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– Buying Bitcoins Bitcoins are sent from one wallet to another. Each wallet has at least one address that represents it. The wallet is a separate identifier, similar to how an email address is specific to identifying. Once the decision is made to buy Bitcoins, the question is how to do so. There are several […]
Ripple is actually a technology that has a dual function; as a digital currency as well as a digital payment network for financial transactions. It was launched in 2012 and co-founded by Chris Larsen and Jed McCaleb. The cryptocurrency coin under Ripple is labeled as XRP. Unlike the other cryptocurrencies, Ripple operates on an open-source […]
What is Monero. The fourth most common currency is Monero. This digital currency was launched in 2014 and it’s main goal was to create an algorithm to add the privacy features that is missing in Bitcoin. Monero invented a system known as the “ring signatures” to conceal the identity of its senders and recipients. Ring […]
The third cryptocurrency is Litecoin. When the currency was first launched in 2011, it aspired to be the ‘silver’ to Bitcoin’s ‘gold’. Litecoin also recorded the highest market cap of any other mined cryptocurrency, after Bitcoin after its launch. The main reason of Litecoin’s creation is to make up what Bitcoin lacked. The main difference […]
The second most popular crypto-currency is Ethereum. Created by Vitalik Buterin, it has scored itself the second spot in the hierarchy of cryptocurrencies. This digital currency launched in 2015 is predicted to surpass Bitcoin and may be the cryptocurrency of the future. Ethereum is currently worth $279 since its launch. Is Ethereum similar to Bitcoin? […]