Ripple is a blockchain based platform designed as a real-time settlement system, currency exchange and remittance network, called RippleNet. The purpose of the platform is to connect banks and payment providers via RippleNet to enable sending and receiving money securely, instantly, nearly free of charge. Its network allows for fast global cross-border financial transactions of…
Ever since the emergence of the cryptocurrency market, there have been huge concerns related to its usage and it is the potential link to illegal activities. The Cryptocurrency critics have always pointed out the risk of the digital assets becoming a means of criminals doing several kinds of illicit actions. The main but not single…
The cryptocurrency market is new, and yet it is such a dynamic, complicated and intriguing ecosystem. Here is a list of 15 interesting facts about cryptocurrencies for everyone to know. 1. The smallest unit of Bitcoin is the Satoshi. One satoshi equals one-hundred-millionth of a single bitcoin (0.00000001BTC). It is named after the creator of…
Cryptocurrency in broad terms is a digital or virtual asset or simply put – money, as they do not exist in a physical form and are designed to serve as a medium of exchange or store of value. It uses cryptography to secure and confirm transactions, besides to control and manage how many new units…
If you are interested in the cryptocurrency concept and the underlying technology, you can easily find out that a lot is going on, as it is a dynamic ecosystem, and a lot has been said about it. People have been discussing the potential of cryptocurrency ever since Bitcoin was released and the topic is getting…
Continuing with the vibe from our previous post which was about the positive statements of some of the proponents of blockchain and cryptocurrency, it is worth adding that Apple’s co-founder and tech Guru Steve Wozniak is also very optimistic in that department. He has been endorsing Bitcoin and has expressed great praise on blockchain and…
There’s much controversy when it comes to talks of cryptocurrency and blockchain. Some people say cryptocurrency is the future of money, others consider it a speculation, a hype or just “junk”. This article is a summary of some of the bullish and positive opinions expressed by CEOs and founders of different companies regarding digital currencies…
Coinbase, Inc is one of the world’s largest digital currency exchange platforms supporting 32 countries and with a total of US$1 billion revenue for 2017. Ever since it was founded in 2012, it grew to have over 13 million users worldwide and it currently holds more than $20 billion in digital currency. Coinbase offers several…
Feeling more confident in cryptocurrency terminology already? Or are you still a bit intimidated by it? In both cases, it is time for the next part of our cryptocurrency glossary – a comprehensive yet simple guide for the most common terms, expressions and definitions out there related to digital currencies. As already pointed out, we’ve…
If you are new to the cryptocurrency world, then there is a big chance you are not aware of the intricate terminology and slang expressions related to virtual currencies. This is why, for your facilitation, we’ve created a glossary of the terms you should know to be able to decode the cryptocurrency lingo. You can…