from independent teams in Polkadot (Kusama) and Ethereum communities, facilitating multi-chain interactions and services for IoT applications.
3. You should choose a broker if you’re looking to trade a variety of asset types under the same roof.
4. For direct investing in crypto coins, you can buy cryptocurrency using crypto exchanges or apps or through certain broker-dealers.
5. If you don’t already have an exchange in mind, check out our top picks for the best crypto exchanges.

Investors can utilize different investment vehicles like digital wallets, taxable brokerage accounts, and cryptocurrency IRAs to hold and invest in crypto assets. As we have explored in this guide, the crypto market offers a wealth of opportunities for high returns, but it requires understanding and strategic planning. From low cap cryptos like PLU, XRT, CUBE, and INV that offer unique value and high growth potential, to the limitations of high market cap cryptos like BTC, ETH, and SOL, understanding these dynamics is key. The role of market capitalization in predicting potential growth or decline is crucial, as is recognizing the innovation in blockchain projects and the rise of DeFi tokens. The power of native tokens in new blockchain projects should not be underestimated, and the importance of diversification strategies in crafting a balanced crypto portfolio is paramount. Understanding the evolution of DEXs, securing your crypto holdings, and navigating crypto taxes are all essential parts of navigating the crypto market.

There are multiple options to consider when it comes to digital wallets. PancakeSwap, a decentralized exchange on the Binance Smart Chain, has gained recognition for its low fees. During a DEX offering, a significant network congestion issue occurred, where botting activity generated 400,000 transactions per second, ultimately crashing validators due to memory exhaustion. The inclusion of meme tokens like ApeCoin, with specific purposes such as facilitating decentralized Web3, can enrich portfolio diversity. Meme tokens are speculative and can offer high returns, but they should be included cautiously in a portfolio due to their volatility and dependence on social media and community support.

All-in-one exchanges: Trade more than crypto

While some exchanges allow credit card deposits, these come with risks and additional costs. Credit card companies often categorize crypto purchases as cash advances, leading to higher interest rates and extra fees. Coupled with fees from both the credit card and the exchange, you could lose up to 10% of your crypto purchase. You can invest in Bitcoin, crypto and crypto-adjacent companies via crypto stocks like Block Inc (SQ), Coinbase Global (COIN) and Riot Platforms Inc (RIOT). The price movements of some of these stocks tend to correlate with the price movements of major crypto assets like Bitcoin (BTC) and Ethereum (ETH).

The prices of cryptocurrencies in the future could also be affected by regulatory changes, with the worst-case possibility that cryptocurrency becomes illegal and therefore worthless. Solana was designed to support decentralized finance, or DeFi applications, DApps and smart contracts. It uses a unique method combining proof of stake and proof of history to process transactions quickly and securely.

Harmony and Polkadot aim to improve interoperability, with Harmony focusing on scaling Ethereum applications and Polkadot offering a multi-chain ecosystem through its relay chain and parachains. These platforms offer distinct smart contract capabilities and are potential competitors to the Ethereum network. XRT, by paving the way for the implementation of decentralized urban infrastructures, is set to become a cornerstone for smart city developments, closely linked to the growth of Industry 4.0.

By following these steps, you can ensure the safety of your cryptocurrencies. These crypto projects are pushing the boundaries of blockchain technology and driving innovation in the industry. Bitcoin’s value has experienced a substantial surge over the past decade, garnering widespread recognition. However, as of May 2024, the price had skyrocketed to more than $60,000 for a single Bitcoin. Enjoy up to 5% back on all spending with your sleek, pure metal card.No annual fees.

Start Investing In Cryptocurrency: A Guide for Newcomers & Beginners

Also, keep in mind that my ban hasnt been lifted yet can i still get a quote fees for using credit and debit cards tend to be high. The best way to buy cryptocurrency is through reputable crypto exchanges like Coinbase, Uphold, Kraken, and Gemini, as they allow you to invest directly with USD and offer a secure platform for buying and selling. You can also access the crypto markets online or through mobile apps, making it convenient to engage in cryptocurrency transactions.

As an investor in cryptocurrency, you need to decide how much of your portfolio to allocate to digital assets. There are two ways you can go about purchasing bitcoin and other cryptocurrencies—either through a broker or a cryptocurrency exchange. Like many other cryptocurrencies, bitcoin operates on a blockchain, or a shared public ledger.

Software wallets, which can be self-hosted or custodial, and hardware wallets are the primary types for securely managing cryptocurrency holdings. For long-term storage, using a hardware wallet like those offered by Ledger and Trezor is highly recommended. Ethereum is the second-largest cryptocurrency by market capitalization, recognized for its pioneering smart contract technology since its launch in July 2015.

That’s because credit card transaction fees on crypto exchanges often run high. While there are thousands of cryptocurrencies being traded around the world, you’ll find that the most popular options are widely available for purchase in fiat currencies such as the U.S. dollar. If you’re a first-time buyer, you’ll very likely have to use regular money to buy reddit user claiming to be tesla insider appeared to cryptocurrency.

Once you’ve purchased your crypto, you’ll then have to decide where to store its private keys. The best exchange for you depends on your needs, but beginners should look for exchanges that offer simple web and mobile interfaces, educational resources, and readily available customer support. At the height of Bitcoin’s price, this wallet would have been worth approximately $75.7 billion. It is believed that Satoshi Nakamoto, the pseudonymous inventor of Bitcoin, owns the most Bitcoin. A wallet with approximately 1.1 million Bitcoins is linked to Nakamoto. However, it is also believed that none of these coins have been touched since early in Bitcoin’s history.

The tar command will work happily with both types of file, so it doesn’t matter which compression method was used — and it should be available everywhere you have a Bash shell. You just need to use the appropriate tar command line options. You will learn how to list the contents of a tar archive without unpacking it and how to extract only a single file or a single directory. Most of the time, you will get your hands on a compressed package that needs extracting.

You can notice in the above image that the archive files are extracted in the same working litecoin price prediction 2020 directory. It’s easy to get confused when navigating between .tar, .tar.gz, and .gz – not to mention zipping and unzipping them. Here are a few frequently asked questions we commonly hear from users working with .tar.gz files. Some third-party tools also offer extended flexibility for converting between file types‌, saving more time if you want to change between compression formats. If you want to keep the original file after compression, there are two options.

Note that the path is wrapped in quotation marks because there are spaces in the path. Notice that we bitcoin complete guide to mastering bitcoin mining trading and investing pdf don’t need to use the -z option to list the files. We only need to add the -z option when we’re extracting files from a .tar.gz file. Likewise, we don’t need the -j option to list the files in a tar.bz2 file. The following article will help you to extract (unpack) and uncompress (untar) – tar, tar.gz and tar.bz2 files from the Linux command line. The -so and -si flags denote Standard Output and Standard Input.

This compression is lossless – that means no data is lost during the compression process, and the original files can be fully restored upon extraction. You can open most .tar.gz files using the tar command built in to Linux, macOS, and Windows 10. If you’re not comfortable with the terminal or command line, third-party tools such as 7-Zip offer a more user-friendly alternative. In this example, the user tried to extract the file titled “FILE” from filename.tar.gz.

How to Unzip .tar.gz in Linux using tar

The –strip-components option requires a numerical parameter. The number represents how many levels of directories to ignore. Files from the ignored directories are still extracted, but the directory structure is not replicated on your hard drive. So far we’ve just taken a leap of faith and extracted the files sight unseen. You can review the contents of a tar file before you extract it by using the -t (list) option. It is usually convenient to pipe the output through the less command.

How to Extract a tar.gz File to a Different Directory

The aforementioned command will extract the archive.tar.gz file to the /Downloads folder. The name “Tar” stands for “Tape Archiver” because it was used to place data on storage tapes when tar was invented. The tar program takes one or more files and “wraps” them into a self-contained file.

Unzip .tar.gz in Linux

It is still used today for consolidating and compressing data. Archives created with tar are typically saved with a .tar extension and can also be compressed to save space, resulting in files like .tar.gz or .tar.bz2. Though both .zip and .tar.gz archive and compress files, they do so in different ways. In other words, .zip is a collection of compressed files, while .tar.gz is a compressed collection of files. WinRAR is a popular file compression & archive utility software. Where .zip files consist of many individually compressed files, .tar files are compressed as a single package, leaving its files uncompressed.

Thankfully, unless you’re somehow missing your tar or gzip utility, most common errors are very easy to fix. Unlike Windows’ convenient graphical user interface (GUI) for unzipping .zip files, you need to use the tar utility through the command line. However, there what are the best ways to store bitcoins safely are also many third-party tools you can install for a more user-friendly experience. Though gzip is the most common compression utility, it’s not the only one. As you might imagine, using a different compression utility on a .tar file will result in a different double extension. Some common examples include .tar.bz2 (bzip2), .tar.br (Brotli), and .tar.zst (zstd), among many others.

List contents of .tar.gz file in Linux

1. So far we’ve just taken a leap of faith and extracted the files sight unseen.
2. Snaps were developed by Canonical, the company behind Ubuntu, to package and distribute software focusing on security, sandboxing, and ease of installation and updates.
3. The following article will help you to extract (unpack) and uncompress (untar) – tar, tar.gz and tar.bz2 files from the Linux command line.
4. Files that have a .tar.gz or a .tar.bz2 extension are compressed archive files.
5. On Linux, there are multiple ways to unzip compressed archives.
6. A GUI is more suitable for beginners than a command-line tool.

To do this we’ll use almost exactly the same command as before but with one important difference. The .bz2 extension suffix tells us it has been compressed using the bzip2 command. Instead of using the-z (gzip) option, we will use the -j (bzip2) option to unzip the bz2 file. A GZ file is nothing but a file compressed using the gzip algorithm. You can use the official GNU gzip utility to extract the content of the compressed archive file.

If you’re familiar with packages in Linux, you may have come across a TAR or a TAR.GZ file. While experienced users know what is a TAR file and how to extract it, Linux newbies might face some difficulties in figuring out what to do with it. Ubuntu LTS (Long-Term Support) versions, known for their stability and extended support periods, are typically released every two years in April.

These are popular for organizations and users who require a reliable and well-supported Ubuntu operating system. Sometimes you need to view the content of a tar file as it collects many files and ensures if a specific file is present. Many of the downloadable Linux/Unix files found on the internet are compressed using a tar.gz format. Therefore, knowing how to open or untar tar.gz files is very useful.

If the file you’re looking at is a TAR.GZ, using either tar or 7-Zip to extract the file will be a much simpler choice. The following tar examples cover how to untar both popular formats and extract the contents of the compressed archive to a different directory. The most often used algorithm for compressing tar files is Gzip.

A few simple commands are all it takes to untar, unzip or extract tar gz files from within running Linux or Unix operating environments. Hopefully this has helped you decompress, unpack and extract those compressed tar and tar gz files you downloaded from the internet. If you are looking for additional helpful solutions, you might want to check out this right mouse click open files as root article. In Linux, the term “untar command” isn’t a standalone command. Instead, it commonly refers to the process of extracting, unzipping, or uncompressing tar and tar.gz files from a tar archive.

A file with just a .tar extension is uncompressed, but those will be very rare. People new to the .tar format usually equate it to a .zip archive, but a tar archive is not compressed. Tar collected all the files into one package, but the files can be compressed with separate utilities.