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

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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