Litecoin is one of the earliest cryptocurrencies to have come into existence. The creation and transfer of Litecoin based on an open sourced cryptographic protocol. It is decentralized and hence managed by any individual or authority. History Charlie Lee, a former Google employee, developed and released Litecoin on GitHub via an open-source client on 0ctober 7, 2011; with the network, a fork of the Bitcoin Core client, going live 6 days later. He quit his…Read More Open Trading Account
What is Bitcoin and what are the advantages and disadvantages of Bitcoin?
Bitcoin is a digital currency introduced in the year 2009 by an anonymous developer named Satoshi Nakamoto, whose identity till this date remains unidentified. Bitcoin is the world’s first decentralized currency, and it does not have any single administrator or central bank to monitor its activities. The transactions of Bitcoin takes place through peer to peer transactions. The operations take place directly through the use of cryptography without the need for involving an intermediary. Bitcoins…Read More Open Trading Account
A Review on Bitcoin Cash
Bitcoin cash was introduced on August 1, 2017. Bcash is a newcomer to the cryptocurrency world, based on the fork of Bitcoins. Ever since it has ushered in, it has become a new rock and roll because transactions can be carried out in seconds; it’s a reliable source and it requires low fees. Are these features really make it an unsurpassed cryptocurrency? Here is the complete review of Bitcoin cash. A Glance at Features of…Read More Open Trading Account
DASH – The hottest Altcoin on the block
Dashcoin (DSH) Now unless you have been living under a rock, you would know about the meteoric rise of cryptocurrencies that the world has witnessed, particularly in 2017. Almost all of the 28 cryptocurrencies with a market capitalization of more than a billion dollars have enjoyed a massive upsurge in their trading prices on various exchanges. Leading the way is Dash, an open source peer-to-peer cryptocurrency launched in January 2014 by Evan Duffield. It boasts…Read More Open Trading Account
Ethereum Classic – Beginners Guide
Cryptocurrency, the money of future is used as digital currency for online transactions. Ethereum Classic (ETC) is a new or split form of cryptocurrency designed to avoid external interference and subjective tampering of transactions. Ethereum Classic stands on the fifth position of cryptocurrency in the market. The existence and importance of ETC is mentioned as below; Introduction of Ethereum Classic: Ethereum was introduced by Russian programmer Vitalik Buterian. He was the adopter of blockchain technology…Read More Open Trading Account
All about Cryptocurrency Zcash
Zcash is a more secure and secretive cryptocurrency than Bitcoin is popular among those who do not wish to publicize about their online transactions. Detailed information of Zcash is mentioned below: Introduction: Zcash was introduced by Zooko Wilcox-O’Hearn, the founder, and CEO of Zcash Company. Zcash was launched in October 2016. It is a cryptocurrency that uses zero-knowledge cryptography to protect and sustain the user transaction.It deals with private digital money, transaction. Details of Zcash…Read More Open Trading Account
All About Ethereum
Ethereum is nothing but a blockchain network that enables developers to build and deploy a decentralized platform. It is an open software application which is without any possibility of fraud or third-party interference or censorship. The applications run on a custom built blockchain which is astronomically shared as global infrastructure that can represent the ownership of property. Ethereum essentially enables multiple new and extremely innovative cryptocurrencies to exist Ethereum Virtual Machine: Before the Ethereum came…Read More Open Trading Account
What sets Monero apart from all other cryptocurrencies in the market?
Created in 2014, Monero (symbol XMR) is an open source cryptocurrency renowned for its sharp focus on privacy, decentralization, and scalability. It is secure and private. So what are its key features that give Monero the aforementioned characteristics? Have a look. Fungibility What this basically means is that each unit of the currency can be substituted for another. Every coin has the same value and all coins are indistinguishable from one another. This is the…Read More Open Trading Account
The ‘Ripple’ Effect
Ripple is a global real-time gross settlement (RTGS) system. It also doubles up as a currency exchange and payment system. It is a name for both the cryptocurrency (XRP) and the open payment network within which that currency is transferred. Origin Ryan Fugger created Rippleplay in Canada in 2004. It was intended as a decentralized monetary system through which people can effectively create their own money. He intended to provide secure payment options to members…Read More Open Trading Account
What augurs well for Augur and what doesn’t?
Augur is a US-based open source, decentralized prediction market platform that rewards you for making accurate predictions about future real-world events. It is essentially a betting site about events that happen in the real world, where you can gain benefits by forecasting and trading. Here’s an honest review explaining how the system operates, its pros and cons. Purpose Augur is built on the Ethereum blockchain platform and there are no central servers as such. Augur…Read More Open Trading Account