What is ICO or Initial coin offering?

ICO
November 3, 2017
13
ICO or Initial Coin Offering is the method by which new cryptocurrency developers make a considerable amount of money for the future development by the use of Token sale. It involves selling some amount of the new cryptocurrency or tokens in exchange for Bitcoin, Ethereum or any supported cryptocurrency. M...

How does the bitcoin blockchain work? The simplified version!

November 4, 2017
10
Blockchain is the underlying technology on which Bitcoin is developed. The blockchain technology was first proposed in a whitepaper made by the Bitcoin creator/creators Satoshi Nakamoto. Even though many are familiar with bitcoin, not many users know what makes bitcoin possible. Here we are going to explai...

Who are miners? Everything You Need To Know About Miners

November 4, 2017
20
Miners can be defined as accountants who records every transactions to the blockchain. The concept is simple, a proof of payment is important if you want your payment to be valid. The miners are the ones who keep the record of your payment. Hence they are record keepers who keep the system updated of new

Are you aware! Top 3 cryptocurrencies that cannot be mined!

November 4, 2017
27
You may think that all cryptos can be mined after hearing about the past success stories of Bitcoin mining. But one major piece of information you should understand is that mining is a process that can only be done if the blockchain supports it. There are cryptocurrencies out there that can’t be mined at all.

What Is the Difference between Private and Public Key in Cryptocurrency

November 4, 2017
9
If you have been using Bitcoin or any other altcoin based on Bitcoin’s design, then you must be familiar with the terms Private key and Public key. After all, both are required to do a successful cryptocurrency transaction. Many find it hard to make sense of these two terms as both deals with complex encry...
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