Sithum Chathumina
Bio
I am an experienced cryptocurrency trader and I am an expert in trading
Stories (230/0)
Ethereum second biggest cryptocurrency to cut energy use by over 99%, but the industry still has a long way to go
Digital currencies utilize an eye-watering measure of energy. Ethereum, the world's second-biggest digital currency, utilizes an expected 78 terawatt long periods of power every year, equivalent to the power utilization of Chile.
By Sithum Chathumina2 years ago in The Chain
Does anonymity mean criminality Bitcoin feels Liberty Reserve pressure?
The closure of online money trade Freedom Hold and the capture of its President and organizer Arthur Budovsky might not have amazed some in the security business. The organization didn't need its clients to lay out their personalities and further eliminated themselves from direct contact by tolerating withdrawals and stores just through outsider intermediaries.
By Sithum Chathumina2 years ago in The Chain
Desperately seeking Bitcoin’s Satoshi Nakamoto
In 2008, somebody calling themselves Satoshi Nakamoto posted a paper depicting the operations of what might turn into the world's most significant computerized cryptographic money, Bitcoin. After two months, he posted the code for the principal adaptation of the product that would permit individuals to make and trade cash.
By Sithum Chathumina2 years ago in The Chain
The demise of Mt Gox exposes the shaky foundations of Bitcoin
The Mt Gox Bitcoin trade, the most high-profile market for online cash, has suspended exchanging on its frameworks. It shut down on 24 February subsequent to taking note of "surprising action" and is yet to return.
By Sithum Chathumina2 years ago in The Chain
Blockchain could challenge the accepted ways we shape and manage society
In a couple of years, the computerized cash bitcoin has risen up out of the shadows to become something bantered by legislators and considered by financial experts. Presently it is blockchain, the innovation that makes bitcoin conceivable, that is having its second in the sun: the UK government's Central Researcher Sir Imprint Walport spread out a potential job for it in conveying public administrations.
By Sithum Chathumina2 years ago in The Chain
Bitcoin’s blockchain could revolutionize more than just how we do business
Endeavors to make sense of Bitcoin and digital currencies, as a general rule, have commonly centered around how they are both another type of cash as well as a test of existing types of cash.
By Sithum Chathumina2 years ago in The Chain
NFTs WWF tried raising money with digital art but backtracked
Most web-based pictures are only a right-click away from being in somebody's very own assortment. They're free, essentially. So it's extreme for a noble cause to gather pledges with them. That is, until 2017 when non-fungible tokens, or NFTs, went along. Not at all like customary bits of advanced media, NFTs can't be so effectively replicated. Furthermore, however long they have existed, there has been protection noble cause involving them for raising support.
By Sithum Chathumina2 years ago in The Chain
Bitcoin ruling still doesn’t answer which country has the right to tax
It's been around a long time since bitcoin arose internet, professing to be the world's most memorable computerized cryptographic money. Bitcoin capabilities as a type of computerized cash; truly, it is an innovation, that utilizes cryptography to guarantee the legitimacy of exchanges and occasionally creates new bitcoins. Bitcoin has developed into an industry now worth more than US$6 billion.
By Sithum Chathumina2 years ago in The Chain
After Bitcoin, are you ready for the next generation of cryptocurrencies?
The Bank of Britain accepts that cryptographic forms of money like Bitcoin could be enormous information and the even UK chancellor George Osborne is tweeting about it. Yet, noticing the detail in the national bank's comments is significant. It is looking at shaping its own computerized monetary standards in a pattern that could yet see Bitcoin take a secondary lounge later on it assisted with making.
By Sithum Chathumina2 years ago in The Chain
Cryptocurrency-funded groups called DAOs are becoming charities – here are some issues to watch
Digital money is turning into a more natural method for paying for things. One choice is as a feature of a group, through a decentralized independent association. In this generally new sort of gathering, likewise called a DAO, choices, and decisions are represented by holders of one sort of digital money tokens, like Ethereum or bitcoin. DAOs additionally use "brilliant agreements" that go with choices through web-based votes by all members who wish to show up and different types of computerization.
By Sithum Chathumina2 years ago in The Chain
Cryptocurrency, NFTs, and the metaverse threaten an environmental nightmare
As worries rise and hearings are held in the US about the digital currency industry's impact on the climate, now is the ideal time to address blockchain's unfortunate supportability record. The main port of call ought to be changing how exchanges on the blockchain work - a move that could cut its energy utilization by 99.99%.
By Sithum Chathumina2 years ago in The Chain