Monero is a blockchain project that solely focuses on privacy and anonymity. To enhance anonymity, the Monero network uses cryptography to shield sending and receiving addresses, as well as transaction amounts. In terms of privacy, Monero uses the ring signature concept and stealth addresses. Ring signatures enable cryptocurrency senders to shield their identity from other participants in a group. To set up a ring signature, the Monero network combines the sender’s account keys and clubs it with public keys on the blockchain. Furthermore, Monero allows mining which is powered by a concept that states that all people are identical and...
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How to Mine Litecoin in 2019
Litecoin is one of the leading cryptocurrencies. Technically, Litecoin has some similarities to Bitcoin. By press time, Litecoin as trading at $70.03 with a market capitalization of $4,425,385,508 and ranked in the fifth position. You can own Litecoin through buying it on an exchange or mining. Litecoin mining is the process by which Litecoin blockchain is maintained. Mining is a process of authenticating and validation of Litecoin transactions moving from one wallet to the second. The entire process entails solving algorithms and being the first to reach a solution is rewarded with Litecoin as payment. On the Litecoin blockchain, a...
Bitcoin Slot Games – The future of online gambling?
Since the internet appeared, gambling games evolved massively. We now have online casinos with slots, blackjack, roulette and many other games. But a major problem that there is in the gambling industry is that the results cannot be tested. You just take each casino for granted or for the image that the casino has. You can’t verify how fair are the games to a normal online casino. The casino can set a lower rate on the games and you couldn’t know. But all this changed a bit after Bitcoin appeared. At first, Bitcoin operates as an ideal casino chip. It...
Best Places to Buy IOTA in 2019
IOTA is a blockchain project meant to record and execute transactions between machines and devices under the Internet of Things system. The role of IOTA in the blockchain is to handle transaction fees and issues of scalability through eliminating block and chain. The IOTA network does not need miners since the verification mode does not rely on a centralized blockchain. IOTA invented the Tangle, a system of nodes deployed on verifying transactions. According to IOTA founders, the network will eliminate most of the challenges experienced by cryptocurrencies. The IOTA network uses the MIOTA as the native cryptocurrency to power transactions...
How Cryptocurrency Has Shaken Up Esports Betting
The esports sector has enjoyed a remarkable rise to prominence over the past decade and it has turned many professional gamers into millionaire superstars. Media rights deals are soaring, commercial sponsorships are on the rise, prize money is spiralling and the entire industry is an economic juggernaut. People pack into stadiums to watch teams of gamers battle it out with their keyboards and controllers, while many more people around the world stream the action. The 2018 League of Legends World Championship Grand Final had 205 million viewers, usurping the Super Bowl in the popularity stakes. These esports aficionados love to place...
Shorting Bitcoin – 5 ways you can short bitcoin
Shorting bitcoin is an investment strategy that allows traders to gain from price drops. This concept works well for investors who are skeptical about Bitcoin’s future. When shorting, an investor borrows Bitcoin and sells it at the current market price. Later, you buy it back. This is done with the hope that by the time you are repurchasing the Bitcoin, the value will have plunged. And this means that if the value decreases it, you could purchase it back at a lower value and now have more of it. One factor you have to take into consideration is leverage. Leverage...
Crypto Wallets Can Be a Perfect Solution to Secure Your Property During the Financial Crisis
When the financial crisis hits, is filling the crypto wallets safer than hoarding the gold, papers, or cans? Hopefully, recognizing the cause of the crisis will point to the safe ground. Nowadays, the US and China trade war can trigger the crisis due to its enormous impact on worldwide production costs. Furthermore, Coca Cola raising the price of its cans due to the tariffs on aluminum is a sign that shoppers will be the collateral of this crisis. Unlike before, many factors contribute, such as Brexit and the rise of the world population. Not to mention that the digital age and...
Brave vs Chrome – Which one’s better and faster?
Brave vs Chrome – A small introduction When Brave browser joined the market, many viewed it as a significant threat to Google Chrome. The browser is safe, fast, secure and crypto friendly – which Chrome isn’t so much. According to developers, Brave is trying to fix the internet.They introduceed a system that block ads and ad trackers by default, eliminating the need of ad block extensions. These capabilities make Brave a candidate for mass adoption. Due to the unusual model by Brave, many viewed the browser as the next Chrome. Chrome is feature packed with fun extensions. The browser keeps...
Brave vs Mozilla Firefox – Who would win between Brave vs Firefox?
The Brave browser has been projected to take over the browser war due to unique features compared to peers like Mozilla. Brave offers several advantages like the built-in ad tracker and blocker. Brave is causing a buzz due to its lightning speeds and the ability to pay content creators through the Basic Action Token. So, Brave vs firefox would be a tough one to decide. Just like Brave, Mozilla Firefox is a free and open source browser. Mozilla’s design works on simplicity and speed. By December 2018, Mozilla Firefox was enjoying a market share of 5.1% trailing Google Chrome and...
Who could be the biggest Libra user in the future?
Facebook’s Libra project has gone through more than enough government and community criticism, but it still seems to be on its way to be launched sometime in the future. Sure there have been some rumors that several Libra Association members want to leave the project, but no matter how many will try to leave the project, new players will join it regardless of the overall outlook. In the wake of so much criticism and uncertainty, multiple crypto enthusiasts tend to ask the question, “Who would actually risk using the Libra cryptocurrency?”. It’s an understandable concern considering how Facebook has...
