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.


How to Stake ATOM | Cosmos Staking Guide

9 Dec 2023 2 minute read 225 comments Guarda Wallet

  The Cosmos platform has its own cryptocurrency, a token called ATOM. This token plays a basic role in the existence of an economic ecosystem that regulates the work that underlies the entire network. What is Cosmos? Project Cosmos (ATOM) is a proje...

The TOP 3 Features On Binance That I Am Constantly Using

10 Dec 2023 3 minute read 146 comments Cryptonator`s

Binance is the largest cryptocurrency exchange and offers a range of features. For a new user, navigating through these services can be overwhelming.  I began trading on Binance back in 2019, and there are a few features that I have found to be parti...

What is Binance Smart Chain?

8 Dec 2023 5 minute read 203 comments Guarda Wallet

Detailed explanation of Binance Smart Chain In fact, BSC is an alternative to Ethereum: both are blockchains that move synchronously: all applications created on ETH are potentially compatible with BSC. If ETH has such high fees (commissions), it is...

David Bond on Avoiding Financial Censorship with Bitcoin, Digital Nomad Life

30 Oct 2020 1 minute read 238 comments TheDesertLynx

Digital nomad and purveyor of digital products David Bond comes on the podcast to give his story on using Bitcoin to avoid financial censorship, which had affected his unique business when PayPal shut down his accounts and confiscated his money. We...

Verge XVG – The ultimate guide

10 Dec 2023 2 minute read 102 comments Guarda Wallet

What is Verge Currency? Verge Currency is a privacy-focused, community-driven cryptocurrency, building upon the principles of Bitcoin. Enhancing the original framework set by Satoshi Nakamoto in the Bitcoin Whitepaper, Verge stands out as a layer 1 c...

Places That Don’t Tax Crypto

13 Dec 2023 2 minute read 70 comments Guarda Wallet

Navigating Crypto Taxation: A Global Perspective for 2023 The crypto market has seen significant growth and transformation, especially after its surge in popularity in 2021. While success stories abound, crypto holders face an increasingly pressing c...

Interview: Binance CEO Changpeng Zhao (CZ)

12 Aug 2020 1 minute read 137 comments boxmining

CZ needs little introduction - he's the CEO of Binance exchange, the biggest crypto exchange in the world. We're having a live discussion with CZ about the recent develops in the cryptocurrency space, including the rise of Decentralized Finance (DeFi...

If crypto never happened; what would you be doing currently?

11 Dec 2023 2 minute read 86 comments Dzoelx

Source Some computing technologies powering blockchain technology and cryptocurrency already existed before 2005. Not until the advent of Bitcoin, blockchain technology, and cryptocurrencies were foreign terms if they even existed at all. From the c...

The Biggest Struggle in Bitcoin

8 Dec 2023 2 minute read 87 comments johnwege

Everyone has their own idea of what it means to invest in Bitcoin. They have heard the stories of how people bought Bitcoin and became rich nearly overnight. No matter what anyone tells you, nearly everyone that has entered the Bitcoin market during...

Whampoa Digital and Wemade in strategic for US$100 million Web3 Fund and digital asset initiatives in the Middle East

22 Dec 2023 3 minute read 16 comments Publish0x PRs

Singapore-based Whampoa Digital and Wemade, a leading Korean gaming company, have entered into a strategic partnership to collaborate on a US$100 million Web3 Fund to be established by Wemade (“Wemade Web3 Fund”) as well as on digital asset initiati...