Why Bitcoin Become The Best Hard Asset In The World?

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We have experienced increased financial, trade and political instability during recent months, contributing to growing concerns about a potential global economic downturn. The trade dispute between the United States, China, Brexit and other European politic instability, more sovereign defaults and return to Argentina of capital controls and threats to the position and independence of central banks have all weighed on markets.Read More »Why Bitcoin Become The Best Hard Asset In The World?

Here’s Why Does Bitcoin Have Value?

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Seven hundred years before Sweden issued the first European banknotes in 1661, China cracked on how to lighten the load of people who wear copper coins everywhere. Such coins made life difficult: heavy and dangerous for travel. The merchants then agreed to deposit those coins with one another and issue paper certificates for the value of the coin.Read More »Here’s Why Does Bitcoin Have Value?

What is Proof of Space-time Crypto? How does it work?

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Proof of Space-Time (PoST) was designed as a new primitive cryptographic proof of work (PoW) as proof of resource consumption and as a Sybil resilience system for unauthorized cryptocurrencies. It was launched in 2016 by Tal Moran and Ilan Orlov in the paper ‘ Simple Space-Time proof and logical storage tests.’ A PoST enables a prover to inform a verifier that several “space-time” resources have been spent: a certain amount of space allocated over a certain duration, during which space can not be used for anything else. The PoST requires considerably less energy than PoST because “difficulties” can be increased without further computational work by increasing the time during which space is allocated.Read More »What is Proof of Space-time Crypto? How does it work?

Is Cryptocurrency Considered An Asset? Should we use Digital Asset Security Service?

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Bitcoin and other cryptocurrencies are constantly spread over news headlines to map a wild ride of extreme highs and lows. When the recession in 2008 has burned the sole realm of millennia against institutions, a lot of institutional investors are cautious and plunge their toes into the crypto-market, generating visibility through crypto-financing, future funds, and other new investment options.Read More »Is Cryptocurrency Considered An Asset? Should we use Digital Asset Security Service?

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 ?