This is a made easy e-book on how to understand the basics of cryptos summarized in the most understandable way it can be so that layman and normal people who have no idea on cryptos can decide if they will invest or not.
Now is a very good time to take an interest in Bitcoin and invest in it. It has been going strong for 10 years and its popularity has soared. In order to make the best returns on Bitcoin investments you need to understand what it really is and how it works.
You also need to know the best way to obtain Bitcoins and the best investment strategies. This guide will show you all of this and more. Many people think that Bitcoin is a scam but it certainly isn’t.
However there have been some scams in the cryptocurrency world and you will find out how to avoid these and stay safe in this guide.
What is Bitcoin and How is it related to Satoshi Nakamoto White Paper.pdfSuraj Sharma
Well the terms like bitcoin & block chain are being coined and referred to everywhere over the internet or over any investment or financial platform the reason being its increasing popularity and the mammoth returns that people have made by investing in these avenues.
Although the concept of bitcoin is known to many but still there are many that are confronted with this question that what is a bitcoin and how does it work? so, in this blog I have made a sincere effort to explain the same in the easiest of manner for you to understand this concept. So as we move ahead we will dive in this concept of What is Bitcoin? How is it related to White paper of Satoshi Nakamoto? to understand the basics of bitcoins and how would its future be like.
The term crypto currency is being coined everywhere due to its increased popularity worldwide, it is being looked at with great aspiration to park one’s money for a lucrative and manifold return. One can well imagine the return percentage on his/her investment in bitcoins by the fact that 1 bitcoin was worth $0 in 2009 and it now values at $55,353 (at the time of writing this article).
This means you could have been a millionaire or a billionaire if a reasonable investment was made in bitcoins in 2009 and was to be redeemed now.
Cryptocurrency- A Digital asset as a medium of exchange:
Crypto currency is a digital asset that is designed in such a manner that it offers the benefits of a medium of exchange like any other currency, so you can buy any item in exchange of these digital assets that you possess from the seller that accepts these forms of payments.
These digital assets are stored in computerized databases as they do not exist in physical form, using strong cryptography to secure the transaction records.
Decentralized Cryptocurrency Explained in Easy:
Whenever these digital currencies are minted, mined or created by the originator , the process is said to have exercised a centralized control, however when these are further disseminated to larger groups a decentralized control is said to have exercised. Each cryptocurrency functions through a distributed ledger technology that is typically known as block chain technology that serves as a public financial transaction database.
Although there are several other Cryptocurrencies that exist in the digital world and they too have offered good returns over a period of time, but the major issue involved in these digital currencies is that they are not backed by any of the apex bank of any country nor do they are traded in any banking channel.
Usually these digital currencies or cryptocurrencies that are not backed by any government or banking channel have no intrinsic value and nor do they will have in future.
Their values are derived purely on the basis of market forces of demand and supply and are a private fiat money. The market of these digital assets is highly volatile and have no capping on their price increase or decrease.
By the end of this e-book, you’ll certainly know more about cryptocurrency
than most people out there.For this first chapter, we will be covering 5 topics:
1. What Is Cryptocurrency?
2. How DoCryptocurrencies Work?
3. How Are The Cryptocurrencies Value Determined?
4. What Is Cryptocurrency Used For?
5. Why Cryptocurrency?
Bitcoin is a digital, decentralized, partially anonymous currency, not backed by any government or other legal entity, and not redeemable for gold or other commodity. It relies on peer-to-peer networking and cryptography to maintain its integrity. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending.
Now is a very good time to take an interest in Bitcoin and invest in it. It has been going strong for 10 years and its popularity has soared. In order to make the best returns on Bitcoin investments you need to understand what it really is and how it works.
You also need to know the best way to obtain Bitcoins and the best investment strategies. This guide will show you all of this and more. Many people think that Bitcoin is a scam but it certainly isn’t.
However there have been some scams in the cryptocurrency world and you will find out how to avoid these and stay safe in this guide.
What is Bitcoin and How is it related to Satoshi Nakamoto White Paper.pdfSuraj Sharma
Well the terms like bitcoin & block chain are being coined and referred to everywhere over the internet or over any investment or financial platform the reason being its increasing popularity and the mammoth returns that people have made by investing in these avenues.
Although the concept of bitcoin is known to many but still there are many that are confronted with this question that what is a bitcoin and how does it work? so, in this blog I have made a sincere effort to explain the same in the easiest of manner for you to understand this concept. So as we move ahead we will dive in this concept of What is Bitcoin? How is it related to White paper of Satoshi Nakamoto? to understand the basics of bitcoins and how would its future be like.
The term crypto currency is being coined everywhere due to its increased popularity worldwide, it is being looked at with great aspiration to park one’s money for a lucrative and manifold return. One can well imagine the return percentage on his/her investment in bitcoins by the fact that 1 bitcoin was worth $0 in 2009 and it now values at $55,353 (at the time of writing this article).
This means you could have been a millionaire or a billionaire if a reasonable investment was made in bitcoins in 2009 and was to be redeemed now.
Cryptocurrency- A Digital asset as a medium of exchange:
Crypto currency is a digital asset that is designed in such a manner that it offers the benefits of a medium of exchange like any other currency, so you can buy any item in exchange of these digital assets that you possess from the seller that accepts these forms of payments.
These digital assets are stored in computerized databases as they do not exist in physical form, using strong cryptography to secure the transaction records.
Decentralized Cryptocurrency Explained in Easy:
Whenever these digital currencies are minted, mined or created by the originator , the process is said to have exercised a centralized control, however when these are further disseminated to larger groups a decentralized control is said to have exercised. Each cryptocurrency functions through a distributed ledger technology that is typically known as block chain technology that serves as a public financial transaction database.
Although there are several other Cryptocurrencies that exist in the digital world and they too have offered good returns over a period of time, but the major issue involved in these digital currencies is that they are not backed by any of the apex bank of any country nor do they are traded in any banking channel.
Usually these digital currencies or cryptocurrencies that are not backed by any government or banking channel have no intrinsic value and nor do they will have in future.
Their values are derived purely on the basis of market forces of demand and supply and are a private fiat money. The market of these digital assets is highly volatile and have no capping on their price increase or decrease.
By the end of this e-book, you’ll certainly know more about cryptocurrency
than most people out there.For this first chapter, we will be covering 5 topics:
1. What Is Cryptocurrency?
2. How DoCryptocurrencies Work?
3. How Are The Cryptocurrencies Value Determined?
4. What Is Cryptocurrency Used For?
5. Why Cryptocurrency?
Bitcoin is a digital, decentralized, partially anonymous currency, not backed by any government or other legal entity, and not redeemable for gold or other commodity. It relies on peer-to-peer networking and cryptography to maintain its integrity. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending.
1-0 – What Is Cryptocurrency?
What is cryptocurrency? I’m sure many of you are curious of this so called
“21st
-century money of the future and due to its increasing recognition and
security, the cryptocurrency market looks bright ahead.
By the end of this e-book, you’ll certainly know more about cryptocurrency
than most people out there.For this first chapter, we will be covering 5 topics:
An Investigator’s Guide to Blockchain, Bitcoin and Wallet TransactionsCase IQ
As Bitcoin and blockchains are coming into the mainstream, investigators, auditors and forensics and security professionals need to become familiar with how blockchain works and why it is so important to tomorrow’s digital security. It is important for anyone involved in forensics to understand the risk associated with Bitcoin, the most notable usage of blockchain and how applying forensics to those risks can have an impact.
Bitcoin has huge potential to revolutionize financial services, but with risk, as is implicit with any currency. We need to understand how forensic technology can reduce these risks or solve problems of financial loss should these risks materialize. Technology helps us follow flows of cryptocurrencies through wallets and the blockchain. This can be of particular use to regulators and police forces as well as investigators and auditors.
Join Simon Padgett and Sheldon Bennett of DMG Blockchain Solutions Inc. as they outline the basics of cryptocurrency transactions and their associated risks and solutions.
How To Get Rich With Bitcoin Even If
You Have No Clue About Technology
The surprising wealth-building secret of a
globe-trotting vagabond
The incredible story of how I missed the boat on Bitcoin,
still got rich, and how you can do the same...
Among the learning objectives:
A. Crypto-currencies :
• The definition, history and evolution of the thousands of
crypto-currencies in the market, with their pros and
cons.
• Getting, mining and trading using cryptocurrencies.
• The legal status of this new technology in Lebanon and
different countries of the world.
• The possible future of crypto-currencies.
B. Blockchain :
• The technology behind crypto-currencies : concepts,
history, security, pros and cons.
• Examples and case studies of Blockchain applications.
C. ICOs :
• A new way for raising capital for companies and start-
ups.
• History and ICO phases.
This is one of the most frequently asked questions out there. What is cryptocurrency? To make it simple, cryptocurrency is a digital version of money where the transactions are done online. A cryptocurrency is a medium of exchange just like your normal everyday currency such as the USD, but designed for the purpose of exchanging digital information through a process known as cryptography.
The first ever-successful cryptocurrency emerged from the invention of Bitcoin, by Satoshi Nakamoto. This was then followed by the birth of other types of crytocurrencies competing against Bitcoin.
What is cryptocurrency?, Blockchain, Bitcoin, Bitcoin Mining, Facts about Bitcoin Different types of cryptocurrencies, Cryptocurrency in India, Supreme court on cryptocurrency. Advantages and disadvantages of cryptocurrencies, Do we Invest?, Conclusion.
CELSIUS NETWORK is a decentralized lending platform that leverages over-the-counter (OTC) trading and machine learning to enable secure, peer-to-peer borrowing for the crypto market. It has brought together a platform where lenders can leverage their funds to earn up to 5% per month and borrowers can access funds at a significantly lower interest rate than from traditional banks.
SEE URL's: https://bizvestor.com.ng/reviews/celsius-network-crypto-investment/
A Beginner's Guide to Profiting from CryptocurrenciesNetflixTube
A cryptocurrency is a type of currency which uses digital files as money. Usually, the files are created using the same ways as cryptography (the science of hiding information). Digital signatures can be used to keep the transactions safe, and let other people check that the transactions are real.
The main point of cryptocurrency is to fix the problems of traditional currencies by putting the power and responsibility in the currency holders' hands. All of the cryptocurrencies adhere to the 5 properties and 3 functions of money. They each also attempt to solve one or more real-world problems.
CryptoCurrency is one of the hottest ways to make money right now!
You cannot escape hearing about Bitcoin and all the other CryptoCurrencies and how people are making tons of money buying, holding, and selling CryptoCurrency.
Would you like to join an exclusive group of people in the know of the hottest new market almost nobody knows? You can, with this Cryptocurrency Secrets eBook.
Introduction to Cryptocurrency - Examples - How Do I Buy Cryptocurrency In Ca...Bitcoin Wallet Canada
Cryptocurrencies don`t have a vital issuing or regulating authority, but rather the usage of a decentralized gadget to document transactions and difficult new units. Read more on how do I buy cryptocurrency in Canada in this article.
Bitcoin has been attracting the attention of investors lately. Its supporters say it is the future of money and investing, while its critics argue that it is a risky investment option that may not yield significant returns. There is no official "Bitcoin" company as it is an open source technology, but there are a number of different exchanges that facilitate Bitcoin transactions. So, how exactly do you find the best place to buy bitcoin Canada?
A presentation about cryptocurrency Bitcoin and the technology it is built on: Blockchain. Some info about bitcoin mining, mining pools and Satoshi Nakamoto who is the mysterious inventor of this revolutionary technology.
All you want to know about #cryptocurrency and blockchain as well as hashing bitcoin.
- there are something is so difficult to understand in the power point but don't hesitate and write down your comment and surly i will make it easier for you.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
1-0 – What Is Cryptocurrency?
What is cryptocurrency? I’m sure many of you are curious of this so called
“21st
-century money of the future and due to its increasing recognition and
security, the cryptocurrency market looks bright ahead.
By the end of this e-book, you’ll certainly know more about cryptocurrency
than most people out there.For this first chapter, we will be covering 5 topics:
An Investigator’s Guide to Blockchain, Bitcoin and Wallet TransactionsCase IQ
As Bitcoin and blockchains are coming into the mainstream, investigators, auditors and forensics and security professionals need to become familiar with how blockchain works and why it is so important to tomorrow’s digital security. It is important for anyone involved in forensics to understand the risk associated with Bitcoin, the most notable usage of blockchain and how applying forensics to those risks can have an impact.
Bitcoin has huge potential to revolutionize financial services, but with risk, as is implicit with any currency. We need to understand how forensic technology can reduce these risks or solve problems of financial loss should these risks materialize. Technology helps us follow flows of cryptocurrencies through wallets and the blockchain. This can be of particular use to regulators and police forces as well as investigators and auditors.
Join Simon Padgett and Sheldon Bennett of DMG Blockchain Solutions Inc. as they outline the basics of cryptocurrency transactions and their associated risks and solutions.
How To Get Rich With Bitcoin Even If
You Have No Clue About Technology
The surprising wealth-building secret of a
globe-trotting vagabond
The incredible story of how I missed the boat on Bitcoin,
still got rich, and how you can do the same...
Among the learning objectives:
A. Crypto-currencies :
• The definition, history and evolution of the thousands of
crypto-currencies in the market, with their pros and
cons.
• Getting, mining and trading using cryptocurrencies.
• The legal status of this new technology in Lebanon and
different countries of the world.
• The possible future of crypto-currencies.
B. Blockchain :
• The technology behind crypto-currencies : concepts,
history, security, pros and cons.
• Examples and case studies of Blockchain applications.
C. ICOs :
• A new way for raising capital for companies and start-
ups.
• History and ICO phases.
This is one of the most frequently asked questions out there. What is cryptocurrency? To make it simple, cryptocurrency is a digital version of money where the transactions are done online. A cryptocurrency is a medium of exchange just like your normal everyday currency such as the USD, but designed for the purpose of exchanging digital information through a process known as cryptography.
The first ever-successful cryptocurrency emerged from the invention of Bitcoin, by Satoshi Nakamoto. This was then followed by the birth of other types of crytocurrencies competing against Bitcoin.
What is cryptocurrency?, Blockchain, Bitcoin, Bitcoin Mining, Facts about Bitcoin Different types of cryptocurrencies, Cryptocurrency in India, Supreme court on cryptocurrency. Advantages and disadvantages of cryptocurrencies, Do we Invest?, Conclusion.
CELSIUS NETWORK is a decentralized lending platform that leverages over-the-counter (OTC) trading and machine learning to enable secure, peer-to-peer borrowing for the crypto market. It has brought together a platform where lenders can leverage their funds to earn up to 5% per month and borrowers can access funds at a significantly lower interest rate than from traditional banks.
SEE URL's: https://bizvestor.com.ng/reviews/celsius-network-crypto-investment/
A Beginner's Guide to Profiting from CryptocurrenciesNetflixTube
A cryptocurrency is a type of currency which uses digital files as money. Usually, the files are created using the same ways as cryptography (the science of hiding information). Digital signatures can be used to keep the transactions safe, and let other people check that the transactions are real.
The main point of cryptocurrency is to fix the problems of traditional currencies by putting the power and responsibility in the currency holders' hands. All of the cryptocurrencies adhere to the 5 properties and 3 functions of money. They each also attempt to solve one or more real-world problems.
CryptoCurrency is one of the hottest ways to make money right now!
You cannot escape hearing about Bitcoin and all the other CryptoCurrencies and how people are making tons of money buying, holding, and selling CryptoCurrency.
Would you like to join an exclusive group of people in the know of the hottest new market almost nobody knows? You can, with this Cryptocurrency Secrets eBook.
Introduction to Cryptocurrency - Examples - How Do I Buy Cryptocurrency In Ca...Bitcoin Wallet Canada
Cryptocurrencies don`t have a vital issuing or regulating authority, but rather the usage of a decentralized gadget to document transactions and difficult new units. Read more on how do I buy cryptocurrency in Canada in this article.
Bitcoin has been attracting the attention of investors lately. Its supporters say it is the future of money and investing, while its critics argue that it is a risky investment option that may not yield significant returns. There is no official "Bitcoin" company as it is an open source technology, but there are a number of different exchanges that facilitate Bitcoin transactions. So, how exactly do you find the best place to buy bitcoin Canada?
A presentation about cryptocurrency Bitcoin and the technology it is built on: Blockchain. Some info about bitcoin mining, mining pools and Satoshi Nakamoto who is the mysterious inventor of this revolutionary technology.
All you want to know about #cryptocurrency and blockchain as well as hashing bitcoin.
- there are something is so difficult to understand in the power point but don't hesitate and write down your comment and surly i will make it easier for you.
Similar to Cryptocurrency a-quick-guide-to-understanding-cryptocurrencies (20)
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
3. Table of Contents
Introduction
Chapter 1
Cryptocurrency………………………………………………………………………….……2
What is Mining in Cryptocurrency?...........................................................3
Best Wallets to Try......................................................................................5
Chapter 2
Kinds of Cryptocurrencies………………………………………………………………..6
Chapter 3
Why Growing Numbers of People Invest In Cryptocurrency?.................13
Advantages and Disadvantages.…………….…………………………………………13
Best Cryptocurrency to Invest……………….…………………………………………15
Chapter 4
How Digital Currency Works in Our Daily Life?......................................16
Can it change our lives?.............................................................................16
Characteristic of Cryptocurrency..............................................................17
Chapter 5
The Future of Cryptocurrency…………………………………………….……………19
What is Blockchain?.................................................................................20
Here is a step-by-step video course showing you how to get started
with cryptocurrencies even if you know nothing about it.
4. 1
Introduction
Technology has come-up into a new level – from digital phones, tablets,
computers, and now the Digital Currency or known as the Cryptocurrency
of the new generation. Many people use debit and credit cards instead of
a physical money coming from their pocket wallets to pay for their
purchases, but there is more than a card to pay for your commodities at
this millennium, and it is actually the ‘Cryptocurrency’. Not everyone
know what cryptocurrency is, some even think that this is a scam, some
people think it’s not true until they know how is it done.
There are many types of cryptocurrency, the Bitcoin or BTC is the most
popular specially for beginners. Next to bitcoin is the Ethereum, Litecoin,
Ripple, Dash, IOTA, Monero, Zcash, Cardano, Stellar, NEM, NEO and
Tron. The said cryptocurrencies have their sorts of similarities and
differences, when it comes to uses, trading, and policies. Japan has
officially open its door for digital currencies as a mean of payment right
next to real money. Japan and South Korea drives a high traffic of
cryptocurrency exchanges according to CoinMarketCap, in fact South
Korea is making major improvements as of 2017 for more safety
transactions in the Bitcoin World.
Some says that cryptocurrencies tend to be bad because of their bubble
like characteristic. There are also people who find it very useful, in fact,
some make money from it while in the four corners of their houses. There
are lots of merchandisers and big companies that are now accepting
virtual money as a form of payment for every purchase done. Booking
flight and buying software online is also covered by virtual money, you can
now book flights and purchase software from Microsoft using Bitcoins
with hassle free transaction.
5. 2
Chapter 1
Cryptocurrency
Cryptocurrency is a virtual currency that uses cryptography to secure
every transaction made, thus counterfeiting this kind of currency is very
impossible to do because of this security feature. The invention of the so
called digital currency is not really intended by Satoshi Nakamoto the
inventor of Bitcoin, which is the first cryptocurrency. In 2008, Nakamoto
said that he has developed a “Peer-to-Peer Electronic Cash System,” and
announced the first release of Bitcoin in 2009, which is an electronic cash
system that prevents double-spending. Bitcoin is completely
decentralized with no central authority or server.
The first cryptocurrency to run online as a virtual is Bitcoin – launched in
the year 2009 under the pseudonym Satoshi Nakamoto. As of February 6,
2016 there is about 15.2 million Bitcoins circulating in the world.
Cryptocurrency is just like a real physical money, you can keep it, spend
it, and even do an investment with it. However, cryptocurrency can be
wiped out by a system crash if a back-up copy doesn’t exist, since it is a
virtual money and it doesn’t have any central repository. Cryptocurrencies
are designed to decrease the production of money – The first
cryptocurrency Bitcoin has an ultimate cap of 21 million BTC in total.
Mean to say, there are only 21 million Bitcoins can be mined, once the
Bitcoin miners unlock this total number of BTC the supply will be totally
tapped.
Having on hand a digital money requires ‘Mining’, while others uses to
trade theirs. People behind this gigantic invention still remains a secret,
no one knows who is Satoshi Nakamoto is – can’t even figure out if it’s a
group or a single individual behind it
6. 3
What is Mining in Cryptocurrency?
As a beginner, maybe you’re being confused of the word ‘Mining’, well to
explain this in a very simple way try to imagine golds and how they are
being mined. But before you think of buying a physical shovel and
mattock, let me explain how mining is done virtually. Crytocurrencies like
Bitcoin are mined with the use of computers. Mining requires specialized
computerswhich can find solutions to difficult math problems in order to
add a new block into the blockchain. Anyone who has access to the
internet with the right equipment’s can participate to mining and earn
bitcoin rewards.
Mining is not that easy, but it depends on how much effort you are putting
in your network. To start mining bitcoins, you need to have the all
necessary equipment’s for a more effective and successful mining process.
Things you need:
1. Get a Mining Rig- Mining rig can be costly, some chooses to
customize their own, while others often make investment of buying
the best rig to use.
2. Bitcoin Wallet- You can consider this one as an online wallet
where you can store your bitcoins etc... safely. Once you’ve signed
up for a wallet, make sure to get your wallet address – you can see it
as a long sequence of numbers and letters. In keeping your coins,
you must copy your wallet address on a sheet of paper or you can
use some storage device as your back-up in case your computer
crashes. So why you have to do this? It’s just simply because when
7. 4
your computer crashes all your bitcoins will disappear and they will
be gone forever unless you know your wallet address.
3. Find a Mining Pool- Mining pool is a group of miners that
combines their computing powers to get more Bitcoins. Joining a
pool will give an easier and smaller algorithm to solve. But before
deciding to join a pool you have to considered few things first, and
these questions must be answered clearly.
What is the reward method in the pool?
How stable is the pool?
What are the fees and charges for withdrawal?
How easy is withdrawing funds?
How frequent they find a block?
4. Mining Program- Choose a software depending on the equipment
you are using – when GPUs and FPGAs you must use a host
computer running these two; the standard bitcoin wallet, and the
mining software. Consider also the OS (Operating System) you are
using, for Windows the best software would be the Bitcoin Miner
and BTCMiner, for Linux you can try CG Miner BFG Miner and
EasyMiner, and if you’re using Mac OS, RPC Miner is the best for
you.
The mining software will the one to instruct the hardware to do the
work of mining.
8. 5
5. Start Mining- All is set and you need to start the mining process,
connect your miner and power up – to start you need to put the
mining pool, username, and password. Once configured you can
now mine your first bitcoin reward.
Best Wallets to Try
1. Coinbase- This online wallet was founded by Brian Armstrong and
Fred Ehrsam in the year 2011. The company launched buy and sell
bitcoin services in October 2013 This application operates
exchanges of cryptocurrencies such as Bitcoin, Ethereum, Litecoin
and Bitcoin Cash. This cryptocurrency has already assisted 10
million customers, and transacts worth $50 billion worth of digital
currency exchanges so far according to their site.
2. Electrum- This is one of the most popular Bitcoin wallet online. It
is beneficial to both beginners and experts – Electrum focuses on
speed and simplicity using low resource of usage. This electronic
wallet can handle complicated parts of Bitcoin system by the use of
remote servers. If ever you lose the wallet online during a computer
crash, you can easily recover the wallet using a secret phrase.
3. Trezor- Trezor is the first hardware wallet in the market, and the
first to implement the passphrase feature. The passphrase feature
secures the funds and if ever the owner loss the device. Trezor is an
small device designed to protect private keys from possible hacking
online.
9. 6
4. Nano Ledger S- This wallet support almost all the popular
cryptocurrencies and allow you to store. It has an special feature that
can store 2 kinds of currency at the same time in the same wallet,
unlike others that allows only one.
Chapter 2
Kinds of Cryptocurrency
Since bitcoin have been introduced, hundreds of cryptocurrencies enter
the market. Many alternative cryptocurrencies or altcoins have been
launched – following the success of Bitcoin, and they have grown into 700
in number. Some are being sold cheaper than Bitcoin, while some tend to
be more accessible than Bitcoin. In this section of the book – 12 of the
most popular cryptocurrencies will be told. Maybe you already heard
about Bitcoin and have some mysterious things on how it works, but this
time you will be entering the world of cryptocurrency and understand
what are the playful currencies inside cryptocurrency.
1. Bitcoin
Bitcoin is the first and most popular cryptocurrency in the world,
some are not aware of its existence but it actually stands as a
worldwide payment system. Bitcoin has no bank; in fact, it is based
on mathematical proofs. Just like the technology of E-mail, no one
owns nor control the system of Bitcoin. Even the group and person
behind it still remain a secret, only the pseudonym Satoshi
Nakamoto is has been introduced to public.
10. 7
To have a Bitcoin on hand you have to sign up for an online wallet
first. Yes, a virtual wallet for a virtual money, there are sorts of
online wallets you can sign-up for and they’re all free to use. Next is
to buy a bitcoin directly from other people using marketplaces
online, but you can also use digital currency exchanger like
Coinbase, Kraken, Bitstamp, CEX.IO and BitFinex. Most exchanger
requires to connect any of your cards or bank accounts to make a
purchase. You can now go to the exchange’s buy section and select
the amount of bitcoin you want to buy. Bitcoin changes its value
from time to time, it can increase or decrease value – no one knows.
Bitcoin has a public ledger called ‘Blockchain’, which serves as a
record for every Bitcoin transaction. The blockchain has a growing
list records called blocks that is secured by cryptography, once the
block has been recorded they can’t be altered anymore.
Bitcoin can be used in purchasing goods, sending money, travel
booking online, and buying digital products – by this, transactions
are made with no middle man, meaning no banks involved at all.
2. Ethereum
In 2011 a programmer named Vitalik Buterin from Toronto first
grew interest on Bitcoin. Buterin, 19-year-old at that time have co-
dounded the online news website Bitcoin Magazine, and wrote
hundreds of articles about cryptocurrency world. In the year 2013
Buterin have released the white paper. Which describes an
alternative platform designed for any decentralized application a
developer wants to build. The system was then called Ethereum, just
like Bitcoin, Ethereum is also a distributed public blockchain
network. Though there are some technical differences between the
11. 8
two cryptocurrency, because in Ethereum, miners work to earn
Ether instead of mining. Ether is a piece of code that allows the
program or application to run – no one owns Ethereum, but its
system supporting its function isn’t free. Unlike Bitcoin, Ether
doesn’t have a cap limit, in fact, 13 million Ether are mined per year.
In order to buy an Ether, you need to find online or a person who
has it and at the same time wants to trade it for cash. There is also
another option if you want to have an Ether on hand, some try to
purchase a bitcoin first from trusted bitcoin exchangers then trade
it for Ethereum.
3. Litecoin
This cryptocurrency is also generated by mining; it was created by
Google’s former engineer Charles Lee in October 2011. Litecoin is
created to enhance the speed of mining from the opposed time 10
minutes to 2.5 minutes when generating a block. The said online
currency has faster transaction than bitcoin because it uses “scrypt
algorithm”, which favors large amount of high-speed RAM that’s
why scrypt is being called as the ‘memory hard problem’. Just like
Bitcoin, the Litecoin has also its limit of 84 million coins and a
market cap of $540, 274,528.26.
Litecoin can handle high volume of transactions
Reduces double-spending attack
Fast confirmation especially for merchants
Here is a step-by-step video course showing you how to get started
with cryptocurrencies even if you know nothing about it.
12. 9
4. Ripple
What is Ripple? Is Ripple same as Bitcoin? Well, it’s a big NO. Ripple
is a currency exchange and remittance network that uses a common
ledger managed by a network and is validated by independent
servers. The Ripple Labs, a global money transaction firm which is
former OpenCoin, was co-founded by CEO Chris Larsen and CTO
Jed McCaleb who is well-grounded in digital currency. Jed McCaleb
is currently handling the majority Bitcoin trades in the world. While
Larsen used to be the co-founder of the financial company E-LOAN
– the rest of the Ripple developers also have a background in
Bitcoin. Ripple is based on shared public database – a big difference
with Bitcoin that is generated by energy and computing intensive
proof of work. Ripple is doesn’t use the blockchain technology, the
companies goal is to keep the money flowing freely.
5. Dash
Dash was first launched as Xcoin, then changed its name into
Darkcoin, and in 2015 the Darkcoin has been rebranded into Dash,
which is now the 6th biggest cryptocurrency in the world. Dash is a
peer-to-peer cryptocurrency that was forked out from Bitcoin
engaging to a faster and more private transactions. Dash is the first
to have a decentralized blockchain governance system, just like
many cryptocurrencies Dash is also trying to solve some of the
Bitcoin’s inconveniences. It provides faster transactions and more
anonymous service to its users. Dash transactions are made within
4 seconds, far from the transaction process of Bitcoin which usually
takes 10 minutes to finish. Dash is also earned by mining, just like
Bitcoin.
13. 10
6. Monero
Monero is a cryptocurrency that has the most anonymity when it
come to their transactions made. It is a secure and untraceable
currency system that uses special kind of cryptography for a 100%
unlikeable transaction. The Monero receives high-level of
popularity due to its privacy oriented features after it was launched
in 2014. The mining process used by Monero is based on Egalitarian
concept.
7. IOTA
The cryptocurrency IOTA is very much different from majority
online currencies – it’s designed for machine but can’t be mined.
IOTA stands for ‘Internet of Things Application, it addresses the
scalability issues of blockchain and the transaction fees at the same
time by getting rid of the block and chain. The mechanics is to
simply verify two previous transactions, in order to submit it to the
IOTA ledger. The total supply of this coins are fixed into
2,779,530,283,277,761 coins. Miners doesn’t have to power-up the
network and there is no central ledger for this cryptocurrency.
8. Zcash
Zcashis launched by Roger Ver, Barry Seibert, and the Pantera
Capital in October 28 2016.Zcash is a decentralized and open-source
cryptocurrency, it uses a special secured network called ‘zk-snark’.
This special feature allows the network to maintain and secure the
ledger without disclosing the amounts in every transaction.
14. 11
9. Stellar
Jed McCaleb the co-founder of Ripple is the founder of this Stellar
Cryptocurrency, which is also a payment technology. Stellar is
almost the same as the other payment technologies – a
decentralized server runs the network with a distributed ledger the
is updated every 2-5 seconds. It does not only depend on miners,
instead it uses Federated Byzantine Agreement (FBA) Algorithm,
which helps for a faster transaction.
10. NEM
NEM is launched in March 31,2015 as a peer-to-peer cryptocurrency
and blockchain platform, written in Java and C++ programing
language. NEM stands for ‘New Economy Movement’, unlike most
cryptocurrencies NEM have its own consensus algorithm. This can
prevent attacks against the network and all the trasnactions made.
NEM aims to create a smart asset blockchain, which can perform
heavy workloads.
11. NEO
NEO is the first decentralized and opensource cryptocurrency in
China, which was founded by Da Hongfei. Neo is a cryptocurrency
and blockchain platform at the same time, it was launched in 2014
as ‘Antshares’ and debranbed last June 2017 as ‘NEO’. Neo can
support 10,000 transactions per second – using the Byzantine Fault
Tolerance (Dbft) consensus mechanism.
12. TRON
This cryptocurrency was first introduce in September 9, 2017, and
was founded by the TRON Foundation – a non-profit organization
15. 12
from Singapore. Tron is also a decentralized open-sourced
cryptocurrency, but has a feature of an application. Tron’s
technology is a storage facility that allows users access content in
every part of the world, without any assistance from Google Play
Store. It also allows content creators to earn from sharing their
content.
13. Steem
Steem is a blockchain-based social media platform where you can
earn rewards. It was launched in July 2016 and currently has 70,000
users, from then Steemit has grown considerably. Steem is very
much different than the other cryptocurrencies, it has a built-in
inflation of 100% annually without any coin limit. Steem supports
online communities and even social media platforms by giving
rewards through virtual currency.
Here is a step-by-step video course showing you how to get started
with cryptocurrencies even if you know nothing about it.
16. 13
Chapter 3
Why Growing Numbers People Invest in
Cryptocurrency?
Nowadays many people are deciding to invest with cryptocurrency. The
reason behind this is that there is no required amount or papers to invest
some of your money. Any amount will do for investment, unless you want
to invest a bigger amount to have double or triple profit from it. Booming
graphs of cryptocurrencies price attracts many individual to go for it.
Cryptocurrencies rise and drop from time to time – if you invested
thousands at this very moment and have it back in millions in the next 4-
5 years. There is also a possibility of losing the money you have invested
so make sure to invest what you can lose.
Bitcoin, one of the most popular cryptocurrency in the world has driven
many investors and traders in the past years. Many traders invest for this
coin not just because it’s the top crypto of the millennium, but because it
is the most profitable one. If you are deciding to invest with this kind of
industry, know the pros and cons first before doing so.
Advantages
Easy Access- Cryptocurrency is available in public and can be use
by everyone. Investors all over the world can easily access because
of the decentralized operation. Payment transactions has been made
easy, while in a traditional payment system there is always a broker
adding fees for every transaction you make.
Private- With cryptocurrency, you don’t need to share your
personal information or the details of every transaction between you
17. 14
and the beneficiary. All of the transactions are secured with the use
of ‘Cryptography’. Once a cryptocurrency transfer has been verified,
it can’t be reverses or charge-back, this protects the users from fraud
and hacking.
Lower Fees- Unlike when using a credit card you need to pay for
an interest, with cryptocurrency charges and fees will never be a
problem. All you need to do is make a research on what is the best
wallet to use that matches the kind of cryptocurrency you are using.
This can also be a major advantage for travelers.
Mobile Payments- If you are worrying about exposing all of your
personal identification when purchasing online using your cards
and bank accounts, well cryptocurrency just made it right for you.
You can easy do payments and purchase to online stores without
providing any personal information through the internet or
recipient, only your wallet address will be visible to them. You can
do all of these transactions using your mobile phone.
Disadvantages
Price Volatility- The volatility of cryptocurrency is the main
disadvantage you to be considered. Volatility is the risk level of the
instrument where price is measured. So, investing in Bitcoin or any
other online currencies is very risky, because the value of your
money exchanged with them has no assurance. It can rise up to
millions or maybe billions but it can also go to zero, no one can tell
because no one controls it.
Possible Government Interface- The government cannot take
your coins, but they can do such actions if they will decide to ban all
those cryptocurrencies in a certain country. If the government will
18. 15
force online wallets and companies to shut down all your Bitcoins
etc… will be freeze and it will be a hard time to access them.
No Refunds- Refund is a No when using cryptocurrency especially
Bitcoins – for instance you buy some product online and the
merchant failed to deliver your purchased items, you cannot ask for
a refund trough Bitcoins. Some cryptocurrencies such as Ripple
have provided chargeback option, but this will never exist on
Bitcoins.
Best Cryptocurrency to Invest
1. Bitcoin- Despite of all the problem encountered by Bitcoin, it still
remains as the number 1 choice for investing in cryptocurrency.
With a market cap of $134 billion, Bitcoin still stand as the biggest
cryptocurrency in the world. This cryptocurrency works as a store
and payment system at the same time, letting users easily send and
received payments online. Bitcoin has been in the market for 9
years, and no one can easily break the weakness of this ingenious
invention.
2. Ethereum- Ethereum has established itself as the second larger
cryptocurrency in the world for the past couple of years. In fact,
there are now millions of people who are holding this kind of virtual
currency. The ability of Ethereum to be second in the list can be its
strength for raising a higher value in the near future.
3. Litecoin- This coin is one of the oldest cryptocurrency circulating
in the market now. It has an advanced feature of security, storing
data, and transaction time. Litecoin shows a beautiful growth like
19. 16
Bitcoin, no one knows maybe in a couple of years this
cryptocurrency will draw a very high value in the market.
Chapter 4
How Cryptocurrency Affects Our Daily Life?
In the past years of our lives we often do transactions in a traditional way
of going to the physical store, bank, and payments outlet just to do so. But
when that internet world provided the convenience out of its most, even
sending money and buying goods can be done while at home in just a few
click. Now, the paper bills and noisy coins also have their perfect version
online, and its non-other than the cryptocurrency. This Virtual money
have made us lazy, yeah this is true – many people are not contented using
credit cards and debit cards when paying goods and services online. They
are now pushing the reality of using cryptocurrency with its feature of fast
and anonymous peer-to-peer payment system. Some cannot just wait for
hours to verify all of their transactions that why they give this
cryptocurrency innovation a big try.
Did you know that some people also make cryptocurrency as a source of
income? Yes, many people working at home have tried the trading and
investment capability of online currency. As it gets profitable every second
due to price hike, and all you need to is watch over and monitor the graph
rise and fall for your money. In general, cryptocurrency have built a virtual
version of the actual money; lowering the fees and making every
transaction as fast as lightning.
Can it change our lives?
Well, maybe if you invested such Bitcoins way back 2010, then probably
you’re a billionaire today. As a matter of fact, way back 2010, a
20. 17
programmer Laszlo Hanyecz offer 10,000 Bitcoins he’d mined in
exchange of two boxes of pizza, what’s more surprising about this is how
rich you’ve think the seller of the pizza which is paid with Bitcoins. To tell
you the truth, the pizzas are now 7 million dollars in price. So definitely it
a big YES on how cryptocurrency changes one’s life.
Cryptocurrency let people live with less hassle and long lines for payment
transactions, and it could even make someone rich while just sitting and
watching your investments grow. But some people tend to have bad
experiences about this innovation, especially those who get scammed for
buying such virtual coins online.
Characteristic of Cryptocurrency
Volatility- Cryptocurrencies value are very volatile, mean to say it has
unstable value. Bitcoin is also prone to hacking, in 2014 Bitcoin price fell
about by 23%.
Security- Most cryptocurrencies use wallet s which are hardware and
software that stores addresses for receiving virtual currencies. Wallets
that are kept online with exchanges ability tend to be the prime targets of
hackers. For a safer storage it is suggested to use an external hardware
that can store all your precious coins with high security features.
Decentralized- A lot of cryptocurrencies are built-in with blockchain
technology. This means that they are decentralized and run on several
computers. Cryptocurrencies are not owned and controlled by anyone
even the government has no involvement in this innovation. Both
Ethereum and Bitcoin are equally decentralized, this is because of the
concentration of the data and mining pools responsible for the hash
21. 18
capacity. Anyone who makes transaction and mine bitcoin and other
currencies can actually be a part of the network.
Transparent- All the transactions and exchanges done into the network
are visible anonymously in the blockchain ledger. Anyone can see what is
happening with the virtual currencies especially the bitcoin. So if you have
a bitcoin address, anyone will be able to see how much bitcoin is in your
wallet.
Anonymous- Cryptocurrencies are considered anonymous, because of
its feature that only wallet addresses are visible into the eye of the public.
No one can even tell who owns a certain bitcoin wallet – the most
anonymous virtual currency nowadays is the Monero, which is closely
followed by Dash, Zcash, Vertcoin, Verge and Ether.
Here is a step-by-step video course showing you how to get started
with cryptocurrencies even if you know nothing about it.
22. 19
Chapter 5
The Future of Cryptocurrency
Cryptocurrency can face good and bad changes in the near future just like
any other technology innovation. Some said that due to its volatility, a
computer crash can turn the precious virtual coins into bubbles, while
some expect the value to rich billions of dollars. Since cryptocurrency has
no government and rules to follow we cannot say that is perfectly safe
because of its anonymity when it comes to transactions mad. As there are
no rules and security from the government, cryptocurrencies are more
prone to hacking attacks and fraud.
If you’re an individual who wants to invest with these virtual currencies
with high risk of volatility, make sure to invest the amount that your
pocket can lose. As there was no assurance if in the next days or even
seconds, the value of your investment still remain the same. Maybe you
can be as lucky as the person who accepted bitcoin as in exchange of pizza,
but there is always a possibility of losing all your investment in just a wink
of an eye.
Bitcoin, the most popular cryptocurrency already has a good prediction
from some enthusiast. Some says that it will surpass into $100,000 in the
mid of 2018, while other prediction says that this will be the year where
bitcoin soar to drop.
Here is a step-by-step video course showing you how to get started
with cryptocurrencies even if you know nothing about it.
23. 20
1. Bitcoin $10,757.00
2. Ethereum $896.26
3. Ripple $0.971487
4. Litecoin $224.21
5. Neo $142.85
6. Monero $306.91
7. Cardano $0.339653
8. Stellar $3.60
9. TRON $0.042737
10. NEM $0.404624
11. Zcash $ 417.53
12.IOTA $1.92
13.Dash $ 643.23
What is Blockchain?
Blockchain is an ingenius innovation from an unknown group or person,
hiding in a pseudonym Satoshi Nakamoto. Blockchain technology is
considered as the backbone of the new internet world. Blockchain is
considerably a public ledger for every Bitcoin transaction made, this is
where miners record the block solved using algorithms. Cryptocurrencies
are encrypted – to process any transaction means solving a complicated
math problem.
Primarily, blockchain verifies every transaction, and this record is cannot
by altered by anyone. When it comes to money people have to trust third-
party to be able to complete a transaction, but now the traditional
involvement of a middle man has gone through cryptocurrency. The
blockchain made it possible, removing the middle man in every
transaction you will be doing online. With the use of Math algorithms and
24. 21
cryptography, blockchain can provide open decentralized database of
every transaction involving value. The uses of blockchain technology is
endless, and third party organizations may no longer necessary.
Just like other technology inventions, cryptocurrencies have also their
downsides, but as long as they provide good outcome and makes the daily
life of a human more productive and efficient it will always be a part of the
good technology improving life of every human. For those who are
planning to join mining ventures and investment through different
currencies revolving online, make sure to make a simple research first to
fully understand the mechanics and how risky it is to invest in this kind of
venture. Many people nowadays are grabbing all the possible
opportunities they can get to lessen money spending and multiply their
money to the most convenient and easiest way. But then again always
remember that every innovation doesn’t always run smooth, there will be
a lot of rough roads to make such improvements. Like the bitcoin and
other currencies online which are very volatile at this period of time, but
no one knows maybe in the near future innovators can find way to resolve
this downside of cryptocurrency. Whoever is the intelligent mind behind
this cryptocurrency, thanks to him/her or even them, because in the first
place the double spending issues have been cured forever.
Here is a step-by-step video course showing you how to get
started with cryptocurrencies even if you know nothing about it.