Sirwin
Sirwin

Cryptocurrency

111,598 Articles 1158 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.


BBA Chain Introduction

23 May 2024 2 minute read 0 comments Crypto.Kacar

The BBACHAIN is a next level blockchain platform that has implemented the groundbreaking Traces of Times algorithm, which is an enhanced version of the Proof of History (PoH) algorithm. This algorithm has been specifically engineered to facilitate fa...

Pugdag(PUG) - A Sensation and Fun at the Same Time

23 May 2024 4 minute read 0 comments Eddyc

    Greetings Friends; In this article I'm going to write about Pugdag(PUG), a coin meme that has emerged to take the pressure off and provide fun for investors and their holders. However, with the high demand for different and at the same time inno...

X.com Crypto Scam Involving Fake Models that DM Their WhatsApp Number

23 May 2024 5 minute read 4 comments XTRM™

Ah the social choice of the masses... X.com, the social media universe where almost every profile picture is a glamorous headshot and every bio is an existential drama or enigma. But today you’re scrolling through your feed, admiring the curated perf...

The Uncomfortable Truth Regarding Ethereum & Layer 2 Solutions

23 May 2024 3 minute read 1 comment Sapphire Crypto

Groundhog Day It seems as if Ethereum is consistently faced with an ongoing issue… scalability/fees. No matter the attempt, ETH finds itself having to deal with this “day” over and over again. Sadly, there’s been no meaningful progress in more than a...

How would the market react to the SEC's decision?

23 May 2024 1 minute read 1 comment HiRaj

Dear Readers, The crypto markets are in silent mode expecting a yes or no decision on ETH ETF by SEC. As it is widely expected that the ETH ETF would get a nod from SEC and would pave a way to the mainstream investments on Ethereum in a safe and conv...

STEPN GO

23 May 2024 1 minute read 1 comment cryptogod-1

Good day everybody, Welcome to CryptoGod-1's blog on all things crypto. In this post I will be looking at the recent launch of the STEPN GO app.   STEPN GO FSL have announced the launch to STEPN GO, a new app which will reward users for activities su...

FARM CEXP TOKENS ON TELEGRAM

23 May 2024 1 minute read 0 comments Ladyhal

  CEXP tokens belong to the CEX.IO App which is a trading Exchange app. CEXP token is the one of the hottest farming on Telegram, the farm timing is one minute. In every one minute of farming thousands of CEXP tokens are available to claim. The more...

New AI Tools for video, images and virtual avatars

23 May 2024 1 minute read 0 comments PiotrMacai

🛠️Last powerful 7 AI tools for video, voice and virtual avatars i added to Ainsider Cloud AI Tools Library 🛠️ Details 👇   Creative Fabrica Studio Creative Fabrica's Studio provides unlimited access to millions of creative assets like graphics, templ...

I did it again! - PEPE + FOMO

23 May 2024 1 minute read 2 comments paulutz

  I came across an article here in April and thought I'd just write a post here; When ai is copied? ; that was the article back then. Since I never wanted to appear as an author, I wrote it remains my only article, now we are back here with number 2...

Checking out ShibaSwap 2.0: Advancement in DeFi

23 May 2024 2 minute read 0 comments LuisRPavanelli

The rapid evolution of Decentralized Finance (DeFi) sees the world continually changing, with a recent development being ShibaSwap 2.0. Run by Shibarium blockchain technology, this improved software proves to be a leap forward within the Shiba Inu ne...