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Lower Risk Than Traditional Currencies

Another prominent advantage of Cryptocurrency is its risk is lower than traditional currencies. In this era, most people rarely have their cash in their possession now. Instead, they have an array of credit cards, debit cards and other payment cards available as their nations' method of payment. Nothing's wrong with that, except

The Ethereum Blockchain

Created by Vitalik Buterin, it has scored itself the second spot in the hierarchy of cryptocurrencies. This digital currency launched in 2015 is predicted to surpass Bitcoin and may be the cryptocurrency of the future. Ethereum is currently worth $279 since its launch. Is Ethereum similar to Bitcoin? It is in a way,

What Is Cryptocurrency?

Cryptocurrency is e of the most frequently asked questions out there. What is cryptocurrency? To make it simple, cryptocurrency is a digital version of money where the transactions are done online. According to Wikipedia, a cryptocurrency is a digital asset designed to work as a medium of exchange that uses cryptography

Why Buy Cryptocurrency

Like most things tech, the realm of cryptocurrency can be a bit complex to master and is still new to many. But the advantage of purchasing this currency is surely worth your investment in both time and money. Experts have also predicted that it may be the next big thing

No Third-Party Involvement

The first advantage of Cryptocurrency is its well-known "No Third-Party Involvement. There's always a pattern when using traditional money to buy yourself a new property, setting up your own business, or buying a new car. One way or another, the process requires a third-party involvement. We are talking lawyers, owners and some

What Can Cryptocurrency Be Used For?

Cryptocurrencies can be spent for different purposes and the best part is, all transactions are completed online! There are 3 different transactions that can be performed when using cryptocurrency: 1. Bitcoin Trading Bitcoin trading can be very profitable for both professionals and beginners. The market is new, where arbitrage and margin trading is

The Types of Cryptocurrency

There are over 800 cryptocurrencies, but we will only discuss the top 5 prominent currencies in the market. The 5 cryptocurrencies are Bitcoin, Ethereum, Litecoin, Monero and Ripple. For this report, we are going to cover only two of the Cryptocurrency - Bitcoin and Ethereum. This is the first ever cryptocurrency invented

Other Cryptocurrencies

Imitation is the sincerest form of flattery. Since the success of bitcoin, other cryptocurrencies have emerged. In 2014, these were the big contenders in the cryptocurrency world - PeerCoin aka PPCoin, Litecoin, Freicoin, and Dogecoin. At the end of 2017, these are the top five contenders, according to one source. 1. Litecoin

The Cryptographic Protocol

A protocol is a set of rules. It describes the proper protocol for certain actions and behaviors. David Johnston, the Governor General of Canada, broke protocol when he touched Queen Elizabeth II on the steps of Canada House on Trafalgar Square in London. The Queen was 91 years old at

Fiat Money Explained

Fiat money is money that a government declares is legal tender. Fiat refers to the government order. It's from the Latin, like so many of our legal words, and it means "let it be done." The government looks at the notion that paper bills can be legal tender, and says, "let

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