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.


CoinGecko Yield Farming Survey Report 2020 Has Finally Arrived!

21 Sep 2020 4 minute read 13 comments CoinGecko

Without a doubt, the cryptospace moves in high velocity, and one of the new growth cycles in the past 90 days is Yield Farming. Yield farming refers to the process of putting your assets to work across various Decentralized Finance (DeFi) protocols...

Altcoins are driving global adoption faster than bitcoin.

23 Sep 2020 5 minute read 19 comments Dzoelx

  Bitcoin dominates the cryptocurrency market capitalization; in a market worth over $350 billion, bitcoin accounts for over 55% of the whole cryptocurrency market capitalization, sitting comfortably at the top with over two hundred (200) billion dol...

DeFi: Went Down the Rabbit Hole and Look What I Found ($50?!)

24 Sep 2020 3 minute read 28 comments tomoyan

Back in April this year, I found a Rabbit Hole, and I have been waiting for this hole to go live since then. Today, they finally did it. They launched rabbithole.gg which you can earn crypto by completing tasks. This is kind of like DeFi version of C...

BTC Passive Income: A-ADS Earn

23 Sep 2020 2 minute read 23 comments tomoyan

I was looking at my old wallet this morning and noticed that I received Bitcoin from an unfamiliar address. I thought it was donated from someone or some Twitter campaign I did or something, but it turned out that it was from me. I did it. I mean I d...

Putting your Foot on the Gas: How-To Cancel/Replace ETH Transactions

20 Sep 2020 7 minute read 8 comments Mynima

Introduction I hope everyone that was due their UNI token airdrop has successfully claimed it. While claiming my airdrop and sending to Binance (for a little trading) I ran into a few issues that I thought would be good to share with folks. If you've...

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"...

Equilibrium Receives a Grant From Web3 Foundation!

22 Sep 2020 3 minute read 8 comments Equilibrium

We are proud to announce that Equilibrium has received a grant from Web3 Foundation to pioneer services that facilitate other projects’ migration to the Polkadot. Web3 Foundation and Parity Technologies are the entities behind the Polkadot project wh...

What is Uniswap?

23 Sep 2020 4 minute read 6 comments NOWNodes

Originally published in the NOWNodes blog.The yearn.finance (YFI) token has grown in price from $34 to over $35,000 in just a month and a half. Chainlink LINK jumped from $4.12 to a peak of $19.8 in two months, but then experienced a rebounce to $12....

Banks Claim BTC Is For Money Laundering, Launder $2tn

22 Sep 2020 2 minute read 5 comments FarewelltoMinds

Banks Claim BTC Is For Money Laundering, Launder $2tn The stock market has continued tanking with a fourth down-day in a row. The S&P 500 index has dropped 1.2%. Bank of America has dropped 4%. United Airlines is down 10%. This is in response to conc...

Is cryptocurrency addictive? I think so!

21 Sep 2020 3 minute read 32 comments Dzoelx

Source Wait, is this even a question? Well, I guess you answered the first question with some frown on your face, I mean, a little flashback… a couple of months before you got to learn about cryptocurrency and a couple of weeks (say two) after you le...