Found 11 Articles for Digital currency

The ability of a body to perform work is known as energy. In our daily life, we use a number of sources of energy for doing work. These sources of energy are broadly classified into two categories viz.Conventional Energy SourcesNon-Conventional Energy SourcesIn this article, we will explain all the significant differences between conventional and non-conventional energy sources by considering various parameters such as basic definition, availability, exhaustibility, cost, uses, etc. But, before discussing the differences, it is advantageous to know that what conventional and non-conventional energy sources are.What are Conventional Energy Sources?The sources of energy that are being used for ... Read More

The bitcoin craze is gradually taking a leap now and the investors are optimistic about its growth and increased value in the coming future. However, the stability of bitcoin currency is still a big concern for everyone. Nonetheless, people are mining bitcoins, getting them exchanged and also dealing in them. This shows its value and power, which is being elongated by each passing year. Despite this, many bitcoin owners linger in vacuum when it comes to converting them into cash. Here are some hassle-free methods you can try to get it right −Cash It On Bitcoin ATMsA Bitcoin ATM works ... Read More

Inspired by Bitcoin many altcoins have come into the digital world. Ripple is a technology which acts both as a digital payment network for financial transactions and also as cryptocurrency labelled as XRP. Ripple was founded by Chris Larsen and Jed Mc Caleb in 2012.Ripple works as a real-time gross settlement system used for currency exchange and remittance. The Decentralized native cryptocurrency called XRP or Ripple is the third largest coin by market capitalization, after Bitcoin and Ethereum.What is XRPXRP is a crypto currency like Bitcoin, but does not use the Block chain technology. XRP is pre-mined digital currency, and ... Read More

This might fall upon like a shock on those who think that only cash can be transact from an ATM. In this era of crypto and digital currency, things have taken a leap now. Thanks to technology! As of April 2019, there are more than 4, 518 bitcoin ATMs across the globe, the number is constantly on the surge, and so is the miners considering the fascination for this currency.However, the thought of getting them cash out leave many miners baffled; however, this read has been created to clear the air about all the doubts you have.The Functionality of Bitcoin ... Read More

Satoshi Nakamoto created Bitcoin in 2008, and he made the network very strong as a distributed, peer to peer model which is maintained without any intermediaries. Since then many digital currencies are created, which follow the same system where all nodes are sharing same information (same copy of Block chain) and any node can communicate with any other node safely across the network, knowing that they are displaying same data.Byzantine Fault Tolerance (BFT) is one of the most difficult challenges faced by the Block chain technology. All the participants of the cryptocurrency network need to agree, or give consensus regularly ... Read More

When you talk about trading of Cryptocurrency, the following transactions will come under that category.Buying new cryptocurrency using your fiat currencySelling your cryptocurrency for fiat currencyExchanging one type of cryptocurrency for another digital currencyTo make these transactions, there are Cryptocurrency Exchanges.If you just want to make the occasional, straightforward trade, there are also platforms that you can use that do not require an account.Cryptocurrency ExchangeThese are the websites which allow you to buy, sell or exchange the digital currency. All you have to do is to choose an exchange, create an account and get your id verified, and you are ... Read More

Bitcoin, invented by Satoshi Nakamoto in 2008 has ushered new waves in the field of cryptocurrencies. Inspired by Bitcoins and decentralized peer-to-peer network, there are many digital currencies that came into the world to change the global economy.Let us first understand what is a cryptocurrency? Cryptocurrencies are the digital currencies which are generated, stored and transacted digitally. The most important feature of cryptocurrency which makes it different from fiat currency is, that it is not created or maintained by any single central authority. It is created and maintained through a decentralized system which is maintained by the miners. The miners ... Read More

When digital or crypto currency gets a mention, bitcoin is the first thing that strikes the minds of the expert investor as well as the fanciers. Bitcoin can be referred as a virtual currency or a medium of conducting digital transactions just like any other digital currency. So, how is it better than any conventional currency?The global interest in bitcoin has gone up in the past a couple of years. However, those who still see its gloomy side, here are the reasons for going for this currency.Digital and Decentralized-Bitcoin comes with the liberty to exchange value with no intermediaries. This ... Read More

A couple of years ago, I came across Bitcoins and I immediately looked for some info about it before I would die of curiosity. After going through a decent deal of content over it, I realized that the information on this hot topic is not substantial and rather it is misleading to some extent. Therefore, I started going through some business and tech journals and all that I absorbed out of those pieces, here I pour out the essence.What Is Bitcoin?We can divide bitcoins into two major parts; 1. Bitcoin-the Token through which one can show the ownership of a ... Read More

What is a Bitcoin?Bitcoin is an electronic payment system through a secure, verifiable and mathematical way. It is created by Satoshi Nakamoto in 2008 to produce a new means of exchange of money, independent of any centralization or central authority, which can be done electronically.Traditional currency is printed and distributed by the Government based on demand and supply in the market. Bitcoin is introduced as a peer-to-peer currency without any central authority or any government body to issue the Coins and track their transactions.What is MiningWhere do the Bitcoins come from when there is no central authority to create and ... Read More