Unlike fiat currencies that have paper cash and coins as legal tender, typical cryptocurrencies are not backed by anything tangible. It's not hard to see why most people struggle to understand how a currency backed by nothing can have real value.
For an industry that's notorious for dramatic price fluctuations, the 2018 bear run didn't come as a surprise. Almost every other coin shed some value as their prices plummeted. For some investors, the downturn revived debate on the long-term viability of the industry. Yet for others, 2018 was a great time to buy in when the prices […]
When it comes to cryptocurrency investing, Technical Analysis is an important tool as it helps you to gauge the market feeling. It tends to look at all metrics that determine the market value and why the cryptoasset has risen or fallen in value in the past.
In its natural form, Proof of Work is a system that was designed to deter computer users from misusing their computing power through malicious activities such as sending spam emails. It requires them to show a feasible amount of effort known as “work” before their request is approved by the system.
Nano uses the block lattice technology, a peer-to-peer network of individual blockchains that sync with each other. The system essentially removes the need for miners to confirm transactions, the reason it delivers fee-less transactions. Given that scaling and high transaction fees are the major problems facing Bitcoin, NANO looks set to be the future BTC.
When most people start seeing their practical uses cases, these are the coins that could surprise everyone by racing to claim their place at the top of the cryptocurrency industry. It’s worth noting that most of the undervalued coins haven’t been tested at scale and when this happens, they could be the most valuable coins out there. For investors, now is a good time to take advantage of the bear run and invest in any of these undervalued coins.
Ethereum is both a cryptocurrency and a platform. It’s the first to introduce smart contracts technology that allows developers to create and deploy decentralized applications. From a mouth-watering price of $1,417 in December 2017, to the current prices of $210, Ethereum’s performance for the last few months hasn't been rosy.
Docks aim, is to provide a solution for data hoarding, which ia s a prevalent problem with existing professional firms. Looking at its technology and vision, it’s not hard to see that the project is a pretty solid solution that can effectively solve an existing problem. It’s poised for growth once the team implements the white paper.
For companies that don’t want to share their equity with investors, ICOs are the best method of raising capital. All they give is a token with a promise that the company becomes a successful, and the price of the token rises.
Most people are earning clean profits by mining Zencash, which is among the most profitable coins to mine. With a CPU, a GPU or an ASIC miner; you can join them by becoming a Zencash miner. It’s your turn to make a passive income out of mining. Why not start today?