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.


Blockchain driving agriculture forward

19 Jul 2019 3 minute read 1 comment Ayodele

  Agriculture is the backbone of many African countries, in sub-Saharan Africa, it is the primary source of both food and income with 60% of the region’s jobs coming from agriculture. These jobs come from the supplier of farming inputs to the farmers...

ENJIN, a Digital Paradigm Shift

19 Jul 2019 1 minute read 1 comment Jay Layman

  Enjin's platform enables the creation of unique digital assets on the Etereum blockchain. Assets are infused by any amount of ENJ when they are minted, which returns back to circulation when they are melted.  The ability to create and track unique,...

Art of the Adult Performer

19 Jul 2019 2 minute read 0 comments Art

Dinner Shot at Longleat May 2009 “Dinner” this beautiful erotic photograph taken by Mairi-Luise Tabbakh in 2009. Of the now world-famous adult entertainer Alessa Savage, is more than just a beautifully posed shot of an iconic figure. The setting is L...

What is Pledgecamp?

19 Jul 2019 6 minute read 0 comments xaviercote

Crowdfunding is a billion-dollar industry. Entrepreneurs from around the world can reach out to their target audience online and gain enough funding to kickstart their project. No longer will do they have to be hampered by the restraints of traditio...

Using Relative Vigor Index to trade the cryptocurrency market

19 Jul 2019 2 minute read 0 comments quintomudigo

Relative vigor index is a crossover oscillator indicator created by John Ehlers. Since Relative vigor index is a crossover oscillator indicator, it, therefore, ranges from a negative value to positive value with 0 being the centerline and two crossov...

Cooperation

19 Jul 2019 1 minute read 0 comments listmi

Cooperation Projects like publish0x want to get cooperation between people. We have been educated to compete and projects such as publish0x, BitTube, ... grow if people understand that "cooperating earns more". Example: 5 people have DAIs and TUBE if...

Investigation

19 Jul 2019 1 minute read 0 comments TheCryptoCurator

Crypto Watch TOP News (Sponsored by: Ellipal http://bit.ly/2NWxDF3) * US Regulator investigating Crypto exchange BitMEX. * Nasdaq may soon launch Bitcoin based Futures contracts. * China ruling Bitcoin is property again is ‘major milestone.’ Podcast...

Bitcoin Ponzi scheme in South Africa part 2 – it all ended in flames

19 Jul 2019 4 minute read 2 comments Bitcoin Babaji

As I mentioned in a previous post a few days ago, naive South Africans have been lured into a classic Bitcoin Ponzi scheme in Zululand, where education standards leave a lot to be desired. Basic schooling is limited, what to speak of financial educat...

How naive natives fall for Bitcoin Ponzi Schemes in South Africa

19 Jul 2019 3 minute read 0 comments Bitcoin Babaji

Bitcoin scams are all over the place, none more so than in less educated third world countries like mine. South Africa has its own share of ponzi schemes being run as get-rich-quick projects. The first one I heard of is called Bitcoin Revolution thou...

POTUS tweets BTC and the world celebrates the pump

19 Jul 2019 6 minute read 1 comment Bitcoin Babaji

Any publicity is good publicity and when the king of tweeting types the B word, then the World celebrates the pump.  “I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air...