26.09.2022 | asorokin
Any assets, including money, in whatever form they may be, must be stored somewhere. Wallets are usually used for this. This method of saving finances concerns not only cash, but also digital currencies.
Special wallets with varying degrees of protection are used to store cryptocurrencies and NFT.
Why do we need crypto wallets In fact, there is no cryptocurrency in the crypto wallet, it stores the key to access the owner’s assets.
17.09.2022 | mnalilovich
The Ripple (XRP) cryptocurrency was born in 2011 by OpenCoin Corporation, whose director was Ryan Fugger. Ripple was positioned as a newer and faster alternative to the Bitcoin coin, which will be available to both individuals and legal entities.
In 2013, the old development team decided to leave the OpenCoin project. In the process of recruiting a new team, the future director of XRP, Chris Larsen, joined the company. Immediately after that, it was decided to rename the OpenCoin corporation to Ripple Labs, as well as to change the main direction of the company’s activities, focusing on working with the banking sector.
06.09.2022 | mnalilovich
The problem of cryptocurrencies and quantum computers is currently being raised more and more often in the community. And although in the near future, and most likely not only in the near future, the capabilities of quantum computers will not be enough to crack the encryption of existing cryptocurrencies, however, the most commonly used signatures of RSA, DSA and ECDSA, theoretically, remain quantum unstable. Although the open nature of blockchain allows you to change the source code, preventing the possibility of hacking, but it will take time.
31.08.2022 | mnalilovich
Blockchain is a chain of blocks containing information, built according to certain rules, having a continuous character. In simple terms, the blockchain is similar to the electronic version of an ordinary magazine, which keeps records of certain values, products or materials.
There are two main branches of the block chain: centralized and decentralized. The implementation of the latter is clearly shown by the example of bitcoin. In fact, it was the first cryptocurrency that became an example of the use of blockchain in practice.
25.08.2022 | mnalilovich
The rapid growth in popularity of the distributed finance sector in cryptocurrencies has enabled developers to look for various applications of their ideas for blockchain. One of the most significant events in DeFi was the appearance of Flash Laons, or “fast loans”.
Flash Loans (or instant loan) is a feature available in some popular distributed finance protocols, with which a user can take out an instant, short—term loan without collateral. The main condition of Flash Loans is the repayment of the loan in the same block of the distributed registry where it was received.
17.08.2022 | auglovoi
Tokens are usually put on a par with classic cryptocurrencies. However, it cannot be said that this type of digital asset is a crypt in the classical sense. In order to understand the difference between these two tools, it is necessary to figure out which forms of tokens are the most popular of the existing ones.
We have already considered the use of blockchain in projects other than cryptocurrencies, however, tokens cannot exist in isolation from the latter.
12.08.2022 | mnalilovich
For many centuries, gold has acted as an instrument of wealth accumulation, as well as a means of payment and confirmation of its status. Now this precious metal has found its application in medicine, electronics, and other industrial fields. However, gold has not lost the role of reserves and accumulation of value. If we take into account that the amount of metal on the planet is limited, and the need for it is only increasing, then we can say with confidence that in the future the value of gold will only grow.
26.07.2022 | auglovoi
Many would like to carry the title of an innovator in a particular field. Some work for years to achieve what they want, but they never rise to the top. Others, even having created a breakthrough technology, prefer to remain in the shadows and do not reveal their true name.
Craig Wright — Satoshi Nakomoto Craig Wright has been calling himself Satoshi Nakomoto for a long time. He is not the first and not the last who tried to ascribe to himself the laurels of the creator and bitcoin and the parent of the entire cryptocurrency industry.
25.07.2022 | auglovoi
Last week was quite positive for cryptocurrencies. Bitcoin overcame the psychological limit of resistance at $ 21,800, after which it showed a rapid growth above $ 24,000, however, with a rapid correction. Do not expect such swings this week.
If we talk about the fundamental reasons, then everything is quite prosaic here and no significant events are expected. Investors are already quite used to political upheavals, and new decisions of various governments are already mostly embedded in the prices of financial assets not only in the cryptocurrency market, but also on stock and classic currency exchanges.
01.07.2022 | auglovoi
Bitcoin, however, like most other cryptocurrencies, began the second half of 2022 with a fall. A significant role in this was played by the withdrawal of large investors of their funds from funds based on the first cryptocurrency. At the same time, there are no signals for a change in this trend yet, and there are several reasons for this. Thus, the uncertainty in the future actions of the leading monetary authorities in the world does not allow us to make forecasts for future inflation and the value of classical assets on stock markets.