February 21, 2020

Blockchain Technology And The Fight With Coronavirus

China gets essential help from blockchain technology that assists keeping and maintaining health records and other inevitable facts amid the coronavirus episode. Following the statistics published by one of the Chinese newspapers, over 20 applicants wanted to deal with the problems and disorders that kept appearing after the outbreak of the disease. At the beginning of February, blockchain has served for numerous purposes, specifically health records maintenance and keeping track of medical substance supply. Nevertheless, an overwhelming majority of applications are used to deal with private data of residents, as some of them are going back to work within the

February 21, 2020

Best Coins For Staking In 2020

Contrary to popular belief, cryptocurrency trading is not the only way to get it. There are various ways through which you can try and earn money using crypto. If you are going for passive income, then staking is the best way to do so. However, you need to be very careful with the type of coins that you are using for trading. Usually, people think that there is only one way to make good money with crypto, and that is to buy them and then sell at a profitable rate. However, you can be smart about crypto without trading, there

February 20, 2020

As a Part of Speech With CNN, Ripple СEO Said That Bitcoin and Ethereum are Controlled by China

During the conversation with CNN, Brad Garlinghouse, the head of Ripple, noted that only four Chinese miners control 60% of the hash rate of the BTC — first cryptocurrency network. as he said Ethereum is also extremely centralized. “China controls the Bitcoin blockchain – 4 local miners account for more than 60% of the mining power. Overall, 80% of the bitcoin and Ethereum hashrate is concentrated in China.” — announced the head of startup. Mati Greenspan, the QuantumEconomics founder, expressed his indignation at the fact that Garlinghouse confused miners with pools and thereby clearly overestimated the degree of centralization of

February 20, 2020

The Chinese Cryptocurrency Exchange Has Suspended Trading Due to The Big Amount of BTC Was Lost

Zhang Jian the FCoin CEO, spilled the beans,  saying that Deposits would be suspended due to 7,000-13,000 Bitcoins were lost. The first Chinese-language message, followed by Redditen’s English-translated  one, mainly concerned Chinese businessmen. Previously, FCoin exchange was one of the largest daily trading exchanges, but there were data shortages in the system, and the distribution model under consideration was unstable. In his speech, Zhang said that the exchange was neither hacked nor closed, but the problem was “too complex to explain in two words.” The problem was caused by an internal system failure, which was rewarding users with higher than

February 18, 2020

Microsoft Can Destroy Bitcoin and Other Cryptos

Microsoft can cause huge problems for Bitcoin and other cryptocurrencies, and we will explain how. This American software giant is censoring open-source development projects on Github. Microsoft has a massive impact on the development of different blockchains, including Bitcoin. Protests and Bitcoins. What do they have in common? News about the protests of governments are surfaced in news around the world. Privacy and blockchain technology areas are also affected. The problem is that it is very important for people to control their personal information and access to it, but this is not always possible, especially with the current tightening of

February 17, 2020

Cryptocurrencies In Everyday Life: FC Barcelona Launches Its Own Token

FC “Barcelona” is one is the most favorable and famous football clubs all over the world, and it has announced the plans on upcoming own token launch. Chiliz – the blockchain company will help “Barcelona” to make their own coin true. ALEXANDRE DREYFUS, The Chiliz CEO noted: “The Barcelona’s “fan-base” has more than 300 million people. This FC is the most recognizable and most profitable without any doubts. We are looking forward to the moment when fans will begin influencing decisions of the team.” According to the Chiliz statement, the concept is next: fans can interact with the club using

February 14, 2020

XRP Price on The BitMEX Exchange Has Fallen to $0,13 Extreme Level. Users Are Massively complying on their funds-loss

The ongoing BTC volatility may attract the main attention of the traders now, however, the XRP (Ripple) market has shown an interesting event this Thursday, February 13th. The coin fell in price by almost 60%, dropping to $ 0.13 as a result of an instant collapse of the exchange rate on the BitMEX exchange. During a sharp collapse, the price of the XRP index, which is formed on the data of the big exchanges, deviated by only a few points. Nevertheless, some traders reported that the stop loss system on BitMEX did not work, because of which the positions were

February 13, 2020

How coronavirus can interfere with digital asset development

It won’t be a surprize to anyone that the outbreak of coronavirus in China has now attracted the attention of many media. But it may be news that it was because of this event that the situation of Bitcoin mining for many miners became more complicated. The reason for this is a delay in the supply, production, and loading of new equipment due to the quarantine regime currently existing in China. The deceleration rate in Bitcoin mining can be determined in specific figures: on January 14, the percentage was adjusted by 7.08, 24 4.67, and already on February 11 the

February 12, 2020

The battle of Bitcoin with state control

The issue of the technological future is quite relevant, for example for 20 future years. We can imagine the implantation of microcircuits, mass surveillance, and identifiers associated with an account in digital currency, for continuous tracking of every conceivable transaction. So in a recent interview with Alex Gladstein for the podcast, Unchained expressed his thoughts and feelings about this topic.  It would be foolish to disagree with the idea that today we are already seeing tremendous progress in using AI in many areas of human existence. Technological progress has long been helping us save our resources: money, time, and power.

February 11, 2020

5 Cryptocurrencies You’d Better Pay Attention To

If you follow the news in the world of the cryptocurrency business, then you know that since the beginning of this year there has been a fairly positive mood in the digital asset market. So many altcoins strengthened their positions and exceeded the leading Bitcoin, which in turn exceeded its maximum of $ 10,000. And despite such a promising position, many miners are still focused on the predicted fall of the digital giant. But here it’s worth stopping and clarifying the point that, according to many investors, such a decrease in the rate of trading will strengthen Bitcoin’s position as

February 11, 2020

How did Altcoin coins appear and why are there so many of them?

Without any doubt, we can say that at the moment the most popular, stable, fast-growing and promising cryptocurrency is BTC. But did you know that today in the world there are about 5,000 cryptocurrencies, which we used to call altcoins and more than 20,000 different types of markets? There is Satoshi (we recall that this is the smallest unit of Bitcoin) created back in 2009, and there are 5,098 alternative cryptocurrencies (altcoins) that exist next to the creator’s invention. Going deeper into the beginning of the path to creating some altcoins, the first of them is Namecoin, and the first

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