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.


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25 May 2024 3 minute read 1 comment johnwege

The game in crypto has changed and you're not ready for what's about to come next. Since the creation of the cryptocurrency market, it has been the first opportunity where regular people had the chance to frontrun Wall Street. We were told that Bitco...

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23 May 2024 3 minute read 2 comments Guarda Wallet

Tezos carves a unique niche in the dynamic realm of cryptocurrencies and decentralized technologies with its groundbreaking blockchain platform. Tezos crypto integrates distinctive features and governance strategies that not only differentiate it fro...

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24 May 2024 3 minute read 7 comments Dzoelx

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24 May 2024 4 minute read 0 comments Michael @ CryptoEQ

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25 May 2024 1 minute read 0 comments Torero99

  This Cycle a lot of people are trying to farm for airdrops, sometimes is very rewarding, sometimes you're just wasting your time. It's very easy to lose track of what you should farm and where you should invest your time and money, and maybe you mi...

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23 May 2024 3 minute read 4 comments NOWPayments

Private cryptocurrencies have emerged as a fantastic option for secure and discreet transactions. This is especially crucial for adult businesses, where maintaining privacy and confidentiality is a top priority. Embracing cryptocurrency payments not...

The altcoin investing phenomena

24 May 2024 3 minute read 0 comments Long term coin

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State of the Market (05/26/24)

23 hours ago 4 minute read 0 comments Todd Mei PhD

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New Under-The-Radar Polkadot Memecoin

18 hours ago 3 minute read 2 comments Sapphire Crypto

Get There First With memecoins, as with any altcoin investment, arriving early is 90% of the victory. Micro-caps have a way of taking off without any prior warning. Memecoins can often behave similarly. These, of course, are the most speculative inve...

When Healthy Crypto Market Is Possible!!

26 May 2024 1 minute read 1 comment shohana1

Image by WorldSpectrum from Pixabay War, pandemic and there are many disaster has worse impact on our finance and economy. Cryptocurrency is not out of this world and it is connected to the world economy and finance. After corona pandemic our financ...