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For anyone that has considered cryptocurrency mining, then dismissed it as being a complex prospect or potentially requiring additional hardware, WinMiner is a breakthrough. Remote or cloud-based mining is on the rise and usually requires either the lease of a mining machine hosted by the cryptocurrency mining services provider, running a virtual private server with … Continued
Designed for both beginners and experienced traders, this guide will provide an overview of the popular digital asset, XRP. What is XRP? XRP is a digital asset and is part of the wave of new cryptocurrencies that arrived after the invention of Bitcoin. The token takes its own approach to facilitate finance and global remittance … Continued
What is Lightning Network? Lightning Network is a decentralized Blockchain using smart contracts functionality to enable instant payments across a network of participants. It allows bitcoin transactions to occur instantly without any delay in block confirmation times (verification process for peer-to-peer payments). It will allow millions of transactions to occur within a few seconds, at … Continued
Hard Fork is a mandatory software update permanently diverging within the Blockchain. Non-upgraded nodes within the Blockchain cannot validate blocks of transactions without updating their software. The hard fork would cause a split in the chain and thus creating two separate coins that are not compatible with one another – this update is irreversible.
A software update that isn’t mandatory, because the new soft-fork rules also follow the old software rules. Computers running the old program will adjust to the new features implemented by the soft fork update. The update is reversible if the majority of miners decide the older version was more favorable.
Ok, if you’re new to the digital cryptocurrency world or even a seasoned veteran, management of all your holdings and coins can be a headache. Fortunately, the team at Blockfolio created an awesome app that manages your entire cryptocurrency portfolio. Why Blockfolio? Well for starters, it has over 800 cryptocurrencies that you can easily track and get detailed … Continued