Cryptocurrency Arsip

Know What is Cryptocurrency?

Cryptocurrency is an asset or digital currency designed to work as a medium of exchange that uses strong cryptography to secure financial transactions. Blockchain technology in Cryptocurrencies includes Decentralization, Transparency, and Immutability. The most important feature of cryptocurrency is that it is not controlled by a central authority ( the Central Authority ). The decentralized nature of blockchain makes cryptocurrencies theoretically immune to old ways of government control and interference. Cryptocurrencies can be sent directly between two parties through the use of Private and Public Keys . These transfers can be made with minimal processing fees, allowing users to avoid additional fees charged by traditional financial institutions. How Do Cryptocurrencies … Read more

How Bitcoin Exchange Work?

Bitcoin exchange is a very important thing in buying and selling Bitcoin. Bitcoin exchange itself is a digital marketplace occupied by traders who can buy and sell their Bitcoins using different fiat currencies or altcoins. This Bitcoin exchange is in the form of an online platform whose job is to act as a third party or intermediary between the seller and the buyer, or it can be said as a marketplace . The services on Bitcoin exchanges are generally for selling, buying, storing and transferring crypto assets. As in conventional stock exchanges, in this Bitcoin exchange , buyers and sellers can choose which products they will submit transactions to. Merchants … Read more

6 Factors Determine Bitcoin Price

On this occasion we will share about the factors that affect the Bitcoin price. Traders must know what factors affect the price of bitcoin. Let’s see this article until the end to understand better in trading bitcoin and other cryptocurrencies Unlike investing in traditional currencies on stock exchanges, Bitcoin is not issued by a Central Bank and is not backed by the government. Therefore, monetary policy, inflation rates, and the usual measures of economic growth that affect the value of a currency will have no effect on the price of Bitcoin. But that does not mean Bitcoin is safe, in … Read more

Mining Pool Definition and How it Works

Mining Pool is a term for a combined group of miners in the crypto world. They combine computing resources over the network, strengthening the possibility of finding blocks or successfully mining cryptocurrencies. How Do Mining Pool Work? Each individual who joins the mining pool contributes their processing power in an effort to find blocks and solve mathematical problems in them in order to get crypto tokens. If successful, usually the reward they get is in the form of cryptocurrencies that are mined. The amount of prizes or rewards received by each individual depends on their contribution to the mining pool environment. The contribution … Read more

Causes of the Bitcoin Revolution

Bitcoin is the name of the best and most popular cryptocurrency ( Cryptocurrency) today, just like the Euro for countries in Europe. But unlike the Euro and US Dollar which are in the form of paper money / coins, Bitcoin is digital (without physical form) and decentralized (not related to third parties eg banks). It only exists in the digital world and is in the form of computer code. What is Cryptocurrency? In a simple sense, Cryptocurrency can be interpreted as Cryptocurrency . But it can also be defined as a medium of exchange for Bitcoin. It’s the same as paper or coins for fiat currency (Euro / USD). … Read more

DApps, Future or Temporary Trend?

Recently, the popularity of dApps as blockchain applications has received great attention from blockchain users. But is the use of dApps capable of becoming the future of decentralized application development or is it just a trend? How many applications are already installed on your mobile phone? Every time you install an application, of course there are terms conditions that you can actually read. But believe me most of us will only approve all access to these applications on our cellphones. Even though there are many applications that can take some of our personal data, such as addresses, emails, names, GPS, and can even … Read more

What is Distributed Apps (DApps) ?

We will discuss about DApps/ Distributed Apps. When we talk about an application, it is very easy to imagine the applications that exist on the gadgets that we have. Application or some of us know it as software. More specifically, the application is software with a specific purpose. Today there are tons of apps available, from mobile apps as well as on PCs or other devices. Almost all of them are centralized applications, or use a centralized server model. Then, during the current development of blockchain, crypto currency users began to talk about Decentralization Apps. Difference Between Distributed, Decentralized and Centralized … Read more

4 Tips for Safe Investment Cryptocurrency

In modern times, the cryptocurrency assets a debate among investors, even attracted the attention of young children. For those who are new to this, they will definitely find out how to invest in crypto as a new payment system. Research shows most people often hear about what crypto is but don’t fully understand. Quoting the Kaspersky page , in short, cryptocurrency is a digital payment system that does not rely on banks to verify transactions. It is a peer-to-peer system that allows anyone and anywhere to send and receive payments. Here are four safe tips for investing in cryptocurrency. 1. Research exchange The first step you have to do is make sure … Read more