headline We Built Bitcoin Time Machine (sorta) We’ve built a Bitcoin machine calculator as a way to see much you theoretically could have made if you invested years ago. What is a time machine is a theoretical device used to travel through time. So obviously we didn’t do all that. A time machine is a concept that has been featured in many
altcoins Crypto ICO: What Are They and How Do They Work? Crypto ICOs are one of the most talked about topics in recent months, since the rebound in digital assets prices. But what are these ICOs and what do they mean for the crypto space? In this article, we will explore what a cryptocurrency ICO is, how it works, and why it’s important. So what are
News What If I Had Invested $1 in Bitcoin in 2011, How Much Would it be Worth Today? What if you could get yourself into a time machine and go back to 2011 just to buy $1 dollar’s worth of Bitcoin. At today’s prices how much will your dollar be worth? Specifically we are going to choose the date exact day of January 1, 2011. You may want to be sitting down for
Bitcoin Can You Use Crypto to Buy a Car? Cryptocurrency is becoming an increasingly popular form of payment, and a few car manufacturers have started to accept it as a form of payment. Tesla, BMW and Toyota are amongst the first car manufacturers to accept cryptocurrency as payment. Tesla was the first of the three to accept Bitcoin as payment, with BMW and Toyota
Exchange What is Crypto Exchange, Kraken’s 2023 Valuation? If you are and active, or prospective crypto investor we have all learnt from SBF saga why it’s important to know how healthy an exchange is. Before putting your hard earned cash in please study the exchange first. Kraken is a leading cryptocurrency exchange that provides a secure platform for trading a variety of digital
News Which Crypto Exchange is Right for Me? So you’ve gotten acquainted with the world of cryptocurrencies and blockchain technology, and are now eager to invest. Great! There are plenty of ways to do so – ranging from straightforward to complex, but for many first-time investors, choosing the best crypto exchange can be an overwhelming experience. Let’s face it: There are too many
News Crypto Exchanges for New Cryptocurrency Traders Crypto exchanges are online platforms where users can buy, sell, and trade cryptocurrencies such as Bitcoin, Ethereum, and other altcoins. These platforms provide a secure environment for users to trade and exchange their cryptocurrencies with other users. Crypto exchanges offer a variety of order types, such as limit orders, market orders, and stop-limit orders, that
altcoins The History and Creation of Litecoin Litecoin is an open source, decentralized digital currency that was created in 2011 by Charlie Lee, a former Google employee. It was created as an alternative to Bitcoin and has many of the same features, but it is faster, cheaper to send, and more energy efficient. Why was Litecoin created? Litecoin was created with the
News What is a 51% Attack in Cryptocurrency World? We’ve learnt now that no system created by human beings is invulnerable, overtime weaknesses will be found and exploited – an example of this is a 51% attack in crypto. A 51% attack in cryptocurrency is when a malicious actor or group of actors control a majority of the computing power (hashrate) in a Proof-of-Work
headline What is Proof-of-Work in Cryptocurrency? Proof-of-Work (PoW) is a consensus algorithm used by many cryptocurrency networks to validate transactions on the blockchain. PoW is used to secure the network and prevent double-spending of digital assets by requiring miners to complete complex mathematical puzzles to create new blocks and add them to the blockchain. In return for their work, miners are
Crypto Wallets The Scrypt Algorithm: Why It’s Useful in Cryptocurrency? The Scrypt algorithm is an important cryptocurrency algorithm that is used in many different coins and applications. It is a memory-intensive algorithm that is designed to be resistant to custom hardware solutions that are built to increase mining power. This means that it is more secure than other algorithms, as it is not possible for
altcoins The History of Altcoins Part 2 Cryptocurrency has been around for over 10 years, and one of the most interesting aspects of this technology is the emergence of altcoins. Since the first Bitcoin was created in 2009, hundreds of alternative cryptocurrencies have been created and are traded on exchanges around the world. But what is an altcoin, and how did it
News Let’s Make Crypto Green Again When digital digital currencies are fully adopted, not a single tree will be chopped down to issue them. But cryptocurrency mining is an energy-intensive process that requires a large amount of electricity to power the hardware used to solve the cryptographic puzzles that reward miners with digital currency. With the growing popularity of cryptocurrencies, it
Crypto Wallets Should I Ditch Crypto Exchanges and Use a Private Wallet Instead? With fall of the prominient crypto exchanges Celsius Network, Voyager Digital and FTX, you maybe wondering if is time to completely skip public storage and go private. That is a more valid question than every before, but like everything else in life there significant pros and cons to both storage methods. Crypto is not cash,
Crypto Wallets What Are Proof of Reserves in the Cryptocurrency World? In the wake of the FTX Sam Bankman-Fried fiasco, many questions surrounding the future of crypto have included the need for more stringent regulation. Many in the Crypto word have scoffed at heavy government involvement overseeing digital assets from the start. But with the massive proliferation of blockchain technology over just 5 years and the
Crypto Wallets How Risky is Crypto Day Trading? We are all familiar with the stories about stocks day traders, but do you know you can do the same thing with crypto? Cryptocurrency day trading is a high-risk activity with potentially enormous rewards and losses. With the growth of cryptocurrency markets, day trading has become increasingly popular, as traders seek to capitalize on short-term