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At its official website Monero, is presented as a secure, private and untraceable cryptocurrency. Monero uses a special type of cryptography to keep all transactions 100% untraceable and hence, anonymous….
IOTA is a cryptocurrency designed for the Internet of Things. Using the DAG technology, also referred to as TANGLE instead of the traditional blockchain (used, for example, by bitcoin), IOTA’s transactions…
The world of cryptocurrencies is developing at a fast pace. I dare to say that 2017 was the year of cryptocurrencies. Eight years have passed since the initial issue of…
As you know, cryptocurrencies operated on a blockchain platform must be mined. The power consumed by a bitcoin network equals Slovakia’s yearly consumption, which is 27.89 TWh. This figure grows…
Next to A well-known cryptocurrency Ethereum, there is also a currency known as Ethereum Classic, which is somewhat different. To understand the appearance of Ethereum Classic, we should first check…
Before the very first Bitcoin London conference in 2013, a survey was carried out to gauge the spread of knowledge about the cryptocurrency, four years on from launch. Although the…
Ripple is a transaction protocol and network designed for currency exchange and remittance. The goal was to build an online remittance network to enable instant and nearly free global financial…
The world of digital currencies is not only about bitcoin. In terms of capitalisation, the market share of this oldest cryptocurrency fell below 50% at the end of 2017 and…
The number of virtual currencies (cryptocurrencies) is big, ranging from hundreds to thousands. According to some estimates, there are about 2 000 different types of cryptocurrencies. The majority of people,…
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