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…
As you know, it is no longer profitable to mine Bitcoin with a CPU or GPU. The only way to mine Bitcoin profitably is to use an ASIC (Application Specific Integrated Circuit). These are powerful machines built from the ground up to do just one task. It is to mine cryptocurrency. Therefore, it is powerful…
DigiByte is another cryptocurrency that has its own decentralized blockchain, wallet, and community. This coin is a competitor to Bitcoin. In terms of block time, Bitcoin is at 10 minutes, but DigiByte only takes 15 seconds and the transactions are completed within 1.5 minutes. They claim to be the world’s longest, fastest and most secure…
Electroneum is a mobile-oriented cryptocurrency that can be mined on a smartphone. Its instant payment system allows transactions to be settled instantly. Anyone with a smartphone can mine or transact Elctroneum for free. All you have to do is install the Elctroneum app and start mining. The miner runs silently in the background and consumes…
Dash is similar to Bitcoin in many ways. But, most importantly, Dash is private and faster than Bitcoin. It is built upon Bitcoin’s core code with additional features. Just like Bitcoin, Dash is open-source, with its own blockchain. Dash compared with Bitcoin, has incredibly low transaction fees. Initially, Dash was called “Xcoin”. Later changed to…
Cloud mining can be fun and very profitable sometimes. If you don’t have expensive mining hardware, the only way to own cryptocurrency is to either buy or cloud mine. Not everyone has the luxury of buying cryptocurrency from an exchange, as some countries are restricted from buying. And, even if you find an exchange that…