Latest Posts with Cryptocurrency tag

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.


Top 10 Crypto-friendly Countries

11 Jun 2020 7 minute read 14 comments NOWPayments

That’s one thing to look at when observing whether a country is welcoming cryptocurrency. The other aspect is the acceptance of businesses in the cryptocurrency space, how crypto-friendly are these countries. Today, we look at the top 10 countries wh...

Publish0x Q2 Update: Multiple QOL Updates and Continuous Growth

8 Jun 2020 5 minute read 34 comments Igor Tomić

It's been about three months since the last update, and it's due time for a new one. Here's what we've been up to in the last three months - from multiple "Quality of Life" type updates to make using Publish0x more pleasant for both users and authors...

Atomic Wallet vs. Trust Wallet – clash of the titans!

11 Jun 2020 4 minute read 38 comments paragism

  Cover Image Source - modified I came to know about Atomic Wallet in 2018 when they completed their ICO successfully. The company was founded in early 2017 by Konstantin Gladych, former CEO of Changelly. Atomic Wallet is a non-custodial multi-coin w...

My thoughts on yield farming and BAT pump

21 Jun 2020 3 minute read 24 comments paragism

Cover Image Source - modified In 2017, we saw the ICO boom. Yes, it was a novel way to raise funds from the retail investors. People jumped into the green crypto investment sector, which was mainly dominated by the institutional investors. Till date,...

My First Week of Staking Crypto!

16 Jun 2020 6 minute read 39 comments SamBTC

If you have been reading my recent posts, you would have definitely noticed that I have become totally obsessed with the idea of Crypto staking. This started accidently when I was checking out the Atomic wallet and noticed they have an entire section...

WTF is GasToken?

15 Jun 2020 3 minute read 9 comments paragism

Cover Image Source - modified Every transaction on Ethereum blockchain involves a gas fee. It is the fee which is paid to the miners for validating a transaction. The price of gas keeps on fluctuating due to the market dynamics. It is really hard to...

BAT breaks Rank past 7 Days: Goes it's own way?

26 Jun 2020 2 minute read 23 comments thunderboltkid

Looks like investors are finally waking up to the fact BAT & Brave Co. have a different gig. Brave's Permissioned Advertising Market Place offer enables Ad Buyers/Placers to buy Ads in #BAT and, using the Brave Ad Network these Ads get sent to the Br...

TOP Things You Should Know About Bat & Brave

15 Jan 2020 16 minute read 474 comments MuyAsk

Hello, welcome to my blog, Crypto Truth Lexicon, you all very welcome here.  I decided to create my own little series and post some very useful information for everyone regarding my favorite projects. Starting with BAT & Brave, I have answered some o...

Soon Your Friends Will Start Asking About Bitcoin Again

3 Jul 2020 4 minute read 29 comments Bragato18

Remember when your friends used to ask you about Bitcoin? If you were around during the 2017 crypto bubble, you probably remember the first time a friend, family member or even just a loose acquaintance, asked you about Bitcoin. It was a strange feel...

🚀 Where You Can Find The Best Price To Buy Crypto?

1 Jul 2020 1 minute read 14 comments Dapp.com

Bitcoin, ETH, EOS, Ripple, etc, there are so many cryptocurrencies. Binance, Coinbase, Bitfinex, Huobi, etc, there are so many exchanges.  How about the prices among all these different exchanges? Just a small price difference? Certainly NOT! Take B...