Now that Halloween’s behind us, it is officially time to start preparing for the holiday season! Seeing as most cryptocurrencies peak in value around the start of the new year, now is probably the best time to cozy up with a cup of joe and spend a couple of hours researching. To get started, read this list of three altcoins that could very well be among the top contenders to mark 2019.
Whether you’re a serious investor or simply a cryptocurrency enthusiast, you should know more about hardware wallets other than the fact that “they are used to store coins” — simply because that’s what a five-year-old child would say. So, in an effort to compile an easy-to-read overview of hardware wallets, we bring you this article.
Initial coin offerings (ICOs for short) have become one of the most widely used crowdfunding methods, allowing for ridiculous amounts of money to be collected sometimes in less than a day.
According to statistics published by icodata.io they are a multi-billion dollar industry, with over $6.1 billion raised in 873 ICOs during 2017.
It’s 2018, and Bitcoin has been around for almost a decade. By now you’ve probably heard of the famous decentralized, peer-to-peer, electronic cash system — and if you haven’t, read our beginner’s guide before you go any further.
Gavin Andresen is one of the most influential Bitcoin developers and “an all-around geek”. One of the household names in the Bitcoin community and the successor of Satoshi Nakamoto as lead maintainer of Bitcoin Core – Gavin has been with the project since its early days.
This article isn’t your traditional, emotionally charged opinion piece; it is, rather, a fact-based, coherent chronology that aims to provide you with the most notable events in Gavin’s involvement with Bitcoin. What you take of it is entirely up to you. Let’s dive right in!
Cryptocurrency regulation in the European Union is still in its early stages. While the EU is working on the general guidelines regarding crypto regulation, individual member states have undertaken different regulatory approaches according to their specific legal traditions and practices. This article is focused on the legal documents directly regulating, or otherwise affecting cryptocurrencies in the European Union at the “federal” level – without examining the different approaches undertaken by all 28 member states.
Responsibility is the price of freedom
Let’s be honest – cryptocurrencies aren’t user-friendly just yet. Securing crypto assets isn’t as easy as we’d like it to be; it takes some skill, dedication and a bit of patience to secure your bitcoins properly.
Every now and then we hear a newsworthy story of some guy who lost a considerable amount of money because he lost the private keys to his wallet, got hacked, or the third-party service provider that had custody over his private keys got hacked.
First off, we will take a look at the Byzantine Generals’ Problem as one of the major issues a distributed network must overcome to function properly, and then we will move on to some of the most widely used consensus algorithms and look at the way they work in greater detail.
While this isn’t exactly a casual read, we promise all cryptocurrency enthusiasts (newbies and experts alike) that there’s valuable information ahead that will surely broaden your understandings on the subject.
National cryptocurrencies are slowly creeping their way into our lives. At present, Venezuela is the only country with a “functioning” national cryptocurrency as legal tender, but this only the beginning of a newly emerging trend. Russia, China, Estonia, Iran, and Turkey are just a few of the countries that have made their intentions of creating a national cryptocurrency public.
There’s no doubt that digitalization of money is inevitable. In fact, about 92% of all the money in the world exist in digital form, and digital payments are slowly replacing cash payments. Countries like Norway, Sweden, and Denmark are already planning to stop using cash altogether.
Bitcoin is often regarded as an anonymous cryptocurrency because it is possible to transmit and accept bitcoins without giving anyone your personally identifying information. While this is true, the current version of the protocol is not exactly anonymous.
When Bitcoin was first introduced in 2009, its creator Satoshi Nakamoto envisioned it to be a private and secure protocol for transfer of value over the Internet. Before 2014, the general public didn’t really understand how the blockchain technology operates; there was very little information on the Internet and the limited info that was available was usually catered to developers/cryptographers who already knew a lot about the technology.