Cryptocurrencies are a form of money specifically designed to take advantage of the architecture of the internet. Instead of relying on a standard financial institution to guarantee and verify transactions, cryptocurrency transactions are checked, or “confirmed,” by the computers of the users on the currency’s network. The computers that verify the transactions usually receive a … Read more
Bitcoin supply and demand Everything in the world of Bitcoin is about supply and demand – those two basic economic categories. Humans tend to value those things the most which have a limited amount or a limited potential amount. The supply of the coins is limited, as the system’s creator Satoshi Nakamoto has foreseen. There … Read more
There are many sites in the bitcoin community running around to scam users by luring them and say they provide great return to your investment or doubling your money in some days.So here we provide the list of those sites so that our users should away from them and do not loose their precious collected … Read more
In keeping up with its recent bullish run, bitcoin price soared to break beyond $570, scaling a near two-year high. The Bitstamp Price Index (BPI) shoved through the $570 mark today to ring in a high of $574.85. The number represents a price high of nearly two years. On August 11, 2014, bitcoin traded at … Read more
Overview Introduction to Litecoin Litecoin is a cryptocurrency that was created in 2011 by Charlie Lee, a former Google engineer. It was designed to be a faster and more lightweight alternative to Bitcoin, with a block generation time of just 2.5 minutes compared to Bitcoin’s 10 minutes. Litecoin gained tremendous popularity due to its faster … Read more