The Cardano Foundation made an important announcement regarding the appointment of its Global Community head. The post will be headed by Alix Hyeowon Park. As per the announcement, her role would be on emphasizing the growth and implementation of new strategies of community management for supporting and educating the Global …Read More »
Monero is a digital currency designed to be used as a completely anonymous payment system.
A common misconception with Bitcoin is that it is completely anonymous. In reality, all payments processed on the Bitcoin network are recorded on a public ledger (blockchain), so Bitcoin is actually only partially anonymous or “pseudonymous”.
This means that you can, in theory, trace back every transaction a coin has been involved with from its creation. Though users aren’t able to inherently link the public key on the blockchain with the private keys used to store the coins themselves, there will always exist a correlation between the two.
Monero has solved this problem by implementing cryptonic hashing of receiving addresses, therefore separating the coin from the address it is going to. This can be hugely valuable for anyone wishing to conceal their purchases.
The Monero development team consists of 7 core developers, only two of which are publicly known. There have been over 200 additional contributors to the project and software updates are implemented every six months or so.
To learn more about Monero including its competitors and challenges, read “What is Monero”.
Bitcoin (BTC) as of writing this article was trading at $10,024.1 against the United States dollar (USD) and the coin was showing negative and download fall of -1.54 percent. The market cap of the coin was $170.876 billion United States dollar (USD) and the market supply of the coin was …Read More »
What is ethereum? Ethereum is basically a contract platform, conceptualized by vitalik buterin, which allows the development of decentralized applications. It happens to be a vital part in the domain of cryptocurrency as when conditions are met, it executes itself automatically. It is basically regarded as a pioneer for smart …Read More »
The cryptocurrency market is again suffering from the bearish correction. The top ten currencies are under the red signal again and the even many of the currencies in the market are under bearish pressure. Dogecoin is one of the most popular currencies in the market and has some real success …Read More »
What is a hedge? Here is how the definition goes: Investment position intended to offset potential resources or games that may be incurred by a companion investment In short when you do a hedge investment, you do any investment to minimize your loss or to reduce the risk involved in …Read More »
At the time of writing this article Bitcoin (BTC) was trading at $10,635.7 against the United States dollar (USD). The market cap of the coin was $189.6 7 billion United States dollars (USD) and the market supply of the coin was 70.8 million. The Bitcoin (BTC) buyers and traders believe …Read More »
After an attentive observation, one will undoubtedly agree to the fact Vechain is not at all having a great time in the market as of now. The crypto undoubtedly tried to maintain its position in the market and has been strengthing its thresholds for long. However, now it seems that …Read More »
The cryptocurrency market is experiencing ups and downs this week. Some of the currencies have experienced the bullish surge, but the market has again under the slight correction. The top ten currencies are under bearish pressure. Ripple (XRP) has shown some nice movements in this week and the value of …Read More »
As of writing this article Bitcoin was trading at $10.677.1 United States dollars (USD) and was going and upward and positive growth of 2.71 percent. The market cap of the coin was $190.40 billion United States dollars (USD) and the market supply of the coin was 17.83 million. Bitcoin (BTC) …Read More »
Although the crypto, Dogecoin, witnessed enormous drops recently it doesn’t seem to be giving up anytime soon. In fact, analysts argue that the coin has been maintaining itself quite well since the last drops. However, one can never deny the fact that it’s never an easy task to recover from …Read More »