If you want to be a cryptocurrency trader, then you need to understand the cryptocurrency terms. And if the crypto sphere has one thing, it’s a lot of terminologies. Whether you’re talking consensus methods or wallets, it can be easy to get lost in the crypto chat. Now, this isn’t all of the terms, but
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
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
There are two main camps of Bitcoin investors. It’s helpful to think of them in terms of active and passive investors, either way, it is important to know how to best protect your bitcoin investments. Passive investors would like to treat their Bitcoin holdings like a fine painting or a stack of U.S. Treasury bonds,
Here’s one of the key negative things you’re likely to hear about the 1,600 odd Bitcoin alternatives – altcoins – floating around on the internet – many of them are just new and interesting ways to spend money. Strike that. The vast majority of them aren’t even really that interesting. Bitcoin, the original granddaddy of
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