Everything you wanted to know about the VeChain whitepaper
Everything you wanted to know about the VeChain whitepaper:
What is IOTA?
A transactional settlement and data transfer layer for the Internet-of-Things (IoT). IOTA is intended to avoid the overheads of a blockchain and be lightweight so suitable for the emerging machine-to-machine (m2m) economy. IOTA is based on a new form of distributed ledger – the Tangle – which overcomes the inefficiencies of cu…[Read more]
What is Dash?
Dash is an open source peer-to-peer cryptocurrency released in Jan 2014 as Darkcoin and rebranded in March 2015. Dash is intended to fix some of the key problems with the Bitcoin system;
Dash creates a block in ~2.5 minutes. Bitcoin creates a block in ~10minutes
Dash has implemented InstantSend that uses ‘masternodes’* to allow…[Read more]
What is Litecoin?
Litecoin is a cryptocurrency. Like Bitcoin, it operates using blockchain technology but with some technical differences:
Litecoin uses the Skrypt crypto algorithm Skrypt, Bitcoin uses SHA-256
There can never be more than 21 million Bitcoins. The Litecoin maximum is 84 million coins
A Litecoin transaction is approximately 4 ti…[Read more]
What’s Ripple (XRP)?
A private blockchain created for faster payment processing and mostly used by banks for payment handling using the Ripple protocol through Ripple tokens. Ripple aims to make sending money globally frictionless using the blockchain. It is currently the fastest and most scalable digital asset, enabling real-time global payments…[Read more]
Local Bitcoins — Buy and sell bitcoins near you. 10M monthly users.
Poloniex — USA. Trust: 3.5/5. Poor support
CoinBase — USA. Trust: 5/5. Pay with fiat
Bittrex — USA. Trust: 4/5. Many altcoins.
CEX.IO — UK. Trust: 5/5. Fiat. Newbie friendly
BestBitcoinExchange — Curated list of 35 popular exchanges.
(And, if you find anothe…[Read more]
To keep your BTC safe, take them off the exchange and store in a wallet you own
There are different types of wallets, with various features and benefits;
How well does the exchange rate compare to the global average BTC price?
Use an exchange that takes your preferred payment method and currency
Tip: Different payment methods incur varying fees. Credit card purchases are often charged a fee of 3-10% Most deposits by bank transfer are free
Speed – verification
Find a BTC exchange like Kraken or SpectroCoin
Exchange your local currency, (U.S. Dollar, Euro, Pound etc), for BTC
BTC price varies throughout the world. Research to get the best deal
Transfer the coins to your wallet
Tip: Learn how to transfer bitcoins to a cold storage BTC wallet
Tip: A BTC debit card makes spending easy
Easiest & fastest way is a credit or debit card is via SpectroCoin – $50 or less BTC, usually within 10 minutes.
Limits go to $200 in four days and $500 in seven days for frequent users
Buying bitcoins with a debit or credit card usually means higher transaction and proc…[Read more]