BlockChain

What is blockchain technology?

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Blockchain technology uses peer-to-peer technology to send payments or data from one entity to another without the involvement of a financial institution or other central intermediary. It does it so that the data is completely secured, cannot be altered through fraud, and it does this efficiently -without excessive cost and time.   What if there […]

Lab

What is Ripple XRP Cryptocurrency?

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what is XRP Ripple

Think of Ripple as the internet of money. A whole new approach to the problem of real time transactions. Blockchain technology has promising uses for the future. At least, that’s what all the Bitcoin enthusiasts say. Until Ripple came along, it wasn’t sure what direction blockchain was headed in to have any real application that […]

Bitcoin

History of Bitcoin: First Year of Bitcoin

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Bitcoin History

Since its early days, Bitcoin has promised a world of change to the way currency is currently perceived and used. Bitcoin has certainly risen in value since those early days, and has given rise to many copycat currencies. But as the history of Bitcoin and Cryptocurrency shows, some have failed, others have survived, but it […]

Lab

Meet EOS – The Potential Ethereum killer

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What is EOS Cryptocurrency

  Ethereum is in for some serious competition from this up and coming blockchain protocol. EOS touts itself to be a decentralised application development protocol, which will revolutionise the way users create dapps and transactions thereof. What is EOS? It was developed by Dan Larimer in May 2017. It is set to be a blockchain […]

BlockChain

5 Reasons Why Blockchain Will Succeed

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Blockchain is a fintech favourite   Since the blockchain technology is open source and decentralised, miners can just build on the existing code without altering the original chain. If somebody has to tamper it, he will have to re-write the complete history immediately. That’s impossible to accomplish, making blockchain the most secure way of storing […]

Bitcoin

History of Bitcoin: The Biggest Bitcoin Price Crashes

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Surviving a Bear Cryptocurrency Market

Since its debut in 2009, and up til the present time, Bitcoin has seen huge ups and downs in terms of its valuation. This volatility has seen its value drop by 64.5% since December 2017 with an overall market capitalisation now standing at $338 billion. While this may make for a lot of Internet memes […]

BlockChain

Five Reasons Why Blockchain Will Fail

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what is blockchain technology

Cryptocurrency prices are sliding and the world is arguing over the usefulness of Blockchain as a technology. The truth is that blockchain technology may not have taken off as much as it should have. Here are top 5 reasons why:   Blockchain is making claims bigger than it can handle It is trying to replace […]

Cryptocurrency

Can I Make Money from Trading Bitcoin and Crypto

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Can you make money from crypto

So can you make money from Bitcoin and other Cryptocurrencies? In short.of course. Why not? Bitcoin and crypto can be regarded as a: Medium of value: You can hold it indefinitely as the value may appreciate over time Medium of exchange: You can buy goods or services Medium of speculation: You can trade it with […]

Lab

Meet Dash – Digital Peer to Peer Cryptocurrency

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Dash Privacy Cryptocurrency coin

For anyone who enjoys the ease of use of PayPal, but is attracted to the ever increasing value of cryptocurrency, Dash represents a viable alternative. Launched in 2014 by Evan Duffield, Dash has undergone several evolutions to become the peer to peer digital currency it is today. Duffield was intrigued by Bitcoin, but wanted a […]