Blog

Jul 01, 2020 0
Why We Need Anonymous Exchanges - Pros And Cons In 2020

There are many reasons why people might wish to stay anonymous while making online payments. Some people want to conceal the purchases that conflict laws or the community norms while others simply don't want to waste time and energy on making copies of all the documents required for KYC procedures that...

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Jun 15, 2020 0
Choosing the Best Crypto Wallet - All You Need To Know

Cryptocurrencies can be a store of value, a cross-border payment means, a trading instrument, and so on, and so forth. But a poor choice of wallet can easily ruin the entire journey. Despite the international hype, cryptocurrencies are still at the early stage of adoption. Unlike national currencies,...

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Jun 01, 2020 0
Why Does The Speed In Blockchain Transactions Matter?

Have you ever asked yourself why blockchain is still not a regular part of our lives? Big companies are investing money in blockchain research, they implement blockchain solutions, smart and successful people talk about DLT (distributed ledger technologies) as something revolutionary, we hear that the...

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May 05, 2020 0
30% of Respondents Think Cryptocurrencies Are Made For Buying Illegal Goods

Visual Objects website has conducted an interesting survey dedicated to the perception of cryptocurrencies by people who don't own any. 983 people who know what cryptocurrencies are were asked what do they think crypto owners spend their digital money for. To make their research more insightful, Visual...

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Apr 25, 2020 0
Cryptocurrency evolution: The path to stablecoins

Cryptocurrency rates are constantly growing and falling, changing dramatically, sometimes even during one day. Lack of reliability and trust are the main reasons that digital assets are not yet widespread. Stablecoins were designed to change this. History of stable cryptocurrencies Cryptocurrencies...

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Apr 24, 2020 0
Staking: Pros and Cons of Proof of Stake (PoS) as a Passive Income Tool

All cryptocurrency assets can be divided into 2 types based on their operating principle: Proof of Work (PoW) and Proof of Stake (PoS). The concept of Proof of Stake (PoS) involves a type of mining, where instead of the computing power of the participants, you just need to store crypto assets in your...

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Apr 22, 2020 0
Non-Fungible Tokens (NFT): A Brand New Class of Digital Assets

Any currency, whether fiat or crypto, can be considered as a means of exchange, transfer or preservation of capital only if it is fungible. The fungibility of cryptocurrencies can be a key factor in their adoption at the global level. However, a new kind of Non-Fungible Tokens (NFT) has recently appeared,...

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Apr 22, 2020 0
What is Virgin Bitcoin and why is it more expensive?

With the introduction of new rules for regulating cryptocurrencies, the so-called “Virgin Bitcoins” are growing in price. Many institutional investors and other funds are willing to pay 20% more than the market price for them. What is the reason for such an overpayment? According to the new rules developed...

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Apr 22, 2020 0
14 Answers To The Question: How to get your first Bitcoin?

Against the backdrop of the growing popularity of cryptocurrencies and Bitcoin, in particular, we offer you to get acquainted with the ways to earn the first cryptocurrency! However, let's start with some basics on what Bitcoin is and what is the essence of its technology. Where was it started? “Bitcoin...

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Apr 21, 2020 0
What is Ethereum? Full User Guide 2020

Ethereum (ETH) - it is a platform for creating decentralized applications (smart contracts or smart contracts) on the blockchain. It has diverse applications in many areas, but among the main ones, it is used as a cryptocurrency, writing smart contracts and conducting ICOs. The Ethereum (ETH or Ether)...

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Apr 20, 2020 0
Bitcoin's Mission - The Role of the Crisis of 2008

It's too early to say that Bitcoin is something that everyone understands clearly. Mass adoption of Bitcoin is also yet to happen. Nevertheless, there is no mistake in saying that Bitcoin became a bright international sensation that provoked many people (big businessmen and developers among them) to...

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Apr 20, 2020 0
Proof of Work Explained: Pros and Cons of PoW

Consensus algorithms are an inherent part of all blockchain-based technologies as there is no authority unit supposed to validate the network's transactions. Consensus algorithms are here to provide the decentralized trouble proof functioning of the network. We can't underestimate the significance of...

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Apr 20, 2020 0
What Is Decentralization - Advantages of Decentralized Systems

Cryptocurrencies have come into our world accompanied by several pivotal notions and decentralization is one of them. This term is not new. What is better for us, decentralization or centralization? For centuries this political discussion has been a hot topic. This question is associated with the core...

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Apr 20, 2020 1
Pros and Cons of Decentralized Exchanges: Why DEXs Are Barely Used?

So many people speak of how good decentralized exchanges are, and so few actually use them. By some accounts, as of January of 2019, the trade volume of decentralized exchanges reached only 0.25% of the combined trading volume of all crypto exchanges. At the same time, if you are no stranger to Reddit...

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