Cryptocurrency Definitions: NEO

NEO

What Is NEO? Formerly known as Antshares, NEO is a recent iteration on Ethereum’s smart contracts. NEO uses a unique blockchain algorithm that improves upon Ethereum’s model. While the basics still apply, it also supports decentralized commerce, identification and digitization of several assets. NEO also closes loopholes that have caused some Ether contracts to be … Read more

Cryptocurrency Definitions: Altcoin

Altcoin

Altcoins is the term used to describe all the non-Bitcoin cryptocurrencies in existence. Ethereum and Litecoin are the most well known and trusted altcoins, but there are thousands of other much smaller cryptocurrencies. Bitcoin as the first currency paved the way for others to follow. Develop newer variants with benefits and altcoins are currently attempting … Read more

Cryptocurrency Definitions: Cryptography

Cryptography is a method of storing and transmitting data in a particular form so that only those for whom it is intended can read and process it. The method involves creating generated or written codes that allows information to be kept secret. Cryptography converts data into a format that is unreadable for a user, allowing … Read more

Cryptocurrency Definitions: Cryptocurrency

Cryptocurrency

Cryptocurrencies in simplest terms are limited entries into a database which no one can change without fulfilling specific conditions. These digital currencies use cryptography and transaction ledgers to create a secure, anonymous, traceable, and secure monetary system. A cryptocurrency like Bitcoin is composed of a network of peers. Every peer has a record of the … Read more

3 Key Differences Between Day Trading Stocks and Cryptocurrencies

best pattern to trade bitcoin

Cryptocurrencies are undoubtedly the most volatile and hyped up asset class in finance this year. There is so much volatility to capitalize on both the long and short side. In order to capitalize on this volatility, it must be understood that there are many differences from trading stocks. Here are three important differences between day … Read more

Understand Cryptocurrency Basics

Basic Cryptocurrency Definitions Cryptocurrency- Cryptocurrencies in simplest terms are limited entries into a database which no one can change without fulfilling specific conditions. These digital currencies use cryptography and transaction ledgers to create a secure, anonymous, traceable, and secure monetary system. Cryptography- A method of storing and transmitting data in a particular form so that only those … Read more