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5 Reasons Why You Should Go For Cryptocurrency

5 Reasons Why You Should Go For Cryptocurrency

5 Reasons why you should go for cryptocurrency The global economy is inevitably moving towards a digital eco-system. From investment to money transfer, everything is going paperless. The newest and most promising addition to the digital payment sector is cryptocurrency. A cryptocurrency is a medium of exchange like normal currencies such as USD, but designed for the purpose of exchanging digital information. Cryptocurrency is defined by Investopedia.com as a decentralized “digital or virtual currency that uses cryptography for security” making it difficult to counterfeit. Since it is not issued by a central authority, governments can’t take it away from you. Over the last couple of years, digital currency has been rapidly gaining the public eye. Here are some good reasons behind it. • Fraud-proof: When cryptocurrency is created, all confirmed transactions are stored in a public ledger. All identities of coin owners are encrypted to ensure the legitimacy of record keeping. Because the currency is decentralized, you own it. Neither government nor bank has any control over it. • Identity Theft: The ledger ensures that all transactions between “digital wallets” can calculate an accurate balance. All transactions are checked to make sure that the coins used are owned by the current spender. This public ledger is also referred to as a “transaction blockchain”. Blockachain technology ensures secure digital transactions through encryption and “smart contracts” that make the entity virtually unhackable and void of fraud. With security like this, blockchain technology is poised to impact nearly every segment of our lives. • Instant Settlement: Blockchain is the reason why cryptocurrency has any value. Ease of use is the reason why cryptocurrency is in hig Continue reading >>

Ethereum Is The Cryptocurrency That's Replacing Bitcoin

Ethereum Is The Cryptocurrency That's Replacing Bitcoin

Ethereum Is The Cryptocurrency That's Replacing Bitcoin Learn about the innovative technology that powers this up and coming cryptocurrency and how it could change the world. Even if you only have a layman's understanding of cryptocurrency, you've probably heard of Bitcoin. Bitcoin is a digital currency and payment system that eliminates the need for banks or middlemen and allows for secure transactions thanks to heavy encryption. You might not have heard of Ethereum yet, though. Its a lesser-known open source platform built off blockchain technology that's causing a stir in the world of cryptocurrency thanks to its ability to build decentralized applications. Both Bitcoin and Ethereum are open for use by the public, and use blockchain technology but that's where the resemblance ends. Bitcoin has only one application of the technology: as a monetary system of exchange, for use in online Bitcoin payments. The Ethereum blockchain is more complex, using an advanced scripting language that lets it run the programming code of virtually any decentralized app, from title registries to electronic voting systems. That means it has a vast number of applications and uses, beyond just financial exchange. But if you're interested in that, Ethereum's cryptocurrency, known as ether, runs on "smart contracts." It's a type of conditional trade, where transactions can only be made if certain specifications are met using an "if, then" system. It's this level of innovation that helped propel Ethereum to the place of the second most valuable cryptocurrency in the market just two years after its launch. The Complete Ethereum Blockchain Mastery Bundle is a collection of four online courses taught by Certified Bitcoin Professional Ravinder Deol that gives you the foundation to be an early ado Continue reading >>

Development - What Programming Language Should I Learn To Create A New Altcoin? - Bitcoin Stack Exchange

Development - What Programming Language Should I Learn To Create A New Altcoin? - Bitcoin Stack Exchange

What programming language should I learn to create a new altcoin? I've been wondering. What programming language is needed to develop and maintain an altcoin? Because I've been thinking to try creating my own altcoin. I've seen a lot of services to develop an altcoin for certain amount of money. I could pay for it, but I prefer not to since it would be boring as hell to just do that and there's simply nothing that I can be proud of. I've seen a step by step guide, forking from Litecoin. But I kinda want to do it blindly. (Meaning doing something that I don't understand at all). I've learned Java and VB but I don't think it's even used a single bit in Cryptocurrency. Never roll your own cryptography unless you have at least a PhD in math and computer science. When you try to develop your own cryptocurrency from scratch, you will likely build something which seems perfectly secure from your perspective but will quickly fall apart in the real world. Then you will have to deal with people who lost real-world money because of it. Are you prepared for that? Philipp Jan 8 '15 at 9:22 Some of us just want to make an altcoin to learn underlying principles better, at least thats my use case @Philipp. Can't speak for OP, but as for my case I just want to learn. SMT Jun 21 '17 at 19:47 Unless you want to reinvent the wheel or have a totally different architecture in mind from what's already out there you will most probably fork an existing implementation of your choice so if creating your own altcoin is what you really want, find the existing coin you will be forking and learn the programming language(s) that was used to create it. Im trying to fork Litecoin ( github.com/litecoin-project/litecoin ). It's C++ I Presume? Scott Moses Sunarto Jan 7 '15 at 15:04 Yes. Litecoin is a fork Continue reading >>

Money Is No Object: Understanding The Evolving Cryptocurrency Market

Money Is No Object: Understanding The Evolving Cryptocurrency Market

Money is no object: Understanding the evolving cryptocurrency market In recent years, cryptocurrencyand in particular, Bitcoinhas demonstrated its value, now boasting 14 million Bitcoins in circulation. Investors speculating in the future possibilities of this new technology have driven most of the current market capitalization, and this is likely to remain the case until a certain measure of price stability and market acceptance is achieved. Apart from the declared price of cryptocurrency, those invested in it appear to be relying on a perceived inherent value of cryptocurrency. This includes the technology and network itself, the integrity of the cryptographic code, and the decentralized network. The blockchain public ledger technology (which underlies cryptocurrency) has the potential to disrupt a wide variety of transactions, in addition to the traditional payments system. These include stocks, bonds, and other financial assets for which records are stored digitally and for which currently there is a need for a trusted third party to provide verification of the transaction. In our view, the cryptocurrency market will develop at a pace set by the key participants, characterized by likely growth spurts of legitimacy from one or more of these participants in what we call credentialising moments. For the market to reach the next phase in its evolution toward mainstream acceptance and stable expansion, each of the five key market participantsmerchants and consumers, tech developers, investors, financial institutions, and regulatorswill play a role. For consumers, cryptocurrencies offer cheaper and faster peer-to-peer payment options than those offered by traditional money services businesses, without the need to provide personal details. While cryptocurrencies continue Continue reading >>

Learn Blockchains By Buildingone

Learn Blockchains By Buildingone

The fastest way to learn how Blockchains work is to buildone Youre here because, like me, youre psyched about the rise of Cryptocurrencies. And you want to know how Blockchains workthe fundamental technology behind them. But understanding Blockchains isnt easyor at least wasnt for me. I trudged through dense videos, followed porous tutorials, and dealt with the amplified frustration of too few examples. I like learning by doing. It forces me to deal with the subject matter at a code level, which gets it sticking. If you do the same, at the end of this guide youll have a functioning Blockchain with a solid grasp of how they work. Remember that a blockchain is an immutable, sequential chain of records called Blocks. They can contain transactions, files or any data you like, really. But the important thing is that theyre chained together using hashes. If you arent sure what a hash is, heres an explanation . Who is this guide aimed at? You should be comfy reading and writing some basic Python, as well as have some understanding of how HTTP requests work, since well be talking to our Blockchain over HTTP. What do I need? Make sure that Python 3.6 + (along with pip) is installed. Youll also need to install Flask and the wonderful Requests library: pip install Flask==0.12.2 requests==2.18.4 Oh, youll also need an HTTP Client, like Postman or cURL. But anything will do. Wheres the final code? The source code is available here . Open up your favourite text editor or IDE, personally I PyCharm . Create a new file, called blockchain.py. Well only use a single file, but if you get lost, you can always refer to the source code . Well create a Blockchain class whose constructor creates an initial empty list (to store our blockchain), and another to store transactions. Heres the bluep Continue reading >>

How To Create A Cryptocurrency

How To Create A Cryptocurrency

You might have heard of Bitcoin or Ethereum, and maybe even Ripple, but in fact there are over a thousand different coins and tokens available. In fact, according to Wikipedia , there are over 1,384 cryptocurrencies in use worldwide. Thats a lot of crypto! So, why not add to the pack? Well, you might be able to after I teach you how to create a cryptocurrency. Before we get started though, there are three things you need to know: You need a good idea: Building a token/coin for the sake of building a token/coin is doomed to fail. It needs to have a purpose (it needs to add value to the world). You need to earn peoples trust: To do this, you need to build a community. This is a following for your cryptocurrency. Maintaining a crypto community is hard work, so pay a good amount of attention to this point. You need to know a little bit about coding and crypto security: Yes, you can hire talent, but you need to understand how your token/coin is going to work. By the end of this guide: youll understand the basics of how to create a cryptocurrency, and the importance of building trust with the people who support your cryptocurrency! This guide will also help you understand how important it is to have a good idea and purpose for your crypto (and why youll need a lot of spare cash to help fund this project!). So, if you want the answer to the question, how to create a cryptocurrency: read on! Welcome to my how to make your own cryptocurrency tutorial! 7 Conclusion: The Most Important Part and Your First Step! How to Create a Cryptocurrency: How to Get Started The real getting started begins with your idea, but we will get to that later. First, lets talk a bit about technology. There are two primary ways of creating a cryptocurrency: Build your own blockchain this will have its Continue reading >>

Introducing Bitcoin - What Technologies One Should Learn To Become Mature In Cryptocurrency - Bitcoin Stack Exchange

Introducing Bitcoin - What Technologies One Should Learn To Become Mature In Cryptocurrency - Bitcoin Stack Exchange

What technologies one should learn to become mature in cryptocurrency I am a web developer. I've been reading a book about BitCoin, decentralization, and the blockchain, which has blown my mind and piqued my curiosity. I am now thinking about taking the CryptoCurrency train. My goal is to have a full understanding of the Blockchain technology in the future, and all the technologies linked to it; to be able to understand problems and find solutions, and contribute to open source software. I am aware that this field includes cryptography, security, programming, and networking, although my experience is very limited in these areas. I'd appreciate it if someone could point me to the most central and specific things I need to learn first in order to move faster in my learning of these topics. You started with a bitcoin book - good! Maybe A. Antonopolus "Mastering Bitcoin" - if not, he describes very well the concept, and it is available online in many languages. Then you connect to UDEMY, do some online courses on Linnux (yes!), networks (IPv4 and IPv6), crypto, and don't forget information security or "ethical hacking". (and learn, that you have to go away from Windows). Programming: well, everyone has an opinion, probably Java/Python or newer languages like Go or Ruby are prominent. What you request has a real tough learning curve - but you probably knew that :-) pebwindkraft Jun 27 '17 at 17:22 It really depends what you want to do with your knowledge. Checkout the book "Bitcoin and Cryptocurrency Technologies" bitcoinbook.cs.princeton.edu there is a free copy available as well. Then checkout the free course on coursera. University of Nicosia offers a master's in digital currencies with the first MOOC being free. Also read satoshis white paper. Albert s Jun 27 '17 at 23: Continue reading >>

Top 10 Online Courses To Learn About Cryptocurrency In2018

Top 10 Online Courses To Learn About Cryptocurrency In2018

Top 10 Online Courses To Learn about Cryptocurrency in2018 1. Steemit 2.0 The Complete Steemit Cryptocurrency Course In this complete course students will learn how to use steemit, buy and sell steem, cryptocurrency, and so much more. In this course, you will start from the beginning be opening your Steemit account. After that we teach you step by step how to get started blogging, building a follow, and starting a career as a professional blogger! You will also learn all of the essentials to buying and selling cryptocurrency, STEEM, Bitcoin and so much more. You will learn useful skills about topics below: How To Build A Following of Raging Blogger Fans 2. How To Buy 200 Types of Cryptocurrency! A 30 MinuteSolution In this 30 minute solution students will learn how to buy, sell, and trade for more than 200+ types of cryptocurrency. This course is designed to help you understand Cryptocurrency, Bitcoin, Altcoins (alternative cryptocurrency coins) and how to buy them. Currently, the only way to buy different types of Cryptocurrency is through cryptocurrency exchanges. Youll learn all of the beginner aspects to buying cryptocurrency including: How to invest and cash for cryptocurrency 3. Introduction to Bitcoin and Cryptocurrency Trading Learn how to start investing in bitcoin, altcoins and ICOs. The cryptocurrency trading space is getting clogged with investors who have no idea what the technology is. One of the most important investment motto is to never invest in something you dont understand. This course will spread the right knowledge in the midst of speculation and rumors. This course is an introductory course which will teach you to start buying and selling crytocurrencies right away. Unlike other courses, you will get HANDS-ON buying/selling example in this course Continue reading >>

How To Become A Blockchain Developer: Crash Course!

How To Become A Blockchain Developer: Crash Course!

How To Become A Blockchain Developer: Crash Course! In this guide, we are going to map out your journey for becoming a Blockchain Developer.To ease things up for you, we are going to divide this guide into various milestones and give you action steps at the end of every section. It goes without saying that we are living in the era of the blockchain . The impact that it can have on our future is truly scary and magnanimous. So, how can you get a piece of that blockchain action? If you are to become a blockchain developer, then there are certain steps that you need to take. Hopefully, at the end of the guide, you will have the tools required to kick-start your journey. If you are serious about becoming a developer then we need to set some expectations for you. Firstly, it is going to take time and you will need to dedicate your time and resources to your education. Secondly, do not expect immediate results, becoming a blockchain developer is not a magic pill. So, having said that, lets start your journey. How To Become A Blockchain Developer: Crash Course! One of the biggest hurdles with anything as new and revolutionary, such as the blockchain technology, is familiarizing oneself with various concepts integral to the system. If you are a beginner, then there are certain terms that you need to be familiar with: Blockchain: The blockchain is a chain of blocks where each block contains data of value without any central supervision. It is cryptographically secure and immutable. Decentralized: Blockchain is said to be decentralized because there is no central authority supervising anything. Consensus Mechanism: The mechanism by which a decentralized network comes to a consensus on certain matters. Miners: Users who use their computational power to mine for blocks. It could b Continue reading >>

The 7 Bitcoin Experts Who Can Teach You About Crypto | Inc.com

The 7 Bitcoin Experts Who Can Teach You About Crypto | Inc.com

Cryptocurrency is a complicated business. There's the blockchain and the forks and the coin offerings and the changing prices. There are government policies and mining technologies, exchanges and Chinese dealers. Something happens almost every day in the crypto world, and you need to be on top of things. That means knowing where to turn for help. Here are seven experts who can guide you through cryptocurrency's stormy seas. The co-founder of CoinGecko, a ranking site for cryptocurrency, Bobby Ong also curates Fintech Street , a newsletter about financial technology. Sign up to get explanations of cyptocurrency's role in the growing fintech industry right in your mailbox. Claimed by some as the real Satoshi Nakamoto, Nick Szabo is a cryptocurrency pioneer. His blog is rarely updated (and requires some pretty intensive reading) but his tweets are both more frequent and easier to follow. Add his thoughts to your feed and know that every link you follow will be relevant and every tweet from the man himself will be a worthwhile addition to the cryptocurrency discussion. One of the leaders of Bitcoin's early development, Gavin Andresen's reputation took something of a knock when he endorsed Craig Wright's claim to be Satoshi Nakamoto. That claim might have been surprising but his blog remains a key place to understand the latest cryptocurrency developments. Don't look for frequent updates but do trawl through the old posts and follow his tweets for regular comments on cryptocurrency developments. Cryptocurrency is largely male-dominated but Andrea O'Sullivan stands out not just as a rare woman in an industry filled with men but for her insight. The co-author of Bitcoin: A Primer for Policymaker s, you can follow her cryptocurrency thoughts at ThinkLab --and at a bunch of oth Continue reading >>

How To Start A Blockchain Development Career

How To Start A Blockchain Development Career

How to Start a Blockchain Development Career How to Start a Blockchain Development Career Blockchain, the distributed ledger supporting bitcoin, is finding its way into an increasing number of domains. Here's an intro to this exciting new technology along with tips on getting started in a blockchain development career. Along with other technology trends like Artificial Intelligence and Virtual Reality, blockchain has become a buzzword in Silicon Valley and beyond. Blockchain is the distributed ledger that powers bitcoin and other cryptocurrencies. Now its proving its potential in other fields including the Internet of Things , supply chains, finance and entertainment Tech giants such as IBM and Microsoft are starting to invest in blockchain and plan to incorporate its features and innovations into their businesses. Experts believe that blockchain will be a defining factor in the future of the Internet and online business. Consequently, knowledge of blockchain use cases and development can help your business in the long run, and your career as a technology expert and software developer . Here's what you need to know about getting started with blockchain development. At its core, blockchain is a distributed data store. As opposed to traditional data repositories, which store data in centralized servers and server clusters, blockchain creates copies of its ledger and stores it on thousands and millions of computers, also called nodes. A reasonable number of nodes must validate every new record before it is registered. Once confirmed, the record is stored in the ledger and propagated across the network of participating nodes. What makes blockchain special? As the culmination of decades of cryptography and cybersecurity research, the mechanism underlying blockchain makes it Continue reading >>

Cryptocurrency 101: The Complete Beginners Guide | Finder.com

Cryptocurrency 101: The Complete Beginners Guide | Finder.com

In a world where everythings gone digital, cash and money in general have been left behind. Even considering the widespread use of credit cards and online transfers, we still expect physical money to exist somewhere whether thats a bank or a wallet. Cryptocurrencies aim to change these antiquated notions of third parties and physical cash by not existing anywhere but in a digital database called a blockchain . In its simplest form, a cryptocurrency allows users to transfer money almost instantly, with cheap transaction fees and no third parties involved. Over the years many cryptocurrencies have moved beyond this core component and built platforms that allow users to transfer anything from money to real life assets such as cars and real estate, all using the blockchain technology introduced by bitcoin. The crypto part in the name cryptocurrency comes from the fact that transactions the act of transferring assets such as currency and digital or real life assets between a sender and a recipient are encrypted for security, a process known as cryptography. Cryptography is used for three reasons: To protect transactions from being tampered with To protect the identity of parties acting in a transaction To enable the creation of new coins via the mining process The road to cryptocurrencies starts in the 1980s. In an effort to protect the cash of small shops and gas stations, banks began investigating and pushing the idea of points of sale, where a customer can use a credit card instead of cash to pay for products. Later, in the 90s, came a web-based payment system still used today: PayPal . This gave merchants the power to accept credit card payments online and it introduced the idea of transferring fiat currencies directly between end users entirely online. With PayPal prov Continue reading >>

The Authoritative Guide To Blockchain Development

The Authoritative Guide To Blockchain Development

Entrepreneur. @Airbnb, @earndotcom alum. Instructor @Outco. Writer. Effective Altruist. Blockchainist. Former poker pro. The authoritative guide to blockchain development Cryptocurrencies, ICOs, magic internet money its all so damn exciting, and you, the eager developer, want to get in on the madness. Where do you start? Im glad youre excited about this space. I am too. But youll probably find its unclear where to begin. Blockchain is moving at breakneck speed, but theres no clear onramp to learning this stuff. Since I left Airbnb to work full-time on blockchain, many people have reached out to me asking how to get into the blockchain space full-time. Consider this my authoritative (and inevitably incomplete) guide on how to get into blockchain engineering. Why should you learn blockchain development? Why should you learn blockchain development? Before I answer that question, let me first note: blockchain is a massively overvalued space right now. These prices are unsustainable, and a crash is definitely coming. This has all happened before, and will probably happen again. But if you work long-term in this space, youll learn to shrug off prices. In the words of Emin Gun Sirer prices are the least interesting part of cryptocurrencies. These are massively important technologies, and they are going to irrevocably change the world. If youre unsure, I cant tell you whether or not you should jump in. But I can tell you five reasons that convinced me to take the leap: Bitcoin was invented 10 years ago, but the rate of innovation has only reached a fever pitch in the last couple of years, especially with the launch of Ethereum in 2015. Most of the new companies and ideas in this space have been built on top of Ethereum, which is still very immature. Even if you start now, you Continue reading >>

How To Create Your Own Cryptocurrency

How To Create Your Own Cryptocurrency

When you look at the complexities that go into making a physical dollar bill its plain to see why most people dont start trying to print a new form of currency every day, but making a new digital currency is surprisingly easy for someone with even basic coding skills. But coding isnt the only step to getting your digital currency off the ground. Here are the five steps you should follow according to the makers of three cryptocurrencies. When you think about creating a new digital currency its easy to assume the first step would be to begin coding your coin, but thats the wrong place to start, according to Chris Ellis, a London entrepreneur and a community activist at Feathercoin . The first step is to find a community and build a currency around them rather than building a currency and expecting everyone to show up, Ellis says. It has to be sensitive to their needs and be relevant to their cultural heritage and background. Feathercoin was created by Peter Bushnell in April 2013. Bushnell left his job as head of IT at Oxford Universitys Brasenose College because he wanted to start his own currency that put people at the center. This was in response to what he saw as a lack of community involvement and inclusiveness by the existing cryptocurrencies, such as Bitcoin, on the popular cryptocurrency site bitcointalk.org . Though he had not met Bushnell at the time, Ellis, who had been actively promoting and educating people on cryptocurrencies since last March, shared the sense of alienation and seclusion found on Bitcoin forums. These forums were very tech focused and not very welcoming to newcomers or minority groups which are often served better by smaller teams, Ellis says. The forums did not make it easy for people to get involved in the development of the coin. Many pe Continue reading >>

The Blockchain Academy | Cryptocurrency And Blockchain Training World-wide

The Blockchain Academy | Cryptocurrency And Blockchain Training World-wide

The Blockchain Academy provides training on cryptocurrencies and blockchain technology. There is a lot of excitement globally on the opportunities that cryptocurrencies such as bitcoin and it's underlying technology, the blockchain, offers, for financial and non-financial institutions as well as for individuals. At the same time, a lot of confusion exists on what it is and how it works. The Blockchain Academy was established to help educate individuals and organisations on how they can use this technology to understand the benefits and opportunities that exist, improve existing systems and processes and to develop decentralised applications. We teach attendees how to use this technology in order to innovate and better prepare for the future. We provide training at our office at the Bandwidth Barn, in Woodstock, Cape Town as well as at AlphaCode Club in Sandton, Johannesburg. We also provide training at our clients offices in various countries. Each course takes place over one day and is tailored to meet the needs of different target audiences. Training solutions for individuals and groups at your convenience and location. Now offered in many countries for group training. Training solutions for individuals and groups at our offices at the Bandwidth Barn in Woodstock, Cape Town or at our office in Sandton, Johannesburg. Learn at your own pace directly with the instructor in a group or private session via Google Hangouts. This provides you with an opportunity for one-on-one engagement with the instructor. The Blockchain Academy currently offers the courses below. We also tailor-make courses specifically according to your requirements, so please contact us with your requirements. This course is for individuals who are new to digital currencies and blockchain technology. Th Continue reading >>

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