Why should you trade cryptocurrencies?

The modern concept of cryptocurrency is becoming very popular among traders. The revolutionary concept that Satoshi Nakamoto introduced to the world as a by-product became a hit. Decoding Cryptocurrency we understand that crypto is something hidden, and currency is a means of exchange. It is a form of currency used in a chain of blocks that is created and stored. This is done through encryption techniques to control the creation and verification of currency transactions. Bit coin was the first cryptocurrency to emerge.

Cryptocurrency is just a part of the virtual database process that works in the virtual world. The identity of the real person cannot be established here. Also, there is no centralized body that manages cryptocurrency trading. This currency is equivalent to hard gold kept by people and whose value should grow rapidly. The electronic system set up by Satoshi is decentralized in which only miners have the right to make changes by confirming started transactions. They are the only providers of human touch in the system.

Forgery of cryptocurrency is not possible because the whole system is based on hard mathematics and cryptographic puzzles. Only those people who are able to solve these puzzles can make changes to the database which is almost impossible. Once a confirmed transaction becomes part of a database or chain of blocks that cannot then be undone.

Cryptocurrency is nothing but digital money created with the help of encryption techniques. It is based on a peer-to-peer control system. Let’s now understand how one can profit by trading in this market.

It cannot be reversed or falsified: Although many people may refute this that the transactions made are non-refundable, but the best thing about cryptocurrencies is that once the transaction is confirmed. A new block is added to the chain of blocks and then the transaction cannot be forged. You become the owner of that block.

Online transactions: This not only makes it convenient for anyone sitting in any part of the world to conduct transactions, but also facilitates the speed with which the transaction is processed. Compared to real time, when you need third parties to come to the picture to buy a house or gold or take a loan, you only need a computer and a potential buyer or seller in the case of cryptocurrency. This concept is easy, fast and full of investment return prospects.

The fee is low per transaction: Miners take low or no compensation during transactions because the network takes care of it.

Accessibility: The concept is so practical that all those people who have access to smartphones and laptops can access the cryptocurrency market and trade it anytime, anywhere. This accessibility makes it even more lucrative. As ROI is commendable, many countries like Kenya have introduced the M-Pesa system which provides a device for essential coins which now allows every third Kenyan to have a wallet with bit coins.

Everything you need to know about using Litecoin

Litecoins are a form of cryptocurrency whose popularity has grown in response to the demand for alternative currency options by consumers around the world. This currency works similarly to standard world currencies. Traders and investors have realized the great potential that this currency can offer, and it is traded intensively by both beginners and experienced investors. The best way to get the most out of a Litecoin store is to use the services of a Litecoin broker. Numerous Litecoin brokers are available who have an excellent reputation for providing superior service to their clients. These brokers will be able to help traders make the right decisions about their investments.

When you hire a good Litecoin broker, he will have a number of tools and resources at his disposal to ensure that your stores run smoothly. Perhaps the most commonly used tool of these brokers is the Litecoin news widget. This widget can be completely customized to your specific needs. It will provide constant updates on cryptocurrency news and other relevant information, so you will be kept up to date with the latest news as it is published on the strings. The following will give an insight into what exactly this cryptocurrency is and how it can be used and obtained by trading for it.

What are Litecoin?

Litecoins are a form of virtual currency that can be acquired and used to buy and sell a variety of services and products such as jewelry, clothing, food and electronics. Because this currency is used only online, its value is determined by the demand on currency trading websites. This cryptocurrency can be traded or mined. When mining for currency, the process can be a daunting task. Computers solved mathematical equations and were rewarded for it. Almost any good computer can mine for currency, but statistically the chances of success are slim and it can take days just to make a few coins.

The difference between Litecoin and Bitcoin

The main difference is that lightcoins can be bought much faster than bitcoin, and their limit is set at 84 million, while the limit for Bitcoin is only 21 million compared. Bitcoins are accepted in more and more online stores, but Litecoins are growing in popularity every day. The currency is decentralized, so this is a great advantage for traders. It is predicted that the price will be lower than the cost of Bitcoin, as the cryptocurrency is becoming more widely known.

Bitcoin Mining and Security, Part 1

Now the main concern is to ensure that our files are secure and that no one can change that file and claim that their address has more cryptocurrencies (Bitcoin, Ethereum, Litecoin, etc.) than they actually have.

Here “mining” comes into force as one solution.

Basically, we have a network that sends a file of tens of thousands of “rubber stamps” that can verify the authenticity of the transaction and thus check that everything is original and validate the transfer. As a result, the sender can spend their Bitcoin and you will eventually be able to receive it without worry.

Now, here begins human nature, we need to compensate people (or miners) for their time and effort to verify all these transactions (there is also the cost of energy to consider) After all, why not divide among us, and this leads us to “bitcoin miners “.

Did you see my comment above, “After all why not share among us all,” welcome to the 21st century and the world of cryptocurrencies! After all, we kick out intermediaries (bankers and ultimately the government) so that “miners” get bitcoin compensation through blockchain to make sure all transactions are genuine, so there is no intermediary manipulating currency between transactions, how is that for an amazing deal?

So, now you have a decentralized currency (without government manipulation or interference and that is what is important) that is monitored by thousands of miners, who receive a small fee, but check the validity and fairness of all these transactions.

It is money for the 21st century and beyond.

Transactions are now covered, but where do I store my Bitcoins?

Here comes the wallet.

Simply put, you have a unique bitcoin code, this code can be used to send bitcoin to you, so anyone can see it and it is visible so you can make transactions in a bitcoin environment.

So where do I keep my bitcoins?

In the same place where you keep your money (if you use a wallet) only this is a Bitcoin wallet (cryptocurrency).

All you have to do is set up a unique address where you will store your bitcoins (cryptocurrencies) and you will go to this address to access how many bitcoins you currently have. This program is accessed online via email and password.

OK, that’s a simple explanation, I need to go into more detail which I will address in the next article.

Why there will never be another Bitcoin

Well, it was a crazy 10 years for Bitcoin. In fact, it has been more than 10 years since Bitcoin was first created by Satoshi Nakamoto. Whoever he, she or they were, they had a profound impact on the world. They no doubt foresaw this which is why they decided to disappear from the spotlight.

So, more than a decade later, Bitcoin is still alive and stronger than ever. Thousands of other crypto coins have emerged since everyone tried to emulate the king of cryptocurrencies. They have all failed and will continue to fail. Bitcoin is one type. Something that cannot be replicated. If you don’t know why, let me explain.

If you don’t know what Bitcoin is, I’ll just give you a few brief key points:

  • Bitcoin is an online cryptocurrency

  • It has a maximum bid of 21 million

  • It cannot be forged

  • Not all coins are still in circulation

  • It is completely decentralized, without anyone controlling it

  • It cannot be censored

  • It’s Peer to Peer money

  • Anyone can use it

  • Bitcoin has a fixed offer that decreases every 4 years

What makes Bitcoin different?

So how does Bitcoin differ from all the thousands of other coins that have been invented since then?

When Bitcoin was first invented, it began to spread slowly among a small group of people. She grew organically. When people began to see the benefits of Bitcoin and how the price would rise due to its fixed supply, it began to grow faster.

The Bitcoin blockchain is now spread across hundreds of thousands of computers around the world. It has spread beyond the control of any government. Its creator has disappeared and now works autonomously.

Developers can upgrade and improve the Bitcoin network, but my consensus is that this must be done throughout the Bitcoin network. No person can control Bitcoin. This is what makes Bitcoin unique and impossible to replicate.

There are thousands of other cryptocurrencies available now, but as an example of how Bitcoin differs, I will use Ethereum as an example. It is currently one of the largest Alt coins and has existed since it was invented in 2015 by Vitalik Buterin.

Vitalik controls the Ethereum blockchain and basically has the final say on every development that happens on Ethereum.

Censorship and government interference

For this example, imagine Iran sending billions of dollars to North Korea to fund their new nuclear weapons program. This is not a good situation, but it should show you how your money is more secure in Bitcoin!

Anyway .. first example. Iran uses a standard banking system and transfers this money to North Korea in USD. The US government says wait a minute, we need to freeze these transactions and seize the money. Take it easy. They do it right away and the problem is over.

Another example. The same thing is repeated, but this time Iran is using the Ethereum blockchain to send money to North Korea. The US government sees what is happening. A phone call was made.

“Bring Vitalik Buterin here NOW”

The US government is “putting some pressure” on Vitalik and they are forcing him to return the blockchain and cancel Iranian transactions. (The Ethereum blockchain was actually returned before the hacker stole a significant amount of funds).

Problem solved. Unfortunately, Ethererum’s credibility would be destroyed along with its price.

Ethereum is just an example, but it is valid for every other cryptocurrency.

Bitcoin cannot be stopped

So the same thing happens again. This time Iran is using Bitcoin as its method of payment. The US government sees that and is unable to stop it.

There is no one to call. There is no one to put pressure on. Bitcoin is out of censorship.

Every other cryptocurrency is created by someone or some company and that will always be a point of failure. They are still centralized.

Another example would be that Vitalik’s family was abducted as a hostage. Bitcoin is beyond all of this and is therefore the safest investment on the planet.

Learn how to use Bitcoin

Everyone should own bitcoin. However, it is not dangerous without it. If you are new to Bitcoin, you should learn as much as you can before investing money. Owning Bitcoin comes with a lot of responsibility. Learn how to use Bitcoin safely.

Crypto TREND – Fifth Edition

As we expected, we received a lot of questions from readers since the publication of Crypto TREND. In this issue, we will answer the most common one.

What changes are coming that could change the game in the cryptocurrency sector?

One of the biggest changes that will affect the world of cryptocurrencies is an alternative method of block validation called Proof of Stake (PoS). We will try to keep this explanation at a fairly high level, but it is important to have a conceptual understanding of what the difference is and why it is a significant factor.

Remember that the underlying technology with digital currencies is called the blockchain and most current digital currencies use a validation protocol called Proof of Work (PoW).

With traditional payment methods, you have to trust a third party, such as Visa, Interact, or a bank or clearing house to settle your transaction. These trusted entities are “centralized,” meaning they keep their own private ledger that stores transaction history and the status of each account. They will show you the transactions, and you have to agree that it is correct or initiate a dispute. Only the parties to the transaction see it.

With bitcoin and most other digital currencies, books are “decentralized”, which means that everyone online gets a copy, so no one has to trust a third party, such as a bank, because anyone can directly verify the information. This verification process is called “distributed consensus”.

PoW requires that “work” be done to confirm a new transaction to enter the blockchain. In the case of cryptocurrencies, this validation is performed by “miners”, who have to solve complex algorithmic problems. As algorithmic problems become more complex, these “miners” need more expensive and powerful computers to solve problems ahead of all others. “Mining” computers are often specialized, usually using ASIC chips (Application Specific Integrated Circuits), which are more skillful and faster in solving these difficult puzzles.

Here is the process:

  • Transactions are linked in a ‘block’.
  • The miners confirm that transactions within each block are legitimate by solving the hash algorithm puzzle, known as the “problem of proving work” problem.
  • The first miner to solve the “proof of work problem” of the block is rewarded with a small amount of cryptocurrency.
  • After verification, transactions are stored in a public blockchain throughout the network.
  • As the number of transactions and miners increases, so does the difficulty of solving hashing problems.

While PoW has helped blockchain and decentralized, unreliable digital currencies get launched, it has some real drawbacks, especially given the amount of electricity these miners consume trying to solve “evidence-at-work problems” as quickly as possible. According to Digiconomist’s Bitcoin Energy Consumption Index, bitcoin miners use more energy than 159 countries, including Ireland. As the price of each Bitcoin rises, more and more miners are trying to solve problems, spending even more energy.

All that energy consumption just for transaction validation has motivated many in the digital currency space to look for an alternative method of block validation, and the leading candidate is a method called “Proof of Stake” (PoS).

PoS is still an algorithm, and the purpose is the same as with proof of work, but the process of reaching the goal is completely different. There are no miners in PoS, but instead we have “validators”. PoS relies on the trust and knowledge that all people who check transactions have their skin in the game.

In this way, instead of using energy to answer PoW puzzles, the PoS validator is limited to validating the percentage of transactions that reflects his or her ownership stake. For example, a validator that owns 3% of the available ether can theoretically only validate 3% of the blocks.

At PoW, the chances of solving a proof of work problem depend on how much computing power you have. With PoS, it depends on how many cryptocurrencies you have on the “role”. The higher the stake, the higher the chances that you will solve the block. Instead of winning crypto coins, the winning validator receives transaction fees.

Validators enter their stake by ‘locking’ part of their fund tokens. If they try to do something malicious against the network, such as creating an ‘invalid block’, their stake or security deposit will be lost. If they do their job and do not break the network, but do not win the right to validate the block, they will get their stake or deposit back.

If you understand the basic difference between PoW and PoS, that’s all you need to know. Only those who plan to be miners or validators must understand all the details of these two methods of validation. Most of the public who wants to own cryptocurrencies will simply buy them through exchange, rather than participating in actual mining or block transaction validation.

Most in the crypto sector believe that digital tokens need to move to the PoS model in order for digital currencies to survive in the long run. At the time of writing, Ethereum is the second largest digital currency behind Bitcoin and their development team has been working on its PoS algorithm called “Casper” in recent years. We are expected to implement Casper in 2018, putting Ethereum ahead of all other major cryptocurrencies.

As we have seen earlier in this sector, major events such as the successful implementation of Casper could lead to much higher Ethereum prices. We will keep you informed of future releases of Crypto TREND.

Stay tuned!

Cryptocurrency: Fintech disruptor

Blockchains, sidechains, mining – terminology in the secret world of cryptocurrencies piles up by the minute. While it sounds unreasonable to introduce new financial terms into the already intricate world of finance, cryptocurrencies offer a much-needed solution to one of the biggest disruptions in today’s money market – transaction security in the digital world. Cryptocurrency is a defining and disruptive innovation in the fast-paced world of fin-tech, a relevant response to the need for a secure medium of exchange in the days of virtual transactions. At a time when business is just numbers and numbers, cryptocurrency suggests just that!

In its most rudimentary form of expression, cryptocurrency is proof of the concept of an alternative virtual currency that promises secure, anonymous transactions through peer-to-peer network networking. The wrong name is more property than real currency. Unlike everyday money, cryptocurrency models work without central government, as a decentralized digital mechanism. In the distributed cryptocurrency mechanism, money is issued, managed and approved by a collective network of colleagues – whose continuous activity is known as mining on peer machines. Successful miners also receive coins in gratitude for their time and resources used. Once used, transaction information is broadcast on a blockchain on a public key network, preventing each coin from being spent twice by the same user. Blockchain can be imagined as a cash register. The coins are secured behind a password-protected digital wallet that represents the user.

The supply of coins in the world of digital currency is predetermined, without manipulation, by any individual, organization, government body and financial institution. The cryptocurrency system is known for its speed, because transaction activities through digital wallets can materialize funds in a few minutes, compared to the traditional banking system. It is also largely irreversible by design, which further strengthens the idea of ​​anonymity and eliminates any further chances of the money being returned to the original owner. Unfortunately, prominent features – speed, security and anonymity – have also made cryptocurrencies a way of transaction for a number of illegal shops.

Just like the real world money market, exchange rates fluctuate in the digital coin ecosystem. Due to the limited amount of coins, as the demand for currency increases, the value of coins inflates. Bitcoin is the largest and most successful cryptocurrency to date, with a market capitalization of $ 15.3 billion, occupying 37.6% of the market and currently priced at $ 8,997.31. Bitcoin arrived on the currency market in December 2017 by trading at $ 19,783.21 per coin, before facing a sharp decline in 2018. The decline was partly caused by the rise of alternative digital coins such as Ethereum, NPCcoin, Ripple, EOS, Litecoin and MintChip.

Due to the hard-coded constraints of their supply, cryptocurrencies are considered to follow the same principles of economics as gold – the price is determined by limited supply and fluctuations in demand. With the constant fluctuations of exchange rates, their sustainability remains to be seen. Consequently, investing in virtual currencies is more speculation at the moment than the everyday money market.

In the light of the industrial revolution, this digital currency is an indispensable part of the technological disruption. From the point of view of the casual observer, this ascent can look exciting, threatening and mysterious at the same time. While some economists remain skeptical, others see it as a lightning revolution in the monetary industry. Conservatively, digital coins will squeeze out about a quarter of national currencies in developed countries by 2030. This has already created a new asset class alongside the traditional global economy, and a new set of investment funds will come from cryptocurrency in the coming years. Recently, bitcoin may have fallen to draw attention to other cryptocurrencies. But this does not signal any decline in the cryptocurrency itself. While some financial advisers emphasize the role of governments in combating the secret world to regulate the central government mechanism, others insist on continuing the current free flow. The more popular cryptocurrencies are, the more control and regulation they attract – a common paradox that encroaches on the digital note and undermines the primary goal of its existence. In any case, the lack of intermediaries and supervision makes it extremely attractive to investors and causes drastic changes in everyday trade. Even the International Monetary Fund (IMF) fears that cryptocurrencies will displace central banks and international banking in the near future. After 2030, regular trade will be dominated by a cryptocurrency supply chain that will offer less friction and greater economic value between technologically capable buyers and sellers.

If cryptocurrency seeks to become an essential part of the existing financial system, it will have to meet very different financial, regulatory and social criteria. It will have to be hacker-resistant, consumer-friendly and well-protected in order to offer its fundamental benefit to the mainstream monetary system. It should preserve the anonymity of users, without being a channel for money laundering, tax evasion and internet fraud. Since these are necessary things for a digital system, it will take a few more years to figure out whether cryptocurrency will be able to compete with the real world currency in full swing. While this is likely to happen, the success of the cryptocurrency (or lack thereof) in solving the challenges will determine the happiness of the monetary system in the coming days.

Surprisingly successful startups achieve instant results with paid Offshore hosting

Website hacking statistics in February 2018 show that websites located in the United States have been infected with more than 18,000 attacks by malicious cryptocurrency mining software and as a result, thousands of government websites have been shut down. The number of hacked websites increased from 83% in 2017 to 90% in 2018.

The illusion of free hosting

Free hosting is attracting attention and seems to be a cost-effective alternative to paid hosting, which is why some website builders have become popular in recent years. Free hosting is limited in terms of user privileges, protection and terms of service and rules. Many novice entrepreneurs have had the opportunity to try new things before scaling website projects. However, it later came back and so many were persecuted for the bitter experience. In the end, they realized that the savings from free hosting are negligible and really not worth the risk.

Free hosting lacks the flexibility to respond to customer requirements, security needs, and adhere to short deadlines in complex projects. Effective planning and control of various activities in the project is necessary for companies to meet their deadlines, optimize resources and reduce losses to achieve their business goals.

Offshore hosting is complex and demanding

Sometimes security companies need offshore hosting services to have a large online presence and to operate their websites in a country other than the one where they are physically located. When you host a website in another country, customers are confident that they will benefit from the data privacy laws that prevail in their country, in addition to the company’s own data security protocols. in which cyber law is strict with a strict filter system. In some cases, the cost of offshore hosting plans may be low, but with high standards and support. Then when you pay for quality hosting, you will get significant benefits for your offshore business without the likelihood of security vulnerabilities, slow download and download speeds, downtime, poor customer service and many other serious drawbacks. When you moved your website to free hosting, you had nothing but problems. You realize that it is time to leave all the work to the offshore host with competitive prices, great features, super fast loading and great support. It is full range and high value for money.

You will feel completely free that you have migrated your site in an incredibly short time and that it works flawlessly. Websites provided by paid hosting companies provide a perfect 99.9% uptime, which is essential for businesses. Free hosting providers are prone to a large number of downtimes. More downtime can lead to loss of revenue and customers.

You will be forced to run ads all over the site on free web hosting platforms and you will not make money on it. Instead, a free hosting company generates revenue using your website. This leads to lower search engine rankings. Building a website with a professional company will ensure higher search engine rankings, improved brand awareness and an online reputation.

Free web hosting companies provide limited storage space and restrict access to users, making it difficult to upload and upload videos, photos, texts, files and so on without paying for additional storage space.

Last word

Free hosting platforms do not have good customer support in case of any technical problems. Complex websites will be hard hit because they rely on non-stop customer service to run databases and scripts. On the other hand, paid offshore hosting will provide fast VPS, outstanding customer support, perfect uptime, security, flexibility, scalability, privacy protection, no phishing, scams or anything like that. Businesses are guaranteed 24/7 customer support by phone, email or chat, promising peace even in emergencies. Try it, you won’t regret it. Paid offshore hosting services are driven by growth and provide high value for money for your business. This will also improve the company’s image, provide a unique identity and provide a competitive advantage.

This is why the cryptocurrency Dash shames Bitcoin

Cryptocurrencies are currently in vogue.

Everywhere you look today, the tide of protectionist sentiment is flowing. But what gives them value? When have you ever used bitcoin?

It is true that it is not practical at the moment, primarily due to the amount of time it takes to complete the transaction. But there are other coins that are emerging as viable candidates to inherit bitcoin as the number one cryptocurrency.

There is a lot to understand about the intricacies of cryptocurrencies, but this article is more about finding investment opportunities than explaining the science behind them.

Bubble in Bitcoin?

One thing that is important to know is the concept of “mining”. This is the very basis of cryptocurrency. This is how new bitcoins are created.

Simply put, the “miner” solves a complex mathematical problem through special software and as a result is rewarded with new bitcoins. The transaction is then stored in a blockchain, and these new bitcoins are officially in circulation.

As more bitcoins are in circulation, their mining becomes more complex and time consuming, and less profitable. So, although about 80% of possible bitcoins are currently in circulation, the latter will not be mined until 2140.

As most people know by now, bitcoin has experienced tremendous growth this year. In fact, it has grown by about 1200% in the past year, which is why many people think it is in a bubble.

The total value of bitcoin in circulation is now over $ 150 billion. If it was a bitcoin company, it would be among the 50 largest in the United States.

I personally believe that the only reason why bitcoin is so much more valuable than any other cryptocurrency is that it was the first to break into the mainstream. That is important though. This, at the very least, gives other coin creators something they can improve on.

The good thing is that even if you think you missed the ship with bitcoin, there are many other cryptocurrencies. Of course, some are scams, but others have real potential.

One of those that I believe has real, practical use is called Dash.

Dash: Digital Cash

First, Dash is ahead of the game in terms of convenience. Currently, bitcoin transactions take about 10 minutes to an hour on average. Dash is set up as the primary cryptocurrency that can be transferred instantly (in less than a second) between customers, which makes it much more convenient when it comes to buying things online or in a store.

One of the most attractive features of Dash is that 10% of newly minted coins are given to Dash DAO (decentralized autonomous organization). Simply put, DAO is the treasure of Dasha. At the current price of more than $ 600 per coin, that’s $ 4 million a month that he can use.

It is important to know that no other coin has this type of continuous financing. With this money, Dash DAO can develop and market currency.
Also, anyone can submit an idea for a project to improve the value of Dash. Then, thousands of Dash developers vote for the project. An example would be partnering with stores to make Dash a viable transaction tool for their goods.

Of course, these developers make money from Dash, so anything that uses and promotes currency will be tempting.

This creates a circular effect, where the currency rises in price because it is better financed and placed, then DAO earns more money and can place Dash even more.

Breakthrough for Dash

So far, Dash can be used in over 300 physical stores and over 100 websites to purchase goods or services. But the breakthrough could come from the marijuana industry.

Currently, banks are not allowed to have anything to do with marijuana transactions; everything has to be done in cash. The sellers can’t even put the money from the sale in the bank.

Not only does this carry the risk of robbery, but these companies have to pay for the storage and transportation of cash. That adds up quickly.

The possibility of using Dash would be great for these suppliers. That would also mean great things for the price of Dash.

The good news is that progress has already begun. In April, Dash partnered with a digital payment system called Alt Thirty Six, which has partnered with some of the country’s leading outpatient management software companies.

These software companies track transactions for hundreds of dispensaries and delivery services. This means that Dash users already have hundreds of ways to use the currency.
Since Dash officially became a payment method on Alt Thirty Six on October 11, its price has risen 118%. It’s only for a month and a half.

Just the beginning

With a market capitalization of just $ 4.8 billion compared to bitcoin’s $ 156 billion, I believe Dash still has plenty of room to climb in the future.

The marijuana industry is just the beginning for Dash, but it’s great. In 2016, legal sales were about $ 7 billion. It is estimated that another 46 billion dollars were sold on the black market.

And as more and more stores open and marijuana becomes legal in more and more states, that legal figure is expected to be $ 23 billion by 2021 and $ 50 billion by 2026.

Again, this is just the beginning for Dash. Its unique feature of the current transaction makes it a viable alternative to cash, giving it an advantage over other cryptocurrencies like bitcoin.

Best Cryptocurrencies for 2018: What are the best Bitcoin alternatives?

Important: This position should not be considered investment advice. The author focuses on the best coins in terms of actual use and adoption, not from a financial or investment perspective.

In 2017, cryptographic markets set a new standard for easy profit. Almost every piece or chip has made amazing returns. “The rising tide is throwing all the boats,” as they say, and the end of 2017 was a flood. The increase in prices has created a cycle of positive feedback, which is attracting more and more capital to Crypto. Unfortunately, but inevitably, this galloping market leads to huge investments. Money has been thrown indiscriminately into all sorts of dubious projects, many of which will not bear fruit.

In the current bearish environment, hype and greed have been replaced by critical appraisal and prudence. Especially for those who have lost money, marketing promises, endless shillings and charismatic oratorios are no longer enough. Well, the main reasons for buying or keeping coins are again Paramount.

Basic factors in the assessment of cryptocurrency

There are some factors that tend to overcome hype and cost, at least in the long run:

Adoption angle

While cryptocurrency or ICO business plan technology may seem surprising without users, they are just dead projects. It is often forgotten that widespread acceptance is an essential feature of money. In fact, it is estimated that over 90% of the value of Bitcoin is a function of the number of users.

While the acceptance of Fiat is entrusted to the state, the acceptance of cryptography is purely voluntary. Many factors play a role in the decision to accept a coin, but perhaps the most important factor is the likelihood that others will accept the coin.


Decentralization is necessary for the I push model of real cryptocurrency. Without decentralization, we are a little closer to the Ponzi scheme than the real cryptocurrency. Trust in individuals or institutions is a problem – cryptocurrency is trying to solve it.

If dismantling a coin or a central controller can change the transaction record, it jeopardizes its basic security. The same goes for parts with unverified code that haven’t been thoroughly tested in years. The more you can count on the code to work as described, regardless of human influence, the greater the security of the coin.


Valid coins seek to improve their technology, but not at the expense of security. Real technological advancement is rare because it requires a lot of expertise – but also wisdom. While there are always fresh ideas that can be tricked, if that leads to vulnerability or criticism of the original purpose of the coin, it misses the point.

Innovation can be a difficult factor to assess, especially for non-technical users. However, if the currency stagnates or does not receive updates that address important issues, it may be a sign that developers are weak in terms of ideas or motivation.


It is easier for the average person to understand the economic incentives inherent in a currency. If the coin had a large pre-mine or the ICO (initial offer) team had a significant share of chips, then it is quite obvious that the main motivation is profit. By buying what the team offers, you play your game and enrich it. Be sure to provide tangible and reliable value in return.

5 cryptocurrencies to buy in 2018

There has never been a better time to re-evaluate and balance a cryptographic portfolio. Based on their solid foundation, here are five pieces that I think are worth keeping or perhaps buying at their current depressing prices (which, we only warn you, could go lower).

# 1. Bitcoin (due to its decentralization)

Number one belongs to Bitcoin (BTC), which remains the market leader in all categories. Bitcoin has the highest price, the broadest assumption, most security (due to the phenomenal energy consumption of Bitcoin mining), the most famous brand identity (forks have tried to be appropriate), and most development Active and rational. It is also the only piece to date represented in traditional markets in the form of Bitcoin futures on the US CME and CBOE.

Bitcoin remains the main engine; The performance of all other parts is highly correlated with the performance of Bitcoin. My personal expectation is that the gap between Bitcoin and most, if not all, of the other parts will widen.

Bitcoin has several promising innovations in preparation that will soon be installed as additional layers or soft forks. Examples are Flash system (LN), tree, Schnorr signatures Mimblewimbleund much more.

In particular, we plan to open a new range of applications for Bitcoin, because it enables large, microtransactions and instant and secure payments. LN is becoming more stable as users test their various capabilities with real Bitcoin. As it becomes easier to use, it can be assumed that it has great benefits from adopting Bitcoin.

# 2. Litecoin (because of its consistency)

Litecoin (LTC) is a clone of Bitcoin with a different hash algorithm. Although Litecoin no longer has the technology of Bitcoin anonymity, incredible reports have shown that the adoption of Litecoin in dark markets is now the second, only bitcoin. Although the currency I have is much more suitable for acquiring illegal goods and services, it may be presented as a result of the longevity of Litecoin: it was launched in late 2011.

Another factor in favor of Litecoin is that it integrates Bitcoin SegWit technology, which means that Litecoin is ready for LN. Litecoin can benefit from the exchange of atomic chains. In other words, secure peer-to-peer currency trading without the involvement of third parties (i.e. exchange). Because Litecoin keeps its code largely in sync with Bitcoin, it is well positioned to benefit from Bitcoin’s technical advances.

# 3. Ethereum (due to intelligent contracts)

Ethereum (ETH) is currently having some major problems. First of all, governments are shooting at ICOs, and rightly so: many have turned out to be either fake or bankrupt. Since most icos run on the Ethereum network as an ERC token 20, ICO mania has brought great value to Ethereum in recent years. If appropriate investor protection rules are in place, scams in Ethereum projects may require some legitimacy as a crowdfunding platform.

Another major problem facing Ethereum is the delayed transition to a new hybrid performance and battery detection system. Ethereum’s mining GPU is currently profitable, but Bitmain has just announced Ethereum ASIC minor, which is likely to have an impact on the lower lines of GPU miners. It remains to be seen whether this will change prisoners of war and how successful it will be.

If Ethereum can survive these two main problems – regulation and mining – it will show great resilience. By the way, there are several competing currencies that follow its shadows, such as Ethereum Classic (etc.), Cardano (ADA) and EOS.

# 4. Monero (due to his anonymity)

While its adoption in the dark markets is not all that could be expected, I (XMR) remains the prime minister’s privacy. Its reputation and market capitalization are still above those of its rivals – and with good reason.

Monero’s code required less self-confidence than Zcash’s “loyal” key ceremony, and he had an honest start, unlike Dash. The fact that Monero recently changed its Pow to defeat the development of a small ASIC for its algorithm confirms the commitment of part of the decentralization of mining. The significant drop in the hash rate is due to the new version, which is constantly reported against ASIC. This could also be an opportunity for GPUs and even smaller processors to contact me. The new version of Monero, 0.12, also includes other improvements that show that Monero continues to grow along sensitive lines.

# 5. iPRONTO (decentralized incubation platform)

iPRONTO is an Ethereum incubation platform chain dedicated to investors looking for a secure and reliable platform to invest in new ideas and future innovators who can present their ideas and get opinions from users, experts in the field of practice and implementation of derived ideas.

The ideas of the innovators are supported because the NES in Smart Contract format will be signed between the expert platform and the customer if the client’s business idea is sent to the Commission for testing and registration on the platform. The idea will not be published for all users on the public platform of the chain, but only for selected members of the target community who are willing to sign a Smart contract in order to maintain the confidentiality of the idea.

5 new Blockchain training institutes in India


Mindmajix Training course makes you an expert in block programming concepts such as cryptocurrencies, distributed book, hyper-book. This Blockchain online training course focuses on key concepts such as architecture, basic layers of blockchain, Bitcoin mining, Ethereum public and private blockchain concepts. You will also gain exposure to real-time industrial projects in different verticals.

Mode of work: free demo and paid


The University is the best online training portal based on knowledge of Blockchain, providing free online blockchain certification courses in India. Online blockchain courses categorized into finance, security, technology, development, crypto, basics and architecture. Courses designed specifically for students, beginners and high school students who can subscribe for free to online training classes and ask questions and concerns with an expert in the relevant fields.

University online training will help you master and learn the best blockchain technology, the driving force of cryptocurrency. You will learn various aspects of the structure, mechanism, benefits of blockchain technology, blockchain network design, implementation for real-world applications, and more in these blockchain certification courses. The university is a Bangalore-based online training institute that has provided training to more than 1,000 students and programmers over the course of a year who have had to enroll in 100+ available courses.


Mode of operation: free and paid


The Intellipaat Certification Course offers definitive blockchain training that includes programming – Solidity, ethereum, distributed book concepts, hyperbooks, multichain, cryptocurrencies, bitcoin mining, architecture, base layers, applications and more. In this course you will work on real world projects and case studies for practical experience.

Mode of operation: Paid

Naresh Technologies:

Blockchain training is conducted by a real-time expert with real-time scenarios. Blockchain is nothing but a digital record of all transactions of the economy without data leakage, misuse, manipulation and forgery and is largely incorruptible. It is a distributed database, with the help of blockchain technology and we can host transactional data on millions of computers at the same time and we can retrieve it at any time, this data is not available to the hacker to corrupt it.

Mode of operation: Paid


Simplilearn’s Blockchain Certification Training is designed for developers looking to decipher the global craze surrounding Blockchain, Bitcoin and cryptocurrencies. You will learn the basic structure and technical mechanisms of Bitcoin, Ethereum, Hyperledger and Multichain Blockchain platforms, use the latest tools to build Blockchain applications, set up your own private Blockchain, implement smart contracts on Ethereum and gain hands-on experience with real world projects.

Mode of operation: Paid