Blockchain technology aims to revolutionize every industry from banking to cybersecurity to peer-to-peer transactions. But while some have rushed to embrace it from the beginning, many are hesitant. In fact, as incredible as blockchain technology is, there are still pain points in the product that needs to be flushed out before integrating it seamlessly into
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
Despite having the best year of its short life as an investment, cryptocurrency myths continue to plague the industry. 2017 was a transformative year for the cryptocurrency. Its combined market cap grew to more than $600 billion by year’s end, up from just $15 billion in January 2017. While the soaring prices that came with
In the age of smartphones and smart cars, Smart Contracts are somewhat of a contradiction of terms. There’s no artificial intelligence involved or required. This Smart connotation comes from how simple, functional and reliable these self-executing contracts are. Written in lines of code, they build on the blockchain principle of peer-to-peer interactions. Smart Contracts are
Cryptocurrencies offer incredible benefits to society. Whether securing payment, expanding privacy, or ensuring autonomy, these digital currencies are paving the way for a brighter future. But the technology is still in its infancy, and as more and more people look at adapting cryptos into their everyday life, they’re experiencing some of the flaws inherent in
When you ask someone what a cryptocurrency is, the typical response you’ll hear is, “Bitcoin.” But is Bitcoin a token or a coin or both? Is there a difference between calling something a coin, a token, or a cryptocurrency? With all the jargon out there about cryptocurrencies, it can be overwhelming and confusing to understand