Before joining the market in 2018, Tezos attracted a lot of hype around it. Tezos is a decentralized blockchain project that governs itself by establishing a true digital commonwealth and facilitates formal verification. The Tezos website states this is a technique that mathematically proves the correctness of the code governing transactions and boosts the security of the most sensitive smart contracts. The native cryptocurrency of Tezos is Tez or a Tezzie (XTZ). It is worth noting that the Tezos blockchain does not support mining. However, the platform enables token holders to receive a reward for taking part in the proof-of-stake...
Latest Cryptocurrency News & Guides
Best EOS Wallets – Which EOS Wallet is the Best?
EOS is a blockchain project that powers the development, hosting, and execution of commercial-scale decentralized applications on its network. EOS has its own EOS blockchain, similar to the Ethereum blockchain. The main role of the EOS network is powering up its blockchain and help millions of users create smart contracts or send and receive EOS. But one of the most important things that you need is a reliable EOS wallet. This capability is achieved through the creation of an operating system upon which applications can be set up. Since joining the market, we have no official full form for EOS....
How a crypto-friendly regulation can affect a country’s development via the blockchain
There are dozens of examples where a specific country’s economy was boosted because of the government’s decision to welcome cryptocurrencies with open arms. But there are very few examples of a country like the Republic of Georgia, where companies and individuals can mine cryptocurrencies like there’s no tomorrow, not having to pay taxes as well as having low costs when it comes to electricity and labor. It’s safe to say that the blockchain took off in the Republic of Georgia because of Bitfury’s activities within the country. At some point, the company was mining as much as 15% of all...
Airdrops – what are they good for?
With an even slightest interest in the cryptocurrencies and blockchain, it was impossible not to hear for the cryptocurrency airdrops. For those who were not paying attention in the past couple of years, airdrops are free crypto tokens and coins. But, there is no free lunch. Users are asked to do various tasks to get free tokens and coins. Those tasks usually include following the blockchain project on social media, and airdrop can be collected in a couple of minutes. There are also a few complicated tasks that may include repetitive posting on various social media and content creation. These...
Paying with Cryptocurrencies
The introduction of blockchain technology took the industry by the storm. Various areas and businesses began to think about how to utilize its promising potential, especially the finance and banking systems set to gain the most on the emerging concept. The most emblematic outcome of the new order was the creation of cryptocurrencies and establishing the means to use them as payment. Naturally, at the humble beginnings of virtual money transactions, there were limited opportunities. One of the pioneers of the new solution, and blockchain technology in general, was gaming and betting websites. With the first adventurous companies and...
Could video games turn into a liquidity source for cryptocurrencies?
One of the biggest disadvantages of cryptocurrencies is its liquidity. It’s quite hard to cash out all of your profits if you’re above the cap of a specific cryptocurrency exchange. On Binance for example, you’re forced to withdraw only 2 BTC at a time, and there are dozens of investors with hundreds of Bitcoins sitting on exchanges waiting to be withdrawn. The issue that arises here is that the exchange can get hacked at any moment and all of those Bitcoins can simply disappear. Most crypto exchanges have a refund policy were something like this to happen, but it’s never...
Best Places to Buy Ripple (XRP)
Ripple is a blockchain platform that is open source designed to power cheap and faster transactions across borders. The Ripple network is viewed to be a significant financial player in the banking sector. Ripple has its own currency dubbed XRP. Ripple also allows the user to use the platform to create their own systems via the RippleNet system. RippleNet is a network of institutional payment-providers such as banks and money services businesses that use methods developed by Ripple to provide smooth money transactions. On the other hand, XRP token is used for representing the transfer of value in the Ripple...
Best Places to Buy Binance Coin
Binance Coin is a digital asset issued by cryptocurrency exchange Binance. The exchange is among the leading trading platforms in the cryptocurrency world. BNB is an Ethereum based asset with some similarities to Ether. Binance Coin fuels operations on Binance exchange. The asset is used to pay the fees levied by Binance exchange. These fees include trading fees, exchange fees, and listing fees. BNB operates like other standard cryptocurrencies where it can be traded on compatible trading exchanges. Binance Coin comes with several benefits like order matching, which can create a headache for crypto exchanges. With many trade requests, orders...
Best Places To Buy Litecoin in 2019
Litecoin is a cryptocurrency in focus. The fifth-ranked cryptocurrency has been on a bullish run since the start of 2019. By the time of writing this article, Litecoin was trading at $135.60 with a market capitalization of $8,458,349,031. The rising value of Litecoin can be tied to the upcoming August halving. In most cases, digital assets usually perform better towards the halving event. In the forthcoming halving event, Litecoin’s miner rewards will decrease by half from 25LTC to 12.5LTC. Litecoin’s halving usually occurs every four years after 840,000 LTC blocks. This means that we have pressure on the price due...
Coinbase Vs Bitpanda – Which Is Better To Buy Bitcoin And Other Cryptocurrencies In 2019?
Coinbase is an American based cryptocurrency brokerages platform with a good reputation. The platform is available in several other countries. Coinbase is known to stick to regulations laid down by the US authorities making it a trusted exchange. Since its inception, the platform has not suffered any security breaches. Elsewhere, Bitpanda is a cryptocurrency broker that specializes in buying and selling Bitcoins within the European market. The firm has been in existence since 2014 and has since grown. Coinbase and Bitpanda are seen as competitors in the cryptocurrency space. So, how do these two exchanges fair against each other? Payment...