Crypto Currency

What Is Soft Fork And Hard Fork In Bitcoin?

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Until we start talking about gentle, rough, and other strange words, I would like to describe each term briefly. Just to say that we are on the same page.

  1. Blockchain protocol: code convention specifying the rules for connection, mining, and transaction. You must comply with the protocol to be part of the network.
  2. Fork: the moment you have a separate version of the protocol from the main one.

Read More »What Is Soft Fork And Hard Fork In Bitcoin?

Is Facebook Libra Dead? Can Libra Survive Regulatory Scrutiny?

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The Libra project seems to have been in great difficulty over a couple of months and there are many reasons to believe why it is doomed to fail. Some of this negative impact is due to a congressional reversal which has led to a decline in investor confidence and exodus of support for the Libra project. Is this due to its Facebook links and can Libra survive, if not prosper, without the Zuckerberg connection?Read More »Is Facebook Libra Dead? Can Libra Survive Regulatory Scrutiny?

8 Facts About CryptoKitties After 1 Year Playing Digital Cats on Blockchain

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For over a year, I’ve been enjoying CryptoKitties. This is a game for the uninitiated, where you own and breed cats on the blockchain. You can breed 4 trillion cats based on the genetic makeup of each parent.

With the kids, you can’t do anything. It’s only for entertainment. For fun. But CryptoKitties priced over US$ 15 m (81,600 ETH). More than 1.7 million cats were bred.Read More »8 Facts About CryptoKitties After 1 Year Playing Digital Cats on Blockchain

What is IEO in Crypto? How Does an IEO Work?

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Before we look at how IEOs was created and where to find the latest IEOs in the not too distant past, we have to look quickly. These were the days of the nascent crypto market, which was still very early.

Recall when all the excitement was in the ICOs? It only happened a day when news of a blockchain project that launched its own ICO or Initial Coin Offering did not pass. Sure, some of these were quite successful and profitable. But some people came to spoil the fun, as with all the good things.Read More »What is IEO in Crypto? How Does an IEO Work?

Will Cryptocurrency Be Part of The Global Financial System?

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Virtual asset businesses in the United Kingdom have to comply with the anti-money laundering legislation, as the United Kingdom is joining a growing list of countries in line with the global FATF guidelines As of 10 January 2020, UK companies in digital assets (crypto asset) have to comply with the national anti-money laundering and counter-terrorism financing (AML / CTF) Legislation.Read More »Will Cryptocurrency Be Part of The Global Financial System?

What Elon Musk Think About The Future Of Bitcoin And Cryptocurrency

On Monday, Elon Musk, CEO of Tesla and SpaceX, appeared on the Third Row of Tesla Podcast to discuss a range of topics related to his past ventures, current work, and the technology’s future. At a time of the interview, Musk was asked to think about Bitcoin and other cryptocurrencies, a topic that he was known to tweet a little bit often.Read More »What Elon Musk Think About The Future Of Bitcoin And Cryptocurrency

What Is Lightning Network? Simply Explained And How It Works

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Since Bitcoin was first introduced by Satoshi Nakamoto in 2008, the very first public comment to James A. Donald on the network included the following line: “As I understand your idea, it does not seem to be as big as it needs to be.” Ten years later, Bitcoin and other veteran cryptocurrency networks still have the most serious problem with scalability.Read More »What Is Lightning Network? Simply Explained And How It Works

China Digital Currency Will Be A Tool To Empower For Government

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The independence of money from government control is a core ideology for many in the cryptocurrency community. Satoshi Nakamoto, the alias used by the founder of the Bitcoin idea, believed that central banks exploited people put in them by their trust. “The central bank must trust not to undermine its currency, but the past of fiat currencies is full of breakdowns,” he said when his peer-to-peer currencies were first revealed. Read More »China Digital Currency Will Be A Tool To Empower For Government