42 published articles
Criminals are flocking to botnets as of late, due to how much damage these nefarious creations can cause. Rakos, a rather prominent type of malware, is currently being used to build a very powerful botnet. So far, there are several thousand bots in existence. Although the numbers are not alarmingly high, this new botnet is more than capable of executing powe…
There has been a lot of focus on both Stellar and Ripple over the past few days. Although both networks cannot be labeled as traditional cryptocurrency networks by any means, the technology is of great value to financial service providers. However, it is a bit unclear what the difference is between Stellar and Ripple are exactly. As it turns out, there are d…
One of the primary questions people are asking on social media is whether or not there is such a thing as a wallet for Ripple. Storing the XRP token is quite difficult, as most people would prefer not to keep funds in an exchange wallet. That is still a viable choice, even though there are some alternatives one could check out as well. 3. Exchange Wallets Ar…
There are so many different projects to keep track of in the cryptocurrency world, it becomes hard to get acquainted with everything. The Ethereum Virtual Machine, also known as EVM, is quite a nifty project a lot of people tend to overlook. It is quite important to understand what this project is all about, as it provides some interesting benefits to Ethere…
Cryptocurrency enthusiasts were not surprised to find out various central banks and governments want to issue their own digital currency in the future. In the United States, this initiative is known as Fedcoin. The idea was first proposed in 2014 by JP Koning. Fedcoin will not necessarily be a threat to bitcoin anytime soon, yet it is worth looking at what t…
Cryptocurrency enthusiasts will often hear how miners have to provide more powerful hardware to keep up with the mining difficulty. To some people, this may sound strange, as the mining difficulty doesn't become more difficult in the traditional sense. The difficulty is a unit of measurement designed to indicate how difficult it is to find a hash below the g…
There has been quite a lot of controversy regarding Bitmain's ASICBOOST technology over the past few days. This technology allows the company to use a flaw in the bitcoin mining protocol to gain a competitive advantage over their competitors. However, there are some some claims ASICBOOST only works with a specific type of scaling proposal. It is time we dive…
There is hardly ever a boring day in the world of cryptocurrency, and today is no different. It appears as if the Wells Fargo Bank has caused some controversy. This bank no longer allows virtual currency platform customers withdraw money. So far, close to US$180m in funds is locked up in Wells Fargo accounts, with no clear path to a resolution in sight. iFin…
Cryptocurrency exchanges are the convenient gateway to buying and selling bitcoin and other cryptos. As one would expect, these exchanges also create arbitrage opportunities. Taking advantage of these "gaps" between bitcoin prices can be quite difficult, especially when things need to be done manually. Thankfully, there are some bitcoin arbitrage bots which…
Everyone involved in the cryptocurrency ecosystem is well aware of how bitcoin uses a proof-of-work algorithm. New coins are generated through the mining process, which becomes more difficult over time. However, not all cryptocurrencies in existence can be mined. Below are some of the more popular altcoins that offer no mining incentive, yet are still quite…
One thing a lot of people do not like about bitcoin is how it takes an average of 10 minutes before a transaction receives a network confirmation. Various other cryptocurrencies, also known as altcoins, try to improve this block time by quite a margin. Some projects focusing on faster block times are more successful than others, though. 4. Litecoin Litecoin…
Trading bots are rather common in the bitcoin world, as very few traders have time to stare at the charts all day. Most people trade bitcoin as a way to generate passive income while working their regular day jobs. With so many people relying on trading bots, the question becomes which one can be trusted and which one should be avoided. Below is a list of kn…
