What is Zcash? Zcash (ZEC) is a private cryptocurrency that supports transparent and shielded transactions. It was created by Zooko Wilcox-O’Hearn in 2016 to provide users with the utility of Bitcoin while also giving them the ability to protect their privacy. ZEC is not completely anonymous. Every payment is visible on the public blockchain but … Read more
There are many different ways to purchase bitcoins. Each of them comes with certain advantages and disadvantages, and the availability of a solution to facilitate the purchase will ultimately heavily depend on your geographical location. While Part 1 of our guide (than you all for the great feedback, we DO appreciate it!) provided some background … Read more
Interested in Ethereum Mining? This article is for you. If you need a quick refresher about what Ethereum is, check out our blog on cryptocurrencies. What is Mining? Before we delve deeper into Ethereum Mining, let us familiarize ourselves first with “Mining”. The purpose of mining may sound complicated at first, but there is no … Read more
What is Siacoin? Siacoin provides a decentralized cloud storage option that competes with centralized legacy competitors such as Dropbox, Amazon, Apple, and Microsoft. It allows anyone to host or access encrypted storage through the platform, and all contracts, storage proofs, and transactions are verifiable using the blockchain’s public ledger. Siacoin assures its users that no … Read more
What is Ethereum? You may be well familiar with Bitcoin as the Blockchain’s most commonly used cryptocurrency. But in the course of your transactions, you definitely have encountered a similarly popular application traders are using these days – Ethereum. Ethereum is an open software platform based on blockchain technology that enables developers to build and … Read more
What is Bitcoin and Why is it So Popular? Bitcoin was the world’s first digital currency. In 2008, it was developed by an anonymous hacker going by the pseudonym Satoshi Nakamoto. He made the announcement in a research paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.” After more than 10 years (we just had the … Read more
After the introduction to Ethereum in the previous post, in this article we have explained the best ways to buy Ether, the cryto-fuel for the Ethereum Network. The first batch of Ethers were distributed behind closed doors to private investors in 2014-2015. A year has passed since then, and multiple exchanges are now listing Ether and … Read more
A long time has passed since cryptocurrencies and the Blockchain technology first arrived on the scene. There are now countless alternate coins (altcoins) competing for users and a leading position on the market. Some of these coins are basically dead on arrival, while others, such as Litecoin, Dash, Ripple, MaidSafeCoin, and Monero, sustain and become … Read more