You can use one or more ways to store your cryptocurrency such as Bitcoin, Ethereum, and other alt-coins. Each method carries its own risks, some much more than others. We’ll take a brief look at the following ways: Online wallet Exchange Offline PC Removable media or hard drive Paper Specialty hardware Firstly, keep in mind […]
No. You cannot just duplicate your Bitcoins or any other cryptocurrency- even when you back them up. Let’s say I copy my coin wallet to another computer and start using it there. What happens? Firstly, the blockchain only contains information to verify that you are the owner of a cryptocurrency. So if you were to […]
Cryptocurrency is a form of currency that is typically built on a globally distributed ledger called a blockchain. Everybody has heard of Bitcoin. If they hadn’t a few months ago, for surely they have now- primarily due to the success of Bitcoin’s value. However there are several cryptocurrencies operating in the market and are commonly […]