The Lightning Network or “Lightning” is basically a payment protocol that runs atop a blockchain (primarily for Bitcoin network), and is added as a kind of the second layer in order to process more transactions and eliminate mining fees. It does so by settling a transaction before it’s published on the blockchain. The reason for […]
Either very clever or extremely risky and possibly both is the phrase which instantly springs to mind with the concept “National” cryptocurrency. Clever for Governments to seek to “own” the blockchain space and potential uses, and extremely risky due to the overall volatility in the market and the sophistication of key players to manipulate it. […]
Cryptocurrency is one of the shortest ways to increase your capital drastically, though it is associated with great risks. The most popular and the first mined crypto is Bitcoin (BTC). It was the first and stays the first of all coins.
What is Cloud Mining? Cloud mining means using shared hashing power provided by remote mining farms. All you need for a successful start is your laptop or your phone to get in touch with the service providers and a wallet to withdraw your rewards to.
2018 is the year of disillusionment and understanding for all those new to cryptocurrency. There is a lot to love in this new financial paradigm. We have finally learned to use this new shared monetary system and far from leaving it, we are in fact adopting it rapidly. It is only a matter of time […]
If you haven’t noticed yet, we are living in an entirely different world thanks to the advent of cryptocurrencies. There are many individuals around the world who believe in not only the value of cryptocurrencies but the ethos behind them as well. Every single day more and more people around the globe are being turned […]
No matter how optimistic some might have been regarding Bitcoin’s growth in 2017, the market’s bull-run, throughout the year, took price to a yearly high that exceeded the most hopeful predictions. During the past year, Bitcoin price increased by more than ten times. More interestingly, Bitcoin’s blockchain was forked more than 20 times during 2017. […]
During the past few weeks, bitcoin’s transaction fees have markedly increased and today, it typically costs around $20 to send a payment across bitcoin’s network. The reasons underlying this rise in transaction fees are rather complex but can be namely attributed to an increased number of transactions and the limited amount of transactions that the […]
The drama that accompanies this story is described as joys, sadness, and nervousness, but if it is true, Bitcoin closes 2017 with a price of more than $ 15,000! It is multiplied by 15 from the initial price of $ 997.69 in January. This historical moment will be discussed by many generations in the future. […]
Bitcoin is rapidly going mainstream, the price hit another all-time high in November 2017, reaching more than $11000 per bitcoin. Many other cryptos and altcoins have also increased in value vastly this year. But what does this mean in the real world? Are cryptocurrencies still mainly for price speculation or investment or can you actually […]