cryptocurrency

Learn how cryptocurrency works and the pros and cons of shifting to a digital economy.

What are NFTs? Why are they trending in 2021?
What are NFTs? Why are they trending in 2021? NFT corresponds to the acronym “ non-fungible token”, which we can translate as “non-fungible token” or “non-fungible asset”, or, in other words, the meaning of NFT means that it is an asset that is unique, it cannot be modified and it cannot be exchanged for another of equal value, because there would not be an equal one. And these assets are also digital, that is, they have no correlation in the physical world (although sometimes they may).
By BlockchainX5 years ago in 01
Best Crypto Wallet: Toast Wallet and BitGo Wallet
Crypto wallets, as the name implies, allow you to store crypto assets and tokens. A wallet might be a standalone device or a piece of software that runs on your phone. They use blockchain technology to store your crypto assets safely and securely, as well as to make sending and receiving cryptocurrencies easier.
By Elena5 years ago in 01
Top 3 Indian Celebrities Who Paved The Way For NFT
The power of NFTs has finally arrived in India. The non-fungible tokens have made the headlines of the Indian news with the help of the Bollywood film industry giants like Amitabh Bachchan. It is no surprise that big names like Amitabh Bachchan are being spoken in the same line as NFTs. The NFTs is the buzzword in the digital spectrum. So far, the entire digital world has experienced more than $2.5 billion worth of NFTs being sold in a very short period of time. Before we could get deep into the topic of NFTs and celebrities who are taking initiatives in this platform, we shall have a quick go-through about the concept of NFTs.
By zinamaier5 years ago in 01
Crypto Wallet: Bitgo and Keepkey
Many people believe that cryptocurrency wallets store cryptocurrency, however, this is not the case. Cryptocurrencies are kept on the blockchain, which is a decentralized global database. Like the GPS coordinates of a mailbox, every cryptocurrency wallet has a unique address on the blockchain where it can be found. Similar to the key that opens the bottom of the mailbox, crypto wallets hold the private key required to unlock this blockchain address.
By Elena5 years ago in 01
What Is Binance Coin?
Binance Coin (BNB) is the cryptocoin that Binance, the trading platform, issues. At the time of writing, Binance Coin was the fourth largest cryptocurrency by market cap falling short only to Bitcoin, Ethereum, and Cardano.
By Jessica Bugg5 years ago in 01
The Gradual Rise in Crypto
The expanded significance of digital money impossible to miss to the new quite a long while added to critical consideration given to the examination of this possibly gainful method for installment.
By Sentinel5 years ago in 01
Can Digital Currency Replace Paper Money?
CBDC uses digital tokens to serve as a tangible currency in a particular region or country. It brings security and security to digital currencies and at the same time organizes the distribution of funds outside of the traditional banking system.
By Bhawana Niraula5 years ago in 01
How is Bitcoin different from Ripple?
How is Bitcoin different from Ripple? "How is Bitcoin different from Ripple?": Behind this question there is a long controversy, specifically since many question whether XRP should be compared to BTC, since they seem to be two poles apart.
By BlockchainX5 years ago in 01
Future of ethereum
Ethereum is the best cryptocurrency after bitcoin. Its demand and volumes in the market are testimonies to prove it. The market cap of ethereum lingers at around $367.49B. It is the second most after bitcoin. A not long time ago, ethereum found its maiden footstep in July 2015. Since then, it has grown like the sky, putting no limits to its ends and expanding at its own pace. Vitalik Buterin and Joe Lubin were the founders of cryptocurrency.
By keith cooper5 years ago in 01
WannaCry: The Cryptoworm That Lives Up to Its Name.
Imagine you wake up one morning and see your computer will not work and has a popup demanding you send over money in cryptocurrency in order for your device to return to normal. Although one might think paying will fix the problem, in reality, most times will end up with you losing money and still having your device locked. Doesn't sound like much fin does it?
By Sam Bridge5 years ago in 01
The Future of Cryptocurrency in 2021
In the last six months, the crypto economy experienced significant milestones, fueling the record surge of the digital asset; and the industry is expected to preserve momentum even after rallies come to an end. Although we only just entered the second quarter of the year, we have seen a number of noteworthy developments in the field of cryptocurrencies, some of which are highlighted below.
By Avi Khisa5 years ago in 01
What is Litecoin (LTC)?
What is Litecoin (LTC)? Litecoin was founded in 2011, 3 years after the creation of Bitcoin in 2008 . It was developed by Charlie Lee as a blockchain fork of the world's first cryptocurrency, but with radical differences. Furthermore, Litecoin is considered the oldest active fork of Bitcoin.
By BlockchainX5 years ago in 01