A few years ago, you were able to mine Bitcoin using your CPU. But not anymore. Due to the increase in the difficulty of mining Bitcoins, the scale of mining has become too large for you to do it using a CPU at home. Bitcoins are now mined using complex hardware and software. But there…
Horizon (formerly known as Zencash) is a cryptocurrency that offers a private platform for money, media, and messages. Horizon (Zencash) is also focused on creating a decentralized future. The team is working to implement DAO technology in the coming years. As of now, Horizon uses, Equihash as its consensus algorithm. There are many ASICs available…
Monero (XMR) is a private, secure and untraceable cryptocurrency. Arguably the most popular privacy coin in the crypto world. It focuses on privacy, decentralization, and fungibility. Monero uses a public ledger to record all transactions but this ledger is obfuscated. Meaning, anyone can broadcast a transaction but no outsider can tell the amount, destination and…
Bitcoin SV (Bitcoin Satoshi Vision) was born as a result of a hard fork in Bitcoin Cash blockchain. It aims to bring the values of the original Bitcoin. Craig Wright is the chain leader of Bitcoin SV, who claims to be Satoshi Nakamoto. Since its birth, Bitcoin SV has grown to become one of the…
Ethereum (ETH) is undoubtedly one of the best innovations in the recent past. Until recently, building blockchain applications required a complex background in coding. Thanks to Ethereum, developers are now able to build and deploy decentralized applications fairly easily. In simple terms, Ethereum is a software platform based on blockchain technology that provides all the…
Vertcoin (VTC) is a peer-to-peer cryptocurrency similar to Bitcoin, Litecoin, and other cryptocurrencies. It has its own blockchain, a network of miners and wallet infrastructure. However, unlike Bitcoin, Vertcoin is dedicated to keeping its mining network decentralized. Developers of Vertcoin (VTC) has made this coin resistant to ASICs (Application Specific Integrated Circuits). It forked a…
When we talk about cryptocurrencies, we often assume anonymity to be one of the defining features of cryptocurrencies. However, this is a misconception. Popular cryptocurrencies like Bitcoin and Ethereum can be traced by anyone. If someone links your real-world identity to one of your cryptocurrency addresses, it can reveal all transactions you’ve made so far.…
When we talk about cryptocurrency, we often list anonymity as one of the defining characteristics of cryptocurrency. However, this is just a misconception. Popular cryptocurrencies like Bitcoin, Ethereum, Litecoin cannot provide full anonymity when transacting. Wallet addresses you own can be linked to your real-world identity. If you signup to an exchange or wallet service,…
A group of developers who decided to increase the block size limit of Bitcoin, implemented a code change in August 2017. This change was called a hard fork and took effect on August 1, 2017. As a result, Bitcoin’s ledger, known as the blockchain was split in 2, creating Bitcoin Cash (BCH). Bitcoin Cash’s block…
Bitcoin is undoubtedly one of the best innovations in the recent past. However, Bitcoin has come under a lot of criticism for its scalability issues. In 2017, Bitcoin went through a hard fork and Bitcoin Cash (BCH) was born. Bitcoin Cash addresses the scalability issues with Bitcoin. Thanks to Bitcoin Cash, massive on-chain scaling is…