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Bitcoin's Long Road to Privacy
Bitcoin is a terrible money for criminals. The asset's loose pseudonymity makes it relatively easy to identify someone's address and transactions. But it's not just criminals that should want privacy. Privacy is important beyond its direct implications. Fungibility is one of the key properties of sound money. This refers to the property whereby all coins appear identical in an economy and are therefore interchangeable. Without fungibility, it's possible to trace coins back to their previous owners. If you happen to have bitcoin that was previously owned by a criminal, then an exchange may refuse to accept your deposit, essentially making it worth less than untainted coins, such as freshly minted coinbase bitcoins.

What Is the Pastel Network (PSL) | A Guide to the Digital Art Blockchain
The Pastel network (Pastel, for short) is a blockchain-powered platform for artists and collectors to publish and purchase digital art. The platform turns digital works into non-fungible tokens so that you can freely trade them without the need for an intermediary. Tokenizing digital assets has a few benefits. Besides lowing their trading fees, it gives them proven authenticity, a reliable provenance, and a censorship-free publication avenue. Let's learn how Pastel is utilizing blockchain to bring these benefits to fruition.    In this Pastel guide, we'll look at: Editor's Note: CoinCentral has an established relationship and strategic partnership with the Pastel team. All content in this article is objective and non-promotional.

How to Buy Bitcoin with a Credit Card - CoinCentral
According to this LendEDU survey, one-fifth of crypto buyers are using credit cards. And the most popular coin, Bitcoin, is no exception. For those who don't want to link their bank account to an exchange, buying bitcoin with a credit card can seem like a safe bet. So how do you purchase crypto with a credit card Are there any downsides Here's what to expect once you've drawn your credit card from your wallet: A lengthy KYC process if you're completely new to the platform. The process, of course, depends on the exchange. Generally, for a US citizen, your driver's license should more than suffice. But just in case, it's good to keep a scan of your passport ready. If the exchange can't read your PDF or JPG file, be prepared to send it directly to their staff. If there is an issue, they'll email you.

YOYO price, charts, and market cap - CoinCentral
YOYOW (You Own Your Own Words) is a blockchain-based network for incentivizing people to produce, rate, create, and share content in a decentralized consensus model. Sorry, we couldn't find any posts. Please try a different search. The Bitcoin world is abuzz with both excitement and curiosity and the opportunity for upside potential to skyrocket. Everyone from everyday Joes to reputable experts are betting on Bitcoin's success. Ever since the world was first introduced to Bitcoin 9-years prior, the cryptomarket has experienced astonishing growth. Along with this rapid expansion, the number of Bitcoin business opportunities has also grown.

Techfugees Founder on Leveraging Blockchain to Help Refugees - CoinCentral
For all the flack blockchain and crypto get for being voodoo dark net money, many organizations are beginning to understand the potential for blockchain to provide pervasive social impact. One of the hot topics of discussion at the Blockchain for Social Impact conference was how blockchain will help alleviate the numerous maladies associated with the worldwide refugee problem. One of the leaders in this effort is Techfugees CEO Josephine Goube. Techfugees is a global non-profit organization that coordinates the commitment of the tech community to displaced people needs.  Techfugees supports the build-up of technology-enabled solutions for displaced people around the world. Their goal is to empower displaced populations through access to rights, education, health, employment and social inclusion.

A Beginners Guide to Privacy Coin Mining | How to Mine ZCash
So you're interested in mining privacy coins Well, ZCash is probably right up there on your priority list. And for good reason. Privacy coins have been gathering a lot of steam lately in the wake of regulators looking to limit Bitcoin and all of the altcoins that have been spawned from it. In this guide, we're going to get some insights on how to mine ZCash for beginners. (Note that this covers Windows users, though the process on Linux will be somewhat similar.) ZCash adds an extra layer of anonymity to crypto transactions when compared to Bitcoin. Cryptography known as zk-SNARKS allows users to transact completely privately or if they choose, to make certain transactions visible.

How to Mine Ethereum with NiceHash
NiceHash has become one of the most popular ways to mine Ethereum (ETH). Whether you're new to mining or an experienced miner looking to use NiceHash, here are a few things you should know about using this cloud mining software. Based in Slovenia, NiceHash is the world's largest crypto mining marketplace. This platform connects sellers (a.k.a. miners) of hashing power with buyers of hashing power. Looking at the NiceHash website, the company boasts a lot of impressive stats. It has greater than 332,000 daily active workers, 109,000 miner users, 4,009,000 orders, and 192,000 BTC in payouts. In addition to supporting Ethereum mining, NiceHash also supports a variety of other mining algorithms. This means that it supports Bitcoin, Zcash, Litecoin, and many others.

Bitcoin Is Not Only For Investing - You Can Have Fun Spending It Too!
When Satoshi revealed his infamous whitepaper back in 2008, he didn't expect Bitcoin to earn the name of digital gold. That's because bitcoin was never meant to be an investment vehicle, but a peer to peer version of electronic cash. It was meant to send money worldwide between two parties without the intervention of a financial authority. Things were meant to be bought with bitcoin and sold in bitcoin. It wasn't destined to end up in the hands of fresh-faced investors HODLing their stash of coins. There are few advisers out there who would tell you to go spend your stash right now. But if you want to buck the trend and actually use it as a currency, here are seven of the coolest things you can buy right now.

Down 80 Percent, Is It Time to Buy into the Bitcoin Dip
At this time last year, Bitcoin was approaching its all-time high price. However, this year, its price is anything but appealing, down 80 percent since then. The currency has been constantly battered all year and has broken through every resistance level. After the $6,200 support level held for two months, it was breached mid-November and currently, Bitcoin is under $4,000. While a lot of investment has been wiped out, the downward spiral has presented new opportunities. For those that missed out on the 2017 price hike, this seems like the best opportunity to jump in. If Bitcoin hits its former levels, investors could make quite a fortune. However, the currency could also regress further, wiping out billions more.

Allianz CEO Calls for Bitcoin Banning, Here's Why That Won t Happen
The year was 2009 and the world was just beginning to recover from the 2008 global financial crisis. The lead perpetrators of the crisis were the legacy financial institutions. People were losing faith in the banks, and the banks were shutting down. The world was in turmoil. It was during this chaos that Satoshi Nakamoto launched possibly the greatest invention since the internet: Bitcoin. The peer-to-peer currency was developed to give back to the people power over their currency. Bitcoin was controlled by mathematics and computer programming. For the first time, the government had no right to dictate the currency market.

World's Oldest Art Auction House to Use Blockchain: Christie's and Artory
Christie's, the world's oldest art auction house, is planning to use blockchain technology to register one of the greatest privately owned collections of American Modernist art. The Barney A. Ebsworth Collection is estimated to exceed $300 million at the auction. The star-studded collection contains American Modernist classics by artists such as Hopper, Sheeler, O'Keeffe, de Kooning, Pollock and more. One of the pieces to be auctioned, Jackson Pollock (1912-1956), Composition with Red Strokes, painted in 1950, worth an estimated $50,000,000 to $70,000,000. The late Barney Ebsworth is considered one of the world's greatest collectors and served on the boards of several museums including the Seattle Art Museum, the Honolulu Museum of Art, the St. Louis Art Museum, the National Gallery of Art, Washington, and the Smithsonian American Art Museum.

Products Archive - CoinCentral
CoinCentral's owners, writers, and/or guest post authors may or may not have a vested interest in any of the above projects and businesses. None of the content on CoinCentral is investment advice nor is it a replacement for advice from a certified financial planner. Privacy Policy | Copyright 2018 Privacy Policy | Copyright 2018

The Most Successful Distributed Computing Projects so Far
Blockchain technology has taken a lot of flak over its time. Mainly, since Bitcoin took off at the end of last year, and everyone suddenly wanted in on the action. Amidst a whirlwind of ICOs with the most tenuous of use cases, there's been much discussion of whether blockchain is a solution looking for a problem. However, distributed computing itself is at the very heart of how blockchain operates, making distributed computing networks one of the blockchain's indisputable killer apps. The reason for such a high level of confidence in this statement is that the technological world has evolved to a point where we need more and more computing power. To some extent, we already have that power without a distributed computing network, but there is no way to harness it. Various scenarios exist where the current model of centralized data centers is failing, including:

Wirex Recieves E-Money License
The cryptocurrency debit card issuer Wirex became the third blockchain-based platform to receive an e-money license from UK's Financial Conduct Authority (FCA). This license gives the company a wide-array of new capabilities. Among these new functionalities include access to traditional banking services.   The FCA is responsible for determining financial regulations in the UK. In the past, the authority grappled with the concept of cryptocurrencies. On more than one occasion, the FCA expressed concerns about scams in the crypto space. The e-money license showcases a more balanced approach towards the cryptosphere.

What Is Ripple (XRP) | A Complete Guide to the Banking Cryptocurrency
The Ripple coin (XRP) is a currency option on the Ripple network. It can be used by banks to source liquidity on demand in real time, and by payment providers to expand reach into new markets, provide faster payment settlements and lower foreign exchange costs. Ripple is a privately held, cash flow positive company that aims to create and enable a global network of financial institutions and banks to use the Ripple software to lower the cost of international payments. All cryptocurrency investments have inherent risk. Ripple's success is ultimately tied to the number of partners on the Ripple network (which has been growing steadily over the past year), how many people use Ripple's products, and how effective XRP is.

What Is Monero (XMR) | An In-Depth Guide to the Privacy Coin
Monero, a fork of Bytecoin, is a secure, private and untraceable currency, built on the Cryptonote protocol. Monero uses ring signatures to anonymize the sender, ring confidential transactions (RCT) to hide the transaction amount, and stealth addresses to make the receiver incognito. Monero is difficult to develop with making real-world implementation tough. It also has large transactions and more mining centralization than other coins. Monero, a fork of Bytecoin, is a secure, private, and untraceable currency, built on the Cryptonote protocol using Ring Signatures. Proof of Work mechanism called CryptoNight issues new coins which incentivize miners to secure the network and validate transactions. Originally launched in April 2014 as BitMonero, Monero (symbol XMR), means money in Esperanto.

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A South Korean court has exonerated crypto exchange, Bithumb, from any liabilities arising from an unauthorized intrusion that led to a customer losing thousands of dollars. According to a report that was first published by the Korea Economic Daily, a client named Ahn Park brought a lawsuit against the company citing remissness. The hacking incident occurred on November 20, 2017, and according to court documents, previously discovered exploits on the platform enabled the hackers to successfully carry out the heist. The customer argued that the network should have applied sufficient safeguards against similar attacks and so was liable for any losses that would occur in the event of a breach.

Algo Capital Launches $100M Fund for Algorand Projects
Rolling out a $100 million fund in a bear market is a bold adventure, but from the looks of it, the Algo Capital team is excited to capitalize on the high potential of cryptocurrency and blockchain projects. Algo Capital, a blockchain-focused venture-capital group, will invest in emerging disruptors looking to build on the Algorand decentralized platform over the next ten years. Founded by MIT professor, cryptography pioneer, and Turing Award winner Silvio Micali, the Algorand protocol is looking to gain traction as a decentralized platform at a time when many platforms are taking market-related beatings.

Haasbot - Is Automated Cryptocurrency Trading Worth It - CoinCentral
Haasbot is a trading bot that uses artificial intelligence (AI) algorithms to monitor the crypto markets and make trades automatically. The principle is that the crypto market never sleeps, and we'll assume that you do, even during the last few nightmarish weeks of price drops. So while you're asleep, the trading bot will keep things ticking over for you, buying and selling according to the parameters you set for it. So is Haasbot worth it Here, we take an in-depth look at the tool so you can make up your mind if its a worthwhile investment for managing your trading activities. Well, the overnight trading element is only one part of it. The AI algorithm of a bot can analyze market trends far more quickly than a human working manually, especially in the high-speed, high-stakes world of cryptocurrency trading. It can then execute trades on your behalf, also more rapidly than any mere human. For any trader, both of these reasons can be a huge bonus, as it's stressful and time-consuming to be on constant alert for market movements.

How Cryptographic Algorithms and Hashing Secure Blockchains - CoinCentral
Distributed computing, mechanism design, and cryptography algorithms form the holy trinity of blockchain technology. Distributed computing utilizes a decentralized network of computers and existed before blockchains in the form of torrenting networks. However, torrenting sites had no means of governing the behavior of participants, which is where mechanism design enters into blockchain. It provides the incentive for network participants to work for the good of the network. Cryptography is what serves as security for protecting those incentives. The seminal Bitcoin white paper explained how these three scientific principles could play together to form a secure, peer-to-peer exchange of value that would eliminate the need for a third party in financial transactions.

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