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June 8, 2018Bitcoin vs Ethereum – What’s the difference?
Bitcoin aims to be a digital gold if you will, that will eventually become a globally adopted currency which could replace or be an option to people to the conventional money. Ethereum is to become a platform based on smart contracts where decentralised apps can run.
July 7, 2018Bitcoin Mining – What is it?
The processes which take part in making transactions happen with Bitcoin are done by thousands of computers worldwide which are connected to the internet. This process is referred to as mining.
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August 7, 2018Smart contracts – What are they?
Ethereum aim is to make everyday life that bit more efficient and cost effective, by automating daily processes and creating a system without the middlemen. This could be used in not just the financial system, but also in the legal system, computer systems or more.
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September 24, 2018What is Bitcoin? Cryptocurrencies explained by Blockchart.io
Bitcoin, as well as several other cryptocurrencies, adopt this latter model. Every time a Bitcoin is mined, it creates a new “block” which is added to the Blockchain, a string of code that acts as the ledger in all Bitcoin transactions.
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September 24, 2018What is BitCoin Cash? Cryptocurrencies explained by Blockchart.io
With such a wide array of cryptocurrencies, things can get very confusing. Think of BitCoin Cash, as BitCoin Plus, a new and improved version of BitCoin. It is a convenient way of sending money, anywhere around the world, electronically without the inflated transaction fees and host of other problems caused by centralised institutions such as banks. This decentralised cryptocurrency is the future of money!
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September 24, 2018What is Ethereum? Cryptocurrencies explained by Blockchart.io
Ethereum, also known as the Queen of cryptocurrencies, takes the technology behind Bitcoin, Blockchain, and uses it to become more than just another Cryptocurrency. Ether, the token or currency generated by Etherium is used to power a decentralized, world-wide network and a completely independant app store. It allows people to enter into agreements through “Smart Contracts” which negate the need for a brokering party. All this helps to make Ether one of the strongest cryptocurrencies to date.
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September 24, 2018What is LiteCoin? Cryptocurrencies explained by Blockchart.io
Litecoin is probably one of the lesser known cryptocurrencies, it also happens to be notoriously underrated. It functions on the same Blockchain technology as its bigger cousins, such as BitCoin, the main difference being LiteCoin’s faster transfer confirmation and improved security from threats such as hacking.
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October 3, 2018What is Tron? Cryptocurrencies explained by Blockchart.io
While Tron won’t have us stuck inside a mainframe or whizzing through our software on a Light Cycle, it does promise a very bright future for the entertainment industry! By combining Blockchain with distributed storage technology, Tron hopes to cut out the middleman and give power back to creators and their patrons.
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October 3, 2018What is NEO? Cryptocurrencies explained by Blockchart.io
Expecting NEO to be “the one” to be bring peace to our current economic crises might be a tad naive, but that doesn’t mean that NEO has nothing to offer to the world of cryptocurrencies. Nothing could be further from the truth! NEO, often called China’s Ethereum, boasts considerable improvements over its Western counterpart, from technological advances to developments with regards to Smart Contract systems, all of which help earmark NEO as an up-and-coming cryptocurrency.
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October 3, 2018What is Binance Coin? Cryptocurrencies explained by Blockchart.io
With the steady increase of interest in cryptocurrencies, it was only a matter of time until something like the Binance Coin (BNB) came along! BNB isn’t just another cryptocurrency, it powers the whole Binance Exchange; a revolutionary (and profitable) means of trading different cryptocurrencies. Incidentally, it is the largest cryptocurrency exchange to-date, and with good reason too!
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