Category: Articles

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.

Continue reading Cryptocurrency Regulation in the European Union

With billions of investments being pumped in the blockchain industry, it seems to be growing rapidly day-by-day and is expanding on to new horizons.

Those horizons include humanitarian causes, such as combating child trafficking or introducing cheaper electricity. Others focus solely on the creation of cryptocurrencies, while some deal with copyright protection. The innovation seems to be never-ending.

One of these innovations comes to you from Decentraland, the company that shocked us all when in 2017 it attracted investments in the amount of $26 million in just 30 seconds, The New York Times writes.

Continue reading The rise of Blockchain

Cryptocurrency has hit a big goal – wide-spread media attention. Mass awareness, which most investors are hoping is just the precursor to mass adoption. Convincing people to ditch their traditional banks for a digital wallet however is a whole new hurdle. One of the biggest topics that most potential newcomers raise is ‘anonymity’. Here, I am going to give a beginner’s introduction to the anonymous nature of cryptocurrency.

Continue reading How Anonymous is the Use and Purchase of Cryptocurrency

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.

Continue reading 25 Under-the-Radar Crypto Enthusiasts You Should Follow

The advent of blockchain technology and cryptocurrencies has opened the world to a number of interesting possibilities and questions. The possibilities seem endless (much like the seemingly infinite list of cryptocurrencies). Yet, with these possibilities, a number of questions arise.

These questions primarily focus on the value that blockchain bribings to society, the intrinsic value of cryptocurrencies (especially, leading cryptocurrencies like Bitcoin) in contrast with fiat currencies.

Continue reading The Difference Between a Capitalist and a Crypto Capitalist

2Already 80% of all Bitcoins have been mined (as of January 15, 2018) so let’s see  how many Bitcoins are left. The Bitcoin blockchain was designed to only ever produce 21 million Bitcoins. Once all of these are produced and mined there won’t ever be another Bitcoin produced. This is known as controlled supply and is in direct contrast with the way national currencies are handled by central banks.

National, or fiat, currencies have an ever expanding supply. This has several reasons, one of which is that it creates inflation, which global governments encourage as a way to grow the economy. Unfortunately it also leads to the devaluation of the currencies, and in many cases this also leads to a reduction of wealth for citizens.

Continue reading How Many Bitcoins are Left: What Happens When All the Bitcoins are Mined?

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.

Continue reading Bitcoin Security: How to secure your Bitcoin Transactions and Investments

In this article we’ll dive deep into the what, why, and how of consensus algorithms – the most overlooked component of every successful cryptocurrency.

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.

Continue reading Cryptocurrency Consensus Algorithms Bible: Everything you Need to Know

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.

Continue reading National Cryptocurrencies – The end of Financial Privacy