Ten years ago, as Lehman Brothers was declaring bankruptcy and the global economy was lurching into recession, the idea for an alternative currency was being quietly built online. On October 31, 2008 bitcoin was born — and in the past ten years has evolved from an anti-establishment hobby among coders to a household name on …
BitCoin Turns 10 Years Old – from NOTHING to BILLIONS Read More »
Initiative Q is not, in any way, a cryptocurrency. But it might just be the new Bitcoin. In just four months, the ‘payment system of the future’ has built a network of nearly three million adopters by offering ever-decreasing sums of their future currency in exchange for an e-mail address. Despite attracting over 100,000 new users each day, …
Cryptocurrency investment firm Pantera Capital reported a more than 10,000 percent lifetime return on Friday, coming five years after its formation. In an email, co-chief investment officers Dan Morehead (who is also CEO) and Joey Krug shared the figure as they celebrated the fund’s fifth anniversary. Perhaps unsurprisingly, they’re still bullish about bitcoin, particularly in …
Pantera Reports Massive 5-Year Crypto Investment Return Read More »
Litecoin (LTC) is a cryptocurrency and an open-source project released in 2017, inspired by and very close technically to Bitcoin. The key idea of the project was to make a faster and cheaper to use alternative to Bitcoin Although there are some similarities between BTC and LTC, you can’t define Litecoin without pointing out some …
In May 2017, Bitcoin transactions could take up to four days to complete. The only way to make a transaction quicker was to pay a transaction fee, which at the end of 2017 was around $28. The delay and the need to pay fees made Bitcoin impractical for making small purchases, which led to a new …
What is Bitcoin Cash? Read More »
Developers define EOS as an operating system made for businesses to construct Blockchain applications as a replacement for web-apps while retaining similar structural principles. There are two main things about EOS that make this platform stand out from all the other Blockchain projects. The first is the absence of transactions fees due to an ownership …
Developed by Vitalik Buterin, Ethereum is a public, open-sourced Blockchain-based platform developed that features smart contracts. It would be wrong to define Ethereum as a cryptocurrency or confuse it with Ether, a cryptocurrency part of Ethereum system. Ethereum was created as a platform that has the ability for users to build programs without the involvement …
When a new asset class resists even after facing numerous hurdles, it forces the asset managers to pay attention and recognize it. We have seen JP Morgan, Goldman Sachs and a few others have already walked down that path. The latest to consider investing in cryptocurrencies is BlackRock, the world’s largest asset manager with about $6.3 trillion under management. …
Bitcoin (BTC) is known as the first open-source, peer-to-peer, digital cryptocurrency that was developed and released by a group of unknown independent programmers named Satoshi Nakamoto in 2008. Cryptocoin doesn’t have any centralized server used for its issuing, transactions and storing, as it uses a distributed network public database technology named blockchain, which requires an …