This Educational Library will cover every subject related to the cryptocurrency sector. Bitcoin will have its unique place as the leading digital currency. We will take a particular interest in themes associated with the top ten coins and tokens; also, articles covering new digital technologies and advancements in DLT technologies. All aspects of the technology such as security, anonymity, wallets, buy, sell, and transfer cryptocurrencies will also be covered.cryptocurrencies will also be covered.
Innovations in the cryptosphere are fast and wild. Recently, VeriBlock released the novel proof-of-proof protocol, which allows blockchains to inherit Bitcoin’s security. The organization’s unique technology solves two problems simultaneously. First, a diverse ecosystem of blockchains - each focused on addressing a unique need - is secured. Secondly, gains made from the increased adoption of these alternate blockchains will drive more transactions out of the Bitcoin network, thereby increasing Bitcoin’s scalability, and by extension, solving the pioneer blockchain’s major headache.
Smart contract safety, long-term upgradability, and open participation: these are the problems Tezos promised to solve when it was created in 2018. So, the developers built the network to facilitate peer-to-peer transactions and launch smart contracts. Behind the network sits the Tez (also called Tezzie) digital token, which is the focus of this article.
Ethereum, the decentralized blockchain that features smart contracts, will be getting a series of upgrades that will see improved scalability, security, and sustainability. This massive upgrade will create new opportunities for investors. Apart from allowing Ethereum users to earn passively from staking, smart investors can take advantage of price changes during the launch of Ethereum 2.0 and multiply their investments.
Crypto investments are inherently risky. At some point in the course of your journey, you will undoubtedly lose (part) of your investment. You could be contemplating investing, or you might actually be deep into the game. Whichever the case, losing your investment can be traumatic to the extent that you might want to avoid crypto altogether.
One of Ethereum’s most anticipated updates in 2018-2019 is the final part called Serenity, which will lead to the shift of the consensus algorithm...
Solving the Bitcoin scalability problem is no easy task. This problem has taken a long time of research and development, but the solution could...
In this article, we will try to develop the essence of the project and the main differences with Bitcoin. Where to buy, save, and how to mine Litecoin, and prospects for cryptocurrency quotes.
The crypto adoption juggernaut rolls full steam ahead. You need only look at the increasing number of outlets accepting crypto payments to prove this. Even governments that once approached them with cynicism have caught on to the act. The big migration to CBDCs is now a matter of time.
Bitcoin is a crazy beast! It's had some huge ups and downs over the past few years for those that are trading it as...
Ripple Labs was poised to overtake the bitcoin network because of its fast speeds and cost-effective transaction framework. Ripple's XRP promised to convert crypto assets from mere investment options to viable, widespread means of digitized, global payments.
For a crypto enthusiast, there could never be a better time to be alive. First, there's their growing acceptance as a store of value. Additionally, developers keep churning out exciting products promising to revolutionize our financial lives. One such product is Defi, and 2020 has seen its popularity grow in leaps and bounds.
The increased acceptance of Cryptocurrencies is a boon for the financial sector. It promises to improve the inefficiencies of the mainstream financial systems. Again, their adoption expands access to services. Furthermore, it creates a unique investment opportunity.
There's never a dull moment in the Defi sector. Continuous innovation in the space affords us products and solutions that ease our transactions. Additionally, the thriving Defi sector provides alternative investment avenues. Further, the investments attract better returns compared to those from conventional finance. It isn't a wonder that investors in their droves keep boarding the Defi juggernaut.
Without a doubt, 2020 is the year that the crypto community experienced significant growth. Cryptocurrencies regained much of their lost value and reached new heights, thanks to their growing adoption.
In this article, we will examine Facebook’s Libra Cryptocurrency, its essence, its special features, the advantages and disadvantages, and the problems and prospects of...
Cryptocurrency and blockchain aim to reduce dependence on regulated financial models and centralized platforms. Unfortunately, the majority of the exchanges are still running as centralized and in fully controlled models.
Dash was developed with privacy in mind and to overcome the shortfalls that Bitcoin was facing. Originally introduced as Xcoin in 2014, the crypto has rebranded twice - first as Darkcoin then as Dash. Speculation that Xcoin was a pump-and-dump scheme were rife and likely contributed to the name change. As the altcoin was being renamed to Darkcoin, it received press, which pushed its adoption among darknet markets. Ever since, Dash has had a somewhat controversial reputation to the effect that even some governments pushed for their delisting.
Blockchains are secure and imitable, but these publicly-circulated ledgers aren’t anonymous. In contrast, crypto assets are designed for transparency. If you make crypto investments, analysts can dedicate sufficient resources to track down your identity.
As cryptocurrency use gains more popularity, so do the innovations around this space. Crypto enthusiasts are set to enjoy increased convenience and ease of use after Kava unveiled Harvest.io. This cross-chain money market has a global reach, which makes it quite convenient for investors.
The blockchain market is estimated to exceed $39.7 billion by 2025, thanks to a growing need for smooth supplier management and simplified business operations. Blockchain promises secure data and easier recording of the transaction value.
If you think Bitcoin had a controversial entry into the cryptocurrency scene, think Libra. Diem, previously Libra, hasn't even entered the market, and it is already getting unpopular nicknames like Global coin and Facebook Coin.
Investors stake their cryptocurrencies by locking their assets for the reward incentives. Staking is similar to saving in banks because users lock their money in preferred financial services, but crypto staking earns higher ROI than fiat savings in banks.
Scammers couldn't have found a better place to thrive. What with decentralization, the anonymity of transactions, and a lack of regulation characterizing the space?
The crypto space is decorated with exciting projects. In the year 2020, however, none has caught the eye as much as DeFi has. DeFi is an acronym for decentralized finance, several protocols geared towards providing financial services while eliminating a central governing authority from transactions.
The statics couldn't paint a grimmer picture. According to the World Bank's findex report of 2017, up to 1.7 Billion people are either unbanked or underbanked. They, for the most part, cannot access financial services. Where they do, it is inadequate for their needs. As access to financial services impacts poverty reduction, this statistic makes for sad reading. We need urgent interventions to remedy the situation.
Satoshi Nakamoto is the known and recognized creator of Bitcoin. And even if we don’t know who Satoshi Nakamoto is or was, we do...
2020 is undoubtedly one year that will go down in history books. Far from the global health and economic crisis resulting from the pandemic, this year has seen an explosive growth of decentralized finance. In fact, we can only compare it to the 2017 ICO boom.
There's hardly a facet of our lives left untouched by blockchain technology. From the most ubiquitous to the complex of our engagements, its effects are discernible. But perhaps the one sector where its effects are most discernible is in finance. The shortfalls of the legacy financial systems provide the right environment for innovation to sprout. Fintech firms are outdoing themselves in the production of products and technologies aimed at bettering users' experiences.
The DeFi industry is still in its infancy stage but has already registered some impressive growth over the years. The industry's total value is currently locked at $14.92 billion and is expected to grow in the coming year.
Unless you’ve been blind to the crypto industry in 2020, you’ve undoubtedly caught wind of the DeFi craze. On the one hand, some investors are minting lucrative yields from the industry. On the other, some are losing their life savings.
As cryptocurrency use cases increase by the day, several investment opportunities have cropped up, making it increasingly difficult for fintech investors to choose their portfolios' best options.
Before the world started seeing cryptocurrency as a valid way of sending and receiving money, global charities and fundraisers relied on slow, geographically-limited, censorship-prone, and expensive donation methods. Admittedly, raising funds to promote educational content for children with special needs wasn’t a particularly easy feat a decade ago - just, for example. Bitcoin came, and activities in the crowdfunding space started breathing a new life. Fundraising for charity causes moved from local to international audiences, and project champions shifted their reliance from donors to the general public.
In 2013 I started investing in cryptocurrencies, to be more exact on Bitcoin. It all started when one of the people I followed on...
In crypto, there's a saying: "not your keys, not your coins." This means that if you do not have sole custody of your private keys, you cannot really claim to have ownership over your funds. If your keys are with a crypto exchange or any other third-party custodian, you may as well forget about being the true owner of your funds.
Nearly every industry these days is discovering the potential and power of blockchain. Even fashion, which you may not expect, is slowly onboarding the tech. The fashion industry is one where fraud is all too common - at least when it comes to sourcing authentic materials. But putting aside the solving of problems, are there ways in which blockchain can make the fashion industry better?
After a years-long wait, Ethereum 2.0 is finally here. Well, almost. The major upgrade will see the Ethereum network fix various scalability and security issues. The most notable shift will perhaps be moving from a proof-of-work (PoW) consensus mechanism to a proof-of-stake (PoS) protocol.
Wherever there's money to be made, you'll always find people ready to do so using unscrupulous means. After crypto blew into the scene, scams, especially internet-based ones, have gotten even more lifeblood than ever before. And unsuspecting players continue to fall victim.
The finance world has always been filled with curiosities. Money is a touchy subject, and people often go to extraordinary lengths to protect their positions. Out of this has emerged the concept of 'dark pools,' which are financial trading hubs taking place away from the public's eye.
For years now, Ethereum has been the most sought-after cryptocurrency right after Bitcoin. And in recent months, the coin seems to be on an unstoppable rally - which has only doubled down after the news that the long-awaited Eth2, an upgrade to the network, will be rolled out in December. At the time of writing, ETH is trading at over $500, according to Coinmarketcap. The currency has been oscillating within that range, which is a big deal considering the coin began the year with a tepid $130 in value.
Bitcoin was the world's first cryptocurrency. It has completely changed how the world views finance while at the same time rallying an entire industry of cryptocurrencies. Bitcoin holds (and probably will always hold) a very special place in cryptoverse. However, just like any new tech, Bitcoin has its growing pains. For this reason, Bitcoin developers are always coming up with improvement proposals for the network to make it even better.
Recently (Oct 2020), Monero hit $139 - its 2-year high, and investors are expressing renewed confidence in this crypto. What’s even more inspiring is the fact that the cryptocurrency has maintained a consistent sideways or upward - but not downward - trend since then. Before the 2017 crypto bull run, Monero always shied from surpassing the $1 mark. But the boom seemed to have inspired this crypto to take on the major players.
Credit/debit cards have enabled us to make instant, convenient, and hassle-free payments since the founding of the Diners Club in the 1950s, and today, this possibility has been extended to the purchase of Bitcoin. Buying Bitcoin with a credit card is among the easiest ways to get yourself some crypto.
Decentralized finance (Defi) is one of the relatively new blockchain applications, and it can be confusing for newcomer investors. Be that as it may, the pace at which the space is growing leaves no time to 'wait and see.' DeFi is evolving crazy fast, and new metrics are being invented to help investors weigh their options. Given the novelty of the subject, there are no widely-accepted standards yet. Still, there are some common indicators that we can use to judge whether one DeFi protocol is better than the next.
After completing our series on position size, we would like to summarize what we have learned and make conclusions.
There's no bigger mystery in the crypto world than the one of Bitcoin's creator's true identity. Satoshi Nakamoto is the pseudonym used by Bitcoin's creator(s). More than 10 years after Bitcoin, Satoshi's identity remains shrouded in mystery.
Bitcoin is the world's most popular currency. So it's not a surprise that most payment platforms worth their salt support the currency. One of these platforms is Skrill, the London-headquartered money transfer company that's now one of the most popular globally.
Anonymous trading used to be a reserve for high-profile investors. But with the increasing acceptance of crypto in forex trading, anyone can trade anonymously now. There are both advantages and limitations to trading anonymously. If you choose to trade forex anonymously, you could use Bitcoin or any altcoin accepted by your broker.