How tokens differ from coins

The digital world contains several elements that are often confused with each other. We are talking about coins or cryptocurrencies and tokens. These are different things, although the blockchain is at the core. The main difference is one: The coin is based on its own blockchain. The token is implemented on a foreign distributed [...]

2021-11-22T00:34:59+00:00November 18th, 2021|Categories: Cryptocurrency market|Tags: |0 Comments

Top High-profile Cryptocurrency Fraud Cases

Digital assets aren't just attracting investors. Scammers are interested in cryptocurrency. The thirst for profit pushes criminals to create various schemes. Any method is based on the greed of users, ignorance of basic security requirements, and lack of elementary caution. The most famous cases of cryptocurrency fraud BitConnect BitConnect cryptocurrency exchange [...]

2021-11-22T00:34:43+00:00November 16th, 2021|Categories: Cryptocurrency market|Tags: |0 Comments

TOP 5 strongest Bitcoin impulses and explanations to them

In 2021, the cryptocurrency community watched the price rally of the first cryptocurrency. Bitcoin hit its all-time high 2 times. Its price for the first time in history exceeded $60 thousand. After the first jump, there was a fall when the rate fell to $30 thousand. However, later it rose and in October 2021 [...]

2021-11-04T16:09:37+00:00November 2nd, 2021|Categories: Cryptocurrency market|Tags: |0 Comments

What are nodes

Node - a device connected to the blockchain (computer, virtual server) on which the corresponding software is installed. Maintains the stability of the blockchain. Nodes communicate with each other in peer-to-peer networks. Joint activities of nodes are carried out within the framework of the appropriate protocols - proof of ownership consensus, proof of work, [...]

2021-11-04T16:04:59+00:00October 26th, 2021|Categories: Cryptocurrency market|Tags: |0 Comments

Top 10 biggest exchange hacks

Cryptocurrency exchanges are used for working with digital assets, trading. Many of them offer internal coin storage wallets. Cryptocurrency turnover reaches millions of dollars per day. Attracts scammers, lovers of easy money. Site owners pay serious attention to safety. At the same time, successful hacker attacks periodically occur, which lead to the loss of [...]

2021-11-04T16:09:58+00:00October 20th, 2021|Categories: Cryptocurrency market|Tags: |0 Comments

Who is a validator

Validators are considered the backbone of the blockchain system. The distributed database contains information about all the operations that users perform on the blockchain. Validators are involved in confirming transactions - special verification nodes. The main function of the validator is confirmation of the next block in a distributed database. In other words, the [...]

2021-11-04T16:10:25+00:00October 16th, 2021|Categories: Cryptocurrency market|Tags: |0 Comments

NFT – ways to make money

NFT - non-fungible tokens, differ from conventional cryptocurrencies by the presence of their own number, which allows you to distinguish a digital asset from other similar ones. At the same time, bitcoins or ether are no different from each other. The value of NFTs lies in their scarcity; a non-fungible token cannot be copied [...]

2021-10-08T13:57:11+00:00October 6th, 2021|Categories: Cryptocurrency market|Tags: |0 Comments

Cryptocurrency investment portfolio

The cryptocurrency market is an exciting new area for investors. At the same time, it is important to control your income and avoid losses. The cryptocurrency is characterized by high volatility, it is easy to lose money due to a sharp drop in the rate. It is necessary to use an investment portfolio from [...]

2021-10-05T01:02:45+00:00September 20th, 2021|Categories: Cryptocurrency market|Tags: |0 Comments

Impact of mining on electricity consumption

From time to time in different media, you can stumble upon a statement about cryptocurrencies as a very energy-consuming asset. Allegedly, for their extraction (mining), they require so much electricity that soon the planet and some countries, in particular, will begin to feel acutely short of it to meet the usual needs of the [...]

2021-09-10T12:46:38+00:00September 2nd, 2021|Categories: Cryptocurrency market|Tags: |0 Comments

Bitcoin Mixers

There is an opinion about the anonymity of the blockchain and projects based on it. You can use bitcoins and no one will know about it. Yes, blockchain is a decentralized distributed network, however, transaction data is recorded and stored on the blockchain. It is not difficult to trace a transaction or obtain information [...]

2021-09-10T12:45:22+00:00September 2nd, 2021|Categories: Cryptocurrency market|Tags: |0 Comments