cryptocurrency

The technology that brought us the first transparent, secure, and decentralized currency through Bitcoin has opened the floodgates for incredibly innovative business solutions through smart contracts on networks such as the Ethereum Network. Through this, a large number of businesses have minted a growing group of people with significant wealth tied to cryptocurrencies. However, as it stands, the process to translate the wealth accumulated in cryptocurrencies to real-life experiences for cryptocurrency owners to enjoy is, unfortunately, painfully inconvenient. The activities of purchasing, transferring, and exchanging cryptocurrencies to widely accepted “money” are complicated, slow, and unstable. The real-world usability problems associated with cryptocurrencies have encouraged a number of companies to tackle this challenge. While many of the contenders in this space have approached it with a seemingly logical prepaid plastic card solution, their use cases ar

Crypto currencies such as Bitcoin, Ethereum and Ripple have not only established themselves as means of payment in recent years, but have also increasingly proved to be a highly attractive field for investments. However, the current situation on the cryptographic markets is characterized by illiquidity, enormous volatility and a serious asymmetry of information among the participants. But this makes the market very lucrative and attracts speculators. Tenfold returns in less than a year are not uncommon. But these gains are at the expense of the ill-informed users. The success in crypto markets is based on information advantages that few have over many. This is the core problem: a lack of high quality, verifiable information. There is far too much noise in the relevant channels and far too little resilient facts. When you are in Telegram channels, slacks, subreddits and private forums you will find plenty of hype, insecurity and fears. This highly problemat

Cryptocurrency is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions on a ledger that is typically publicly viewable. A community guarantees the authenticity of the transactions in addition to the creation of additional units of the currency. Cryptocurrency enables users to act anonymously and this removes power traditionally held by financial institutions. At first the blockchain might seem complex but in reality, it’s very simple. The blockchain is just another type of database for recording transactions — once a transaction occurs, it is copied to all of the computers in a participating network and this is sometimes referred to as a distributed ledger. Data is stored in ‘blocks’, and there are two main features about ‘blocks’ to know: Content: mainly a list of instruction statements and digital assets (such as transactions made) and the amounts and addresses of the parties to those transactions. Header