Posts in Category: Cryptocurrency

Token-Based Applications

Tokens need their unique platform and are created in an Initial Coin Offering (ICO). The primary investors are given the token through ICO. These tokens can be used to pay in some applications and systems. Tokens are of different types, and each owns its specific function...

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Business Applications, Use Cases

After Bitcoin being created in 2009, Blockchain drew more attention. Many people think that Blockchain will influence technology even more than the internet. In a study carried out by IBM company on 3000 activists in various domains of technology, it was found out that at least 18% of them use Blockchain in their businesses or intend to use it.

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IDAX Exchange Scam, and the Confusion of Users

IDAX Exchange Scam, and the Confusion of Users
The crypto exchange IDAX, which has been one of the most reliable and pioneer crypto exchange in 2018, is turning into one of the largest scams in recent years. From mid-November, there has been news about the arrest of one of the senior managers of ... read more
 

What Is a Mining Pool?

mining pool is essentially a collection of miners who have pooled their resources and computing powers together in order to mine a cryptocurrency. As the mining difficulty of a cryptocurrency increases, it becomes harder and harder to mine, because it requires more computation power. Which itself requires more energy, electricity, and eventually more costs. This can often be too expensive for a solo miner. For this reason, miners form groups in order to decrease the costs of mining.

 

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