With the popularity of cryptocurrencies, most people are now interested in buying crypto coins. Despite many articles, videos, and information available on the internet, many people are still not sure how to buy and store their cryptocurrencies.
This week, on episode 126 of the Wild West Crypto Show, hosts Drew Taylor and Brent Bates welcomed Michael Beches from Vienna. The Austrian, who is growth manager of AI blockchain startup VAIOT, was the first guest on the show, followed by the familiar face of Jonathan Keim, communications director of CryptoCurrencyWire.
Litecoin is one of the first Bitcoin forks which were launched in late 2011 by former Google and Coinbase engineer Charlie Lee. To create this crypto, Lee copied the Bitcoin codebase, increased the total supply, and increased the speed at which new blocks are added to the blockchain. It was mainly constructed as a lighter alternative of BTC, but a faster and scalable one. Additionally, LTC encryption techniques are used for two critical features:
Regardless of the fact that most of the people around are yet to understand the whole mechanism behind crypto currency, the development is positively taking the world towards a highly developed digital economy in times to come.
Monero (XMR)- a fork of Bytecoin is a secure, private, and untraceable digital currency that is built on the Cryptonote protocol using Ring Signatures. Proof of Work (PoW) mechanism called CryptoNight issues new coins that provide incentives to miners for securing the network and validating transactions. Originally launched in April 2014 as BitMonero, Monero aka XM is called a privacy coin because it has inherent privacy features. Unlike most other famous blockchains, Monero’s blockchain is designed as opaque where no one else can see the account’s balance or history of transactions.
Litecoin (LTC), which is known as the silver to gold of Bitcoin, has become a big cryptocurrency since 2018. Litecoin, or "LTC," is the world's second most popular cryptocurrency after Bitcoin and the third most valuable cryptocurrency overall.
It was another week at the speed of crypto, as episode no. 125 of “The Wild West Crypto Show” got underway. Broadcast from Kerrville, Texas, the weekly review of all things crypto is designed to entertain and educate, as well as keep viewers abreast of the latest developments in the space. Hosts of the show, Drew Taylor and Brent Bates, kicked off the show with a reference to Run of the Unicorns, a gathering to promote Kentucky’s business-friendly environment, particularly for tech start-ups. Andrew Prell, the event creator, was the first guest on the show.
If you have been closely following the news you probably know a thing or two about Bitcoin. You might even be a Bitcoin investor. Whether or not you have invested in Bitcoin or you plan to do that in the future, you need a bitcoin wallet where you will store your hard-earned bitcoins.