Market Cap: $ 120,311,145,735
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51 blockchain attack mechanism

Let’s give a simple example to illustrate how a 51% attack works (double spend attack): You spend 10 Bitcoin on a luxurious car. The car gets delivered a few days later, and the Bitcoins are transferred from you to the car company. By performing a 51% attack on the Bitcoin blockchain, you can now try to reverse this […]

What Can You Buy Using Cryptocurrency?

Rumours of merchants accepting Bitcoin have been circulating for years. After all, everyone knows at least one-foot soldier who spreads the good word of Satoshi wherever they can find a listening ear. So then, what can you actually buy with cryptocurrency, right here, right now in 2018? If you’re not counting on holding for that […]

How To Keep Your Cryptocurrency Safe: Wallets

A cryptocurrency wallet is a software program that stores private and public keys and interacts with various blockchain to enable users to send and receive digital currency and monitor their balance. If you want to use Bitcoin or any other cryptocurrency, you will need to have a digital wallet. What you need to remember is that all transactions are recorded […]

The differences between cryptocurrency coins and tokens

You can classify every digital currency in existence as one of these types of cryptocurrency. These distinctions determine what exactly you’re investing in, and who can invest in the first place. From coins to tokens, stablecoins to utility and security tokens, here are the main types of cryptocurrency you need to know about. So, what is the difference between […]

What is a smart contract in the Ethereum blockchain?

A smart contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties. These transactions are trackable and irreversible. Proponents of smart contracts claim that many kinds of contractual clauses may be made partially or fully self-executing, self-enforcing, or […]

What does Cryptocurrency Exchange mean?

What does Cryptocurrency Exchange mean? A cryptocurrency exchange is any system that operates on the basis of trading cryptocurrencies with other assets. Like a traditional financial exchange, the cryptocurrency exchange’s core operation is to allow for the buying and selling of these digital assets, as well as others. A cryptocurrency exchange is also known as […]

proof of work vs proof of stake

Bitcoin and Etherium are the two most famous cryptocurrencies and the hottest examples of blockchain technology in use. Both use the ‘proof of work’ (POW) consensus algorithm. Information currently available indicates that Bitcoin will continue to use POW, however, the Ethereum project team is working on their planned transition to the ‘proof of stake’ (PoS) algorithm. […]

distrubuted ledger technology

What is a distributed ledger technology?  (also called a shared ledger, or Distributed Ledger Technology, DLT) Ledgers, the foundation of accounting, are as ancient as writing and money. These early digital ledgers mimicked the cataloguing and accounting of the paper-based world, and it could be said that digitization has been applied more to the logistics of paper documents […]

Basic Attention Token (BAT)

With an ever-increasing struggle for internet users’ attention, more groups are considering innovative ways of using marketing for the benefit of the consumer. Simply put, BAT (Basic Attention Token) hopes to position itself as the token of the world of digital advertising. How does BAT work and what problems does it try to solve? BAT […]

What is Cryptography?

Cryptography is a method of protecting information and communications through the use of codes so that only those for whom the information is intended can read and process it. The pre-fix “crypt” means “hidden” or “vault” and the suffix “graphy” stands for “writing.” Information security uses cryptography on several levels. The information cannot be read […]

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