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Popular Blockchain Networks

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The advent of blockchains and smart contracts as a means of online transactions has brought about the development of various networks. While some networks offer additional functions and features for users, others do not offer them, and this is the basic reason some Blockchain networks are commonly preferred over others. Sometimes this is influenced by the game or power of the developer, but most times, the ability and reliability of the blockchain determines how popular it can become.

The difference in quality and value is also the major reason why it is important to understand the concept of cryptocurrency for beginners. Many popular blockchain networks dominate the internet even though others are also in the industry unable to cause public awareness. Blockchain networks are complex systems of interconnected networks all in relationship with the decentralized system. Parameters such as language, activity, pricing, network type, etc can also determine a good blockchain and boost its popularity.

Here is a list of the most popular blockchain networks.

Ethereum

After the great buzz created by the cryptocurrency king, Bitcoin, Ethereum is the next in line to take the rein. The network was founded years ago in 2014, and since then it has gained quite a lot of attention and popularity among traders. After Bitcoin, Ethereum remains the second most valuable blockchain network after Bitcoin, and its popularity is also owing to its high effectiveness and open-source characteristics.

Many developers can easily use the network to build others and any type of user can use the network as their blockchain network. It also works on a proof-to-work-based system. The blockchain network is one of the most highly active in the world and has multiple language compatibility including for applications like C++ and python. Its mechanism is based on the Ethereum Virtual Machine and this is why it has a run-time environment for Smart Contracts that have Ethereum as their units.

Hyperledger Fabric

Also one of the most popular networks for blockchain users and an impressive design that is distinctive to the network. The network is designed to build blockchain units in a modular method. Like Ethereum it is also an open-source network therefore easily available for all types of users. Being a product of Linux and created in 2016, it is interesting how this network has gained much prominence in such a short amount of time.

The network has a basic objective of boosting Blockchain technology usage in various types of industries. One of the significant features of this network is its ability to allow networks on networks. This means that users of Hyperledger can work together without linking sensitive or business information over the network.

Stellar

This is another open-source blockchain network that allows the user to secure their funds and also move them around whenever they like. The platform is suitable for making changes, trading, and sending digital funds to other users on the network. Stellar stands as one of the most scalable blockchain networks that ensure users can build a fast and efficient fintech application with zero worries concerning fluctuations, bugs, or glitches.

Creating tokens, transforming currency, and digital assets on this network is also quite feasible. It can handle a lot of money daily as well as millions of transactions possible daily. It works in similarity with other blockchain networks when maintaining the sync of the networks.

NEO

This is a popular blockchain network that was designed by the members of Blockchain R&D Company. The network is quite useful when the need is to build a blockchain application that uses a decentralized mechanism for its operation. This network works faster and more efficiently than many other networks because of its Byzantine Fault Tolerance mechanism. Users can make transactions and payments with the network using the native cryptocurrency NEO, thereby allowing the users to run their apps on NEO.

It has an in-built Oracle function that allows users to easily access any off-chain data. There is also a distributed data storage solution that was made for the scalability and privacy of users. NEO also has a feature that allows many types of operations to be carried out on the network with different cross-chain networks like Ethereum, Binance, Tron, and others.

EOS

The EOS blockchain network is a complex scalable platform designed for digital transactions for users. The network ensures that dApps’ hosting is possible and other functions such as smart contracts capability, and decentralized storage features are included in its system. These additional features are forms of the solution to solving the scalability problem that is faced by other popular networks like Ethereum and Bitcoin.

When users get their needs done with this network, there are no fees or charges deducted from their funds. It also ensures a level of consensus by using a delegated proof-of-stake and multithreading algorithms. Users of the network can also communicate and discuss via the EOS forum dedicated to members of the community.

R3 Corda

When using Corda, businesses can make transactions without sharing information with smart contracts. These transactions are direct and strictly in privacy with the smart contracts using the networks. There is also ease in handling things on the network as it reduces the need for keeping records or wasting extra costs, which is possible due to the method of streamlining used by its business processes.

CordApps, which are the applications that were built using the Corda network is designed with consideration for various sectors and services. It can work with healthcare insurance, agriculture, finance, etc. It is also quite flexible and scalable depending on the needs of the business and user.

How to Earning Passive Income from Cloud Mining

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Bitcoin’s price has been rising incredibly and continues to trend upward. Many people may think that if they cannot buy a Bitcoin mining machine, they are missing out on a huge opportunity to generate profit.

Mining cryptocurrencies is one of the best ways to make money. However, the high investment threshold may discourage the average crypto enthusiast. Mining requires pricey equipment and there is a shortage of mining machinery as the rise in Bitcoin’s price has led to more investors seeking to invest in cryptocurrency. According to Bitcontinental’s official website, to pre-order its flagship S19 pro, S19 and T19 to mine cryptocurrencies, deliveries will not be made until May 2021. While it may be tempting to purchase a mining machine, the cost of maintaining these machines is huge and beyond the means of the average crypto enthusiast.

But who says you must buy a mining machine to mine cryptocurrencies? There may be another way around it. Cloud mining is the process of cryptocurrency mining using remote data centers with shared processing power. This type of cloud mining allows customers to be able to mine Bitcoin or other cryptocurrencies without managing the hardware, simply by signing up and purchasing a mining contract. This is why cloud mining has become so popular, as it offers crypto enthusiasts the opportunity to mine digital assets at a fraction of the total cost.

Minerplus was founded in 2015 as one of the earliest companies to provide cloud mining services. It is trusted by more than 1,200,000 users worldwide. Register and join Minerplus.io, you can participate in cloud mining simply and easily.

Minerplus.io offers a simple web interface that makes it easy for customers to sign up and verify block transactions. Additionally, as a new user benefit, you get a $3 sign-up bonus. With a $50 to participate in cloud mining, this makes it possible for many cryptocurrency enthusiasts to participate without having to purchase expensive mining equipment.

As a newbie project, the $50 cloud mining project has a 1-day contract. At the end of the contract, you will receive a $5 profit. Minerplus also offers other cloud mining projects with different durations and rewards. Participating in the $200 Cloud Mining project will earn you a $15 profit at the end of a 7-day contract, while participating in the $500 Cloud Mining project will give you a $62 profit at the end of a 12-day contract. At the end of the contract period, you can immediately withdraw your capital and profit or continue investing in this project or others. Minerplus offers a full guarantee of principal and profit for each cloud mining project. This allows you to generate a stable passive income every day.

In addition, Minerplus provides a referral plan where you can earn a 2% commission for referring friends and family to the service. This is a really good product for earning passive income for those who have a low-risk tolerance. To learn more about Minerplus, please visit their website at https://www.minerplus.io/

The Inevitable Rise of the Staking Platforms

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The upgrading of Ethereum’s network to ETH2.0 did not only bring about the benefits of greater scalability and faster transaction speeds. It has also given rise to many staking platforms.

Is this good or bad? This is a question most Ethereum users don’t really pay attention to. For many, what matters is that they have a platform to use in order to earn staking rewards. However, different platforms have different policies and features.

Here’s a rundown of some of what staking platforms are offering to differentiate themselves from others.

Non-custodial staking

At least one staking platform acknowledges the issue of custodial staking, which is the default for most platforms. Under this arrangement, there is a centralized service that manages all of the ETH staking process on behalf of the user. This means that the service provider takes custody of the user’s private validator keys and withdrawal keys.

Custodial staking comes with a number of risks. For one, it would be difficult for users to guarantee the security of their keys. They have no influence on how the custodian secures the keys. Additionally, the setup is predisposed to the chances of suffering from reduced rewards and drastic slashing penalties.

Non-custodial stalking platforms eliminate the said risks while ensuring a high level of transparency. They usually employ open source systems and rigorous auditing. Also, many of them maintain a policy of not taking a share from user rewards.

Semi-custodial staking

There are also platforms that follow the semi-custodial model. Under this approach, the staking service provider usually advertises its platform as non-custodial in nature, but they actually require users to surrender their validator keys. Users get to keep their withdrawal keys but not the ones for validation. This model serves as an acceptable enough compromise for both the staking service platform and the users. It comes with the risk of suffering from severe slashing penalties and reduced rewards, but it is less prone to successful cyber theft or hacking attacks

Staking through decentralized apps

The dApp TronPredict has found an opportunity to become a staking platform by introducing TronPredictToken in TronPredict V3.0. Users get to earn this new token whenever they stake their prediction on TronPredict. The amount that can be earned is based on how much TRX was invested.

This is not necessarily the standard idea of staking, but it is an innovative approach by decentralized apps to offer something based on the idea of ETH staking. In a way, it helps promote a sense of reliability among users by making them go back to the platform later.

Staking through ETH wallets

This idea of staking has been made popular by CryptoLocally, which released the second generation of its Finance Wallet back in November 2020. The upgraded wallet makes it possible for users to earn staking rewards. CryptoLocally integrates popular decentralized finance protocols such as Maker and Aave to enable easier yield farming under a non-custodial staking model.

With the growing popularity of Ethereum and the news of its rising prices, it is not unlikely for it to come close to the success of Bitcoin. With this comes the emergence of more staking platforms in their various forms and innovations.

CryptoGames –Spectacular Games, Invulnerable Security, Swift Transactions and Much More!

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Online Gambling is a sort of heavenly delight that can bring endless joy and infinite riches to one’s life. This is where a splendid nature of entertainment and a way to achieve tremendous proportions of cryptographic money merge to convey a grand experience for a gambler. Online casinos are the cutting edge of advancement in the betting industry, which continually improves the quality of entertainment and administrations offered to gamblers. Plus, the amount of web-based gamblers has expanded in parallel to the popularity of gambling sites. This has created a market where the demand for online casinos, that offer acceptable types of services, is extremely high. The extraordinary online gambling site alluded to as CryptoGames comes as a rescuer in the current situation and conveys with it a lot of great services and captivating games that can fulfil the needs of any committed player.

Owned and run by an association known as MuchGaming B.V, CryptoGames is an internet crypto betting site approved and under the domain of the public authority of Curacao. The gambling site has amassed hundreds and thousands of clients and customers from all around the globe. It has accomplished this enormous achievement through its work in providing top quality services and its determination in meeting the expectation of its clients. With an incentive to keep up the exceptional standard of its services and its obligation to its phenomenal customer base, CryptoGames has achieved the appreciation and respect of peers from all corners of the world. With firm determination, CryptoGames wants to improve the nature of its administrations and start an era of flawlessness and heavenly amusement for gamblers all over the web.

Plunge into a world of endless delight by playing outstanding games!

Visitors of CryptoGames are spellbound with its simple yet perfect interface
CryptoGames has designed an impeccable interface for its clients, which has a heap of exceptional features that can make the experience of any player spectacular. The site has an exceptionally easy to use UI and its simplified and alluring design has gotten superb feedback from a dominant part of visitors on the site. The entirety of the sites magnificent highlights and features can be effortlessly accessed and savoured by anybody visiting the online casino. Even first time visitors on the site face basically no difficulty examining and getting to the different pages on the site. The presence of the chat box presents clients with the opportunity of having conversations with each other and the total absence of unnecessary designs grants players the opportunity of investing their complete dedication on their games. Likewise, the light weighted interface allows the games to be played on most devices with constant improvement being made to have better support on mobile phones. Even gadgets with low specs can be used to load and play the games. Customers can flip between games by pressing a couple of buttons and scan their betting history near each game that is being played, allowing them to easily better analyse their session. Clients of the site also have the opportunity of changing themes by getting to the settings situated at the upper right, under “Your Account”. Users preferring a darker theme can switch to “Dark Mode” as a theme and is used by swarms of users on the site. All other important links such as FAQ, Chat Rules and Support link can be found at the bottom.

CryptoGames is a casino that values client satisfaction above all else. The casino has created a library of stellar games that has helped it acquire huge respect and regard from the gambling world. These games have acquired enormous love and adoration from the betting scene through the nostalgic vibe they give off. In fact, many of these antique games have existed sometime before the web transformed into a household name. CryptoGames offers 8 of these stunning games. You may be wondering why only eight games are offered despite being such a big casino. This is because CryptoGames doesn’t wish to impede the focus of players by introducing hundreds and thousands of games. Few selected games allow users to have a better understanding of the game mechanism, which in the long run will help users to make a better profit. The games moreover come with various aides and bearings that contribute immensely in helping players with learning these games in the best way conceivable. The games offered by CryptoGames are – Dice, Slot, Roulette, Blackjack, Lotto, Plinko, Video Poker and Minesweeper.

The games offered by CryptoGames are also immensely popular in the wagering scene for being provably fair. This is where cryptographic techniques can be used to decide if any betting site intrudes with the result of games and players can use these to check outcomes of games and bets. Thus, Provably Fairness is used to determine the credibility of an online casino and decide whether it is absolutely impartial. An easy to understand guide on the best way to check the reliability of bet results by utilizing seeds and hashes is additionally given my CryptoGames. The betting site moreover uses RandomPicker, which is an application that ensures steadfastness of all lottery draws by utilizing cheat acknowledgment procedures. All important data is also open to general public, and can be used to choose the faithful nature of games.

Have a look at CryptoGames Terrific Referral Rewards and Humongous Jackpots!
Throughout its tenure as an exemplary online casino, CryptoGames has seen an enormous spike in player numbers and an overall improvement to the picture and greatness of the gambling site. This is generally a result of the stunning referral reward program given by CryptoGames. 15% of the house edge of the wagered amount is given to players for each referral they make. This referral commission will be given to the player with no conditions attached and won’t be influenced by any outcome of the bets of the referred player.

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Also, Games offered by CryptoGames routinely have incredible big jackpots. These games are always getting explored by serious players who couldn’t imagine anything better than to get their hands on these bountiful stakes! As of now, rounds of Dice and Roulette boast gigantic jackpots and are trailed by players who are carefully looking on to guarantee the loot! The Dice jackpot of Bitcoin remains at a striking 3.75 BTC and will become the prize of a skilled and blessed gambler. Current jackpots of other coins can be found by visiting the jackpot tab of the respective coin.

CryptoGames’s fantastic security conventions will safeguard your priceless funds!  

Dependable safety measures should be taken to deal with the gigantic number of online aggressors who are always ready to loot user funds from ill-equipped gambling sites. These atrocious hackers and aggressors are ceaselessly searching for weak security conventions that they can break in order to achieve their objective of taking cryptocurrency.

CryptoGames has integrated a number of strong security conventions into its system in order to defeat the undertakings of any malicious programmers on the site and to guarantee there is an indestructible layer of security among them and customer funds. The site has presented Two-factor Authentication and SSL encryption into its structure, putting an outright stop to client store theft. This measure is extremely effective in protecting funds even in the case when client account details and password are compromised by the hackers. Moreover, even in dire events when customers have never enabled two factor authentication, compulsory email affirmation ensures hackers can’t pull out any users’ funds without having access to their emails. In conclusion, even a direct hit on the CryptoGames site by atrocious developers will yield no outcome, as CryptoGames stores funds in cold wallets. These amazing security highlights ensure that customer funds are completely shielded and are far from the grasp of any online aggressors of the web.

Relish Uncountable Promotions, VIP Programs, Wagering Contest and Remunerative Events with CryptoGames as the year progresses!
The users of CryptoGames appreciate incalculable events where they are given plenty of free coins, voucher codes, lottery tickets and other captivating prizes! Customers are notified about these novel events through the CryptoGames social media accounts and the Bitcointalk forum. Moderators also host a huge number of custom games during these events that give players the possibility of winning significantly more coins and rewards. Every year different holidays are celebrated with the community at CryptoGames. We can see users participating in those events and enjoying themselves to the fullest. Every Monday Users relish a No Bet Limit event that lifts the boundaries on number of bets a user can place per second and presents clients with a rewarding opportunity to get a higher number of coins as a greater number of bets each second can be set during this exceptional day. Besides, weekly challenges are held where users are rewarded for completing those.

Other than that, monthly wagering contest is what all the ardent gamblers are very interested in since the wagering contest rewards users very generously. Besides, few top users of the monthly wagering contest are also provided with the VIP status. VIP users enjoy wide range of benefits that will last for a month until the next wagering contest winners are declared.


Complete Financial Transactions with ease and comfort with the help of integrated features such as Coinswitch!
Rapid transaction options are crucial in keeping up the consistent flow of users in a gambling site and guaranteeing the site works in tip-top condition. CryptoGames has targeted the areas that can improve financial flexibility inside the gambling site and has made basic modifications that ensure monetary exchanges are particularly quick and smooth. The clients of the site can choose to complete any trades through 9 distinct kinds of cryptographic money. Bitcoin, Dogecoin, Ethereum, Litecoin, Dash, Gas, Monero, Bitcoin Cash and Ethereum Classic can be utilized for any exchanges inside the online casino. A test money “Play Money” is also offered to clients that can be utilized to survey different strategies and methods that the player needs to use without impacting the client’s own balance. These choices guarantee reliable and convenient monetary alternatives and permit clients to absolutely concentrate on wagering instead of stressing over immaterial issues, for example, sluggish withdrawals or deposits.

Players of CryptoGames are not confined to the 9 sorts of Cryptocurrency directly acknowledged by the gambling site. Clients can choose to complete trades utilizing other altcoins with the help of a third party integrated instant exchange that has been presented by CryptoGames. This exchange is known as “Coinswitch” and it tends to be used to deposit and withdraw various kinds of altcoins that are not acknowledged by the betting site. The Coinswitch interface changes any deposited altcoin to a coin recognized by the site. These coins can also be exchanged back to the coin they deposited through the same process while withdrawing. Coinswitch ensures that trades are swifter and are more convenient in CryptoGames and empowers players to save time and energy as they don’t have to contemplate over approaches to exchange their altcoins through an external website. Users can also take advantage of the exchange system within the site. If a user wished to convert his coin at CryptoGames to another coin, the builtin exchange will do it for them instantly.


Final Words
CryptoGames is an online casino that has dominated the gambling industry for years. It has all the instruments necessary to provide glorious amusement and dazzling services to players everywhere on the globe. Its library of nostalgic games has brought swarms of excited players, who love to relish the hypnotizing satisfaction they give. Its security conventions keep client funds away from the grasp of vindictive programmers. Its fine deposit and withdrawal options guarantee a smooth progression of Cryptocurrency inside the casino and assure gamblers that no time is lost in slow transaction and exchanges. CryptoGames is an asylum for both beginner and veteran gamblers and it continues to embark on its journey of becoming the world’s top online casino through its dedication to its fantastic community of users.

Ultimate Guides To Buy Bitcoins

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This guide explains how to buy Bitcoin from anywhere in the world and connect you to payment options. In this article, you will learn how to buy Bitcoins with a service that allows you to invest in Bitcoins with sterling.

There are several options to buy Bitcoins and dollars on exchanges, but if you want to buy Bitcoin or other cryptocurrencies on the Exchange you choose, you have several platforms to choose from. You can also buy Bitcoins or other cryptocurrencies at any of your choice exchanges, such as Coinbase, Bitfinex, Mt. Gox and others.

Another way to buy Bitcoin and US dollars is to choose a platform that accepts bank transfers and deposits. By linking your bank account to your wallet, you can buy or sell Bitcoins and deposit money directly into your account. You can also use nairaex.com, a popular platform for buying Bitcoins by bank transfer and buying coins with a debit card or Paga.

You can also send Bitcoins to anyone who has Bitcoins in their wallet, receive Bitcoin money, and send them to other users. AbRA users can buy Bitcoins through the app, convert other assets into Bitcoins via Abras and then transfer them into an external Bitcoin wallet. You can use the AbaRra app to send Bitcoins to other Areas users and use it to buy Bitcoins, convert other assets into Bitcoins and convert them into AbrA ™ and then transfer them to external Bitcoin wallets.

If you want to buy Bitcoin in the US, you must first verify your identity on most exchanges. If you prefer to keep your Bitcoin transactions anonymous and not have the hassle of banking problems, or if you happen to live in another city, direct trading with a local seller would be an easy way to buy Bitcoins.

Most exchanges accept credit and debit cards, and these are generally the fastest way to buy Bitcoins. Once you have checked your ID, you can buy Bitcoins with a credit card or any other payment method.

Of course, buying bitcoins is fast and usually cheap, and you can buy them quickly and conveniently, but credit card providers earn money from currency spreads and fees. Bitcoins can be purchased with credit cards, debit cards or other payment methods as long as they are within the Bitcoin ecosystem, referring to the network of bitcoin exchanges, purses, exchanges and other exchanges worldwide. 

That’s all you need to know about buying bitcoin and other cryptocurrencies with your iPhone. The easiest way to buy Bitcoin on the iPhone using the Coinbase app (or cash app) is probably the easiest of them all. Just download the Coinbase app and you can start buying and trading bitcoin.

Buying Bitcoin directly from Coinbase is as easy as buying something from Amazon, but Coinbase makes it much easier and more convenient than Amazon. You can buy and sell Bitcoins directly on Coinbase, which makes it incredibly easy to use, and you can also buy Bitcoin daily, making Coinbase one of the most popular Bitcoin exchanges in the world.

For 1 euro, it is possible to buy a whole BTC, but you don’t need to buy it with a credit card. You can also buy Bitcoins from other Bitcoin owners, just like an item on Craigslist. Some ATMs allow you to buy only Bitcoins, while others allow you to sell your Bitcoins and get cash in return.

If the price of a Bitcoin is $20,000 and The Bitcoin buyer has only 10 dollars to send or invest, the user can buy 10 Bitcoins. This means you can buy an entire Bitcoin, not just a BTC or even a single Bitcoin. Once you have bitcoin, you could buy a tablet-like Nano that stores bitcoin offline, away from hackers.

If you want to buy Bitcoin, it is strongly recommended that the Bitcoins you buy are not stored in the Exchange once purchased, but in a wallet created by the buyer. When you buy Bitcoins on most exchanges, you have the option to transfer your coins into a Bitcoin wallet. Once you have your wallet, you can buy Bitcoins on the Bitcoin exchanges through a bitcoin exchange that you interact with, such as Coinbase or Bitfinex.

If you are serious about buying and using Bitcoin, you may want to get your own BTC wallet, which you control and sit offline on a USB stick. When you buy your first Bitcoins or any other cryptocurrency, you should consider moving your money to a more secure wallet that is only yours to control.

It’s a bit like Bitcoin, but you’re transferring your holdings digitally, not digitally. The process of buying Bitcoins through PayPal is the same as buying them with a credit card. You need a credit card or bank account to make the payment and you transfer money from your wallet to your PayPal account.

To Buy Bitcoins

This guide explains how to buy bitcoin and how to finally buy your first bitcoin or start investing today. We have gathered information from over 300 cryptocurrency exchanges worldwide and created a quick guide to help you choose the best cryptocurrency exchange and a list of the best places to buy Bitcoins.

The first step is to choose a wallet or exchange provider, so we’ve chosen a place where you can buy and store your Bitcoins. If you have a Bitcoin wallet, you must exchange your bank account details before you choose another exchange, and if you choose another exchange, your credit card information.

By linking your bank account to your wallet, you can buy or sell Bitcoins and deposit money directly into your account. Once you have linked your bank account to your wallet, you can sell or buy Bitcoins or deposit the money directly into your account and keep it in a safe place.

However, buying Bitcoins through PayPal also has a downside: you can’t send them to others or move them into your wallet.

After setting up your Bitcoin wallet, you can go directly to a machine that functions essentially like a normal ATM. This machine allows users to buy and sell Bitcoins anonymously, but the potential problem is that you have to find the machine that does what you want, and the machines that do it are rare.

Musk-Effect: Bitcoin [BTC] Blasts Off As Price Nears $50K

Bitcoins can be exchanged for cash, withdrawn or used to buy and sell Bitcoins. None of the best-known bitcoin exchanges on the market is currently, so I went through the process of buying bitcoins from the majority of the other companies mentioned on this list.

If you prefer to keep your Bitcoin transactions anonymous and not deal with banking problems, or if you happen to live in another city, direct trading with a local seller would be the easiest way to buy Bitcoins. To buy Bitcoin with cash on LocalBitcoins, you must travel to the seller and send the money. 

Another option is to buy Bitcoins directly from the seller, who is likely to pay much more commission than elsewhere. Some ATMs allow you to buy only Bitcoins, while others allow you to sell your Bitcoins and get cash in return.

More experienced investors should consider this option, as it involves buying Bitcoins directly from a dedicated cryptocurrency exchange. Bitcoins can be exchanged for another cryptocurrency, BTC, which is equivalent to buying BTC. If the Exchange does not allow you to purchase BTC by bank transfer or credit card, you can pay BTC into the Exchange.

If you’re interested in buying bitcoin just to understand how it works, check out Coinbase Pro. While Coinbase alone allows you to buy and sell Bitcoin, it is important to log in to Coinbase before linking to the exchange platform, which gives you greater control over your purchases. Use your Coinbase account without logging in first and use it to log in first.

The price of Bitcoin is constantly changing, so your goal should be to buy Bitcoin at the cheapest price. But if you want to use this, you first need to know how to buy bitcoin and what to do with it if you have it.

This last step is the easiest, as you can link your Bitcoin wallet to the Bitcoin exchange of your choice and decide how much Bitcoin you want to buy. Since this is your first Bitcoin purchase, choose an amount that will not affect you if it falls to zero.

When you decide where to buy your Bitcoin, you pay a conversion fee that you must consider all currency things. If you transfer your Gbp to a stock exchange that trades only in US dollars, you will be charged conversion fees. 

It is quicker and usually cheaper to buy Bitcoin using a payment method such as a cash app or cell phone. P2P exchanges facilitate this type of transaction, as is the case with the private purchase of Bitcoin by another person (LocalBitcoins).

Anyone buying Bitcoins from a Bitcoin ATM or privately buying them remains anonymous. If you bought Bitcoin in cash, the Bitcoin ecosystem, known as the “Bitcoin ecosystem,” works much like the real world. 

If you buy Bitcoin on an online exchange, you can purchase Bitcoin through a standard broker account. It is easy and safe to buy and trade bitcoin and other cryptocurrencies from the Exchange you choose and connect to payment options. If you bought Bitcoin in cash, it is easier and safer because you would buy Bitcoin with the credit card or bank transfer. You can also buy or exchange Bitcoin (or other cryptocurrencies) from any exchange as long as you are connected to a payment option. Your choice of Exchange: Choose an exchange or connect to any payment option.

3 Tips for Your New Accounting Firm

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Although accountancy may seem like a role for more traditional forms of currency, even cryptocurrency traders need an accountant. As a result, if you want to take the steps towards operating your own business and remain in the cryptocurrency world at the same time, starting up an accounting firm makes a lot of sense.

As with any small business, however, starting an accounting firm requires one element above all else: a lot of hard work. You also have to figure out the purpose, market, and overall goal of your prospective company. Additionally, it’s obviously beneficial to be a licensed accountant – although this isn’t a necessity depending on how your business is set up. If you hire a manager, for example, they can have a CPA license instead of you.

When it comes to setting up this type of business, there are many aspects to take into consideration. Below are three of the main ones when starting a new accounting firm.

1. Insurance is a must

Before you journey too far into the process, it is essential you get the right insurance coverage for your upcoming firm. When you have insurance in place, you can be safe in the knowledge you’re operating both lawfully and safely. Furthermore, it protects your firm from potential financial loss should you encounter a disgruntled client.

When searching for insurance, you’ll find there are various policies on offer. These are each created with different risks and industries in mind. To make the search easy, however, specialist accountant insurance is available. With this, you know you have the right type of coverage for your firm.

2. Go virtual

Here’s a question: Would you rather spend $2,500 or $25,000 on start-up costs for your accounting firm? Of course, your answer is the lower number of the two. Well the difference between them can all be down to one element: the space you use for work.

If you decide to go with a traditional brick-and-mortar approach, this is going to put a significant hole in your budget. It does, however, give your business a more professional appearance and a physical location for clients to visit.

Yet operating digitally is all the rage right now – and for a good reason. It means you and your employees (if applicable) can work from home, forgoing the need for a physical space. Plus, thanks to advances in technology and software, you don’t require a load of space for tangible equipment. You can get away with just a laptop and printer.

3. Define your brand

What type of accounting firm are you hoping to be? Do you want to target specific clients like cryptocurrency traders? Maybe you want to be an affordable online solution for small businesses doing their taxes? Perhaps you will be a jack of all trades and cover all bases?

Whatever route you decide to take, it is important that you define your brand. With a strong brand, the public is going to know exactly what your firm stands for. It will also help your company stand out from the competition.

How to Trade Bitcoin – A Simple Guide for Beginners

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Bitcoin, introduced in 2009, was the first of a new genre of asset called cryptocurrency, a decentralized form of digital currency that eliminates the need for financial transactions by conventional banks and other financial institutions and governments. Bitcoin has grown rapidly and spread far and wide in a relatively short time and is popular all over the world. Often known as “Digital Gold,” a properly stored bitcoin can not be stolen, hacked, or seized either by government.

Bitcoin trading is an act of buying low and selling high. When you trade bitcoin CFDs, you never interact directly with an exchange.

The same way that traditional exchange works, bitcoin exchange takes place. There are no third parties involved in the transaction of bitcoins. Only the sender and receiver will be involved in the transaction process.

If you’re dealing with a bitcoin transaction, there are a lot of advantages for you. There is no transaction fee, and even you don’t have to deal with bank procedures as it takes a lot of time. This is an instant process, and it’s completely safe and secure.

If you want to take a position on the price of bitcoin, you need an IG trading account. On the other hand, if you want to get passive income in a very short time, you can invest in bitcoin.  You can also invest in the trade cfds for profit if you want to get profit instantly.

How to Trade Bitcoin – Know in Detail?

Bitcoin trading is very popular, and there are a number of ways you can trade cryptocurrencies and bitcoin. The profit will depend entirely on you, that is, how much time you can give to trading and how much investment you can make.

Basically, there are four ways of trading bitcoin ad they are listed below. Have a look,

  • Passive Trading:

Passive trading can be the best option for you if you’re interested in entering the cryptocurrency market and you’re a long-term holder.

On the other hand, this process will not take a lot of time. This method is both timeless and straightforward. You need to wait for the price to go up to a certain level, and then you can start selling it. Also, wait for the price to come down and then you can buy-in. It’s the process of dealing with passive trading.

  • Scalping:

It does various intraday trades on smaller market movements. You have to wait for a major opportunity if you’re the kind of trader that would offer many benefits to various small ones.

The cycle of buying and selling is the one involved in this trade. Scalping is one of the most common types of bitcoin trading.

  • Swing Trading:

If you want to take advantage of the market momentum, swing trading is the ideal option for you. They keep trends in price actions until the trend experiences a reversal.

If you have market experience and that trade strategy is an ideal option for you.

  • Day Trading:

Day trading strategies are for those traders who wanted to obtain the advantage of short-term opportunities in the bitcoins market.

This comes in the light of new trends emerging and news developing.   Day traders will open and close their place within a single trading day.

Reasons to Trade Bitcoins

 Yes, there are several reasons that make bitcoin both unique and exciting and there is a huge profit in it. Therefore, here are the reasons to trade bitcoins,

  • Bitcoin is volatile. This volatility help trader to make a quick and easy buck.
  • Bitcoin is open 24/7 which means you can trade bitcoin anytime you want.
  • Bitcoin is not fiat. It is not under the control of the single government.

The Final Thoughts

 The above factors are the best ones that will help you to trade bitcoins in a much easier way. You must learn the process in detail that is mentioned above.

Read the above instructions carefully and all the four trading strategies if you want to trade bitcoins in a much easier way.

 

 

 

 

Why TRON Could Outpace Ethereum DApp Growth

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TRON is known as a highly ambitious project that seeks to revolutionize the digital entertainment industry by building a decentralized content sharing and entertainment platform.

Founded by Justin Sun, TRON was able to raise $70 million during its ICO in September 2017. Based on its whitepaper, the TRON code base was initially a fork of Ethereum and it made use of the Solidity smart contract language, which is Ethereum’s programming language.

After its main net in May 2018, it migrated to its unique network that is powered by the TRON (TRX) coin.

TRON Virtual Machine (TVM)

The TRON Virtual Machine (TVM) is an application environment or operating system that can emulate computer systems. It was built not only to make the TRON ecosystem bigger and better but also to test and execute Decentralized Applications (DApps).

Tron’s DeFi Strategy Revolves Around a New Token, Twitteratis call it a Scam

There are two main benefits to having a virtual machine. First, for instance, if a programmer using a Windows computer needs to complete a project that should be made on a UNIX-based operating system, then he only needs to use the virtual machine to create a new application environment instead of buying a new computer.

Second, DApps developers can easily create smart contracts that operate on the TVM using programming languages that they are already familiar with instead of having to learn new programming languages every time they need to create a different application.

What’s more interesting about TVM is it is designed to be highly compatible with Ethereum’s Virtual Machine (EVM). Ethereum developers can easily port their DApps in Ethereum to TRON. However, even if TVM is compatible and highly similar to EVM, there are still two striking differences between them.

First, transactions on Ethereum are fuelled by gas which means that its users are being charged to make transactions. On the other hand, TRON has a concept known as “bandwidth” which makes smart contract transactions free.

Second, unlike EVM, TVM does not have scalability issues. This is because TVM can handle thousands of transactions per second.

TRON Developers

In January 2020, Ethereum officially announced its One Million Devs initiative that aims to build a larger Ethereum developer base. According to its website, Ethereum already has around 200,000 active developers and it aims to get at least 1 million active developers by the end of 2020.

If ever Ethereum happens to have at least 1 million active developers, this can still be considered as good news since there is a chance that some of them will eventually realize the advantages of the TRON ecosystem over the Ethereum ecosystem. Once they are ready to switch, they can easily port their Ethereum DApps to TRON.

TRON DApp Growth – How TRON Is Expected To Beat Ethereum

On March 28, 2020, Justin Sun announced the official release of Djed, a lending platform that utilizes Collateralized Debt Positions (CDP). The interest rate will be in the form of the stability fee. In order to mint USDJ, TRON users need to commit TRX collateral. Also, the governing token is dubbed as JED.

It’s important to note that TRON’s release of Djed represents its bold move to beat Ethereum’s decentralized finance (DeFi) apps. According to a recent report from DappReview, the total amount of transactions processed on Ethereum DApps in 2019 was around $12.8 billion. More than 90% of the transaction volume was from Ethereum DeFi Apps. On the other hand, TRON’s total transaction value was around $4.4 billion. Around $3.9 billion was processed through TRON casino DApps.

Through Djed, TRON is expected to get a share of the pie when it comes to DeFi transactions this 2020.

Moreover, Team Just, the developers of the viral Ethereum-based Fomo3D game, released a new DApp. Instead of launching it on Ethereum, they released it on TRON. According to them, TRON’s ecosystem can provide their DApp with better scalability and higher throughput.

The new game is called Just. Game. It’s a mind-blowing game that incorporates exciting ideas related to the Game Theory and economic incentives. Based on its slogan, it is like a “tech disguised as toys” game that makes use of autodecentric technology.

Lastly, as mentioned earlier, TRON is primarily being used for creating casino DApps such as TronBet, HyperSnakes, Rocket Game, TronVegas and TronTopia. In fact, around 432,000 TRON users use TRX for playing at crypto casinos. The top TRON casino sites are Wink, Bitcasino.io, 1xBit, 888TRON and FortuneJack. These casino sites are using TRON smart contracts so they can offer their players provably fair games as well as fast payments.

Why More DApp Developers Prefer TRON Over Ethereum

Many Ethereum developers are now taking advantage of TVM’s compatibility with EVM in order to port their Ethereum DApps to TRON.

One of the primary reasons why they are switching is because of TRON’s better scalability, higher throughput and more secure platform, which technically means more activities and profits for them.

On Ethereum, only 20 transactions per second can be completed. On TRON, there are 2,000 transactions that can be completed per second. This is the reason why many “Ethereum Killers” claim that Ethereum cannot be used for real-world applications. Also, based on CoinMetrics Network Data Chart for the month of March in 2019, Ethereum only had around 600,000 transactions per day while TRON was able to process around 2.5 million transactions daily. During the same month, Ethereum only had around 11,000 active users while TRON had around 70,000 active users.

Another reason is Ethereum’s gas fees. The gas price refers to the amount a user needs to pay per unit of gas/computing power. Deploying a contract on Ethereum has a minimum gas price of 32,000 gas plus around 200 gas per byte of the source code. A report from Hackernoon estimated that an Ethereum DApp developer needs to pay around 90 ETH per year to deploy his DApp that processes around 1 million transactions per year. This estimate excludes the running costs paid by its users. The annual cost can be significantly higher if a DApp processes a lot more transactions per year. Meanwhile, TRON charges zero transaction fees.

Clearly, TRON has a lot more to offer to DApp developers. It is thus not surprising that many are expecting it to dominate the DApp market a few years from now.

Blockchain Technology and COVID-19: A Solution to a Crisis

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The impact of coronavirus (COVID-19) is felt by all businesses, communities, and individuals around the world. More than 2.1 million people worldwide have been infected with COVID-19, and more than 180,000 people have died from the disease. It has changed our way of working, playing, socializing, and learning: schools are closing down, sporting events are canceled, companies closing down, people are working from home, national lockdown, and the impact list goes on.

COVID-19 is a major global threat to public health and has sparked shock waves across medical systems, the payment sector, supply chain networks, and other key social aspects of society. The recent pandemic highlights the need for an organized response from different countries, companies, and charities. But how can these grants and donations be managed, delivered, and channeled more transparently and efficiently?

Countries around the world are deploying technologies to help resolve some of the major challenges associated with COVID-19. The epidemic outbreak has taken blockchain technology into the limelight as it helps fight the day-to-day battle against COVID-19. The word blockchain is most frequently linked to Bitcoin, but as some people misunderstand, blockchain is much more than bitcoin, and not fundamentally linked to the latter.

In the simplest of words, a blockchain is a time-stamped series of permanent data records that is maintained by a network of computers not owned by any single entity. Any transaction that goes into the activity record is enclosed in a block and connected together to form a chain in sequential order, giving itself the term blockchain. Its main characteristics are the immutability, traceability, decentralization, transparency, and veracity of its data.

Several businesses like Traxalt, a digital financial institution, the European Union, multinationals like IBM, law firms, real estate, and music agencies are using blockchain to improve their daily activities.  

But what are the real advantages of this technology and how can it help us during this time? First, we must define it as a decentralized registry, characterized by its veracity and reliability without the need of a trusted third party to manage or monitor its data. Blockchain is immutable and transparent, which implies that the data contained within cannot be modified and is completely traceable and reliable. Blockchain technology also removes intermediaries, prevents data loss and alteration, and ensures traceability. This can play a significant role in guaranteeing that information on the epidemic is open and transparent and that epidemic materials are traceable.

Syren Johnstone, executive director of the University of Hong Kong, through a letter published by the University of Oxford, highlights the multiple uses of blockchain technology and its benefits. He calls all technology companies to get down to work and find solutions to the global health crisis. Currently, numerous blockchain networks are working to alleviate the effects of the crisis generated by the pandemic of COVID-19.

On the one hand, the need to channel all donations and track them makes blockchain the ideal platform during this time. If people were certain that their donations were reaching the right organizations and had a way to track and observe what they are being used for, it would significantly increase the number of donations. This practice was already used for the first time in 2018 to help flood victims in Eastern Uganda and more recently to support Australian fires, with very good results. In order to avoid criticism and to be completely transparent, the Shanzhong and Hyperchain blockchain network was created in China to manage all their grants and donations.

The second application of blockchain that helps governments fight against COVID-19, is its use to keep track of the delivery of medical supplies, such as masks, respirators, or protective equipment, as well as to prevent counterfeiting.

It is a reality that high demand and low supply cause unfair situations, deception, and a great lack of control throughout the supply chain. Hanzhong and Hyperchain blockchain, are also used to track the delivery of medical equipment. Another use has to do with the data recording.

Blockchain technology is also being used to keep the truthful, unimpeachable, and transparent record of the epidemic’s data. Examples of this could be the number of infected people, deaths, virus mutations, etc. This data provides documentation to understand the behavior of the virus and its progress.

The United Arab Emirates (UAE) has also developed a blockchain network for the digital authentication of official certificates and other documents, thus eliminating the need for citizens to leave their homes to carry out errands and other procedures.

It seems evident that everyone should be using all the tools at our disposal to face the COVID-19 pandemic. For this it is necessary to adopt the new technological advances including blockchain technology. The world is in this together and together we will defeat the current health crisis.

 

Warning: Hackers Can Steal Your Crypto With Coronavirus Maps – Safety Tips!

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Recently, a security researcher pointed out how hackers were using coronavirus dashboards for malware injection to dig a user’s data and steal its personal information.

The pandemic has been all over the news, people from around the world are constantly hooked to find information about it on their screens. Be it to learn more about the disease, its prevention, symptoms or statistics – content related to coronavirus, sells. 

Shai Alfasi, a security researcher at Reason Labs figured out that Coronavirus dashboards were used not only to provide information related to the pandemic but was also sucking out data. 

Hackers are now in a position to steal personal empirical data such as passwords, account details, card details, and much more sensitive information most people have stored on their browsers. Shai even stated how the notorious parties are currently targeting Windows devices only but in no time can learn attacking other devices as well.

Screenshot from 2020 03 24 19 11 23 1

It has been recorded that malicious programmers are using AzoRult to steal users’ data. The malware was first discovered in 2016 as an information theft tool that is used to steal browsing history, cookies, IDs, passwords, etc.  It was sold on Russian underground forums to collect various types of sensitive information from an infected computer. But not just this, the malware is now advanced to even pull out cryptocurrency-related information such as wallets IDs, passwords, private keys [if saved] and a lot more!

All of us go through articles and online content on trustworthy as well s untrustworthy sites. SOme store our information and some make us feel like they don’t. Nevertheless, at such vulnerable precedented times, it’s vital to keep our selves safe not just physically but even digitally. 

In such situations, precautions and digital data security is important. Here’s a list of things you can do to maintain your personal digital security:-

  1. Backup your IDs, passwords and wallet details offline. 
  2. Erase your cache, personal data storage, passwords, etc from your browsers. 
  3. If you notice a device you own is responding slower than usual or you’re experiencing persistent pop-up messages, spam, or malfunctions, your device may be infected with malware. In such a situation reset your device, check if your wallet has been compromised and install anti-virus/ malware software.
  4. Keep 90% of your crypto offline in cold wallets. 
  5. Keep only 10% or less of your crypto in hot wallets if you need liquidity in hand. 
  6. Don’t visit unpopular, shady sites for information related to the pandemic. Stick to government forums or popular secured sites.
  7. Run regular scans on your computer to detect any malware. 
  8. ‘Secure’ your network, and ‘think’ before you ‘click’ or ‘submit’ your details or ‘allow’ any sort of permissions.

Additionally, always check the domain you visit to avoid phishing activities. Monitor coronavirus maps closely as malicious sites function differently than originals. 

 

 

Disclaimer note: This article is not a piece of investment advice. Please do your own research before investing/trading in cryptocurrencies.