Bitcoin is a peer-to-peer payment system. It is also otherwise known as electronic money or virtual currency. It offers an alternative to mortar and brick banking and transactions are made via e-wallet. Bitcoin has subverted the traditional banking system while operating outside government regulations. Bitcoin utilizes the art of cryptography…
2018 September
In essence, cryptocurrency is a digital currency created and managed using cutting-edge encryption techniques called cryptography. In 2009, cryptocurrency evolved from being just an academic concept to virtual reality with the introduction of Bitcoin. A few years after its introduction, Bitcoin earned a massive following. However, it generated relevant media…
While cryptocurrency has shown tremendous potential, many still find it too technical for their liking. To simplify things, think of cryptocurrency as money on software platforms. In addition, it would help to also know that companies/teams behind cryptocurrencies are creating new software platforms aside from creating a new form of…
Bitcoin has been called many things—transformative, disruptive, the future of money, to name a few. To some extent, it lives up to some of the names it is given. If anything, bitcoin has the potential to change the way people bank, do transactions, and view money. Earning bitcoins can be…
Simply put, cryptocurrency is a decentralised and encrypted digital currency. It is transferred between peers and confirmed using a public ledger through a process called mining. Cryptocurrency Basics If you want to understand how cryptocurrency works, you need to understand the following basic concepts: Mining The process of confirming transactions…
There is a lot of money to be made in Bitcoin trading. You can make profits by trading the digital currency, either as a short-term speculative investor or long-term investor. Whatever route you choose, taking the plunge and investing your money in Bitcoins can be very stressful and challenging. This…
Have you been paying attention to the news lately? Got a chance to check through your news feed on what’s the latest update? Then you’ve probably noticed how cryptocurrency is taking the world by storm. It also wouldn’t come as a surprise if you are interested to learn how this…
Anyone can participate in the cryptocurrency market. People can invest in an Initial Coin Offering, trade, or just research about the whole system work, and they can get a hold of the information they need by simply looking into it in the Internet However, while getting involved in cryptocurrency is…
5 Advantages of Hiring an ICO Consultancy Company A lot of struggling and startup ICO companies are torn whether they should rely on their internal team or hire a consulting firm to fix their problems. This is because most business owners are worried that an external team might not offer…