Steem – a Social Media Platform Powered by Blockchain

Steem - a Social Media Platform Powered by Blockchain

Good news guys! We’ve added another cryptocurrency for you to purchase and trade with – Steem. This is a blockchain-based social media platform where you can earn rewards. Steem has made quite a climb in the recent weeks. Let’s have a look what Steem is all about.

NXT

NXT

I am going to continue introducing new and awesome cryptocurrencies. Cryptocurrencies have been around over 5 years now and there are so many different altcoins already out there. The list keeps growing and so do the possibilities that come with it. You can buy, sell and trade all of the cryptos featured in the series of posts about altcoins on our exchange. Today I have a look at what Nxt is for.

Blockchain – Three Terrific Uses

Blockchain - Three Terrific Uses

You probably all know and understand Bitcoin, currently the most popular cryptocurrency. What makes Bitcoin and other cryptocurrencies great are their superfast transfer times and very low fees. The coin side of Bitcoin is not that difficult to grasp for even a newbie – think of it as digital cash if you like. If email is the digital letter then Bitcoin is the online and digital equivalent of money. You can purchase goods with Bitcoin. Send money easily to almost any part of the world. On top of this you can make nice profits trading Bitcoin on an exchange thanks to its volatility.

Bitcoin Debit Cards – a New Personal Banking Solution?

Bitcoin Debit Cards - a New Personal Banking Solution?

As the use of Bitcoin and other cryptocurrencies becomes more and more popular, we see an increase in products available. There are so many crypto apps available that serve  many different purposes. From smart contracts to securing a country’s health records to playing little addictive games – blockchain gives us so many wonderful new opportunities and features. It is said to revolutionize the banking system. Let’s have a look at some particular products that might help you send the banks packing. I am specifically talking about Bitcoin debit cards.


Bitcoin for Beginners

Bitcoin for Beginners

If you’ve just come across Bitcoin and cryptocurrencies or just had an interest in the currency that stands for BTC now, let me explain it as simply as I can. I know that it might be a little bit confusing at first. When I came into contact with the subject of Bitcoin and Blockchain, I did not understand what was being said and how his thing could possibly work at the beginning. Hopefully I can explain it so it becomes clear.

 

Blockchain: the technology at the heart of cryptocurrencies

Blockchain: the technology at the heart of cryptocurrencies

What is Blockchain?

 

Blockchain is the technology behind Bitcoin and other cryptocurrencies. It provides a structure that is seen as impossible to manipulate and offers a shared public ledger of all transactions ever completed. It is also so far proven impossible to replicate.Once a new block has been completed it will be added to the permanent database. Every time a block is completed a new one will be generated. They are added in a linear and chronological order, forming a chain, hence the name “Blockchain”. Every new block contains a hash of the previous block. It stores complete information about the addresses and transactions and they cannot be deleted. Each computer connected to the Bitcoin network receives a copy of the blockchain automatically upon joining the network. Blockchain stands as proof of all the Bitcoin transactions.