Cryptocurrency is the money of the future and right now there are more than a thousand cryptocurrencies to exist. Many of them have their equivalent in US Dollars. E.g. 1 Bitcoin at the time of writing is worth $ 10.000 and one Ethereum $ 200. The price of these cryptocurrencies is formed based on supply …
We are pleased to inform you that our team has completed and released a new wallet for Ethereum cryptocurrency. We want to give an explanation to less informed users about some details that are found in the description of our app – Ethereum cryptocurrency – HD (Hierarchical Deterministic) Standard for generating new Ethereum addresses uses …
Circulus vitiosus is Latin for “A vicious circle” and it is often used in medicine. Higher number of users and miners = higher price = higher number of users and miners = higher price… Price of Bitcoin is determined by supply and demand which means that market is controlling the price, same as in capitalism, …
As we said before blockchain is basically database. Blockchain is made from blocks that are 1 MB size and that data is encrypted, locked. Every 10 minutes database is larger for 1 MB, one new block on every 10 minutes. That database enlargement of 1MB every 10 minutes is made by “miners”. They are called …
Blockchain is database and Bitcoin is the only data present in that database. No one is able to delete data from blockchain database which means that no one can’t delete your Bitcoin. This answers the question if Bitcoin can simply disappear and answer is simple as NO. Can someone steal your Bitcoin? Answer is YES. …
Bitcoin lightning network is a network that develops around a bitcoin blockchain. Lightning is a network of transactions that run outside the blockchain. The idea is that not all transactions must be credited immediately into the blockchain, especially those small ones. Lightning Network is a network where bitcoin transactions are only signed between users and …
The next few texts will be quite simplified in order for many people to understand them, so we beg more advanced users to take this into account. The cryptocurrency is digital money, or money in digital form. Money was in the form of coins, and then in the form of paper, and it was high time …
The difference between cryptocurrency and fiat money Read More »
This is first time we address the public and we are very happy and excited to be able to participate in creating new future based on blockchain technologies, together with you. Our work will be based on the monitoring of the blockchain and cryptocurrency news, as well as making and software implementation of the projects. …
