Month: December 2019
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EOS Vs Ethereum: Is EOS The Ethereum Killer It Is Hyped To Be?
Ethereum is the most valuable cryptocurrency next to BitCoin, but the two are fundamentally quite different. While BitCoin functions as a pure virtual currency or store of value, Ethereum is much more. It is an open-ended and decentralized platform that allows people to build Distributed Applications (“DApps”) and Smart Contracts on top of it. Today,…
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What is Lisk? A Guide to Lisk
A Layman’s Introduction Lisk, in one sentence, is a cryptocurrency that is used by developers to make their own cryptocurrencies. Normally however, developers do not make it a currency, but rather create a token that can utilise the useful blockchain technology behind Lisk. Some existing projects plan to revolutionise digital privacy, academic accreditation and music.…
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Exodus vs JAXX Wallets
What is a Cryptocurrency Wallet? Cryptocurrency wallets are the digital currency equivalent of your regular bank account or purse. They let you send, receive and store cryptocurrencies on your device of choice and are essential to the use of crypto. JAXX and Exodus are two of the most popular wallet services. In this guide, we’ll…
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Zcash vs Monero
Privacy coins explained The goal of cryptocurrencies is to create a currency in which nobody has the power to create funds or can control all the funds. Supporting this notion is the blockchain technology, which allows a decentralised trading process to take place digitally by swapping cryptocurrency tokens. However, an inherent issue in the goal…
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LocalBitcoins Review
How does it work? LocalBitcoins is a peer-to-peer Bitcoin exchange. In contrast to other traditional exchanges, your Bitcoins are bought or sold to other individuals rather than organisations who buy low and then selling higher than Bitcoin’s current price. This means that you could be purchasing your Bitcoins from your neighbor or your boss; and…
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Kraken vs Poloniex
Key Differences Poloniex Kraken Founding year 2014 2013 Location Delaware, United States California, United States Fees (overall) Very low Very low Transaction fees Very low Very low Withdrawal fees None; just the cost to the exchange None; just the cost to the exchange Deposit fees None stated Very low and limited Trading interface Great Great…
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How (and Where) to Buy Factom
Is Factom a Cryptocurrency? Before you get started on the Factom journey, it’s a good idea to make sure you investigate exactly what a Factoid (the principal currency token of the Factom project) is. Factoids, in contrast to other blockchain tokens such as Bitcoin, are not intended to be used as a form of currency.…
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What is Waltonchain and How to Buy It
Waltonchain is a China/Korea-based blockchain project named after Charlie Walton, the first patent holder (and thus considered the inventor) of the RFID device. RFID, as you probably already know, stands for Radio Frequency Identification Device. The concept behind Waltonchain is to merge blockchain and RFID technology. Waltonchain is a decentralized ecosystem that would allow for…