Sirwin
Sirwin

Cryptocurrency

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Cryptocurrencies are digital assets that have strong foundations in cryptography, designed with the intention of being a decentralized medium of exchange and store of value, among other uses.

Most cryptocurrencies are built using blockchain technology, with Bitcoin being the first of its kind, at least as far as what we consider cryptocurrencies to be today. Other technologies, like the IOTA project’s Directed Acyclic Graph (DAG), also exist. 

Starting with Bitcoin, cryptocurrencies have been designed with democracy and transparency in mind, as several permissionless blockchains, in theory, grant equal power to every node on the network. Blockchains are also designed to resist tampering; any fraudulent financial would require an immense amount of computing power or resources to happen. Theoretically, it is possible to alter data on the ledger but Bitcoin has proven resistant to this. This security is another selling point of cryptocurrencies. 

A few types of cryptocurrencies have come to form their own categories over the years. Some of these are security tokens, stablecoins and utility tokens. 

Stablecoins, for example, are assets that are pegged to a fiat currency and aim to remain at the price of $1. The benefit of this is that investors can use the stablecoin to mitigate the effects of the market’s volatility. Utility tokens are tokens that are used to access products and services, and flow back into the platform’s ecosystem. Security tokens are tokens that, when invested in, holders can expect a profit from.

Blockchain technology is considered to be very early in its maturity and as such multiple pioneering upgrades and research are currently taking place.


Best Crypto Presale to Buy Now: Unveiling the Best Presale Cryptos in 2024 - ButtChain Tops List Ahead of 5thScape, Darklume, Sealana and More!

5 minutes ago 3 minute read 0 comments Publish0x PRs

Note: This post was provided and published on behalf of a client. Publish0x does not guarantee the accuracy of the statements made in this post. The post should not be considered as an Publish0x endorsement of the products, services, or people mentio...

GALA Price Prediction 2024: Trends and Insights

1 hour ago 3 minute read 0 comments Guarda Wallet

GALA, the cornerstone token of the Gala Games universe, has been turning heads in the crypto community. Investors and crypto enthusiasts are eager to uncover GALA’s price prediction. This article dives deep into the elements that could shape GALA’s c...

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1 hour ago 1 minute read 0 comments LeftFooted

The Kabuni ecosystem is a network that includes Launchpads and programmes focusing on education. Crypto-focused education. Kabuni has its own token, Kabuni Coin, which can be used to reward innovative ideas from the community or for staking purposes...

Bitcoin's Energy Consumption: A Debate That's Over?

1 hour ago 5 minute read 0 comments Michael @ CryptoEQ

You are reading an excerpt from our free but shortened abridged report! While still packed with incredible research and data, for just $40/month you can upgrade to our FULL library of 60+ reports (including this one) and complete industry-leading ana...

Ethereum Roadmap: Statelessness and Verkle Trees

1 hour ago 6 minute read 0 comments Michael @ CryptoEQ

You are reading an excerpt from our free but shortened abridged report! While still packed with incredible research and data, for just $40/month you can upgrade to our FULL library of 60+ reports (including this one) and complete industry-leading ana...

The important take aways that we all should know after the ETH ETF approval!

2 hours ago 2 minute read 0 comments HiRaj

Dear Readers, The highly expected news in the crypto market world is the approval of the ETH ETF by SEC in US. As per the great saying Devils in the Details, we will de-code everything around this and discuss in detail. Unlike the approval of BTC ETF...

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3 hours ago 2 minute read 0 comments crypto newbie mom

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Over Protocol is going mainnet

3 hours ago 3 minute read 0 comments The Very Confused Martin Babalor

There are many different types of Airdrop, at least speaking from the user's experience. Some Airdrops are fast like thunder flashes and some airdrops came when you were not even expecting them.Other Airdrops, instead, take a very long time and a lot...

Four reasons why you should consider investing in decentralized solutions.

3 hours ago 4 minute read 0 comments Dzoelx

source A couple of disclaimers on cryptocurrency investment advice and endless warnings, “cryptocurrency investments are very risky ventures…and the earth is flat”. Well, one is a fact, and the other is probably another way to look at facts. A little...

How I earn USDCs regularly through tangled Platform!

3 hours ago 1 minute read 0 comments HiRaj

Dear Readers, We are taking so many advantages when the Web3 things are being rolled out and it is fantastic that through the Web3 applications give us rewards in terms of their native cryptos and allows to deposit in our own crypto wallets.  We migh...