On August 1st, 2017, a divergence in the bitcoin blockchain was created. This created a new bitcoin token on the blockchain in addition to the bitcoin from the original chain: Bitcoin cash. Everyone who owned the original bitcoin kept their existing tokens, but also received bitcoin cash tokens on the day of the split. There … Read more
Bitcoin Cash is a cryptocurrency that came from the fork of Bitcoin Classic that was created in August 2017. Since its launching, Bitcoin faced pressure from community members on the topic of scalability. Especially, that the size of blocks — put at 1 megabyte (MB), or 1,000 bytes, in 2010 — could slow down trade … Read more
It has been an incredible last few weeks in the Bulls on Crypto Street chatroom. There has been some incredible moves in NEO, Bitcoin, Litecoin, and Ethereum. Every day we analyze what cryptos have the potential to make explosive moves that day, how we can find entries with the best risk reward, and develop trading plans … Read more
Block reward refers to the new cryptocurrency tokens distributed by the network to miners for each successfully solved block. Essentially, it entails solving a computationally tough math equation to find a new cube, which can be added to a blockchain, and getting a reward of couple bitcoins or other crypto currencies for solving the problem. … Read more
Ripple (XRP) is a technology which functions as both a cryptocurrency plus also a digital payment system for monetary transactions. The cryptocurrency was co-founded by Jed McCaleb and Chris Larsen in 2012. To comprehend the way the system operates, look at a money transfer arrangement at which both parties on each end of this trade … Read more
What Is A Private Key? A private key is a complex type of cryptography that enables a user to access their cryptocurrency stored in their wallet. When sets up a cryptocurrency wallet, they are usually provided a public key and a private key to send and receive tokens or coins. The public address is where … Read more
What Is A Public Key? A public key is a cryptographic code that enables a user to recieve cryptocurrencies into his or her account. The key coupled with the private key are important tools necessary to ensure the safety of the crypto economy. When a user accomplishes his inaugural transaction with bitcoin or altcoins, a … Read more
Founded in 2015, Ethereum is the 2nd largest cryptocurrency in the world, behind Bitcoin. Ethereum (ETH) is a decentralized program platform that empowers SmartContracts to be assembled and operate with no downtime, fraud, interference or control from a third party. It is also a programming language running onto a blockchain, enabling programmers to build and … Read more
Litecoin is the 3rd most well known cryptocurrency behind Ethereum and Bitcoin. This cryptocurrency was designed to be a Bitcoin alternative that would improve on some of its weaknesses. It differs from Bitcoin in elements such as block production speed, as it is four times faster than Bitcoin. Litecoin is easier to access and processes … Read more
A ledger is a database where every transaction of a cryptocurrency is recorded. For example, Blockchain is the ledger for Bitcoin transactions. It is a global ledger where every transaction of bitcoin that has ever happened is recorded. The complete ledger is well over 100 GB in size, and is growing every day as more … Read more
