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.


Cryptocurrencies-hidden truth (what are they?)

12 hours ago 1 minute read 0 comments vladb21

     First of all, it is important to know that cryptocurrency is not something you can hold in your hand, which would drive away a lot of people from the first seconds. So, let's mention something from the beginning: do you remember the dollar, euro...

Why Facebook bans cryptocurrency advertising

12 hours ago 1 minute read 1 comment vladb21

       Facebook has announced that it bans all ads related to bitcoin, cryptocurrencies and initial coin offerings (ICOs), thus trying to fight scams and fraud, informs Business Insider. The company alleges, in a blog post, the deceptive business pra...

Advantages of investing into digital currencies

12 hours ago 1 minute read 0 comments John Jaynesis Manalo

With the birth of Bitcoin in 2009, it has opened the digital world with a lot of opportunities in field of investment. Lots of people even joined way early. They were intrigued by its potential and so, they bought assets for a cheap price. Some of th...

AROUND $1.2 BILLION OF BITCOIN MOVED TO ETHEREUM...!

13 hours ago 2 minute read 1 comment kamranrkploy

New Record for BTC to ETH conversion                                       In the world of cryptocurrencies and blockchain you can never really justify what could happen next.Something interesting occured and the above statement is really justified...

27 September 2020 Betting Tips

13 hours ago 1 minute read 1 comment betebet

Today’s Betting Tips I choose the following for today. Here are my picks. Good luck… Bet at Cloudbet & Get up to 5 BTC bonus! Some quick tips about betting: If you are confused about Asian Handicaps, check out “Betting Guide“ Do not put all...

CoronaVirus created a Crypto craze.. but who's buying?

13 hours ago 1 minute read 2 comments Iuliu

Cryptocurrency trading increased dramatically at the beginning of 2020 and hit an all-time high in February and this increased level was sustained through to May. But where is this new trading volume coming from?  A recent study by Cornerstone shows...

Ethereum

13 hours ago 2 minute read 0 comments Rares

Ethereum What is EthereumThis term is used to define a platform that runs decentralized applications built and launched by users and is used to run smart contacts, the latter being computer codes that run on the blockchain and contribute to the excha...

DeFi activity on Ethereum maximizes transaction fees

13 hours ago 1 minute read 0 comments redex

Despite the decline in the price of ETH, Ethereum activity remains at a multi-year high, as passion for DeFi is growing.   Last week, when Uniswap launched its token, the price of gas rose to 1000 Gwei. Gas is how the cost of Ethereum transacti...

The Weekly Summary - Issue 25.0

13 hours ago 2 minute read 14 comments tvlachak

Issue 25.0 / September 27, 2020 Investing Enduring understandings from some of the greatest investors. Another example of Warren Buffett’s investing intelligence and patience. An assessment of stock market sentiment for the past six months. Microsoft...

Tel Aviv Wants Cryptocurrency To Be Taxed Like Traditional Currency

14 hours ago 1 minute read 1 comment CrispBlogs

Four members of the nationalist political party Yisrael Beiteinu of Israel proposed a new bill that aims to recognize digital currency as a currency.                                    One of the Law maker has said "It is possible to promote digital...