Tuesday, September 25, 2018

Cryptocurrency Info

What Is Cryptocurrency?

I’m sure many of you are curious of this so called “21st -century money of the future“ and due […]

Cryptocurrency Investment

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Cryptocurrency Knowledge

The question is, Why Cryptocurrency?

Apart from cryptocurrency being very secure and is run through a decentralized network, there are other properties which projects why cryptocurrencies may be the most talked about topic in town. It has also beenconsidered as potentially an investment vehicle, which may garner massive returns. Have you heard of Erik Finman? The teenage Bitcoin millionaire who started picking up Bitcoin at only $12 a piece back in May 2011, when he was just 12 years old. He received the Bitcoin as a tip from his brother and a […]

How Are The Cryptocurrencies Value Determined?

The value of cryptocurrencies are dependent on the market, where the prices of various cryptocurrencies vary a lot and is one of the most fluctuating and volatile markets to date. The price of cryptocurrencies like any other products is dependent on demand and supply. If more people demands a particular currency and it is short in supply, then the value increases. More units are mined by miners to balance the flow. However, most currencies limit the supply of their tokens. For instance the total amount of Bitcoin […]

What Is The Cryptographic Protocol?

A protocol is a set of rules. It describes the proper protocol for certain actions and behaviors. David Johnston, the Governor General of Canada, broke protocol when he touched Queen Elizabeth II on the steps of Canada House on Trafalgar Square in London. The Queen was 91 years old at the time and the Governor General touched her arm to protect her from falling on the steps. It is protocol to not touch a member of Britain’s royal family.   There are protocols to most things in […]

Lower Risk Than Traditional Currencies

Another prominent advantage of Cryptocurrency is its risk is lower than traditional currencies. In this era, most people rarely have their cash in their possession now. Instead, they have an array of credit cards, debit cards and other payment cards available as their nations’ method of payment. Nothing’s wrong with that, except however if the store’s connection to the server is disconnected or their machine is out of service, and you who do not possess any cash just ended up holding the line. The thing about these […]