Cryptocurrency Featured

Hazards, Rewards, and Dangers associated with ICOs

Bitcoin created a revolution simply by introducing the first-ever decentralized digital currency in which often people and businesses handle their transactions instead associated with banks and debit cards. Nowadays, we have another trend in the form of Initial Coin Offering (ICO). What Is An Initial Coin Offering (ICO)? ICO is a fairly new fundraising tool which usually startup businesses use to raise capital through cryptocurrencies/tokens. Here, investors raise revenue either Bitcoins, Ethereum or even other types of cryptocurrencies. It’s like another kind of crowdfunding. Advantages of ICOs Like Bitcoin, ICOs…

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Cryptocurrency

The Multilayered Cryptocurrency

Questions have arisen unto whether bitcoin is turning into a multilayered system. Well, the answer is yes. This article seeks to outline the various layers onto which bitcoin lies on. It’s all yours! Have you heard of those who refer to bitcoin as digital gold? Clearly, the cryptocurrency is quickly gaining popularity and acceptance in the crypto world. The value of the coin is estimated to rise higher. However, it is also noted that the coin can gain or lose 50% of its value overnight. This causes speculations among investors…

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Cryptocurrency

What Is an ICO in Cryptocurrency?

ICO is short for Initial Coin Offering. When launching a new cryptocurrency or crypto-token, the developers offer investors a limited number of units in exchange for other major crypto coins such as Bitcoin or Ethereum. ICOs are amazing tools for quickly raining development funds to support new cryptocurrencies. The tokens offered during an ICO can be sold and traded on cryptocurrency exchanges, assuming there is sufficient demand for them. The Ethereum ICO is one of the most notable successes and the popularity of Initial Coin Offerings is growing as we…

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Cryptocurrency

2019 Is the Year of the Masternodes Cryptocurrencies

Digital currencies such as Bitcoin and Ethereum are in the news headlines everyday. The properties that make these cryptocurrencies unique is their abilities to act as a store of value, and lightning quick transfer speeds, or at least with the introduction of the lightning network for Bitcoin, and Ethereum’ Casper switch to pos and its smart contract capabilities allow cryptocurrencies to be more than just money. Now Masternodes coins are all the rage due to the added incentive it gives to owning a percentage of a certain currency. If you…

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Cryptocurrency

4 Ways Blockchain Will Disrupt Business As We Know It

Blockchain technology and cryptocurrencies like Bitcoin generated a lot of news this past year. It seems like every week there’s another headline touting an upcoming revolution or downplaying this new technology as a fad with few long term prospects. If you are unfamiliar with blockchain tech, or are still building a point of view, let me make the case for revolution. Recipe for Disruption Let’s start with why we trust doing business with a company. We trust our largest retailers to fulfill our purchases to deliver goods and services. We…

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Cryptocurrency

The Basics of Cryptocurrency and the Way It Works

n the times that we’re living in, technology has made unbelievable advancement as compared to any time in the past. This evolution has redefined the life of man on almost every aspect. In fact, this evolution is an ongoing process and thus, human life on earth is improving constantly day in and day out. One of the latest inclusions in this aspect is cryptocurrencies. Cryptocurrency is nothing but digital currency, which has been designed to impose security and anonymity in online monetary transactions. It uses cryptographic encryption to both generate…

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