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Cryptocurrency Enthusiasts

Joined October 2019 774 Followers


Bitcoin and Quantum Computing — Is Bitcoin Vulnerable to Quantum Computing?

14 Jan 2020 5 minute read comments cryptomagis

Quantum computing isn’t even here yet, but with the advent of robots, AI, 'big data' and all the other supposed innovations around the corner, it’s not surprising that some people are questioning what effect it may have (if any) on the prevalence of...

Can Blockchain Change the World? — 3 Signs that it could be the Next Internet

12 Jan 2020 7 minute read comments cryptomagis

The problem with blockchain is that it has received attention for being a disruptive technology that – in actual fact – isn’t that disruptive in itself. Like most things in the modern world, the majority of the influence & attention directed at Block...

Blockchain Technology and Vehicles — 5 Ways Blockchain will Change the Car Industry

10 Jan 2020 4 minute read comments cryptomagis

A report posted by IBM suggests that up to 62% of automotive businesses will invest in blockchain to manufacture the cars of the future. Moreover, the report also identified that blockchain technology for vehicles, their manufacture and supply chains...

Bitcoin And Anonymity: What is Bitcoin Mixing? And Why do People Use it?

8 Jan 2020 8 minute read comments cryptomagis

Bitcoin is a peer-to-peer decentralized form of electronic assets which do not require any central authority for confirmation or record keeping. There are two concepts to note here that are critical to the new kind of digital assets that are collecti...

What is NEO? — 'Neo Kid on the Block' — Beginner's Guide

6 Jan 2020 5 minute read comments cryptomagis

One of the first cryptocurrencies to come out of China, NEO used to be called Antshares until it rebranded in late 2017. As one of the breakout crypto systems of 2017, many people have been questioning why it’s important and what it’s able to do. And...

What is IOTA? — 'Kingpin of IoT' — Beginner's Guide

3 Jan 2020 5 minute read comments cryptomagis

IOTA was introduced in July 2016 as a cryptocurrency for managing 'Internet of Things' (IoT) devices in a completely decentralized way. The premise behind the coin was to create a system which would be entirely free (unlike Bitcoin which encourages t...

What is Cardano (ADA)? — 'Programmatic Excellence' — Beginner's Guide

31 Dec 2019 5 minute read comments cryptomagis

Cardano is a cryptocurrency, released in late 2015 to provide a new infrastructure layer for blockchain payments. Rather than being another Bitcoin spin-off, it’s actually got a large foundation behind its development (IOHK – Input Output Hong Kong)....

What is Litecoin (LTC)? — 'Near-Zero Payment Cost' — Beginner's Guide

22 Dec 2019 5 minute read comments cryptomagis

Litecoin is a clone of Bitcoin, with minor technical differences which contribute to its underlying value proposition. Published as open-source in October 2011 by a former Google engineer (Charlie Lee), the system quickly took up pace with a market c...

What is Stellar (XLM)? — 'A System to Pay Attention To' — Beginner's Guide

19 Dec 2019 5 minute read comments cryptomagis

Following a steady rise in adoption & usage, Stellar (with its currency lumens) has been noted by many as 'one to watch' in the world of cryptocurrencies. Unlike many other 'crypto' systems, this has been designed by a very influential group, includi...

What is Ripple (XRP)? — 'The Goliath that Never Was' — Beginner's Guide

11 Dec 2019 6 minute read comments cryptomagis

The Ripple cryptocurrency is the third most valuable crypto coin by market capitalization, at the time of writing. Ripple is different to a number of the other coins in that it’s focused on building out an infrastructure layer for financial instituti...