The cryptocurrency market has gone a long way from the introduction of Bitcoin (BTC) in 2009 and the first steps of crypto trading, to the modern day status of hundreds of cryptocurrency exchange platforms that trade multibillion-dollar sums on a daily basis. Back in the day, when BTC and other altcoins like Ethereum (ETH) and …
Staying anonymous in the digital world can be quite tricky because your actions often leave digital footprints. For instance, Bitcoin, the world’s first cryptocurrency, has a reputation for being an anonymous digital currency. However, this isn’t quite true. In fact, Bitcoin is a non-anonymous or pseudonymous cryptocurrency. Therefore, every Bitcoin transaction leaves digital footprints. So …
Cloud mining means a process used for verifying and completing transactions between users on a public ledger called a blockchain. There are four types of cryptocurrency mining based on the mining hardware you use: mining using graphics cards (GPU), mining using a computer processor (CPU), mining with special equipment designed for the purpose of mining …
The process of mining cryptocurrencies was first presented in 2010 by Satoshi Nakamoto, the developer of Bitcoin, in order to offer a way for users to get BTC. At first, in order to use this method, the user only needed a strong internet connection, a computer, and the right software. However, over time, it became …
You may expect only people who can evaluate the market movements, or so-called day traders, to be the only ones that can earn money in the digital asset markets. Well, it turns out that this isn’t true for the cryptosphere, as this industry offers several ways of making a profit and earning a substantial sum …
When dealing with cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and other altcoins, you need a way to keep your funds safe. Cryptocurrencies can’t be physically stored in a wallet and they can’t even be stored in a traditional bank account, since banks still don’t accept crypto assets as a store of value. Using cryptocurrencies …
The cryptocurrency market is a multi-trillion dollar market, which clearly illustrates the financial significance of cryptocurrencies today. In the early 2010s, cryptocurrencies were a new financial instrument that attracted mostly tech-savvy, crypto enthusiasts who believed that one day, digital currencies would become a real alternative to physical, fiat money. Over the years, the popularity of …
When dealing with cryptocurrencies, you need to think about safe storage to keep your assets at all times. Given the fact that cryptocurrencies are digital assets, they don’t physically exist. You can’t put Bitcoin (BTC), Ethereum (ETH) or Litecoin (LTC) in your wallet with fiat money like USD or EUR. This is why it was …
When you get into the cryptocurrency field, you expect to earn some money. Luckily, there are a handful of different ways you can try to increase your crypto stocks once you get started. The most common and legitimate ways are by buying, trading, and staking digital coins. However, some people might try to earn cryptocurrency …
Bitcoin (BTC) is a cryptocurrency developed in 2009 by a modest developer under the name of Satoshi Nakamoto. Bitcoin was introduced for the first time in Satoshi’s white paper. It was envisioned as a decentralized digital currency, which means that it operates with no central authority (like a bank) in charge. To achieve this, Bitcoin …
Today, the cryptocurrency market has thousands of different digital assets. Of course, the most popular ones and those with the biggest crypto market capitalization are Bitcoin (BTC) and Ethereum (ETH), the main crypto stars whose pioneer blockchain technology paved the way for other cryptos. These two currencies are synonyms for crypto assets, with their prices …
Ethereum (ETH) is an open-source computing platform, a blockchain-based system, and a cryptocurrency. The Ethereum system is based on the use of tokens that can be bought, sold, traded, or used in the process of building decentralized applications and smart contracts. ERC20 tokens are a group of tokens created on the Ethereum network. Advanced Ethereum …
