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Do Physical Crypto Currency Exists?

Do Physical Crypto Currency Exists?

If you have some basic knowledge about bitcoin and the other crypto currencies, you already know that what makes them special is the digital aspect. All crypto currencies are being mined, bought and sold entirely over the internet. The blockchain technology itself had been developed because of the internet and

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What Affects the Price of Cryptocurrencies?

What Affects the Price of Cryptocurrencies?

Cryptocurrencies or digital currencies had revolutionized the financial system in the past few years and because a lot of people are using them, a question arises: What gives them value? The answer to that question is The people. Cryptocurrencies are valuable just because people believe that. There are some digital

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Blockchain and Cryptocurrencies

Blockchain and Cryptocurrencies

As we have mentioned in one of our previous articles, a blockchain represents a distributed database, a new way of storing data, enabled by recent technological development. We’ve also mentioned that Satoshi Nakamoto was behind this innovative idea and the purpose of the blockchain was to facilitate the processing of

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What is Blockchain?

What is Blockchain?

Regarded by some people as the new internet, blockchain is an ingenious invention, created by a person or a group people known by the pseudonym Satoshi Nakamoto.  He is also regarded as the creator of the most popular cryptocurrency on the planet –bitcoin. What does it have special? To put

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What is a Cryptocurrency?

What is a Cryptocurrency?

According to the dictionary, a cryptocurrency or digital currency is a digital coin you can send through the internet. This currency represents a value that is not issued by any central bank or government but is accepted by people as a means of payment for goods and services. Comparison with

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Mining Differences between Bitcoin and Litecoin

Mining Differences between Bitcoin and Litecoin

As it is with bitcoin, litecoin is another cryptocurrency that gets created through the process of mining. To begin with a brief history of litecoin, it was created in the year 2011 by Charles Lee, a former engineer at Google. One of the motivations behind the creation of litecoin was

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Is Ethereum Better than Bitcoin?

Is Ethereum Better than Bitcoin?

There had been huge discussions on whether ethereum will turn out to be a better alternative for fiat money than bitcoin. Even though the price of bitcoin managed to surpass the 6000 us dollars mark and continues to be the most valuable cryptocurrency out there, we’ve designed this articles to

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Transaction Differences between Bitcoin and Litecoin

Transaction Differences between Bitcoin and Litecoin

As we already mentioned, litecoin claims to be a “lighter” version of bitcoin and the way it was built back in 2011 enables anybody to mine it very easy, since the hashing power is much smaller, in comparison to bitcoin. Also, we mentioned in one of our previous material, that

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Bitcoin vs. Ethereum – What’s the Difference?

Bitcoin vs. Ethereum – What’s the Difference?

Even though bitcoin is by far one of the most popular cryptocurrencies out there, the industry had developed tremendously in the last few years, which lead to the appearance of other brand new cryptocurrencies, some of them who claim to be better than bitcoin. What ethereum has special? What made

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