Meet Facebook Libra Whitepaper

Facebook Libra Whitepaper

“Today, Facebook is coming together with 27 organizations around the world to start the non-profit Libra Association and create a new currency called Libra. Libra’s mission is to create a simple global financial infrastructure that empowers billions of people around the world. It’s powered by blockchain technology and the plan is to launch it in 2020. You can read more about the association here: https://libra.org Being able to use mobile money can have an important positive impact on people’s lives because you don’t have to always carry cash, which can be…

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The Price of Bitcoin and What Makes It Go Up and Down

What Makes It Go Up and Down

In our previous posts, we explained the basic foundations of bitcoin. We talked about how the distributed ledger – the blockchain – works. We also explained how you can store bitcoin in bitcoin wallets, buy bitcoin from cryptocurrency exchanges, and spend bitcoin in the real world using bitcoin debit cards and other payment solutions. In today’s lesson, we’ll explain all of the following: The value behind bitcoin, including how supply and demand control bitcoin’s price How bitcoin prices can be sharply influenced by news and events Why bitcoin has a…

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PIVX Announced the Launch of PIVX Foundation

PIVX Announced the Launch of PIVX Foundation

PIVX announced the launch of PIVX Foundation at the UN’s second Blockchain for Impact Summit held in New York on June 4, 2019. The summit, which focuses on how blockchain technology can be used to drive the achievement of sustainable development goals, was led by the United Nations’ Blockchain Sustainability Commission. The PIVX Foundation Bryan Doreian, the PIVX Global Ambassador and Co-Founder of the PIVX Foundation, made the announcement to his fellow delegates during the summit. “The launch of the PIVX Foundation, an independent non-profit focused on supporting PIVX and…

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Fundamentals Of Cryptocurrencies and Bitcoin

Fundamentals Of Cryptocurrencies and Bitcoin

In this post: Fundamentals Of Cryptocurrencies and Bitcoin, you’ll learn: Why bitcoin is the world’s top cryptocurrency (hint: it’s mostly due to “first mover” advantage) How the mysterious Satoshi Nakamoto created bitcoin Why bitcoin is still in its infancy with plenty of room for growth Why cryptography and decentralization are so important for cryptocurrencies Why bitcoin transactions aren’t 100% anonymous How bitcoin wallets can protect your digital money How bitcoins are stored within the public ledger or blockchain Why bitcoin can’t be printed like regular money – it has to…

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Facebook Coin Update: Just around the Corner

Facebook Coin Update: Just around the Corner

According to CNBC, Facebook plan on revealing more information about their ‘GlobalCoin’ later this month of June The coin, rumored to be dubbed “GlobalCoin”, is allegedly aimed to allow users to process transactions via the social media platform, and will also be offered to Facebook employees who want to get paid in crypto. It was also reported that Facebook is planning to introduce physical portals such that users can purchase the cryptocurrency, and is inviting external parties to participate in the network to act as “nodes” for a fee as…

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Investing in cryptocurrency

Investing in cryptocurrency

Investing in Cryptocurrency, in particular, Bitcoin has certainly hit the headlines recently and as a result, there has been much discussion over whether cryptocurrency is a worthy investment strategy for 2019 and beyond. It’s important to understand how cryptocurrencies works before investing any money. Bitcoin is still new and it can take months to understand the true impact cryptocurrencies especially Bitcoin can have on the world. Take some time to understand Bitcoin, how it works, how to secure bitcoins, and about how Bitcoin differs from fiat money. Cryptocurrencies, also known…

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Application of blockchain technology and its impact on Law

Application of blockchain technology and its impact on Law

The blockchain technology is a decentralized database that stores records -digital accounting- of assets and transactions through a peer-to-peer network . That is, it is a public record in which it is recorded who owns what and who processes what. Transactions are protected through cryptography and, over time, the history or record of these is stored in “data blocks”, which are linked together and replicated in each computer that uses the network, creating an immutable record and unforgettable of all the activities carried out through the network of blockchain. Blockchain is not an application, nor…

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What is the impact of Blockchain on a public and private level?

impact of Blockchain on a public and private level

Blockchain is best known for its ability to support cryptocurrencies and dapps, but the number of blockchain applications continues to increase as the technology becomes more advanced. At the same time, the user base is also evolving. Governments are beginning to not only test out the capabilities of blockchain technology but also use this technology for improving governance in the real world. This chain of blocks represents a true technological revolution as big as the emergence of the Internet, but really, what is Blockchain? Blockchain is a technology or information coding…

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Questions about Bitcoin Security

Questions about Bitcoin Security

Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet. Bitcoin can also be seen as the most prominent triple entry bookkeeping system in existence. Is Bitcoin secure? This is the most asked Questions about Bitcoin Security, even some bitcoin experts still ask the question. The Bitcoin technology – the protocol…

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Why great cryptocurrency education is important

cryptocurrency education

Technology is being developed and improved at a speed that can only be described as “exponential.” New industries are growing at a faster rate than ever, too. The cryptocurrency space is a perfect example of rapid development. Especially alongside its rate of growth, the complexity of the industry can be overwhelming for newcomers with little or no technological background. This is only one of the handful of reasons why great cryptocurrency education is important when venturing into cryptocurrencies. The more complex the topic, the easier it is to get it…

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