18.11.2021 | asorokin
Along with the idea and technical implementation, the consensus algorithm in cryptocurrencies is crucial for each distributed block chain. It allows to maintain the integrity and security of the network. Satoshi Nakamoto proposed the first consensus algorithm to be developed for blockchain - a Proof of Work. Then the developers came up with all the new ways of confirmation, some of them found their popularity and deserve consideration, others proved to be not viable, or were not accepted by the community.
10.11.2021 | auglovoi
РA number of traders believe that the cryptocurrency market is still young and influenced by public opinion, which makes it poorly amenable to technical analysis. However, others are sure that this type of situation analysis remains relevant for exchanges, despite its assumptions and peculiarities. The latter is largely due to the increasing liquidity, which remains relatively low to this date.Proponents of technical analysis believe that the cryptocurrency market creates situations where it is precisely this approach that makes it possible to most accurately predict further price behavior.
25.10.2021 | auglovoi
Although there is no single solution to avoid trouble, there are several ways to protect your money, and in case of hacking, quickly take steps to recover them.Although we have repeatedly discussed and given recommendations on the safe storage of cryptocurrencies, it is still worth going through the step-by-step checklist to make sure you don’t miss anything important. If any of the following has not been done yet, then it is better to take care of it in the near future.
07.10.2021 | asorokin
Ethereum 2.0 crossed 6 million staked coins under its deposit contract and this number is constantly growing. Ethereum 2.0 surpasses 200K validators, and many already cite the high degree of decentralization. Unlike the proof of work consensus protocol, the proof of stake promises superior performance. You can read about them in the corresponding articles.
Before getting started with mining cryptocurrency, we will describe the system requirements:
Hardware Minimum Recommended Operating system 64-bit Linux, Mac OS X, Windows 64-bit Linux, Mac OS X, Windows CPU Intel Core i5-760 or AMD FX-8110 Intel Core i7-4770 or AMD FX-8310 Оперативная RAM 4 GB RAM 8 GB RAM Free space on SSD 20 GB 100 GB Network connection speed 10 Mbps 10 Mbps Getting a good UPS battery backup and a backup communication channel are mandatory in this field of work, or all of your mining progress might get lost because a sudden power surge, which also may lead to penalties.
27.09.2021
When it was created in 2009, Bitcoin could only be purchased directly from each other on OTC markets. While the number of cryptocurrencies has steadily increased, and they became known far beyond geeky tech circles, centralized and then decentralized exchanges began to appear. But the OTC market still remains in demand. Small amounts are usually traded between users directly, but there are specialized platforms for big players allowing to make deals of tens and hundreds of thousands of coins.
21.08.2021
Few people know that Bitcoin transactions aren’t as anonymous as everyone hoped. If you get this basic idea, then you are on the right track.
How to prevent your Bitcoins from being stolen? And how do you prevent your crypto assets from becoming the target of cybercriminals? First you need to understand the basic principles of anonymity online.
Some might argue that the internet was built on anonymity, paving the way for a place where free speech reigns supreme.
05.07.2021 | auglovoi
The success of the joke cryptocurrency Dogecoin has spawned many imitators. While some simply copied the meme currency by changing some basic parameters, for example, the reward for finding a block or the size of the final issue, others went further, creating entire ecosystems. The creators of Shiba Inu also followed the latter path, who decided to put the idea of joke money into their coins, while using a completely different approach to implementation.
19.05.2021 | auglovoi
MiCA is a package of documents proposed by the European Commission to regulate markets aimed at bringing digital assets out of the gray economy throughout the European Union.
The initiative was adopted by the European Commission on September 24, 2020, as part of a proposed regulatory framework for digital finance. The document itself began to be developed back in 2017, when the popularity of bitcoin and other cryptocurrencies skyrocketed. Under its regulation are any cryptoassets that do not fit the definition of financial instruments, deposits, structured products and other customary instruments that already have legal status in the EU.
17.05.2021 | auglovoi
Over the past seven days, bitcoin has lost a quarter of its price. Many attribute this to the decrease in the share of large holders of the first cryptocurrency and comments of Elon Musk about Tesla’s cryptocurrency. However, we should not forget that over the past six months, digital gold has shown unprecedented growth, in general prices on online exchanges have doubled. The current decline can be called a necessary correction.
14.05.2021 | auglovoi
MicroStrategy, a public company whose shares are traded on the Nasdaq, a high-tech exchange in the United States, began massively buying bitcoins last year. At first, the provider of analytical software spent its own free liquidity on operations with the first cryptocurrency, and later began raising and borrowed capital. The latter, by the way, was obtained by selling off debt securities in less than a day. Many considered this move by CEO Michael Saylor to be quite far-sighted, because bitcoin value growth in the future is imminent due to the limited supply, unless, of course, the first cryptocurrency loses its attractiveness, but it may not be that simple.