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.


BTC decisive moment of the correction

20 Jul 2019 1 minute read 0 comments MrBullishSail

BTC seen from 4H we can observe a bearish pattern (ABCDEF) that should conclude making a strong bearish movement towards the price range of 7255 - 7716 creating the point C of the structure. In order for the price to continue rising, you must make a...

FaceApp: Another Security Risk that highlights the importance of Blockchain Technology

20 Jul 2019 4 minute read 4 comments belemo

FaceApp is this fun mobile application that lets you do a bunch of fun stuff to your photographs. The application is equipped with an Artificial intelligence feature that detects faces in any photograph and then allows you to edit the photograph in a...

Do You Look For Ways To Earn Money Online?

20 Jul 2019 1 minute read 1 comment Scott Cunningham

This is mainly for people who wonder why bother with all this stuff going on with cryptocurrency and blockchain and why should I even care? Well, because earning money online has never been easier than now in the time of blockchain and cryptocurrency...

Updated trick to invest into BiBox Exchange and Get Weekly Fees Paid of their Volume

19 Jul 2019 1 minute read 2 comments kingscrown

This trick is in my ebook Passive Income from Crypto but i have also shared it publicly here on Steemit or on my blog - become shareholder of bibox exchange       But now they changed it a bit, well not but theres a nice bonus if you buy more tokens....

What is the most promising new Blockchain project?

19 Jul 2019 1 minute read 0 comments Ken(Crypto Reporters)

Hydro is one of the growing and promising blockchain project. The project has protocols and products with the sole view of driving massive blockchain adoption. The hydro protocols can be used across various blockchain and traditional ecosystems. As e...

CryptoMania Slots Review Content Competition & Promotional Event

19 Jul 2019 7 minute read 0 comments Jimmy D [Upliftnation.io l Vigor.ai ]

It’s that time again whereby TRYBE.ONE has partnered up with yet another exciting EOS dApp to bring you our latest content competition.  In an effort to shake it up a bit and roll out something new, this content competition will be a little less rese...

You Might Want to Get To Know These 3 Lesser-Known Crypto Projects Before they Get Loud

19 Jul 2019 3 minute read 4 comments yourmitchy

With many analysts predicting AltSeason around the corner it is time to start to load up on some of these lesser-known projects! In this article, I have 3 great prospects for you to keep your eye on before it gets too busy! Lisk Lisk is an open-sou...

Bitcoin Stalls as Bears Attempt to Take Control!

19 Jul 2019 1 minute read 1 comment Workin

After yesterday's quick $1,200+ rise, bitcoin was met with tough resistance at $10,650. In my prior video I warned of a break down to retest $10,000. As of now, price dropped as low as $10,100 before finding support. It’s currently trading around $10...

Where Bitcoin Price is Headed in The Next 2 Weeks?

19 Jul 2019 1 minute read 3 comments CryptoChartWizard91

Bitcoin has been slowly depreciating over the past 7 days, dropping by a total of 11% to bring the price for the coin down to the $10,405 level. The cryptocurrency had gone as low as $9400 but had managed to find support around this level allowing Bi...

6 Reasons Why NANO is The Best Currency in the World

19 Jul 2019 1 minute read 6 comments Jay Layman

NANO may be the only currency in existence that can make all of these claims. It's: Fast Feeless Energy efficient Decentralized Has a finite supply Is simple to Use FAST:                         Transactions take about a second.  FEELESS: Send an...