The blockchain technology is undoubtedly one of the most talked about technologies in the world today. While most people consider it as one of the most important inventions, few experts have debated about the security of blockchain. Theoretically, blockchain is virtually impossible to tamper with. It comes with multiple layers of military grade encryption. Thus, it is completely protected from any third-party interference. But how secure is blockchain in reality? There is a big difference between theoretical assumptions and reality. So, it is time for us to find out the actual reality behind blockchain. Blockchain was invented for secure storage…
Author: Abdul Vasi
With the passage of time, the ICOs or Initial Coin Offerings have become highly popular as a way to raise funds without being subjected to various restrictions of the fiat financing process. As a matter of fact, the ICOs have managed to raise a behemoth amount of $6.5 billion in 2017 and they have already raised $2 billion in this year as of March 2018. Most of the ICOs depend on Etherum as a stable platform and utilize Etherum’s smart contacts feature. Actually, the shares in the ICO project are generally sold in the form of BTC or ETH and…
A free as well as open-source client-oriented interface, MyEtherWallet lets you directly interact with the Etherum blockchain with the help of a web browser. Launched back in 2015, this online application allows users to generate a web wallet where you will be able to store, send as well as receive Etherum, Etherum Classic and several other ERC20 tokens without any hassle. It is very easy to use and the interface is completely user-friendly. How does this wallet work? Though the wallet on MEW is created online, it is unlike any other online wallets you have seen before. As a matter…
One of the largest currencies in the world today, Bitcoin has offered great prospects to traders as well as investors. With every passing day, people are getting more interested in Bitcoin and they look forward to utilising it to earn some profits. However, people often confuse Bitcoin investing with Bitcoin trading. In reality, trading is much different from investing. Thus, before we go into details about techniques and mistakes of Bitcoin trading; it is better to give you a brief idea about what it actually is. Bitcoin investors are generally the people who believe in the technology and ideology of…
There has been an ongoing debate over whether the cryptocurrencies are subjected to manipulation. While some experts have debunked it as a popular hoax, there are few who strongly suggest it to be true. Though we may never reach the bottom of this heated debate, it is the perfect time to find the truth behind the allegations of market manipulation. Are cryptocurrencies really manipulated? Several experts have suggested over the years that the cryptocurrencies are manipulated strategically by resourceful people. Though they have failed to provide any concrete proof to establish their opinion, it is never wise to completely neglect…
Often regarded as one of the greatest inventions of the 21st century, Bitcoin has witnessed immense success since its inception in 2008. Bitcoin was one of the first cryptocurrencies that actually connected with the people and solidified its position in the market. After almost a decade since it was launched, Bitcoin has become the biggest and most popular cryptocurrency in the market. It has revolutionised the monetary and payment system that we have. Above all, Bitcoin has provided people with a hope of better future where people will have complete control over their money. But what are the reasons behind…
Since the invention of Bitcoin, cryptocurrencies have become one of the most favourable investment options in the world. At present, there are thousands of cryptocurrencies available in the market. And people often wonder whether it is safe to invest in the cryptocurrencies. Though it has become an established fact that cryptocurrencies offer less volatility and better growth on the investment, people still have some scepticism regarding it. Thus, a debate has been continuing for years on whether it is safe to invest in this market. Though it is impossible to stop the debate anytime soon, I can help you find…
Bitcoin has gone through several up and downs since its inception in 2008. Whether it is the repeated attempts by centralised authorities and key people to spread rumours regarding it, ICO bans by several governments or the recent downfall in its price, Bitcoin has witnessed all. However, the recent downfall in the price of the Bitcoin has several people wondering about the favourability of Bitcoin as an investment option. So, is Bitcoin still a favourable investment option? Well, here are few things you must understand to figure out the answer yourself. • Volatility exists in every investment option: Yes, volatility…
Though projected as the alternatives of Bitcoin very often, it is not always true. The Altcoins are unique in their own way and they are rapidly gaining importance in the world of cryptocurrency ruled by Bitcoin. Most of the people believe Altcoins are too volatile to invest. They believe that the infrastructure of Altcoins is poor and these cryptocurrencies are subjected to market manipulation. Well, these are all untrue myths! Altcoins offer great infrastructure and they are mostly better than Bitcoin in some areas like transaction speed, hashing algorithm, security and transaction charges. It is safe to invest in Altcoins.…