1
Crypto, a Game of Coins for all generations?
2018-05-30 12:12:12
Crypto, a Game of Coins for all generations?
My son, a millenial,  was the first to point out to me that perhaps you need to be of another, younger, generation to get into crypto-trading. And as a matter of fact the events in The Land of Bit over the last few days have been enough to throw anybody into a dizzy state of paralysis, let alone a relative beginner at the end of his first career and taking his first steps in this new virtual financial reality. Hard forks, soft forks, antminers, it sounds like something out of the latest Sci-Fi boxoff...

2
What is a nonce? Why are nonces important in mining?
2018-05-30 01:37:31
What is a nonce? Why are nonces important in mining?
A nonce is a number that is only used once. Hence its name is a portmanteau of number-used-once. Why is this kind of concept useful in cryptocurrencies' mining? Because nonces allow you to vary something in a predictable way and prove that you actually achieved a certain result in a proof of work scheme. Bitcoin blocks are chunks of data that are built up in a specific way, according to the Bitcoin protocol, and they can never be changed. That is the whole concept of a blockchain, each block is immutable...

3
How do I stake Cardano?
2018-05-30 00:28:00
How do I stake Cardano?
Cardano ADA will begin its fully decentralized operation later in 2018 when the Shelley update is released. Once the Cardano blockchain goes distributed, it'll allow users to participate in staking pools and earn proportional slot rewards (Cardano works in slots, not blocks). Our calculations of potential staking rewards aren't very optimistic but as some have pointed out in feedback received about that article the calculations were performed using data from January 2018 and the formulas in the Cardano s...

4
The QE Bubble: How Bitcoin might have helped expose the real financial bubble in world markets
2018-05-29 23:49:46
The QE Bubble: How Bitcoin might have helped expose the real financial bubble in world markets
Nobel Prize laureates in Economics, bank CEOs, the World Economic Forum, Bilderberg and George Soros have united against Bitcoin. Why? What do they all have in common? Couldn't they simply buy lots of cryptocurrencies and get in the game too? There's obviously more to their Bitcoin opposition than what they've stated as their reasons. It's not just about decentralization, regulation or difficulties for taxation (as if any of these were a problem, really) - there's more to it and the clue to understanding th...

5
Shoud I participate in an ICO? What should I look out for?
2018-05-29 22:41:52
Shoud I participate in an ICO? What should I look out for?
ICOs are crowdfunding events where a startup raises funds by emitting cryptocurrency coins or tokens. Investors become anonymous partners in the startup by buying tokens while betting that these tokens will soar in value once the project is complete. That's pretty much what an ICO is, apart from the compliance regulations which are appearing in some countries, complete bans in others, and other legal and business complexities. Should you participate in an ICO? It depends. What are your goals? For how lon...

6
Cryptocurrency Laffer Curve: Cryptocurrencies cannot ever be worth millions, or transaction fees would halt the network
2018-05-29 22:41:40
Cryptocurrency Laffer Curve: Cryptocurrencies cannot ever be worth millions, or transaction fees would halt the network
We see daily speculation about future cryptocurrency prices. Bitcoin will be worth U$ 10 million or "I'll eat my private parts", Ethereum will overtake Bitcoin, and so on. Speculating about prices is part of human nature, but there's a catch about excessive valuation of cryptos: crypto transactions are paid in cryptos themselves. Consider, then, an analogy between cryptocurrency fees and government taxation and the analogy to the Laffer Curve becomes obvious: there is a point in crypto valuation where tr...

7
How does Proof of Stake work?
2018-05-29 19:23:55
How does Proof of Stake work?
In the cryptocurrency universe, Proof of Stake (PoS) is an alternative to Proof of Work (PoW). While PoW seeks to guarantee that each network participant has performed a certain amount of work in order to receive a reward, Proof of Stake requires participants to prove that they are willing to guarantee the integrity of their participation by "risking" a certain amount of cryptocurrency in the minting process. Participants thus "stake" a certain amount every time they verify a block of transactions. If...

8
What are CryptoDepository Receipts?
2018-05-28 16:35:09
What are CryptoDepository Receipts?
A CryptoDepository Receipt is a smart contract that is meant to represent something. It is a cryptographic note that can represent anything, any asset, any rights, currency or anything else in a "real world" transaction. CDR's are what we denominate KYC (Know Your Customer) compliant. Which means that any institution which underwrites CryptoDepository Receipts must have full ID and personal information about the customer. This means that online exchanges which do not require identification and are not KY...

9
Understand cryptocurrency and ICO bounties
2018-05-28 16:06:24
Understand cryptocurrency and ICO bounties
If you follow interesting cryptocurrency projects on forums and social media then you've likely seen the term "bounty" appear every now and then. What is this bounty they refer to and how can you profit from it? As you've probably noticed, cryptocurrency projects are community-driven. Some ICOs have distributed teams around the world, aren't physically together and many times some members of the ICO team haven't even met each other personally! The same applies to the Bitcoin development team. It's a dive...

10
Understand how cryptocurrency price is determined
2018-05-22 15:58:22
Understand how cryptocurrency price is determined
The US Dollar price we see listed for major cryptocurrencies is an average that takes all the major crypto exchanges into consideration. For example, on Coinmarketcap, there is a specialized tab that lists the sources for the current listed price, under "Markets"¨: As you can see, Coinmarketcap sorts the sources by 24 hour volume. This makes sense, since the higher the volume the more relevant the data. Take, for example, an obscure exchange where only a few thousands of U$ were exchanged in the pas...