The third cryptocurrency is Litecoin. When the currency was first launched in 2011, it aspired to be the ‘silver’ to Bitcoin’s ‘gold’. Litecoin also recorded the highest market cap of any other mined cryptocurrency, after Bitcoin after its launch. The main reason of Litecoin’s creation is to make up what Bitcoin lacked. The main difference […]
The second most popular crypto-currency is Ethereum. Created by Vitalik Buterin, it has scored itself the second spot in the hierarchy of cryptocurrencies. This digital currency launched in 2015 is predicted to surpass Bitcoin and may be the cryptocurrency of the future. Ethereum is currently worth $279 since its launch. Is Ethereum similar to Bitcoin? […]
Author / Article / Blockchain Technology /
Blockchain technology functions in managing and maintaining a growing set of data blocks, and this is by using the decentralized or known as the P2P (Peer to Peer) network. In blockchain, once a piece of data is recorded it cannot be edited or changed. To put it in simpler terms, it enables you to send […]
Author / Article / What are miners in cryptocurrency terminology? /
Since miners play a major role in the cryptocurrency system, let’s look at their role in more detail. What Are Miners Doing? First and foremost, principally anyone can be miner. Miners are neededbecause of the nature of the decentralized network where they have noauthority to delegate tasks and the cryptocurrency needs some kind of system […]
Author / Article / Strategies For Bitcoin And Cryptocurrency Investors /
4 Strategies For Bitcoin And Cryptocurrency Investors Investing in highly volatile bitcoins and other cryptocurrencies is risky business. These currencies are all electronic or virtual in nature, and thus have no physical presence. They don’t even have intrinsic value. However, no one can deny that right now these cryptocurrencies are extremely valuable and those who […]