As with any emerging industry, skepticism has been on the rise when it comes to blockchain technology and cryptocurrencies, as well. With some critics arguing that the industry is not as important as its proponents claim it to be, to downright saying it is bound to fail, there are those who, on the other hand, believe blockchain technology, the technology behind crypto market, is very much necessary in today’s financial world and is here to stay.
The age of cryptocurrencies brought to light some of the most bright minded individuals-usually traders, programmers, hedge fund managers, and designers worth following.
While most of us rush to follow the likes of Satoshi Nakamoto (whoever that is), Don and Lex Tapscott, Andreas Antonopoulos, Charlee Lee and other key members, there are small-time but effective crypto enthusiasts that could be worth following.
One of the benefits of following under the radar cryptocurrency enthusiasts is a faster response to queries. These individuals have fewer followers and can get back to you within a day or less.
Blockchain technology has the potential to radically alter many aspects of American urban and civic life, making the country more democratic and increasing access to services for the most vulnerable citizens.
This is the assessment of Brooks Rainwater, Director of the Center for City Solutions and Applied Research at the National League of Cities (NLC). According to the NLC ‘Blockchain in Cities’ report, the city of Austin, Texas is the site of the first of a series of exciting new experiments that seeks to test out the effectiveness of the blockchain as a means of delivering municipal services and solving ease of access problems. The project in Austin aims to increase access to services for its most vulnerable people while giving service providers enhanced access to their information.
Mining is one of the easiest and straightforward ways to earn cryptocurrencies. Unfortunately, with hashing difficulty growing by the year, it’s no longer possible to mine cryptocurrencies using ordinary computers. You need advanced kits dedicated to this work.
Crypto mining kits can be classified into three groups; CPUs (where it all began) GPU (next up) and finally the revered ASICS. If you’ve been hunting for the best hardware for crypto mining, you’ve come to the right place. The kits reviewed in this article can mine Bitcoin, Ethereum, Litecoin, Zcash and several other cryptocurrencies.
Let’s begin the countdown, shall we?
The Chicago Board Options Exchange (CBOE) President Chris Cocannon has stated that as a result of the SEC’s recent decision that Ethereum is not a security, the Exchange is now open to the possibility of trading ETH futures.
Speaking earlier in the week, Concannon revealed that the CBOE, which has been interested in the ETH Futures market since December 2017 may likely begin to offer ETH Futures contracts alongside Bitcoin Futures contracts which are already traded on the Exchange.
The cryptocurrency world can be so daunting for beginners to fathom. Currently, there are over 1500 cryptocurrencies in existence with countless articles about these printed on the web.
However, these articles don’t supply a novice trader with the relevant information to get started. If you’re thinking of becoming a trader, then the best choice would be to immerse yourself in one or several of the following cryptocurrency books.
Which are the best books to read before diving into cryptocurrency trading?
The need to use an official wallet that comes right from the Bitcoin network itself is especially notable for new cryptocurrency users. New cryptocurrency users are looking for that reliability and trust factor which can only come with using “official” means in order to keep their Bitcoins safe, secure and away from the prying eyes of malicious parties.
While it is not often recommended, such a solution does exist in the form of Bitcoin Core Wallet, which lets users keep their Bitcoin safe through a software that was developed and functions as the main doorway to the Bitcoin blockchain.
There’s a new effort to move ecommerce to the blockchain, taking back the marketplace functionality in a decentralized environment that is of greater benefit to small merchants and customers alike. This is the Public Market Protocol, which will alleviate the need for private marketplaces, letting merchants engage directly with their customers, and ridding the entire process of the monopolistic corporations that have interfered in the process with unnecessary fees and commission.
The American multinational retail corporation, operating an enormous chain of hypermarkets and grocery shops, applied for the patent in December 2017.
Bentonville, Arkansas-based retail giant plans to use the system to assist companies in managing their energy consumption through the use of digital currency.
With so many start-ups and new projects in the blockchain space, not to mention the lack of regulation, it’s hard to decide where to go to buy Bitcoin or other cryptocurrencies. You want to, but aren’t sure who to trust among the dozens of cryptocurrencies exchanges and peer-to-peer marketplaces. Where can you go to learn which companies are reputable and secure.
If you’re reading this review then you’ve found one source of information. I can tell you that XAPO has been in business for quite some time (in blockchain terms), and while there have been some online complaints, overall they are considered to be trustable. In fact, they have been able to raise $40 million from investors, so this at least shows their legitimacy and the trust they have from the business world.