Get the latest news on all things crypto! From Bitcoin to Ethereum, we’ve got the news you can’t miss.
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Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.
Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.
If you’re into cryptocurrency, then you can’t miss the news on Ethereum. This popular coin has been making headlines lately, and for good reason. Here’s what you need to know about Ethereum.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.
It is also a cryptocurrency, and the second largest after Bitcoin in terms of market capitalization. The native currency is called Ether, and it is used to pay for transaction fees and services on the Ethereum network.
Developers can use Ethereum to create all sorts of decentralized applications, from financial services to crowdfunding platforms to identity management systems.
Ethereum has been in the news recently because of the high price of Ether, which has been fueled by the Initial Coin Offerings (ICOs) of new projects built on Ethereum. These ICOs have raised billions of dollars, and created a lot of excitement (and speculation) about the future of Ethereum.
If you are new to the world of cryptocurrency, you may have heard of Litecoin. Here is everything you need to know about this popular altcoin.
Litecoin is a decentralized digital currency, with all transactions recorded on the public blockchain. It is an open source project, not controlled by any central authority. Litecoin was created in October 2011 byCharlie Lee, a former Google employee.
Litecoin is often referred to as “the silver to Bitcoin’s gold.” This is because Litecoin has many of the same features as Bitcoin but with faster transaction times and lower fees. Both Bitcoin and Litecoin are mined using proof-of-work algorithms. However, Litecoin’s algorithm is different from Bitcoin’s, which allows for faster transaction times.
One of the benefits of Litecoin is that it has wider availability than Bitcoin. While Bitcoin is mostly traded on specialized exchanges, Litecoin can be bought and sold on a number of mainstream exchanges such as Coinbase and Kraken.
If you are thinking of investing in cryptocurrency, Litecoin may be a good option for you.
Bitcoin Cash (BCH) is a cryptocurrency that was created as a fork of Bitcoin in August 2017. Since then, it has become one of the largest and most popular cryptocurrencies with a market capitalization of over $5 billion as of June 2018.
Bitcoin Cash is different from Bitcoin in that it has a larger block size limit of 8 MB, which allows for faster transaction times and lower fees. It also uses a different proof-of-work algorithm, which makes it incompatible with Bitcoin mining software.
If you’re interested in buying or mining Bitcoin Cash, make sure to check out our guides on how to do so.
Ripple is a real-time gross settlement system, currency exchange and remittance network built upon a distributed open source protocol, created by Ripple Labs Inc., a US-based technology company. Released in 2012, Ripple is based on a shared public database that uses a consensus process to allow for payments, exchanges and remittance in fiat currencies, cryptocurrencies, commodities and even frequent flier miles or mobile minutes.
Ripple supports tokens representing fiat currencies, cryptocurrencies, commodities or other units of value such as frequent flier miles or mobile minutes. As of September 2019,ripple was the second-largest cryptocurrency by market capitalization after Bitcoin.
Ripple coin news can’t be missed if you’re interested in this popular cryptocurrency.
Stellar is a decentralized protocol that enables you to send, receive, and trade digital assets. The Stellar network is an open source, distributed, and community owned network used by millions of individuals, organizations, and developers worldwide. The protocol is supported by a non-profit organization, the Stellar Development Foundation.
NEO is a blockchain platform and cryptocurrency which enables the development of digital assets and smart contracts. NEO was founded in 2014 and open-sourced on GitHub in June 2015. Its mainnet was launched in October 2016, making it one of the first blockchain platforms to be truly decentralized. NEO also supports digital identity, which allows for more secure and convenient online interactions. The native currency of the NEO platform is called NEO (sym. NEO), and can be used to gas transactions on the network.
EOS is a blockchain protocol for digital asset and application development. It’s built to enable horizontal and vertical scaling of decentralized applications and was founded by block.one, a company that has raised over $4 billion in funding through its token sale.
The EOS protocol enables the deployment of smart contracts and decentralized applications (DAPPs) on its platform. Smart contracts on EOS can be written in multiple programming languages, making it accessible to a wider range of developers.
EOS also features a delegated proof-of-stake (DPoS) consensus model that is designed to improve scalability and performance as compared to other consensus models such as proof-of-work (PoW).
The EOS mainnet launched in June 2018 and has since processed over 1 billion transactions with over 3,000 DAPPs deployed on its platform.
Cardano is a cryptocurrency that is focused on providing a more secure and scalable platform for blockchain applications. It is also one of the few cryptocurrencies that is backed by a major corporation, in this case Input Output Global (IOG). IOG is a company that specializes in blockchain research and development, so it has the experience and resources to make Cardano a success.
Cardano started out as an experiment by IOG to see if it was possible to create a more secure and scalable blockchain than Ethereum. Ethereum had become bogged down by scalability issues, so IOG wanted to see if they could create a better platform. The answer appears to be yes, as Cardano can handle far more transactions than Ethereum.
One of the key features of Cardano is its use of a proof-of-stake algorithm called Ouroboros. This algorithm makes Cardano much more energy efficient than other cryptocurrencies, as it doesn’t require miners to use large amounts of energy to power their computers. This makes Cardano more environmentally friendly and sustainable in the long term.
Cardano is still in its early stages, but it has already shown promise as a scalable and secure blockchain platform. With the backing of IOG, Cardano has the potential to become one of the leading cryptocurrencies in the years to come.
IOTA is a unique crypto coin because it doesn’t use a blockchain like most other coins. Instead, it uses a system called the Tangle. The Tangle is a directed acyclic graph (DAG). This means that it doesn’t have blocks or miners like a blockchain does. This makes IOTA much more scalable than other coins. IOTA also has no transaction fees.
IOTA is still in development and is not yet ready for mass adoption. However, it has a lot of potential and is worth keeping an eye on.