Cryptocurrency Blog

Introduction A block halving is a process of sinking the rate at which fresh cryptocurrency units are created. Precisely, it denotes the periodical halving occasion that cut the block rewards provided to  Bitcoin  miners. The date and timing of Bitcoin halving are at 08:41:30 GMT on 12 May 2020. Simply you can understand that after every 210,000 blocks, the Bitcoin block reward will be half of the current rewards for miners. They will be receiving just 50% less BTC for every transaction verification. This event takes place every four years, and the code of halving Bitcoin can be found on the Bitcoin Core Github. Bitcoin halving has many names like Bitcoin havening, reward drop, reward splitting, and reward halving. We will learn more about Bitcoin Halving from the article below. Significance This is the fundamental of the cryptocurrency economic model as it ensures the digital coins will be dispensed at a stable rate, following an expected decaying rate. Th...

What is Litecoin Introduction Litecoin is also the baby brother of bitcoin, and this is the first altcoin (alternative coins) in the world of cryptocurrencies. Mr. Charlie Lee has created Litecoin coding. He was the ex-employee of Google Inc as well as engineer director of Coinbase. He wanted to develop an alternative of bitcoin, which is cheap in rate and easy to buy. To concise, if you assume Bitcoin as Gold, then Litecoin is assumed to be silver. Silver can be bought at a cheaper rate and easily, even though it is a precious metal. It is said that you may not think of bitcoin, but you can think of Litecoin straightforwardly. History Litecoin was introduced on 7th October 2011 via an open-source on GitHub. This has minimized the formation of new block timing and increased maximum number of coins. It also has a unique algorithm Scrypt as compared to SHA-256 of bitcoin. It has also updated the kind of graphical user interface (GUI). On December 18th 2017,  Litecoin ...

Introduction Cryptocurrency is very lucrative and shining in the world of finance. The world’s popular businessman is also investing in crypto, and some countries are allowing crypto as one of their legal transaction. However, trades are happening worldwide within a concise period. The peer-peer transaction, low-cost fees, no central banks, and highly secured ways are making the cryptocurrency accessible in actual. We can merely Google and know that many small investors became millionaires after trading in cryptocurrencies like Bitcoin, Ethereum, XRP,  Unicoin , Neo, etc. Investors procure and hold their digital assets or ICO at the time of launch or the lowest price.  Later, when the market price of currency increases, they were enlisted amazingly in the millionaires' society. Their cryptocurrencies get multiplied in hundred or multi-hundred times which in turn make them a wealthy individual. The Wild world of cryptocurrency As we know that cryptocurrency is still...

Introduction: Cryptocurrencies are the cryptographically secured kind of digital currencies widely used in trading nowadays. Blockchain Technology is the method used that makes these currencies highly trustworthy and secured mainly because the digital ledger entries once made are irreversible. The market capitalization of Cryptocurrencies has reached 100 billion in just after 6 months since early 2017 from 15 billion dollars. Cryptocurrency is the currency of the future that is what people believe. Therefore for asset growth, people are now inclined towards investing and trading in cryptocurrencies. Cryptocurrency Trading: Cryptocurrency trading is done in 3 ways. Investors are buying and selling cryptocurrency with the help of their fiat currency; however, they can do the transaction through cryptocurrency itself if they have. Crypto to crypto is also available to trade through many exchanges. This kind of trading is available 24/7, which makes the cryptocurrency market more l...

What is Cryptocurrency Trading | Unicoin Cryptocurrency is the digital and encrypted currency, based upon advanced blockchain technology. The transactions are very safe and secured from peer to peer. They refer these currencies as crypto, cryptocurrency, or crypto coin. There are many cryptocurrencies in the market, like Bitcoin, Unicoin, and Ethereum.  Cryptocurrency trading  is a process where traders try to take the opportunity of the price movement of the crypto coin through any legit exchange. It is similar to commodities or forex trading in modality. However, there are many differences while considering security and safety. Crypto trading is done using a spread betting or CFD trading account or buying and selling the underlying coins through a cryptocurrency exchange. There are 3 ways of cryptocurrency trading. Fiat to Crypto Trading You can buy the cryptocurrency by paying your fiat cu...

Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract (scripting) functionality. It supports a modified version of Nakamoto consensus via transaction-based state transitions. Ethereum is the second most popular after bitcoin and getting edge day by day due to its simplicity in the mechanism. 19 years old programmer created a platform to store and perform computerized programs crosswise an international network of scattered nodes. History A Canadian programmer named Vitalik Buterin was involved in blockchain technology in 2011, and he founded bitcoin magazine with his partner. He started to think beyond the existing bitcoin technology for more simplification to use in the financial world. Finally, he released the white paper in 2013, stating that the general scripting language of Ethereum. Since then, it attracted investors and entrepreneurs to think about business activities. There was a massi...

Bitcoin is electronic cash, transferable, decentralized, and the transaction can be done person to person without any intermediary or central banks. Bitcoin is one among the popular cryptos in digital currencies, and it has high monetary value also. Transaction of bitcoin is irreversible, which makes it unique and salable in the financial market. History: Bitcoin is a virtual digital currency, and people assume that Satoshi Nakamoto invented bitcoins. However, there is no evidence for this, but he was a Japanese person who integrated numerous existing ideas from the Cypherpunk community to create the innovative bitcoin in 2008, and this bitcoin network came into existence in 2009. Nakamoto was the key person for producing the majority of the official bitcoin in the network. He used to publish all the information and modification regarding bitcoin on his technical forum of the bitcoin community.  Bitcoin whitepaper, released on 31 October 2008, and subsequently, the world g...