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ELI5 PIVX Cryptocurrency
2018-11-08 19:29:29
ELI5 PIVX Cryptocurrency
PIVX stands for Private – Instant – Verified – Transaction(Tx). It is an MIT-licensed, fully open source, blockchain-based cryptocurrency which promises to offer quick transactions while paying low fees and high network decentralization. PIVX uses Zero Knowledge cryptography proofs for industry-leading transaction anonymity. PIVX is the first cryptocurrency to implement a directly spendable Zerocoin protocol and has also developed and implemented an industry-first Zerocoin-capable Proof of Stake co...

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ELI5 Pillar (PLR)Cryptocurrency
2018-11-08 19:29:20
ELI5 Pillar (PLR)Cryptocurrency
Mineable? If so how is it mined? PLR or Pillar is non-mineable wherein you can use this type of coin for trade just like other Altcoins. The only way to gain profit is to wait until the price of PLR is rising then you will be able to sell them high. But in order for you to have this coin you must have or who should buy some ETH or BTC after that bring them token into the following crypto markets such as Tux Exchange, ShapeShift, bter, EtherDelta, HitBTC, Cryptopia, Zaif, and BX Thailand which that is avail...

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ELI5 PO.ET Cryptocurrency
2018-11-08 19:29:07
ELI5 PO.ET Cryptocurrency
Mineable? If so how is it mined? Po.et or POE a non-centralized ledger designated for tracking and managing ownership for media resources. Though Po.et, publishers can verify logs for bibliographies and other documentation, and creators can check their works as licensed and is good for branding. Advertisers can give direct incentives through re-publishing marketing contents to their publishers without middlemen. Competitors have the same services that they provide expect catering their creators. This ...

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ELI5 POLYMATH Cryptocurrency
2018-11-08 19:28:55
ELI5 POLYMATH Cryptocurrency
Mineable? If so how is it mined? Just like AION, Polymath Cryptocurrency is not mineable because it can be purchased or even sold to cryptocurrency exchanges like IDEX and EtherDelta. To buy Polymath, you need to purchase Bitcoin first using coins and then transfer it to an exchange like Binance or Changelly. You can mine Polymath through a specialized hardware called ASIC or application-specific integrated circuit. It can be found directly from manufacturers or resellers on eBay and Amazon. Maximu...

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ELI5 Power Ledger (POWR Token)
2018-11-08 19:28:43
ELI5 Power Ledger (POWR Token)
Mineable? If so how is it mined? POWR or Power Ledger is a decentralized energy platform. It integrates energy applications like P2P energy trading application that allows businesses to host trading in the platform. Moreover, Power Ledger (POWR) is an asset coin and is not mineable (ERC20 token on the Ethereum blockchain). POWR can be purchased or sold on the following cryptocurrency exchanges: Binance, Bittrex, Cryptopia, EtherDelta, Gate.io, Kucoin and TDAX. In order to buy cryptocurrencies like Power...

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ELI5 QASH Cryptocurrency
2018-11-08 19:28:17
ELI5 QASH Cryptocurrency
Mineable? If so how is it mined? Qash is a trading platform that intended to use every liquidity source and form it into a single order. The Quoine team can strengthen their trading services through the use of different blockchain technology like Matching Engine and relocation of financial institutions to follow their platform. It is not mineable but can be purchased worth $0.74 or swap to bitcoins through exchanges like Huobi. The value of available QASH in the U.S. is $257.56 million. Maximum cir...

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ELI5 Quantstamp (QSP)
2018-11-08 19:27:58
ELI5 Quantstamp (QSP)
Mineable? If so how is it mined? The Quantstamp (QSP) is a non-mineable cryptocurrency. Maximum Circulating Coins As of December 28, 2017, the Quantstamp cryptocurrency has a total maximum circulating coins of 617,314,171 QSP. History This cryptocurrency was created in June 2017 and in fact, in just a short period of time, the team behind this project accomplished significant development as well as advancement. In just four months, they have successfully completed their very first semi-automated audit ...

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ELI5 Raiden Network Token (RDN)
2018-11-08 19:27:42
ELI5 Raiden Network Token (RDN)
Mineable? If so how is it mined? The Raiden Network Token (RDN) is a non mineable cryptocurrency. Maximum Circulating Coins The Raiden Network Token cryptocurrency has a total maximum circulating coins of 50,168,900 RDN. History The Raiden Network project was founded in the year 2000 by Heiko Hees and it was technologically advanced by Brainbot Alliance. On the other hand, the Raiden Network actually sounds great on a piece of paper. But, the ICO or Initial Coin Offering was never thought to take plac...

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ELI5 ReddCoin Cryptocurrency
2018-11-08 19:27:24

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ELI5 Litecoin and Dogecoin? Why were they released some time after Bitcoin?
2018-11-08 19:26:02
ELI5 Litecoin and Dogecoin? Why were they released some time after Bitcoin?
Litecoin and Dogecoin were once the #2 and #3 cryptocurrencies by market cap, respectively. In early 2014, when Dogecoin had just been released, the meme fever pumped the cryptocurrency to hundreds of millions of U$ valuation almost overnight. Both LTC and DOGE share more than one thing in common: both of them were forked off of the main Bitcoin source code tree and both use a different cryptographic hashing function than Bitcoin does. The Scrypt key derivation function is used in both these cryptocur...