Types Of Hot Wallets Account-Based Hot Wallets Accounts that are stored in the online asset exchange companies, such as Bittrex and Poloniex, are deemed as hot wallets as they record all the funds…
Read moreTrading Strategies There are three trading strategies introduced in this chapter. These strategies will form the foundation of other strategies that you will surely get used to as you mature in your trading…
Read moreBrief History of Cryptocurrencies It all began in the 1990s when American cryptographer, David Chaum, created what was considered as the first kind of online money in the Netherlands: DigiCash. He created DigiCash…
Read moreCryptocurrencies have become all the rage over the last few months, especially after the meteoric rise in the price of Bitcoin back in December 2017. It used to be that cryptocurrency investing was…
Read moreChallenges Posed By a Centralized Monetary System Whenever we give someone or a group of people total authority over something, there will be serious challenges that will need to be addressed. When it…
Read moreDigitizing Money The establishment of fiat money has made it easy – even mandatory – to create digital ones. The advent of the Internet and establishment of monetary authorities that control and issue…
Read moreFiat Money The word “fiat” is a Latin word that’s best interpreted as “by decree.” This means that any fiat currency, i.e., paper money, only has value because their respective governments say so….
Read moreWhat is Money? To better understand or appreciate cryptocurrencies, it’s important to get a good grasp of the nature of money. This is because cryptocurrencies are a form of money and by understanding…
Read moreThe Concept Of Double Spending What Is Double Spending? Double spending can be defined as an activity when an individual transacts more money than the required amount. Most currencies online face this issue….
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