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4 How to Earn Your Cryptocurrency in Easy Steps

Okay, so that’s cryptocurrency, bitcoin!

There is a lot of hullabaloo about the boom created by virtual currencies, and information has been uploaded on the internet about how you can make more money by investing in these currencies. But have you ever thought how cool it would be if you could create your own cryptocurrency?
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You never thought, right? It’s time to think, because in this article we will present you a four-step guide to creating your own cryptocurrency. Read the post and then see what you can do for yourself!

Step 1 – Community

No, you don’t need to build a community like yours when you plan to lead social media. The game is a little different here. You need to find a human community that you think will buy your currency.
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Once you’ve identified a community, it’s easier for you to meet their needs, so you can work toward building a stable cryptocurrency instead of going the straw way with what you want to achieve.

Remember, you are not here to be a part of the spectator sport – you are inside to win it. And, having a community of people who want to invest in your currency is the best way to do it!

Step 2 – Code

The second important step is to code. You don’t have to be a master coder to create your own cryptocurrency. There are many open source codes out there that you can use.

You can even go ahead and hire professionals who can do the job for you. But keep one thing in mind when coding – explicit copying won’t get you anywhere.

You need more than luck to succeed in affiliate business. It has to be innovative enough to create waves in the market. That’s why just copying the code isn’t enough to stay on top of the cryptocurrency game.

Step 3 – Miners

The third and most important step in this process is to include some miners who can actually earn your cryptocurrency.

This means that you need to have a certain group of people who are related to you and spread information about the currency in the market. There should be people who will raise awareness about the currency.

This will give you a start. And as they say – well started, half finished; Miners can ultimately lay the foundation for a successful journey for your cryptocurrency in increasing competition.

Step 4 – Marketing

As part of the job here, you need to contact the merchants who will eventually trade the virtual money you set up.

Simply put, you have to sell these coins on the battlefield where real people want to invest in them. And this is by no means an easy skill.

You need to earn their trust by saying that you have something to offer.

How can you get started? The best way to sell your money first is to identify the target audience who knows what cryptocurrency is.

After all, there is no point in trying to sell your goods to people who do not even know what cryptocurrency is.

The result

Thus, you can see that building a successful cryptocurrency involves being a less rigorous technique or an avant-garde coder than being more aware of market trends.

If you have such awareness, it’s time to bloom as the sun shines in the cryptocurrency slot. Go ahead and plan to build your own cryptocurrency by following these simple steps and see how it works for you!

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Bitcoin Cryptocurrency – Understand the Basics

It’s been more than a decade since cryptocurrency began to fascinate people on social media and especially on the Internet. Bitcoin has managed to become one of the best cryptocurrencies today, no one knows the exact origin of the currency, but in mid-2008 it appeared under the Japanese pseudonym “Satoshi Nakamoto”.
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So, what exactly is this Bitcoin Currency and why was it able to maintain its place in the financial markets. The reasons listed below can give an idea of ​​its popularity and provide evidence of its safe existence in the future.

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  • Bitcoin is the first decentralized digital currency.
  • Bitcoin is an independent floating currency that does not belong to any government or is linked to another currency to influence the economic indicators that regulate the value of traditional currencies.
  • With its growing popularity among the masses, it now has an increasing level of acceptance at all levels, for example, you can buy things directly with Bitcoin cryptocurrency and trade on different platforms like CoinBase, Bitfinex, Bitstamp, Kraken and more. .
  • All you need is a wallet and an internet connection to review your Bitcoin transfer.
  • In most cases, transfers are instantaneous.
  • Ease of operation with a few clicks on the Internet or your mobile phone.
  • Privacy is safe compared to other payment regimes on the Internet where your important information can be leaked and misused.
  • cheap flights

  • When transferring money using traditional methods, you have to pay for the volume of your transactions and more, these transfers are subject to special regional and state rules. Although trading in Bitcoin cryptocurrency does not require you to comply with any government regulations, you do not charge a large fee for transactions.
  • Because you are the only one who has access to your e-wallet, your coins are always with you and no one can steal your money. Thanks to the shared public book, the processes and operations are transparent, and anyone can confirm a transaction from anywhere in the world using the Internet at any time.
  • Another advantage of having a Bitcoin cryptocurrency wallet is that your account is not frozen.

Given the growing popularity and acceptability of the Bitcoin cryptocurrency, we can only assume that the future of Bitcoin is not bright enough and that this innovative payment method will remain.

How does cryptocurrency gain value?

Cryptocurrencies are the latest ‘big thing’ in the digital world and are now recognized as part of the monetary system. In fact, enthusiasts labeled it a ‘money revolution’.

Cryptocurrencies are, in a clear sense, centralized digital assets created by special computing methods, often referred to as ‘mining’, that can be exchanged between users without the need for a centralized body.

Acceptance of currencies such as the US Dollar, the British Lira and the Euro as legal debt, as provided by the central bank; digital currencies, such as cryptocurrencies, do not trust the public’s trust and confidence in the issuer. Thus, its value is determined by several factors.

Factors determining the value of cryptocurrencies

Fundamentals of Free Market Economy (Mainly Demand and Demand)

Supply and demand are key factors in determining the value of any value, including cryptocurrencies. Because if more people want to buy cryptocurrency and others want to sell it, the price of that cryptocurrency will increase, and vice versa.

Mass adoption

The mass adoption of any cryptocurrency can lower its price for months. This is due to the fact that the supply of many cryptocurrencies is limited, and according to economic principles, an increase in demand without a corresponding increase in supply will lead to an increase in the price of that commodity.

Many cryptocurrencies have invested in more resources to ensure mass adoption; some have focused on the application of cryptocurrencies to current personal problems and important issues in everyday life in order to bring them to the forefront in everyday life.

Fiat Inflation

If a Fiat currency such as the USD or GBP is inflated, the price rises and purchasing power decreases. This will lead to an increase in cryptocurrencies (let’s use Bitcoin as an example) in connection with this fiat. The result is that you can get more fiat with each bitcoin. In fact, this situation has been one of the main reasons for the rise in the price of Bitcoin.

History of Scammers and Cyber ​​Attacks

Fraudsters and hackers are the main factors influencing the value of cryptocurrencies, as they are known to cause wild changes in valuations. In some cases, the team that supports cryptocurrency can be scammers; they will undoubtedly hit the price of cryptocurrency to attract people, and when the hard-earned money is invested, the price is reduced by fraudsters and then disappears without a trace.

That’s why it’s important to be wary of cryptocurrency scammers before investing your money.

Some other factors that will affect the value of cryptocurrencies include:

  • Rules of conduct in which cryptocurrency is maintained, as well as its benefits, security, ease of access and cross-border acceptance

  • The strength of a cryptocurrency-supported society (including funding, innovation, and member loyalty)

  • Low-related risks of cryptocurrency accepted by investors and users

  • News

  • Market liquidity and volatility of cryptocurrency

  • Country regulations (including the ban on cryptocurrencies and ICOs in China and their adoption as legal tender in Japan)

3 Strong Grounds for the Digital Currency World – Cryptocurrency

Welcome to the world of crypto!

– A field of blockchain technology

– Cryptocurrency market

– Bitcoin payment system cabinet.

So here’s a trend or you can say “digital currency world” with a big move to go into the game.

If you avoid Bitcoin and cryptocurrency today, you will fall into a bad ditch tomorrow. In fact, the present and future of the currency, which does not know how to stop the steps. It has helped many people around the world since its inception.

Whether it’s Blockchain to record transactions, the Bitcoin system to manage the entire payment structure, or the Erc20 token wallet to set the rules, as well as the Ethereum token policy – everything goes hand in hand to new currency beams in the world.

Sounds great, doesn’t it?

Moreover, with the advent of such a successful currency regime, many companies like to be part of this game. In fact, everything is to help businesses or organizations get Blockchain technology or cryptocurrency without any hassle through a reliable Blockchain development company. These companies are developing this currency with a lot of information and potential and play an important role in the digital economy.

For just a nano-second, what will happen if we consider that cryptocurrency no longer exists?

Maybe time will counter-attack your thinking!

Bitcoin, first launched by Satoshi Nakamoto, was a colonial and an innovative digital currency that has evolved with a spectrum of good things since that initiative.

So the question arises – will the development of cryptocurrency or its creator cryptocurrency development company disappear or remain until the end?

In fact, it is impossible to predict the future, but we can say that the cryptocurrency or Erc20 or Blockchain or Bitcoin Wallet Development Company will have the same enthusiasm and passion to lend a hand to business verticals and organizations.

“Digital Currency is going to be a very strong thing,” said John Donahoe, a former CEO of eBay.

It is very accurate as time goes on.

In fact, there are some solid reasons for the success of this concept.

Fraud:

The blockchain is linked to the cryptocurrency. Thus, every transaction is recorded in this public book, avoiding fraud. And all identities are encrypted to overcome identity theft.

Erc20 pays attention to all rules and protocols, so the rules and commands are not violated. If you are inside, don’t forget to contact the Erc20 development company and develop according to the rules.

You are the sole owner:

There is no third party or other helper or any electronic system to evaluate what you are doing. Only you, as the parent can know for sure. Isn’t that a perfect concept?

However, the settlement is instantaneous and between you and the seller without any other breach. At the end of the day, you are rich.

You can easily approach:

The Internet has it all in your hands and at your fingertips. It plays an invaluable role in the digital currency market or exchange market. Instead of using traditional and time-consuming methods, you will have a better choice for currency exchange. And it’s a great way to get excited about cryptocurrency.

If you are a business owner and expect to meet cryptocurrencies in your area, always move forward with a determined shot. Approach a reputable dealer or cryptocurrency exchange developer, discuss everything with all the cards that are opened, and then hit the ball in court.

Cryptocurrency mining

Cryptocurrency mining is an endless game in this digital world. Bitcoin was the first decentralized currency introduced in the early 2000s. Mining cryptocurrency is a complex procedure for confirming transactions and adding them to the public ledger (blockchain). This book of past transactions is called a blockchain because it is a blockchain. Blockchain is used to confirm that transactions have taken place in the rest of the network. Blockchain is also responsible for the release of new bitcoins. Each of the many cryptocurrencies depends on the main idea of ​​the blockchain.

Mining process

Cryptocurrency was intended to be decentralized, reliable and unchangeable. Thus, each transaction is encrypted. Once a baked transaction has taken place, it is added to the point where the number of transactions is recorded, which is added to what many operations call a “block.” The block at that point is attached to a chain that is clearly open – the block chain. In mining cryptocurrencies such as Bitcoin, Dash, Litecoin, Zcash, Ethereum, and more, the miner must block the final transitions and create a difficult puzzle in terms of calculation. There are several online bitcoin mining sites. It has become a very popular way to make money.

Cryptocurrency is cryptographic, that is, it uses a special encryption that allows you to control the creation of coins and confirm the transaction. The block is very useless in its current form. However, after applying the algorithm to a certain block. After adaptation, the miner receives a few bitcoins. To earn bitcoin through mining, the miner must be technical. Bitcoin culture is very competitive for profit. The price of Bitcoin makes it difficult to make money without speculating on the price. The payment is based on how much their devices contribute to the solution of this riddle. The miners confirm the operations, make sure there are no lies, and hum the substructure.

The best coins for mining

Bitcoins are a good decision to start for miners who are making a shot on a small scale. Pre-prepared speculation and maintenance costs, as well as the scientific problem of the procedure, are not only productive for buyer-level devices. Currently, Bitcoin mining is celebrated for large-scale activities as well. Litecoins, Dogecoins, and Feathercoins are still three Scrypt-based digital currencies that have the best money-saving advantage for students. According to today’s Litecoin estimate, a male customer can earn anywhere from 50 cents to $ 10 per day using mining equipment. Dogecoins and Feathercoins will bring slightly less benefit with similar mining equipment, but are becoming more popular every day. Peercoins, at the same time, can be a fair saving for your time and vitality initiative.

As more people join the cryptocurrency wave, it can be even more difficult to make your decision, as more expensive equipment will be required to find the coins. You will either have to forcefully contribute to your chances of continuing to mint that coin, or you will have to take your income and switch to a less demanding cryptocurrency. Understanding the 3 main bitcoin mining strategies is most likely where you need to start; This article focuses around mining scrypt coins. Similarly, make sure you are in a nation where bitcoins and bitcoin mining are legal.

The purpose of mining

What is it like to be at the center of a mining cryptocurrency? The whole focal point of mining is to do three things:

1. Provide accounting administrations to the coin network. Mining is every minute of daily transaction accounting called ‘transaction verification’.

2. Receive a small reward for your accounting departments by accepting parts of coins every two days.

3. Keep your personal expenses low, including power and hardware.

Some basic conditions

A free custom database called a coin wallet. This is a password-protected container that stores your earnings and keeps a large record of transactions. A free mining software package similar to AMD usually consists of cgminer and layer. Register for a web-based mining pool, an association of mining workers who combine computers to increase profitability and wage stability. Register for an online money exchange where you can exchange your virtual money for regular cash and vice versa. A reliable full-time web connection, ideally 2 megabits per second or higher. A hardware installation location in your basement or other cool and air-conditioned space.

A work area designed for mining or a specially designed PC. You can actually use your current PC to get started, but you won’t be able to use your PC while the digger is running. A separate PC is ideal. Tip: Don’t use a laptop, game console or handheld device for me. These devices are simply not successful enough to generate a salary. A specialized processing device called an ATI graphics processing unit (GPU) or mining ASIC chip. The cost will be anywhere from $ 90 to $ 3,000 used for each GPU or ASIC chip. The GPU or ASIC will be the workhorse for accounting offices and mining operations.

Mining is a home fan to spray cool air on your PC. Mining generates significant heat, and cooling the apparatus is important for your well-being. Personal interest. You definitely need a strong appetite for reading and continuous learning, because there are constant innovations and new ways to improve coin mining are emerging. It takes several hours for the best coin miners to consider the most ideal ways to regulate and increase coin cultural performance.

Cryptocurrency Mining Profitability When you understand the mathematical problem, a steady amount of Bitcoins is generated. The amount of Bitcoins generated per block starts at 50 and decreases by half for every 210,000 blocks (about four years). The current number of Bitcoins per block is 12.5. The last bock halving took place in July 2016 and will be in the next 2020. Profitability assessment can be done using various online mining calculators. For example, the development of digital currency standards such as Bitcoin, Ethereum and Bitcoin Cash has led to great initiatives by companies, and this should help the market to develop significantly in the near future.

Cryptocurrency is a culturally intensive computational process that requires multiple computer networks to verify a transaction record, known as a blockchain. Excavators are offered a portion of the operating costs and are more likely to find another block with the help of higher computing power. These support operations help network customers provide enhanced security and provide the honesty that is believed to be a significant factor influencing the development of the global cryptocurrency mining market.

Here’s what you need to know about cryptocurrency trading bots

Is cryptocurrency especially interesting for you? Want to know more about the tools that will help you achieve the best trade? So it is better to take a look at cryptocurrency trading bots. Sounds interesting, right? It is not surprising that bots are used in cryptocurrency trading at a time when they are used almost everywhere. Let’s learn more about these bots and clarify the main points.

Cryptocurrency (or crypto) trading bots are computer programs that allow you to buy and sell cryptocurrencies at the right time. They aim to make a profit for their users and ensure that they have an advantage in the long run. Bots closely monitor market conditions and conduct trades based on predefined algorithms. It should also be noted that you are free to set your own parameters that will help you to carry out various trades. Such a program is able to respond almost a thousand times faster than a human – so there is no question of operational efficiency.

Crypto trading bots can be divided into many types. Among them you can find trendy boots, arbitrage boots and scalping boots. However, according to bitcoin.com, the most popular are referee bots.

Trend strategies are useful if you focus on trends after you are in the process of developing your strategies. These bots can follow trends and decide when it is profitable to buy or sell something.

Scalping programs make it easier for users to operate more efficiently in side markets. This means that ‘scalpers’ (as these users are often told) are able to buy something at a cheaper price and sell it at a higher price.

When it comes to arbitrage bots, they aim to make a profit by researching the prices on many stock exchanges and using the resulting price discrepancies.

If you have ever tried to implement cryptocurrency trading bots in practice, you need to think about which one can solve your business needs. Note that all bots have different software and hardware requirements. Consider all aspects before giving your opinion.

Once all the formalities are resolved, you can proceed to the installation procedure. In fact, you can get a trading bot that appeals to any of the following 3 options:

  • Get it for free through an open source platform;

  • Get a paid version of a licensed bot;

  • Create a trading bot (provided you have enough technical knowledge and skills).

After working out all the above details, you have probably formed an idea about crypto trading bots. Again, let’s remember all the advantages they have over people.

  • Speed: Undoubtedly, bots run a hundred times faster than humans

  • Endurance: bots can work 24/7 without interruption

  • Capacity: bots can process gigabytes of data per second

  • 100% objectivity: bots are not prone to any emotion. They just do what they demand.

However, many experts claim that in some cases it requires subjective thinking, and in this way people can be superior to heartless bots. However, these are individual cases, and given that bots create great opportunities, you will be better off if you prefer them.

As you can see, cryptocurrency trading bots are really very useful and multifunctional and allow you to make a lot of money. Remember that it is recommended that you research the features of the bots to give them a full game. And then you miss the chance to stand on your own two feet to take advantage of this genius technology.

Basics of cryptocurrency and how it works

In our time, technology has undergone an incredible development than ever before. This evolution has redefined human life in almost every way. In fact, this evolution is a continuous process, and thus human life on earth is evolving day by day. In this regard, one of the latest receipts is cryptocurrencies.

Cryptocurrency is nothing more than a digital currency designed to enforce security and anonymity in online money transactions. It uses cryptographic encryption to both create currency and authenticate transactions. New coins are created by an operation called mining, and the operation is recorded in a public book called the Operating Block Chain.

Small background

The evolution of cryptocurrency is mainly related to the virtual world of the web and involves the procedure of encrypting readable data into a code, which is almost undisclosed. This makes it easier to track purchases and transfers that cover the currency. Cryptography has evolved in World War II, from the day it was introduced to communication, in this digital age, mixed with mathematical theories and computer science. So now it is used not only for communication and data, but also to provide money transfers over the virtual website.

How to use cryptocurrency

It is very easy for ordinary people to use this digital currency. Just follow the steps below:

  • You need a digital wallet (to store currency openly)
  • Use your wallet to create unique shared addresses (this allows you to buy currency)
  • Use common addresses to transfer money to or from your wallet

Crypto currency wallets

A cryptocurrency wallet is nothing more than a program that can store both private and public keys. In addition, it can interact with different blockchains, so users can send and receive digital currencies and leave a mark on their balances.

How digital wallets work

Unlike ordinary wallets that we carry in our pockets, digital wallets do not store currency. In fact, the concept of blockchain is so cleverly mixed with cryptocurrency that currencies are never kept in one place. Nor do they exist anywhere in money or physical form. Only the records of your transactions are stored in the blockchain and nothing else.

A real example

Suppose a friend sends you a digital currency, say in the form of bitcoin. What this friend is doing is transferring ownership of the coins to your wallet address. Now you can unlock the fund whenever you want to use that money.

To unlock the fund, you must match the private key in your wallet with the public address where the coins are assigned. Only when both private and public addresses are compatible will credit be credited to your account and the balance in your wallet swell. At the same time, the balance of the sender of digital currency will decrease. In the case of digital currency transactions, there is no real exchange of physical coins.

Understand the cryptocurrency address

By its very nature, it is a general reference to a unique symbol. This allows a user or digital wallet holder to receive cryptocurrency from others. Each generated public address has a corresponding private address. This automatic matching proves or identifies the ownership of a common address. As a more practical analogy, you can think of a common cryptocurrency address as an email address that others can send email to. Emails are the currency people send you.

The latest version of the technology, in the form of cryptocurrency, is not difficult to understand. It takes a little interest and time online to clarify the basics.

What is ICO in cryptocurrency?

ICO is short for Initial Coin Offer. When introducing a new cryptocurrency or crypto-token, developers offer a limited number of units to investors in exchange for other major cryptocurrencies such as Bitcoin or Ethereum.

ICOs are an incredible tool for rapidly raining down on development funds to support new cryptocurrencies. The tokens offered during the ICO can be traded on cryptocurrency exchanges, assuming there is enough demand.

Ethereum ICO is one of the most notable successes, and the popularity of the first coin offers is growing as we talk.

A brief history of ICOs

Ripple is probably the first cryptocurrency to be distributed by ICO. In early 2013, Ripple Labs began developing the Ripple payment system and generated about 100 billion XRP tokens. These were sold through an ICO to finance Ripple’s platform development.

Mastercoin is another cryptocurrency that also sold several million tokens for Bitcoin during an ICO in 2013. Mastercoin aims to mark Bitcoin transactions and execute smart contracts by creating a new layer on top of the existing Bitcoin code.

Of course, there are other cryptocurrencies that have been successfully funded by ICOs. In 2016, Lisk raised about $ 5 million during the First Coin Offers.

However, Ethereum’s ICO, which took place in 2014, is the most notable to date. During the ICO, the Ethereum Foundation earned about $ 20 million by selling 0.0005 Bitcoin each. Ethereum, using the power of smart contracts, paved the way for the next generation First Coin Offers.

Ethereum’s ICO, a recipe for success

Ethereum’s smart contract system has implemented the ERC20 protocol standard, which sets out the basic rules for creating other compatible tokens that can be processed in Ethereum’s blockchain. This allowed others to create their own tokens in accordance with the ERC20 standard, which can be sold directly to Ethereum with ETH.

DAO is a notable example of the successful use of Ethereum’s smart contracts. The investment company raised $ 100 million worth of ETH, and investors received DAO tokens that allowed them to participate in platform management. Unfortunately, the DAO failed after being attacked.

Ethereum’s ICO and ERC20 protocols described the latest generation of blockchain-based projects through their first coin offerings.

It has also made it much easier to invest in other ERC20 tokens. You simply transfer the ETH, paste the contract into your wallet, and new tokens will appear in your account so you can use them as you wish.

Obviously, not all cryptocurrencies have ERC20 tokens living on the Ethereum network, but any new blockchain-based project can offer an Initial Coin Offer.

Legal status of ICOs

When it comes to the legality of ICOs, there is a bit of a jungle. Theoretically, tokens are sold as digital goods, not as financial assets. Most jurisdictions have not yet regulated ICOs, so if we consider that there is an experienced lawyer in the founding teams, the whole process should be undocumented.

However, some jurisdictions have become aware of ICOs and are already working to regulate them in a similar way to the sale of stocks and securities.

In December 2017, the US Securities and Exchange Commission (SEC) classified ICO tokens as securities. In other words, the SEC was preparing to stop ICOs that they thought were misleading investors.

There are some cases where the sign is just a help sign. This means that the owner can only use it to access a particular network or protocol, in which case it cannot be defined as a financial guarantee. However, the capital verses that aim to assess value are very close to the concept of security. True, most miracles are performed specifically for commercial purposes.

Despite the efforts of regulators, ICOs still remain in a gray legal area, and until a more precise regulation is implemented, entrepreneurs will try to take advantage of the First Coin Offers.

As a rule, when it comes to the final form of regulation, appropriate cost and effort can make ICOs less attractive compared to traditional financing options.

The last words

For now, ICOs remain an incredible way to fund new crypto-related projects, and there are more successful projects in the future.

However, keep in mind that everyone is starting ICOs these days, and many of these projects are fraudulent or lack the solid foundation they need to thrive and will be worth the investment. For this reason, you should do a thorough research and research the group and background of any crypto project you want to invest in. There are many websites out there that list ICOs, just do a Google search and you will find some options. .

What is Bitcoin and why is cryptocurrency so popular?

Bitcoin has caused a stir in the financial space. In fact, Bitcoin has exploded the scene in the last few years, and many people and many large companies are now jumping on the bandwagon of Bitcoin or cryptocurrency, who want to be part of the movement.

People are constantly asking this question, which is completely new in the cryptocurrency space; “What is Bitcoin really?”

For starters, bitcoin is actually a digital currency that is beyond the control of any federal government, is used globally, and can be used to buy things like food, drinks, real estate, cars, and more.

Why is Bitcoin so important?

Bitcoin is not sensitive to things like government control and fluctuations in foreign currencies. Bitcoin is supported by the full confidence of the individual (you) and is absolutely peer-to-peer.

This means that everyone has to complete transactions with Bitcoin, the first thing they understand is that it is cheaper to try to send money from bank to bank or to use other services that require you to send and receive money internationally.

For example, if I wanted to send money to China or Japan, I would have to take a payment from a bank, and it would take hours or even days for that money to get there.

If I use Bitcoin, I can easily make any of these payments from my wallet or mobile phone or computer. For example, if I wanted to send gold and silver, it would require a lot of guards, it would take a lot of time and a lot of money to move the ingots from point to point. Bitcoin can do it again with the touch of a finger.

Why do people want to use Bitcoin?

The main reason for this is that Bitcoin is a response to governments that have destabilized it and to the fact that money is not as valuable as it used to be. The money we have now; The paper fiat currency in our wallets is worthless and will be even cheaper in a year.

We have even seen large companies show interest in blockchain technology. A few weeks ago, a handful of Amazon customers received a request asking if they would be interested in using cryptocurrency if they created an Amazon cryptocurrency. The results showed that many are very interested. Starbucks also pointed to the use of the blockchain mobile application. Walmart has also applied for a patent for a “smart package” that will use blockchain technology to track and validate packages.

Throughout our lives, we have seen how much has happened to our shopping habits, watching movies, listening to music, reading books, buying cars, looking for a home, money and banking. Cryptocurrency is here to stay. If you haven’t already, it’s time for everyone to fully learn cryptocurrency and learn how to take full advantage of this trend that will continue to evolve over time.

Cryptocurrency Dash, Why Bitcoin Is Ashamed?

Cryptocurrencies are all the rage right now.

Everywhere, you see headlines that make hundreds of percent impressive profits for “coins” like bitcoin. What values ​​them? When did you use bitcoin?

The truth is that this is not practical at the moment because of the time it takes to complete an operation in the first place. But there are other coins that are emerging as live candidates to win bitcoin as the number one cryptocurrency.

There’s a lot to understand about the intricacies of cryptocurrencies, but it’s more about finding an investment opportunity than the scientific explanation behind this article.

A balloon in Bitcoin?

One thing that is important to know is the concept of “mining”. This is the basis of cryptocurrencies. This is how new bitcoins are made.

Simply put, the “miner” solves a complex mathematical problem with the help of a special program, and as a result is rewarded with new bitcoins. The transaction is then stored in a blockchain, and these new bitcoins are officially in circulation.

Because more bitcoin is in circulation, it is more complicated and time consuming to extract them and less profitable. This means that although about 80% of the available bitcoins are currently in circulation, the latter will not be issued until 2140.

As many people know so far, bitcoin has seen a huge rally this year. In fact, in the last year, this figure has risen to about 1,200%, making many people think it’s in the foam.

The total value of bitcoins in circulation now exceeds $ 150 billion. If Bitcoin were a company, it would be in the top 50 in the United States.

Personally, I believe that the only reason why bitcoin is more valuable than other cryptocurrencies is because it is the first to flow. Still important. At least it gives other coin developers something to improve.

The good news is that even if you think you’ve missed the boat with bitcoin, there are plenty of other cryptocurrencies out there. Of course, some are fraudulent, but some have real potential.

One of those who believe that it has a real, practical use is called the Stone.

Dash: Digital Cash

First, Dash is ahead of the game in terms of convenience. Currently, bitcoin transactions take an average of about 10 minutes to an hour. Dash has become a major cryptocurrency that can be transferred instantly (in less than a second) between parties, and this has become more practical when it comes to buying items online or in-store.

One of the most attractive features of Dash is that 10% of the newly issued coins are transferred to Dash DAO (a decentralized autonomous organization). Simply put, DAO is Dash’s treasure. That’s more than $ 600 for today’s coin, which is $ 4 million a month.

It is important to know that no other coin has such sustained funding. With this money, Dash DAO can develop and market the currency.

Also, anyone can submit an idea for a project to increase the value of Dash. The project is then voted on by thousands of Dash developers. An example would be a partnership with stores to make Dash a suitable transaction tool for their goods.

Of course, these developers make money from Dash, so anything that benefits and promotes the currency will be attractive.

This creates a circular effect that increases the value of the currency as it is better financed and marketed, then the DAO makes more money and can bring the Dash to market more.

A breakthrough for Dash

To date, Dash can be used to purchase goods or services in more than 300 physical stores and more than 100 websites. But progress in this can come from the cannabis industry.

Banks are not currently allowed to be involved in marijuana operations; everything must be done in cash. Vendors can’t even put the money they earn from their sales in a bank.

Not only does this pose a risk of robbery, but these companies also have to pay for storage and transportation costs. It is added in a short time.

Using Dash will be great for these vendors. Dash also means great things for the price.

The good news is already moving forward. In April, Dash partnered with a digital payment system called Alt Thirty Six, which has partnered with some of the country’s leading dispensary business management software companies.

This software company monitors transactions for hundreds of dispensaries and delivery services. This means that Dash users already have access to hundreds of currencies.

The price has risen 118% since Dash officially became a payment method in the Lower Thirty Six on October 11th. It’s only a month and a half.

Just the beginning

With a market value of just $ 4.8 billion compared to Bitcoin’s $ 156 billion, I believe there is still much room for the Stone to move forward.

The cannabis industry is just the beginning for Dash, but it is a very good field. In 2016, legal sales were about $ 7 billion. Another estimated $ 46 billion was sold on the black market.

As more stores open and more marijuana becomes legal in more states, the law is expected to reach $ 23 billion by 2021 and $ 50 billion by 2026.

Again, this is just the beginning for Dash. The unique instant transaction feature makes it an alternative to cash and favors other cryptocurrencies such as bitcoin.