Altcoins

BitcoinSV (BSV) is a cryptocurrency that was forked due to a civil war that broke out among some pioneering members of the Bitcoin Cash community. Though the fork was announced earlier in August 2018, it took place on November 15 2018, bringing Bitcoin SV (Satoshi Vision) and Bitcoin ABC (Adjustable Block-size Cap). The team behind Bitcoin SV envisions fulfilling the dream of Satoshi Nakamoto by creating a cryptocurrency that can be used as a peer-to-peer payment method while ruling out any…

There has been a constant breakthrough in the news about organizations and individuals being scammed or robbed of their digital currency holdings. Digital Currency, in general, is a developing and scam-intensive area. People are still trying to find their way across all the complexity. Thus, in light of these events, we consider it our duty to help our readers figure out their Crypto Adventure. What is Scamming? Scamming is the elaborate process of taking advantage of uninformed individuals or organizations…

New technologies become successful when it finds a perfect balance between traditional systems' values and the advantages of new technology. Blockchain has mastered this art, and people are gradually accepting the changes this developing technology brings. One of the changes is accountability in the financial system, which contributed to the creation of tokens. Tokens are digital assets, also known as value contracts. A token standard is stored in a smart contract to help manage balances in the wallet. Today, we…

The word scam is often applied to dubious startups and Initial Coin Offerings (ICOs)/Initial Exchange Offering (IEOs) within the cryptocurrency community. When the project lacks practical usefulness and the business idea behind it is suspicious, such projects are often referred to as scams. Compared with other ways of stealing money, the main feature of a Bitcoin scam is that it usually takes advantage of people's trust and negligence. Currently, the cryptocurrency market is not regulated enough to protect people from…

Learning to invest in cryptocurrencies may seem like a daunting venture for beginners. This is because one must quickly grasp many terms and definitions to succeed. What is Bitcoin, and what is blockchain technology? What are tokens, wallets, and ICOs? Can you get rich overnight? Do you pay taxes for digital assets? And, how does "Proof of Work"…work? Like any financial enterprise, the crypto industry has success stories and horror tales of bankruptcy-inducing scams. Some people enter the market with…

Blockchain technology is evolving rapidly and changing financial assets and economic models. Therefore, its support for cryptocurrency development can no longer be ignored. Instead, it may soon revamp how we view money and its ever-changing nature. Tokenization is one of the main changes that blockchain has brought so far. This process converts real, palpable goods into digital tokens, enabling easy transfer and virtual manipulation. Gold is just one of the latest tangible assets to go through tokenization. Gold-backed cryptocurrencies capture…

Highlights: Cryptocurrencies are a new technology that decentralizes the transfer medium, i.e., currency. Cryptocurrency is different from Blockchain. A Blockchain is a protocol, one of the applications of which is a cryptocurrency. Blockchain is a decentralized network of nodes with various daily applications. Cryptocurrencies use decentralized control instead of centralized digital currency and central banking systems. One can buy and sell cryptocurrencies in a cryptocurrency exchange. Introduction Satoshi Nakamoto, a pseudonym on the internet, borrowed from several ideas. He/she/they posted a…

With an increasing number of cryptocurrency amateurs coming into the market every day, it is evident that there is a growing rise in demand for resources that guide them along their journey. Various information-providing sites are available online to help you with that information. They are needed to get an expanded picture of the whole sector and make informed decisions based on their findings. Readers are encouraged to use the resources available and allow themselves to understand and comprehend the…

In a decentralized world, price fluctuation is something that crypto enthusiasts have become accustomed to, especially the emotional roller coaster of substantial price swings. The crypto market can be described as pirates at sea, where the bigger ships try to conquer the smaller vessels to amass wealth and treasures. Crypto enthusiasts found a way to curb all these highly volatile crypto markets by introducing stable cryptocurrencies, which serve as a reliable hedge during market fluctuations. Three basic kinds of asset-backed…