Crypto Donations are Promoting Mainstream Adoption of Cryptocurrencies

Despite the rapid rise in cryptocurrency value, mainstream adoption seems to be a far-fetched dream. In a survey by Finder.com involving 2,001 American adults, it was established that only 7.95% of respondents owned bitcoin, with the majority being millennials as 17.2% compared to baby boomers at 2.2%. 92% of Americans have never owned cryptocurrency, with only 7.76% claiming they will purchase one in the future.  However, despite the low rates of crypto uptakes, especially in Europe and America, there has…

Coinomi Review – An Experienced And Trustworthy Companion For A Safer Crypto Adventure

Investing in cryptocurrencies maybe, to a certain extent, an easy task, but taking care of your digital assets is definitely a difficult one. Cryptocurrency wallets are an essential factor in owning and investing in cryptocurrencies of any sort. Most digital currencies have their own official wallet, but third-party wallets gain momentum as they allow you to manage multiple coins at once. However, such wallets will only support a limited number of cryptocurrencies. This article reviews Coinomi, which we believe is…

Understanding the Difference Between Coins and Tokens

The cryptocurrency hype continues into 2021 with an unprecedented boom on major coins such as Bitcoin and Ether. The crypto industry is evolving every day and will seemingly rule the traditional financial world. Despite the known volatility of digital assets like coins and tokens from their introduction, people are still anxious about them and want to try their luck by investing in them. However, one thing that might confuse the new class of investors is the crypto industry terminologies. For…

The Ultimate Beginner’s Guide to Cryptocurrency

Cryptocurrency, most commonly identified as digital money, was first instituted in 2009, with the very famous Bitcoin launch. Litecoin followed launch in 2011, and since then, many more crypto assets have joined the crypto world.  In crypto, the currency is secured by cryptography, thus protected against counterfeiting and double-spending. The host of crypto is blockchain, a decentralized ledger system using state-of-the-art infrastructure.  Recently, the advancements in the crypto world have made many people think of investing in crypto. Beginner investors…

Blockchain Technology – Everything you Need to Know

Anyone in the financial technology space must have heard about blockchain technology. However, not many people know how it works and the technology behind it. Blockchain technology is an invention of an anonymous individual or a group of people under the pseudonym Satoshi Nakamoto which powered the first cryptocurrency, Bitcoin, released in 2008. Technology has been in play ever since. Since blockchain technology release, the IT industry has massively evolved. However, several people are still skeptical due to a lack…

A Beginner’s Guide to Bitcoin and Cryptocurrency Mining

When Bitcoin launched in 2009, technological and financial experts wanted to see how a digital currency can function. Satoshi Nakamoto, the currency and blockchain creator, introduced proof of work algorithms designed to mine and increase coin circulation. Many blockchains that launched afterward used crypto mining to release new coins.  Crypto mining is primarily the process of gaining new cryptocurrencies by participating in block validation. It mainly involves solving computational puzzles, adding new transaction records to the blockchain, and creating new…

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