The internet age is in full swing and more of our time and attention is being taken up by the world wide web.
2019 has been an interesting one for cryptocurrency trading, with crypto prices stabilising and growing after the volatility of 2018.
South African Cryptocurrency Exchange OVEX recently closed a successful round of funding lead by Invictus Capital, the firm which founded CRYPTO20 – the world’s first tokenized index fund.
Bitcoin is a cryptocurrency digital cash. It is decentralized and have its own blockchain. This currency has no middle man, in other words, coins are sent without a bank with peer–to–peer technology (computers which are connected to each other) to another user.
Chiliz, a sports blockchain venture, gives sports and e–sport fans the ability to crowd–manage their favourite teams, games, leagues, and events.
Satoshi Nakamoto released a whitepaper (a document issued with new blockchain projects) Bitcoin: a Peer–to–Peer Electronic Cash System in 2008.
Blockchain is basically a glorified linked list. It is a data container; and when a block is formed it chains up with the previous hashtag to another block and therefore it forms a block of chains.
Ethereum is an open-source platform. This means it is computer software in which source code is released.
YouTube the worlds favourite video sharing site, social media platform and technically the second largest search engine in the world continues to be the centre of controversy.
Bitcoin (BTC) was started by an unknown person or group by the name of Satoshi Nakamoto in 2008. This was a group of independent programmers who developed and released an open–source, peer–to–peer, digital cryptocurrency on the Bitcoin blockchain.
Tron (TRX) is a blockchain platform launched as the foundation for a decentralized entertainment ecosystem.
You can use a platform called Luno to buy and sell Bitcoin and Ethereum. This platform can function as a trading platform in one wallet.
Microsoft is building an ID verification platform on Bitcoin’s platform. They use the blockchain technology to create a trustful digital identity scheme.
If you invested in Bitcoin a year ago you will now experience profitable returns. This famous coin reached a high of $8 800 at the time of writing and there are speculations that it will reach $10 000 shortly.
We are in for major surprises when we have a look at Artificial Intelligence and the Blockchain.
Blockchain-based systems can have an effect on payrolls especially businesses working across other countries. This can help to standardize payments in different currencies.
We all know that humans are unique in many ways. We differ from each other and our framework of reference influences our perceptions and decisions at the end of the day.
Ethereum (ETH) can be used as a virtual money currency. It is not only limited as a cryptocurrency, but it also has the functionality featuring smart contracts which means it is much more than a cryptocurrency.
Earlier this week, Irresident Limited and Privé Trust have deployed the first software copyright asset on the Ethereum network.
If you think in terms of technology, the country with the best technology rules.
Blockchain in Google searches has taken the term “cryptocurrency”. According to Google the word “blockchain” did it for the first time in July 2018.
Can decentralization be the answer for the Internet’s centralized chaos? A network that isn't managed by a central party but instead, peer-to-peer interaction with no third party which is a network of nodes.
It is important to know that all coins or tokens are cryptocurrencies. Many people think it is very similar, but they refer to two completely different concepts.
SAFCOIN, an exclusive African cryptocurrency, has outlined its growth roadmap, which includes opening a third support centre, expanding into Africa.
Money also knows as Fiat Money is physical money (paper money and coins). Fiat money is backed by the government and regulated by the central bank.
A dApps are a decentralized application which is an application on the blockchain. The adChain registry is a community of members uses ADTokestry.
n to signal whether or not a website should be included or rejected from the registry.
MetaMask is a bridge to visit the distributed web in your browser. This DApp will allow you to run Ethereum DApps in your browser.
Steemit is a Decentralized Application (dApp) on the Blockchain. Factors which make Steemit very attractive is that it has a ewallet, a social media platform, and you can also trade on Steemit.
Technologies have the potential to disrupt business models in many industries. It can increase transparency and efficiencies in the process.
A dApp is an abbreviated form for decentralized application. The back end code run on a peer-to-peer network, not on a single server or computer with other words not centralized like Facebook or Twitter.
Local crypto enthusiasts recently were able to be part of the SAFCOIN ICO (Initial Coin Offering) which ended on October 31 2018 — and now those who missed out on the ICO, can also get involved — as SAFCOIN is open for trade.
Decentraland is a virtual world, powered on the Ethereum blockchain platform.
Fiat Money is physical money (paper money and coins). Fiat money is backed by the government and regulated by the central bank.
In future Blockchain and virtual currencies will become widespread. It will produce a radical change in the field of online commerce.
Sadly the truth is that junk stays junk, and we cannot compare junk with something awesome or extraordinary. We can sit for hours and put a lot of effort into compiling junk, and then we ask why are we not seeing the results?
Cryptocurrencies can operate at a universal level. It allows users to make cashless transactions with low transaction fees and is very fast.
Ask yourself why is the press running with this, or why conservative financial institutions are starting to pay attention to the blockchain?
The brilliance and excitement of future technological development is really becoming the discussion of the day.
The South African government has decided to set up a cryptocurrency working group to regulate Cryptocurrencies.
Soon it will be possible to track your health condition by downloading a simple app on your phone from Google Play or App Store. This can been done with the latest Blockchain technology which will bring you a variety of benefits.
If you have a look globally there are countries which shut down the internet. In China for example, the government put censorship on spreading more trading with Bitcoin and other cryptocurrencies.
Bitcoin makes use of cryptographic hash function SHA256, which stands for Secure Hash Algorithm 256-bit. The SHA was invented in 1985 and further developed by the NSA in the early 2000’s.
A sidechain is a mechanism that allows your bitcoins or other tokens to move to a completely other blockchain, trade them and then move it back to the bitcoin blockchain.
When two PCs share files or resources without requiring a separate server, or server software, it is called a Peer-2-Peer (P2P) network.
A dApp uses a smart contract to run. dApps are the front end of the smart contract. This application is a blockchain enabled website. It is very similar to the traditional website.
A Decentralized Application, dApp, is a computer application on the distributed computing system. A distributed system is a system whose components are located on a different network of computers.
dApps are decentralized applications which interact with blockchains over protocols. They read and write data from and to the blockchain, without using the traditional database.
LAN is the traditional content-sharing system which are isolated machines running in small local area networks (LAN).
Colony is an open source platform for developers to build dApps. A dApp is a decentralized application on the blockchain. Colony can be a platform for a community project, a company, or a non-profit organization.
Early versions of the Genesis block on the blockchain were Block 1, but in the modern versions, it is block 0. Most of the times the Genesis block is hardcoded into the software of the applications that utilize it’s blockchain.
One of the most exciting things is to become an expert in the blockchain and cryptocurrency environment, anyone with the time and dedication can become knowledgeable in this subject.
