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.


How much energy does Bitcoin use?

4 Jul 2019 1 minute read 1 comment marianomariano

How much energy does Bitcoin use? is a project of the University of Cambridge. Researchers at the University of Cambridge have developed an indicator measuring the consumption of electricity in the Bitcoin network. Works in real time.Index - (CBECI)...

Crypto Scams: Here is How You Get scammed and Tips to Avoid Being a Victim

4 Jul 2019 1 minute read 3 comments Cryptofivers

Crypto scams are on the rise and since the market is not regulated many victims struggle with their losses. It is also hard to obtain accurate data and the scammers are aware of the digital money market weaknesses. Identifying a crypto scam might not...

Metrics Series Part 3: Our Low Cap Explained

4 Jul 2019 2 minute read 0 comments Ferrum Network

Hello Community, We have been getting some questions about our low raise and how it will impact our roadmap goals. We did not expect to hear this many questions about our hardcap of $1.12 million. Maybe it’s because some cryptocurrency investors are...

Should You Buy Or Sell Unus Sed Leo $LEO in Q3 2019?

4 Jul 2019 1 minute read 0 comments CryptoChartWizard91

The iFiniex utility token, Unus Sed Leo, was only launched toward the end of May 2019 but has already managed to surge a total of 71% from the open to the current trading price. The utility token is designed to be used on the iFiniex platforms (incl...

How to make money using bittubeapp

4 Jul 2019 2 minute read 2 comments quintomudigo

          Bittube which is a video social media platform enabling users to make money while browsing on several site as well as content creators to upload their video and earn money when users are benefiting from the video based on count of time can...

Rise Bitcoin Rise!

4 Jul 2019 1 minute read 1 comment restmode

With the high of last month being over $13k and today hovering around $11.9k some skeptics think Bitcoin is losing its steam while others like financial analysts Carter Worth believing that Bitcoin will rise again. I believe Bitcoin will soon bump up...

Steem drops to #76 on the List of Top 100

4 Jul 2019 1 minute read 3 comments OG Crypto

Oh Steem... how you have fallen so far ?  I remain hopeful that Steem will one day recover.... my very 1st Bitcoin was purchased with Free Steem from blogging on Steemit.com So I will always love Steem. But certainly the ongoing flag wars are hurting...

What is bitcoin

4 Jul 2019 1 minute read 0 comments quintomudigo

Bitcoin is a cryptocurrency created on bitcoin blockchain whose transaction takes place from one peer to another without involvement by the government thus is being considered to be decentralized.                     When was bitcoin created? Bitcoi...

Bear Trap

4 Jul 2019 1 minute read 0 comments TheCryptoCurator

Crypto Watch TOP News * Oracle deploy Blockchain for tracking origin of honey in Partnership with the World Bee Project. * Fujitsu develops Blockchain ID tech that scores trustworthiness in transactions. * Blockchain dev firm launches first smart con...

DAI exchange. Prices to USD, BTC, ETH: July 4, 2019, 12 h. UTC

4 Jul 2019 1 minute read 0 comments PRiZM

Today, DAI ranks № 90 in the top 1000 cryptocurrency rating.Trading volume  $22,907,522 per 24 h. DAi statistics for all time: EXMO cryptocurrency exchange >>>   Have 5 trading pairs with DAI. ⚖ Prices at the time of July 4, 2019, 12 h....