Related Articles for you When we were talking about cryptocurrencies with other people, very few asked about the security and the potential social and economic impact of the time-stamped distributed ledgers. Instead, they usually asked, “Should I hold some bitcoin?” You may doubt whether it’s the Internet currency, or you […]
Cryptocurrency
Why Libra is Different from Other Blockchain Currencies?
Related Articles for you The long-anticipated Facebook cryptocurrency Libra white paper has been released finally. Now, join us to have a look at what cryptocurrencies Libra has “referred to”. Brief History of Libra Currency The Libra Blockchain is a decentralized, programmable database designed to support a low-volatility cryptocurrency that will have […]
What are the differences among Libra, Bitcoin, and PayPal?
Related Articles for you On June 18th, 2020 Facebook released a white paper on its cryptocurrency, Libra, and described it as a “global currency. In practical operation, Libra is more like the online payment systems such as PayPal instead of a cryptocurrency like bitcoin. Libra is very similar to bitcoin […]
Centralized vs Mining Decentralized Crypto: All you need to know
Related Articles for you Decentralization is a distinctive feature of blockchain, but those who know bitcoin should be aware that many aspects of bitcoin never implement decentralization operations. Instead, they go further and further in the direction of centralization, such as mining. People originally thought that as the distributed network, […]
Apart from IPFS, how much do you know about Blockchain Storage?
Related Articles for you The InterPlanetary File System (IPFS) is a protocol, hypermedia, and file-sharing peer-to-peer network for storing and sharing data in a distributed file system. IPFS uses content-addressing to uniquely identify each file in a global namespace connecting IPFS hosts. A blockchain is a type of Digital Ledger Technology (DLT) that consists of […]
Do you prefer to Mine or to steadily Invest in Cryptocurrencies?
Related Article for you In 2018-2019, the bitcoin price has returned to around US$10,000. As this transaction volume continues to increase, the bear market cycle of bitcoin has been completely reversed. At the same time, with the impacts of bitcoin halving, access to mainstream institutions, and the application of blockchain […]
What Currency is the next target of bitcoin?
Related Articles for you Definition of Bitcoin Bitcoin is a digital currency created for use in peer-to-peer online transactions Introduced in 2008 by a person or group using the name Satoshi Nakamoto. Bitcoin is a decentralized digital currency that you can buy, sell and exchange directly, without an intermediary like a bank. […]
Why is Bitcoin not a “Ponzi scheme”?
Related Article for you As a well-known saying goes: If you want the world to know you’re ignorant about bitcoin, the best way is to use the “tulip bubble” as a metaphor, and the second is to claim bitcoin as a “Ponzi scheme.” Today, we’d like to talk about why bitcoin […]
How many Cryptocurrency Participants are in the Blockchain Industry
Related Articles for you Not quite long, HelloBTC issued a statement saying that 2% of the world’s people really understand the blockchain. According to the total population of 7 billion in the world, are there really 140 million people getting involved in cryptocurrency and blockchain? Number of Bitcoin Unique Address […]
Top 10 Risks All the Newbies Should Know About Cryptocurrency
Related Articles for you Since Cryptocurrency birth in 2009, the price of bitcoin has gone from scratch to a few cents and even as high as US$20,000. The astonishing increase has not only made many early investors earn a lot of money, but also attracted thousands of latecomers to “follow […]