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.


Enjin Coin (ENJ) Cryptocurrency Project | Advantages and Disadvantages | Quick review

17 hours ago 2 minute read 0 comments NassiroV

Image Source Team and partners Maxim Blagov - co - founder and CEO: He co-founded Enjin in January 2008 in Singapore following his studies at the Technological University of Sydney, he graduated in Computer Science Witek Radomski - co - founder and...

Notifications & Privacy in the Status Messenger

18 hours ago 3 minute read 0 comments Status Community Updates

We’re excited to bring notifications to the Status Messenger for Android users. This clearly valuable addition to the messenger is one of our most-requested features. As a privacy-focused Messenger, we needed to overcome technical considerations to s...

Crypto Website Review: Freebitco.in

18 hours ago 2 minute read 1 comment Schire

Freebitco.in is probably one of the most used crypto site by beginners where they can earn BTC for free. And I can attest to that, so today, I will be giving you my honest thoughts about this site. Before anything else, I want to say that this site i...

What is TRON (TRX)?

18 hours ago 2 minute read 0 comments Akbar15

What is TRON (TRX)? TRON is a blockchain-based project that is held to high standards and aims to make the internet decentralized. This open source cryptocurrency project was launched in the fourth quarter by a Singapore-based Tron Foundation, a non...

Been lurking over in BeerMoneyForum lately trying to keep a thread alive.

18 hours ago 4 minute read 0 comments tipplenurkey

BMF is a decent platform if you want to get the opinion of the general public on an investment platform.  They are also pretty good about identifying scams after enough people call out the platform in a particular thread.  I like to look for things t...

Coinmarketcap 06/07/2020

19 hours ago 1 minute read 0 comments sevillaespino

We start another week of life as well as a new week of work in our beloved world of cryptocurrencies, I wish you all much success for your investments whether they are short or medium term. Today's market starts the week with a very good increase be...

Enjin Coin (ENJ) Cryptocurrency Project | How does the Enjin Coin work?

19 hours ago 1 minute read 0 comments NassiroV

Image Source The whole process of using Enjin Coin by game developers can be broken down into several stages: Acquisition This is the process of acquiring a certain amount of ENJ token to facilitate their other operations. Currently, game developers...

How Compound beat MakerDAO in just one day and became the leader in the DeFi market

19 hours ago 8 minute read 1 comment Kluma

DeFi remains a source of fast financial ups, but also the same fast falls. Previously, the MakerDAO project was the main driver of this market. However, in a short time he was overtaken by a competitor in the person of Compound. As a result, the capi...

Loans and Credits: not the same.

20 hours ago 1 minute read 0 comments Monolith

Usually, we consider that "loan" and "credit" are synonyms, but in reality they are two different products. Let's see what the difference really is. A loan is a financial operation in which an entity (such as a bank) or person, gives another a fixed...

VISA Is Hiring Bitcoin and Ethereum Engineers

20 hours ago 2 minute read 0 comments FarewelltoMinds

In recent news, VISA has announced they are seeking a blockchain engineer. So if you’ve got the skill set, go ahead and respond to the job.  Let's look at the job posting, as there is a lot to unpack. Visa's Commercial Payments organization is resp...