More than a decade ago, an obscure person or group named “Satoshi Nakamoto” unleashed upon the world a digital currency that in its short lifespan, has become a global movement. Within a couple of years of its release, Bitcoin (BTC) started to inspire individuals who saw the potential in cryptocurrency and sought to start similar projects.
Back in the year 2008, a global economic catastrophe brought the world economy on its knees and completely toppled the trust of investors from the centralized financial system. Greedy capitalism had made the entire world pay and it was a great time for something as unprecedented as a new concept that puts back the control of money in your own hands to evolve. That’s what the white-paper that was written by Satoshi Nakamoto, the father of decentralization and cryptocurrencies brought for the world. There was a significant turn-around in the way people had started seeing money ever since then. From ordering a pizza with more than 20,000 to 30,0000 BTC due to its low fair-market value to witnessing an exponential rise in demand of cryptocurrencies as their prices skyrocketed with people understanding its potential.
Cryptocurrency makes use of various types of the algorithm for handling the various blockchain issues. Proof of stake is one such algorithm that is being used by various blockchain protocols. So here we are going to take a look at what is proof of stake algorithm and what type of the problem it solves for the blockchain.
Cryptocurrency refers to the digital currency that utilizes cryptography technology for maintaining security. Using cryptography makes it really hard to counterfeit the coins or steal them. Along with this, there is a disadvantage that you might face. The difficulty is that it is nearly impossible to pass on after buying crypto. There is no guarantee on how long Bitcoin will be present in the crypto markets. But if BTC stays for long, then it would probably last you for the longest time.
More than 100 speakers slated to appear
Opportunities to win free cryptocurrency, other prizes
Over 60 sessions, panels, workshops and roundtables
Since the financial industry’s revolution into the digital world, the mode of currency has also changed. Cryptocurrency -- a digital currency or asset -- is becoming more common than ever. Digital currency has its pros but it has also led to an increase in fraudulent activities in the financial industry. This is why the need for advanced verification solutions such as video KYC has risen. It is a process of verifying the identity of the person through an interview with a KYC expert on a live video call. Let’s discuss in this blog how video KYC plays a key role in stopping the use of cryptocurrency in criminal activities.
It’s been another week at the speed of crypto as developments in the space continue to unfold rapidly. During episode 127, “Upland Brings Virtual Gaming to Blockchain,” Wild West Crypto Show hosts Drew Taylor and Brent Bates caught up with Dirk Leuth and Ronnie Moas.
Let's face it, content creation is hard. It's not easy to sit in front of computers for hours and produce quality videos, audio & text content. On the top of that, adblocker industry is eating up the content creators revenue.
Untraceable’s annual gathering on tech-savvy futurist approaches to the marketplace will resume in November with a virtual, COVID-19-conscious format
Registration is free this year and includes opportunities for gamification based on raffle drawings
Speakers this year include bitcoin pioneers and CEOs of industry-disrupting enterprises
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.
Universal Basic Income is crucial for driving a more prosperous future. Individuals should not have to work tirelessly just to survive. There are some people who disagree with this view. I won't get into the ethics of the issue. Instead, the view that I propose here is merely practical. Creating a basic foundation will improve economic output. People will be able to spend their time improving themselves and the world, rather than struggling to survive.
Decentralized cryptocurrency loan platform 'Lendf.Me' suffered a security breach earlier this year, around $25 million worth of cryptocurrency was stolen.