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.


BMW may offer loyalty points that can be converted into crypto!

25 Sep 2020 2 minute read 5 comments Roberto D.

For now it is only an indiscretion coming from South Korea but, according to some screenshots published by a very popular site (links in the sources), BMW would be ready to put on the market a new app with which to accumulate loyalty points convertib...

Let's Explore The World Of Passive Crypto Income - Part 5

26 Sep 2020 2 minute read 7 comments Sapphire

The Stability Of Passive Crypto Income In Uncertain Times The recent plummet in altcoin prices can be very traumatic for any altcoin trader and can sometimes last for months and even years, as we have so vividly seen in the Crypto winter of 2018 and...

Marriage and Bitcoin - Is it Possible!?

25 Sep 2020 2 minute read 15 comments johnwege

I think it is safe to say that most of us here are investing in Bitcoin or other cryptocurrencies in one way or the other; perhaps even heavily investing.  But something that I think isn't discussed nearly enough is how to handle this type of "risky"...

How To Become A Software Developer in the Blockchain Industry in 2020

26 Sep 2020 3 minute read 0 comments MarkHelfman

Recently, I talked to Artur Meyster at Career Karma about jobs in the blockchain and cryptocurrency industry. He put together a post you might enjoy, which I’m publishing his behalf. Read below for some “food for thought” and useful links. Looking t...

Why NFT's Are The Most Logical Advancement For Artists

25 Sep 2020 2 minute read 10 comments Sapphire

True Value Is On It's Way To The NFT Space Recent NFT sales surpassed $100 million and it appears that many are trying to get in on the next big opportunity in Crypto. Do you remember Crypto Kitties from the 2017 and 2018 ICO boom? How many of these...

🗞 Daily Crypto News, September, 26th💰

26 Sep 2020 4 minute read 0 comments Crypto_Lemon

Welcome to the Daily Crypto News: A complete News Review, Coin Calendar and Analysis. Enjoy!   On the weekend I decided not to make my Daily Crypto News Video but I will upload a video later on about a cool project ! Stay tuned 😃 Here is yesterday's...

Why 1st Generation Yield Farming Is Doomed

25 Sep 2020 2 minute read 5 comments Fib.dev

DeFi has the power to put all the means of the finance industry away from centralised institutions, and into the hands of the people. But not in its current form. Yield farming emerged as an effect to the issuance of DeFi protocol governance tokens t...

Crypto Security: Meltdown & Spectre Attack Exploits

26 Sep 2020 6 minute read 0 comments MintDice.com

With computational systems in the evolving information era, we run a constant cat and mouse game between security researchers attempting to create secure and robust systems against hackers, governments and other prying eyes. This is a nonstop ideolog...

Market Analysis (9/25/20)

25 Sep 2020 7 minute read 13 comments mduchow

How’s it going my friends, it’s been awhile. I figured I’d stop by and provide my thoughts on the market - message to my followers below. After all, I do provide the most honest and realistic analysis available on the market. For anyone who has follo...

XYFI – a scam project claims to be a fork of YFI

25 Sep 2020 3 minute read 8 comments busyjordy

Just a few days ago a new scam project came to my attention, so I’m sharing to warn everyone to stay away from this and save your Ether. A blog post on Publish0x.com named “New crowdfunding free token just begun Defi (XYFI) Yearn Finance” is sharing...