What Is Ethereum

What Is Ethereum? You might think that Ethereum is just one of nearly 2,000 cryptocurrencies that are currently out there, but that couldn’t be farther from the truth. Let talk about what makes Ethereum so special and so valuable (for you technical readers out there you can find all the nitty gritty details at the Ethereum white paper). A Short History …

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Is Bitcoin Legal Currency?

Is Bitcoin Legal Currency? Bitcoin, the mysterious technology introduced by Satoshi Nakamoto in 2009, is a peer-to-peer decentralized cryptocurrency that operates without a central bank or in tandem with a third party. Additional coins are minted into existence and transactions are verified on it’s blockchain through an innovative process referred to as “mining”. Much like any major currency (be it …

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How to Mine for Bitcoin Like a Beast

What is Bitcoin Mining? Bitcoins come into existence through a process called Bitcoin mining; it is essentially the backbone of Bitcoin and other cryptocurrencies. Since Bitcoin is decentralized, there is no centralized authority to control the supply and demand of the currency. The supply and demand of Bitcoin is dependent on the activity of its miners. Miners utilize special software …

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Public and Private Keys: All You Ever Need To Know

Public and Private Keys: All You Ever Need To Know Before we get into private keys it is important to understand what a cryptocurrency wallet is. The cryptocurrency wallet is essentially a location on a blockchain where cryptocurrencies are stored, sent or received. In more real world terms, think of your cryptocurrency wallet as a bank account for your digital …

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All Crypto Wallets Are Not The Same

  All Crypto Wallets Are Not The Same It is no secret, cryptocurrency theft is on the rise and is currently a real issue in the industry effecting exchanges and individuals alike. From the hacking of the Mt. Gox Bitcoin exchange to Bitconnect and beyond this new space has been unfortunately infiltrated by jerks that want something for nothing and …

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What Is Cryptocurrency and How It Will Change Your Life

What Is Crypto and How It Will Change Your Life? In January 2018, the cryptocurrency market made international headlines because its total capitalization exceeded $800 billion; up from about $20 billion the year prior, the world watched in wonder as the rise of the digital assets dwarfed any other asset class in comparison. The steep growth of the cryptocurrency market …

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The Best Blockchain Explanation Ever

What Is Blockchain Technology? By now, you’ve probably heard the term “blockchain technology,” perhaps in reference to a cryptocurrency such as Bitcoin or some ultra ambitious project promising to change the world as we know it. However, because you’re reading this article, you probably have been wondering “What is Blockchain technology” and have a sneaking suspicion that blockchain technology is …

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Bitcoin On a Budget

Bitcoin On a Budget  Have you ever thought “Bitcoin is awesome but it is too expensive”? Have you often wondered how to earn Bitcoins? If your answer was yes (or any variation of it); this is the article for you. Even though Bitcoin’s price has made a meteoric rise in the past year there are still options for those that …

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The Legend of Bitcoin: What it is and Why It Matters

What is Bitcoin and How Does It Work? Its official, 2017 was the year of the Bitcoin as the digital currency garnered a lot of media attention. Both Wall Street and Main Street investors alike turned their heads to the cryptocurrency markets as the word “Bitcoin” seemed to be in every news article and on the tip of every one’s …

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Software Wallets You Can’t Live Without

Software Wallets You Can’t Live Without Today we are going to talk about wallets; and its’ not your Grandpa’s old musty leather wallet, either. Cryptocurrency wallets can be compared to traditional wallets in the sense that; just as one stores physical cash the other stores cryptocurrency (which can be thought of as the digital cash of the Blockchain). The two …