Blog

Jul 01, 2020 0
Exchanging Cryptocurrencies Anonymously. Pros and Cons

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 19, 2020 0
How Cryptocurrencies Can Help Universal Basic Income to Become Reality?

Cryptocurrencies are changing the landscape of financial opportunities. Some of the good ideas had quite poor embodiment but they can flourish now with the help of cryptocurrencies. One of the best-known examples is international transactions that became much cheaper and faster with blockchain-based...

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Jun 15, 2020 0
Choosing the Best Crypto Wallet

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 10, 2020 1
Transactions Without Fees: Is This Real?

There are obvious obstacles that delay the mass adoption of cryptocurrencies and blockchain-based platforms in general, namely price volatility (in the case of cryptocurrencies), and poor scalability (low capacity of the networks also known as the bottleneck problem). Nevertheless, scalability is set...

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Jun 01, 2020 0
Why Does The Speed In 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 18, 2020 0
Blockchain and the Future of Urbanism

Have you ever heard of "smart cities"? That's what blockchain technology applied in the urbanism sphere is going to give us. The light bulbs won't waste energy when no one is around. The drivers won't waste time on the search for a vacant parking space, as the system will provide available options to...

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May 11, 2020 0
Blockchain For Health: Reviewing Blockchain Use Cases in Healthcare

As the current pandemic reveals, hospitals are not prepared properly for emergencies. It seems that the national healthcare systems are not prepared for any extraordinary situations. Wall Street Journal has pointed at the way blockchain platforms could improve the situation so the hospitals would receive...

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May 09, 2020 0
Cybercriminals Take Advantage of COVID Pandemic

In the days when millions of people have to communicate with colleagues, friends, and family members distantly via video conferences apps, cybercriminals are looking for new opportunities. Some people in need of socialization found their devices blocked by the villains demanding to pay a ransom in BTC....

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May 07, 2020 0
Why Do We Need Blockchain? Ticketmaster Refund Policy Scandal Review

Today we will speak of downsides of centralized human-ran services in the context of recent Ticketmaster scandalous refund policy changes. What Happened? Why Do We Need Blockchain Solutions? Existing Blockchain Ticket Sellers Conclusion What Happened? As public events could be dangerous due...

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May 05, 2020 0
Cryptocurrencies vs Coronavirus - Who Is Winning?

As we have written earlier, cryptocurrencies seem to grow stronger in the wake of the financial crisis. Now that the market is strong it uses this strength to help people. Bitcoin was created as a remedy for the ill post-crisis economy. These days the diverse cryptocurrency market is already providing...

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May 03, 2020 0
CoronaCoin: Price is human lives

The developers created the most creepy cryptocurrency in the world - CoronaCoin, and its price directly depends on human lives. The faster the coronavirus spreads and the more people get sick and die from the disease, the faster the cost of the token takes off. However, the goal of creating crypto is...

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Apr 27, 2020 1
Stablecoins:  A World-Wide Battleground

Back in 2017, stable cryptocurrencies (stablecoins) seemed exotic against the background of volatile cryptocurrencies such as Bitcoin, then in 2019 they were at the center of world political events: the defeat of the Libra project by the US government, the international condemnation of non-government...

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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
Tether transferred 300 million USDT to Ethereum blockchain

The largest by capitalization altcoin came out on top in stablecoin reserves, ahead of the Omni system on which it was originally based. Tether transferred 300 million USDT tokens from Omni to the Ethereum blockchain. Token migration was carried out with the participation of an unnamed third party....

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Apr 21, 2020 0
From rages to riches: Will Bitcoin destroy banks in 10 years?

Davy Rudt, one of the specialists of the Efficient Group, said that cryptocurrency will soon displace traditional currency from circulatiofin and destroy banks. Is it truly so? In fact, such a scenario has a right to exist. Changes in the financial system are inevitable, and all because of the mismatch...

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Apr 21, 2020 0
Politics and manipulation:  How Ethereum Futures Will Affect Altcoin?

American financial regulators announced their readiness to approve a new cryptocurrency derivative. Will Ethereum reach its historical maximum or the price will dramatically drop? Let’s take a look now.   Ethereum Futures Heath Tarbert, Chairman of the US Commodity Futures Trading Commission (CFTC),...

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Apr 21, 2020 0
What is Ethereum?

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
Proof of Work Explained

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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