The term cryptocurrency is gaining impetus in recent times. While most of the individuals might think that cryptocurrency wallets are merely the digital forms of a real, physical wallet, there is much more to the overall concept of cryptocurrency wallet that you should know about. Quite contrary to the common notion, cryptocurrency wallets are not used for storing … [Read more...] about Top Five Things You Need to Know about Cryptocurrency Wallets
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What is a Security Token Offering (STO) and Could it Replace the ICO?
In 2017, there were 875 Initial Coin Offerings (ICOs), raisingUS$6,23 billion, which equals on average US$7,12 million per ICO. In 2018, there were 1257 ICOs that raised US$7,85 billion, which comes down to an average of US$ 6,25 million. Not surprisingly, the vast majority of these ICOs were done in the first months of 2018. In the past four months of 2018, the total amount … [Read more...] about What is a Security Token Offering (STO) and Could it Replace the ICO?
Sidechain – The New Dimension in Blockchain World!
Security is an important issue in blockchain, and the digital world is too narrow to explore in the digital world. Prior to attacks, researchers keep on adding up new security layers over the blockchain network, and practically, it keeps on adding new scalability issues. To overcome this vulnerability, a new concept is introduced and is known as sidechain . Sidechains are a new … [Read more...] about Sidechain – The New Dimension in Blockchain World!
Why the Crypto Winter is Good for Blockchain
In April 2017, the total market cap of the cryptocurrency market was US$25 billion. Nine months later, on January 8, 2018, the market cap reached its highest point of US$813 billion. A staggering increase of 3252% in just nine months. However, one month later, as of February 6, 2018, the market cap dropped to US$308 billion. A drop of 62% in just one month. End of November … [Read more...] about Why the Crypto Winter is Good for Blockchain
How to Improve Blockchain Security
In 2014, Mt. Gox, one of the largest cryptocurrency exchanges (managing approximately 70% of all transactions in Bitcoin) had been the victim of successful hacking attempts for a period of three years, and Mt. Gox's customers lost 750,000 Bitcoins. Bitcoin lost over a third of its value when the full extent of the fraud was revealed. In 2016, Bitfinex, one of the most popular … [Read more...] about How to Improve Blockchain Security