Cryptocurrency is all the rage these days. So much so that many people have found themselves eager to invest in it. But, as many investors will tell you, investing in cryptocurrencies can be risky. After all, cryptocurrency isn’t backed by anything. Instead, its value is based on perceived value. Although cryptocurrency is still making serious […]

A cryptocurrency is a virtual currency, which uses the method of cryptography for its security. It is decentralized and is under no control of financial institutions, or government control. Cryptocurrencies work using a technology called a blockchain. Blockchain is a decentralized ledger that records all transactions for a given cryptocurrency. Transactions will be verified by […]

Bitcoin is a digital or virtual currency that uses peer-to-peer technology to facilitate instant payments. Bitcoin is unique in that there are a finite number of them: 21 million. Bitcoins have been around since 2009, but they only started gaining traction in 2013. Because of the finite number of Bitcoins, as well as their increasing […]

You may have been coming across the term “bots” more often now. People in your office and at your book club might be holding deep conversations about this subject matter. And you may have been a witness to the entire conversation. But you are still not sure “what are bots“. Bots, short for “robots” are […]

Litecoin (LTC) was released in 2011, and this peer-to-peer crypto is one of the most popular altcoins in the world. It is well known because of its fast transaction speed and because it is fairly easy to mine. Like Bitcoin, it uses an SHA-256 hashing algorithm and uses Scrypt (a memory-hard algorithm) to store its […]

Cryptocurrencies gained a ton of attention this year, and rightfully so. With the price of the bitcoin soaring, and the market cap of the top 5 increasing by more than $25 billion, it’s no surprise that people want to learn more about the ins and outs of it all and how they can make some […]

Digital currencies are often referred to as cryptocurrencies, but that’s not necessarily the right name for the various types of digital currencies that exist today. The term altcoin was coined by Bitcoin developer Hal Finney, who went on to help create the first altcoin, the original code base of the Bitcoin project. Since then, the […]

Proof-of-Stake (PoS) coins are all the rage these days. These coins rely on users’ ability to mine new coins, as opposed to the traditional Proof-of-Work (PoW) system, where miners solve complex equations to solve complex puzzles. PoS coins are more environmentally friendly, as they require no electricity, and they prove to be more cost-efficient as […]