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.


What is Uniswap

6 Jul 2020 8 minute read 7 comments D3F1

Uniswap describes itself as an “Automated Liquidity Protocol” on its homepage. Put simply, it is a decentralized exchange protocol that allows users to swap ERC20 tokens in a trustless manner or add liquidity to the protocol reserves to earn a commi...

Perform Limitless Token Swaps With ChangeNOW - Fast, Secure And KYC-Free 😎

6 Jul 2020 4 minute read 13 comments Cryptonator`s Airdrop Hunt

Why I am using ChangeNOW? Well, let me simply show you all the benefits of swapping your crypto with ChangeNOW. I will also provide you with a detailed step by step tutorial on how to perform a token swap with ChangeNOW. The Advantages Of ChangeNOW I...

Cobo Vault – 100% Air-Gabbed Verifiable Hardware Wallet (Review)

5 Jul 2020 7 minute read 5 comments BitShills

  Cobo Vault is a truly secure hardware wallet designed for managing multiple different cryptocurrencies, in a way that ensures the device itself is 100% offline, and air-gabbed in all times. Meaning it cannot be connected with any other devices or m...

Financial and Crypto Markets are on fire 🔥 today - But I can't help to think something is off !

6 Jul 2020 2 minute read 15 comments Crypto_Lemon

China's Securities Times front page on Monday said that fostering a “healthy” bull market after the pandemic is now more important to the economy than ever. Chinese social media exploded with searches for the term “open a stock account,” with bullish...

How to Track Your Crypto With Google Sheets

6 Jul 2020 3 minute read 32 comments cryptoforcanadians

When it comes to crypto, a lot of people are knowledgeable at the buying, selling, sending, receiving, storing and securing part. However, one thing that people either forget to do or aren't good at is tracking it. I would say that this is an importa...

Discussing Read.Cash & BCH With Marc De Mesel

6 Jul 2020 1 minute read 4 comments Scott Cunningham

I had the pleasure of chatting with Marc De Mesel about Bitcoin Cash and the Read.Cash blogging platform. He has donated over $100,000 USD worth of Bitcoin Cash to Read.Cash’s creator fund and users on the platforms via tips. In this video, we dive i...

Bitcoin Jar (with Mode) | 5% Compounding interest plus a €10/£10 Bonus

6 Jul 2020 3 minute read 13 comments Mynima

Introduction As with most folks in the crypto-shpere I'm often looking out for passive ways to grow my Bitcoin savings. Additionally, I'm a keen advocate of supporting Brave advertising campaigns as/when they match up with my own goals. So it was wit...

Why hasn't the DeFi Craze Affected Ethereum's Price!?

6 Jul 2020 2 minute read 12 comments johnwege

When many people think about DeFi, perhaps one of the first things you will think about is Ethereum. In the last few weeks the talk has been all DeFi, with coins having to do anything with DeFi surging in price, but not Ethereum.  Why hasn't Ethereum...

🗞 Daily Crypto News, July, 5th 💰

5 Jul 2020 4 minute read 1 comment Crypto_Lemon

Bored With Bitcoin? This BTC Price Level Is Key for a Big Breakout; More South Korean Banks May Look to Start Crypto Operations; Germany Takes Over FATF Presidency With New Guidance on Crypto Standards; Gemini Chose to Wade Regulation In New York, W...

“BigSpender” vulnerability is plaguing major Bitcoin wallets

6 Jul 2020 2 minute read 4 comments fklivestolearn

A mobile cryptocurrency wallet startup has discovered the double-spend attacks in some of the most popular Crypto wallets   Once again, ZenGo has come forward to highlight a vulnerability plaguing some of the most popular bitcoin wallets like hardwar...