The Disadvantages of Bitcoin That Make Governments and Banks Cringe Bitcoin is a decentralized digital currency outside the central bank and government control. It has become an increasingly popular form of payment in recent years. Bitcoin has experienced a lot of ups and downs since its introduction in 2009. The price of bitcoin is volatile, […]
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DApps & Web3: A new version of the Internet?
What are dApps? Decentralized applications, or DApps, are computer applications that are powered by smart contracts and stored on the blockchain. DApps were popularized by the Ethereum blockchain network. They are similar to traditional apps, but differ because: DApps represent a new way of interacting with finance. When one thinks of traditional finance, money lending, borrowing, […]
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Ethereum and Smart Contracts: The Foundation for the Decentralized Economy?
Let’s take a look at what Ethereum is and what Smart Contracts do. What is Ethereum? The foundation for our digital future At its core, Ethereum is a decentralized global software platform powered by blockchain technology. It is most commonly known by its native cryptocurrency, ether, or ETH. Ethereum is a turing complete platform which […]
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Crypto Scams: An Overview – Part 2
Crypto Scams: An Overview – Part 2 This article is a continuation from the Crypto Scams: An Overview – Part 1. What are more of the most common crypto scams? Social Media Scams Fake Giveaways Fraudulent Exchanges Blackmail Scam and Ransomware Fake Cloud Mining Social Media Scams Social media scams may attempt to impersonate a […]
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Crypto Scams: An Overview – Part 1
One of the biggest problems in the crypto and blockchain industry preventing mass investment today are rampant scams. These scams entice investors with false promises of “getting rich quick”, tricking investors to give up passwords, credentials, and seed phrases, and use other nefarious methods for profit. What are some of the most common crypto scams? […]
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Bitcoin Lightning Network
Blockchain technology is gaining momentum through the augmentation of its various applications and use cases. We are entering a unique era in the timeline of the world’s first and most renowned cryptocurrency, Bitcoin. The Bitcoin Lightning Network is the next iteration of Bitcoin. Bitcoin provides a low-cost method for sending remittances globally and serves as […]
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Tokenized Securities
Tokenized Securities Is it possible to buy and sell a work of art without moving it? Can we own pieces of property and collectibles that cannot be divided, and which lie in distant parts of the world? Tokenized securities are digital representations of underlying assets. Like securities, they derive their value from the value […]
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GPU Crypto Mining
GPU Crypto Mining A couple months ago, a friend asked me to build a GPU crypto mining computer. As I was already mining Bitcoin, I wanted to gain some GPU mining experience as well. GPU stands for Graphics Processing Unit. GPU mining computers are much more flexible than ASIC miners when […]
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Bitcoin Mining
My Bitcoin Mining Experience *** I want to preface this article with a disclaimer. Crypto mining is not easy. If you think you can just plug in a machine, leave it running, and get rich quick, you are mistaken. Mining requires daily discipline, planning power requirements, regular temperature checks, noise considerations, managing heat output, tweaking […]
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Crypto Mining
What is Crypto Mining? Crypto mining is the process of providing computer processing resources to a crypto network in exchange for a reward. To get a little more technical: As financial transactions occur on crypto networks, blocks are created which contain the transactions. These blocks need to be verified before they are added to the […]
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