Can Cryptocurrencies Bring Advancement to Struggling Countries?

Can Cryptocurrencies Bring Advancement to Struggling Countries?

With everyone’s eyes on how cryptocurrencies like Bitcoin, Ethereum, Ripple and the others perform in the markets, many have missed the stir cryptos are creating in the developing world. People in developing nations struggle with fulfilling basic needs. Infrastructure is often incomplete. Systems of power are unstable. Security is lacking. Despite the instability, cryptocurrencies offer

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Blockchain Consensus: What is it?

Blockchain Consensus: What is it?

When cryptocurrencies were first created, there was a significant problem that developers had to overcome to make a currency digital. This was the double-spending problem. Anything that is digital can be easily copied. Blockchain technology avoids this problem by creating an open ledger that anyone can look at to verify transactions. An outsider can see

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Does Blockchain Really Need a “Killer App?”

Does Blockchain Really Need a “Killer App?”

As interest in blockchain technology continues to rise, many in the crypto sphere debate how to push rapid adoption of the technology into mainstream society. The strongest push seems to be behind the creation of a “killer app” to drive people to the platform in the way that Facebook, Instagram, and Twitter do for social

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The World of Bitcoin Banking

The World of Bitcoin Banking

When unknown creator Satoshi Nakamoto first envisioned Bitcoin around 2008, the driving force behind the project was the expulsion of banks and government regulatory agencies from financial transactions. Nakamoto pictured a system whereby lines of code on the internet served in place of the traditional trusted third parties, allowing folks to move money back and

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