Tag: cryptocurrency

ASEAN: Governments and Cryptocurrencies

ASEAN, Association of Southeast Asian Nations, was originally formed in 1967 by five member nations, namely Singapore, Thailand, Malaysia, Indonesia, and the Philippines. The original 5 member alliance’s aim was to promote regional stability. Currently, ASEAN consists of 10 member countries. Brunei joined ASEAN in 1984, Vietnam joined in 1995, Myanmar and Laos joined in 1997, and Cambodia joined in…

Recent Bitcoin Developments

Bitcoin has managed to dominate the cryptocurrency market ever since its inception. Besides being the most popular cryptocurrency, it’s also the most expensive crypto in the world. Its price skyrocketed back in the last quarter of 2017 where it nearly breached the $20,000 mark. Most users adopt it as an investment asset by hodling it, but much of its hype…

Proof-of-Stake Versus Mining

Cryptocurrency mining can be explained as the process by which cryptocurrency transactions are verified and then added to the public digital ledger commonly known as a blockchain. Cryptocurrency mining is also another way that new Bitcoins are generated and released. Miners are responsible for ensuring that any and all transactions carried out on the blockchain are authentic. They also help…

Structure Of The DinarCoin

In our pursuit to launch the DinarCoin token, we faced a huge number of hurdles, both technological and economical, but we came out successful in our endeavors. We finally and successfully create the gold and blockchain-based DinarCoin which is actually pegged to the worldwide gold spot-price. Many cryptocurrencies were (and still are) dealing with the effects of price volatility and…

Why We Use The ERC223 Token Standard

Ethereum’s creator, Vitalik Buterin, was first introduced to the cryptocurrency and Bitcoin space back in 2011. In that same year, Vitalik launched Bitcoin Magazine that would constantly post articles regarding the future of cryptocurrency. Afterward, he worked on some altcoins which were based on the Bitcoin codebase. After facing a few shortcomings with the Bitcoin blockchain while trying to build…

Bitcoin Deep Dive: Where Did BTC Come From?

The arrival of Bitcoin into the world was one that can be compared to that of a UFO landing in a cornfield: nobody really knew where it came from and nobody ever thought that it was in existence in the first place, until its release. On August 18th, 2008, the domain name Bitcoin.org was silently registered, and on exactly the…

Banks And Cryptocurrencies

It’s 2018, and the last year has been a crazy roller coaster of innovation, awareness, hype, regulation, and uncertainty in the whelm of cryptocurrencies. Digital currencies saw their highest peak in prices in the latter part of 2017, and have since been on a long and slow drag since the beginning of this year. Bans and regulations have swept across…

Cryptocurrency Gross Value vs. Other Assets

Prices may have changed since the publishing or reading of this article. Some analysts and ordinary people have claimed that Bitcoin and other cryptocurrencies are a bubble waiting to explode. A lot has been said about these digital assets, but what cannot be denied is their rising gross value. Bitcoin, in particular, has continued to surprise us by registering high…

How Blockchain Technology Can Help The Government

Blockchain technology is probably one of the finest technologies to come out of the 21st century. Described by Satoshi Nakamoto in 2008, blockchain technology is simply a decentralized public ledger that runs on a P2P network. The ledger is updated regularly and can be used to record any kind of transactions. It came into prominence when it powered Bitcoin, the…