Dustin

Since 2011, Dustin has been an active member of the community of cryptocurrencies. Dustin is a Washington-based financial-tech reporter. He's passionate about bitcoin, open source code, and decentralized apps. Dustin wrote thousands of articles about the innovative protocols.

How Does Bitcoin Solve Double Spending? How to Prevent It!

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The Bitcoin White Paper, released in 2008, launched the first peer-to-peer electronic cash system in the world. In 2009, Satoshi Nakamoto, the pseudonymous writer of the text, sent the first bitcoin customer through SourceForge and Bitcoin was born. At the heart of Bitcoin’s popularity was its ability to solve the double-spending problem that plagued all previous efforts to create digital currencies. In this article, we will clarify what is double expenditure and how it is avoided by the blockchain underpinning bitcoin.Read More »How Does Bitcoin Solve Double Spending? How to Prevent It!

What is Cryptocurrency? and How Does It Work ? Why Do We Use It ?

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Virtual trading platforms created and used by private individuals or groups are cryptocurrencies or virtual currencies. As most cryptocurrencies are not controlled by national governments, alternative currencies are considered–financial exchange media that operate outside the limits of state monetary policy.

Bitcoin is the largest cryptocurrency and is first widely used. Nevertheless, there are hundreds of cryptocurrencies and there are more each month in the spring.Read More »What is Cryptocurrency? and How Does It Work ? Why Do We Use It ?

4 Legal Risks To Consider Before Investing in Cryptocurrency

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Together with the explosion of interest in the digital currency and all its implications for new and traditional companies, the legal impact of these new technologies and currencies needs to be made clearer. Given that governments around the world, regulatory agencies, central banks, and other financial institutions work to understand the nature and significance of digital money, individual investors can invest in this new environment. On the other hand, when buying and selling cryptocurrencies, investors assume certain legal risks.Read More »4 Legal Risks To Consider Before Investing in Cryptocurrency

Analyzing Bitcoin Price Model Prediction 2020 – Could Bitcoin Price Could Hit $1 Million in 2020?

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If you’re getting fed up with all the forecasts of the bitcoin price, well, get used to it, because I’m planning to write a couple more before we go into 2020.

The digital asset has experienced a halving event every four years since the development of Bitcoin (BTC) in 2009, reducing the number of coins continuously entering the economy by half, rendering it a deflationary asset.Read More »Analyzing Bitcoin Price Model Prediction 2020 – Could Bitcoin Price Could Hit $1 Million in 2020?

What is DeFi? What Do You Need To Know About Decentralized Finance?

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Ultimately, the Decentralized Finance (DeFi) blockchain-powered space is still nascent, but provides a compelling value proposition by which individuals and institutions make use of broader access to financial applications without the need for a trusted intermediary. This development will benefit especially people who have not previously had access to such financial services. However, DeFi is offering a full capital market. Thought in a tiny format at this point in time. But it’s growingRead More »What is DeFi? What Do You Need To Know About Decentralized Finance?

Is it too Late to Buy Bitcoin? Should I Invest Bitcoin Now 2020?

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Probably the most frequently asked question by those outside the crypto community who are interested in crypto is this; am I too late to buy Bitcoin? It’s a great issue. Historically, Bitcoin has seen one of the greatest bull runs that it is likely to ever see. However, as we look at the price of Bitcoin over time, going from just dollars to $20,000.00 per Bitcoin, this concern is well founded.

It’s history, as an asset, is very interesting-like our buyers in years ago. The market, however, is very different, as is the shareholder environment.Read More »Is it too Late to Buy Bitcoin? Should I Invest Bitcoin Now 2020?