Bitcoin Bitcoin and Two-Factor Authentication SecurityDid you know that a staggering one billion accounts have been compromised in the past few years alone? Even tech titans like Google and Yahoo have struggled to keep their users safe. The unfortunate reality is cyber criminals are getting sneakier and more resourceful with every new security measure that’s implemented online. The best way
Smart Contracts Advantages of Smart Contract-Based TransfersThere are several advantages to using smart contracts to transact cryptocurrency. Before we get into those, let’s first talk about the disadvantages of current cryptocurrency transaction methods. When we make financial transactions with banks or credit cards, they verify and process the payment. However, when we make cryptocurrency transactions, the network verifies and approves the
blockchain Learn About Crypto ICO and How it WorksIt’s no secret that the world of technology is booming with new ideas and innovations. The ability for businesses to launch their product to market at lightning speed has been made possible thanks to the internet. In addition to this, businesses can now raise money directly from potential customers – something known as an Initial
Bitcoin What is Bitcoin Pizza Day?Bitcoin Pizza Day is the annual celebration of the first real-world transaction with Bitcoin involving 10,000 Bitcoins for 2 pizzas. At Bitcoin’s peak price of $64,800 on April 14, 2021, those two pizza were worth $648,000,000 USD. The event was initiated by Crypto Maffia, a Swiss-based blockchain and cryptocurrency marketing firm. May 22 is marked
News When Will Cryptocurrency Become the Default PaymentCryptocurrency is a revolutionary technology that has the potential to change how we exchange money. The ability to transact with digital money that isn’t controlled by banks or governments represents a free and democratic way of transacting financial value. But for cryptocurrencies to become a widely used form of payment, there need to be more
Smart Contracts Smart Contracts: the Backbone of CryptocurrenciesCryptocurrency Transactions with Smart Contracts We know that smart contracts are digital agreements that automatically execute when certain conditions are met. Similarly, cryptocurrency transactions with smart contracts happen when one person initiates a transfer and another person receives the funds. But what makes these transactions different from normal cryptocurrency exchanges is that they are programmed
News The Basics of Crypto Margin Trading: Simplified and ExplainedMargin trading is a standard feature on most traditional stock (Fiat money) exchanges, but it’s not as common in the world of cryptocurrency. Crypto trading already has its own unique challenges that need to be addressed before adding margin trading to digital currency exchanges becomes common. Let’s take a look at what crypto margin trading
Ethereum The Creation and Evolution of the Ethereum BlockchainEthereum may be the second-largest cryptocurrency by market capitalization and one of the most exciting projects in the blockchain space. It is also a project that has its origins in software development efforts in the 1990s. To fully appreciate the brilliance behind the real backbone technology that made Ether (the most prominent cryptocurrency from the
Bitcoin Who Really Created Bitcoin?One of the greatest mysteries of the modern tech world is the identity of Satoshi Nakamoto, the computer programmer some people credits as the creator of bitcoin – a digital currency. Since the creation of cryptocurrency in 2008, nobody has been able to find out exactly who Satoshi Nakamoto is. Could for example, the name
Smart Contracts How Does Smart Contracts WorkWhat Are Smart Contracts? A smart contract is a digital agreement that automatically executes when certain conditions are met. These smart contracts are programmed to self-execute by using blockchain technology and computer code that is unchangeable and transparent. For this reason, smart contracts are often used to create trust when trading goods and services online.
blockchain How Does a Blockchain WorkWhat is Blockchain? Blockchain technology is the digital decentralized ledger that makes cryptocurrency transactions possible. It’s essentially a public record of all financial transactions that is accessible to anyone who participates in the network. Because blockchain is decentralized, no one person or company controls the system. Instead, the ledger is verified and maintained by a
