BLOCKCHAIN • CRYPTOCURRENCY • NARRATIVE JOURNALISM
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As one might have guessed, the word “cryptocurrency” is composed out of two words: “cryptography” and “currency.” One could say that cryptography is an integral part of cryptocurrencies, and that’s very much correct. In this guide, we will be looking at why that is the case. Why is cryptography and why is it important, how [...]
If you’ve heard about cryptocurrencies, or about the cryptocurrency – Bitcoin, then there’s a very good chance you’ve also heard about the term “blockchain.” Over the years, the term of cryptocurrencies and blockchain were inseparable, as most people tend to think one does no go without the other. This assumption is, in many respects, wrong. [...]
Since the birth of the first cryptocurrency and blockchain, the crypto sphere proved that it can easily act as a breeding ground for new and exciting technology. Among many other things, cryptocurrencies have proved that storing vast quantities of sensitive information in a centralized way (as well as without any type of cryptography behind it) [...]
What is Zcash? Zcash is a privacy-focused crypto which was launched in October 2016 by a team of notable developers, including the prominent cryptographer Zooko Wilcox (Founder and CEO) and many of the original developers of the Zerocoin and Zerocash protocols. Zooko Wilcox has over 20 years of working in the field of cryptography, startups [...]
Bitcoin vs Ripple Bitcoin was created to be a form of peer-to-peer electronic cash which was created in 2009, making it the world’s first digital currency to be secured by cryptography, and which did not have any central authority to govern it. Bitcoin holders are able to send and receive the coins among each other, [...]
What is a Sidechain? Sidechains are a concept first surfaced in 2014 when several important developers in cryptography and early digital currency published their paper on Pegged Sidechains. A sidechain is a blockchain separated from the original blockchain, which enables users to securely transport tokens and other digital assets between blockchains and then link back to [...]
About ShapeShift Founded in 2013 by Erik Tristan, ShapeShift is a Switzerland-based cryptocurrency exchange renowned for providing its traders with quick, almost-instant transactions. Its speed, and the fact that it supports a large number of cryptocurrencies has made ShapeShift very popular among various crypto wallet companies, with relevant examples being Jaxx, Exodus, and KeepKey. This [...]
Cryptocurrencies are now very much part of the mainstream, whether people like it or not, whether they agree with this fact or not. And, so does cryptocurrency investing, trading, and other similar activities. For most financial analysts, cryptocurrencies meant a big step in their trading skills, for investors, it probably meant a bigger challenge than [...]
What are Cryptocurrencies? First, let’s understand the definition of cryptocurrencies. Cryptocurrencies are digital currencies that are encrypted (secured) with complex cryptographic algorithms. Cryptography is used here to secure and verify the transfer of transactions. Cryptocurrencies are powered by a public ledger which records and validates all transactions chronologically, which is known as a blockchain. What [...]