Sirwin
Sirwin

Cryptocurrency

111,654 Articles 1159 Followers

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.


How to Save Money on Travel Using Cryptocurrency

17 hours ago 2 minute read 0 comments NOWPayments

Traveling is a wonderful way to explore new places, experience different cultures, and create lasting memories. However, the costs can sometimes be a hurdle. Luckily, in 2024, using cryptocurrency for travel is easier and more advantageous than ever....

Bitcoin and Ethereum ETF Landmarks: Massive Holdings and Regulatory Milestones

17 hours ago 1 minute read 0 comments Dex-Trade

Over 1 Million BTC Held Across Bitcoin Spot ETFs In a significant milestone for the cryptocurrency industry, Michael Saylor, head of MicroStrategy and a prominent Bitcoin advocate, has announced that over 1 million bitcoins, termed "1 Nakamoto," are...

41.18% of Crypto Projects Announced Fundraising Last Week are Infrastructure

18 hours ago 7 minute read 0 comments CoinCarp

According to CoinCarp Fundraising, Last week (05.19–05.25) 34 projects announced fundraising rounds. Web3 Farcaster($150.00M) | Farcaster is a protocol for building decentralized social apps — with participation from 1confirmation, a16z crypto, A_...

Crypto: The "End Game"

19 hours ago 2 minute read 2 comments acesontop

Back in the early 2000s, if you were into computers, you knew that Intel and AMD were world leaders in computer processors and NVIDIA was supplying video cards for almost every new PC that hit the market. We literally have tiny, highly capable comput...

Aptos Surpasses Solana

19 hours ago 2 minute read 0 comments cryptogod-1

Good day everybody, Welcome to CryptoGod-1's blog on all things crypto. In this post I will be looking at how the L1 blockchain Aptos overtook Solana in terms of daily transactions.     Aptos The L1 blockchain which was founded by former Facebook emp...

Solana ETFs: A Looming Possibility and Its Potential Impact

19 hours ago 2 minute read 0 comments Coin_Gabbar

Solana or Ripple's XRP could be upcoming ETF contenders Spot Ether ETF Approval Sparks Hope for Solana and Other Cryptocurrencies The recent approval of spot Ether ETFs in the US has got the crypto community buzzing with excitement. It's a big deal b...

WEB3 SOCIAL MEDIA

21 hours ago 1 minute read 0 comments Ekonomistpanda

Hi guys! Today I want to tell you about web3 social media applications. First of all, "what is web3?" let's look at it. Web3, defined as the third generation of the internet, is a concept built on blockchain technology. It aims to make the internet m...

Let’s mine some crypto

21 hours ago 1 minute read 0 comments A Crypto Tale

ROLLERCOIN Rollercoin is something I used to do when I have the time and feel like playing mini games. But since the beginning of this year, I have been more focussed and I login every day and try and complete as many tasks as I can. I also purchased...

Ethereum: towards a new era between ETFs, memecoins and DeFi on the rise

22 hours ago 1 minute read 4 comments KMatt

The recent green light from the US SEC for Spot ETFs on ETH has kicked off a new era for the second cryptocurrency by market capitalization. Although the wait for the start of trading has not yet been satisfied, the positive impact is already tangibl...

Crypto Market Update: Bitcoin Close to ATH & Ethereum Ready To Moon After ETF Approval?

22 hours ago 3 minute read 0 comments MakeItReal

Hello HODLers! Here's a juicy crypto market update for my followers and below you'll find many link to join free airdrop, so join them and start earning! We'll #MakeItReal. All together. 👑 Bitcoin Last seven crackling days for Bitcoin which went fro...