The Future Of Cryptocurrency Trading May Require Making It ‘Social’ (Op-Ed)
The proliferation of cryptocurrency trading has resulted in trading tools to suit everyone. Now ToshiDesk, a service whose beta release was rolled out this month, is attempting to provide trading that includes a social aspect, turning networking into a driving force behind the success of its users. Will we need a complete shift in ethos in order to engage a significant mainstream user base? Over the past 18 months, in particular, increasing interest in trading cryptocurrency — and not just Bitcoin — has meant that in 2015 a host of providers are offering platforms and financial instruments....
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Web 3.0 is a hypothetical future internet version built on public blockchains, a record-keeping technology best known for facilitating cryptocurrency transactions. Web 3.0 is appealing because it is decentralized, which means that instead of customers accessing the internet through services mediated by firms like Google, Apple, or Facebook, individuals own and regulate areas of the internet themselves. Web 3.0 does not require “permission,” which implies that central authorities do not have the authority to select who has access to what services, nor does it require....
Firstly, let me start out by saying that we fully support the X11 Algorithm and that we do believe it is the future for many coins out there. Especially considering that Scrypt ASICs have already been spotted in the wild, and that there are new ASICs of an expected 250 MH/s! The X11 Algorithm has its flaws though (cons), but do they outweigh all of the pros? Without further ado, let's take a look at the pros and cons of the X11 Algorithm. Litecoin's supposed X11 Logo. Pros. First Pro of the X11 Algorithm? Security: The algorithm uses eleven hashing functions from the Blake algorithm to the....
The Japanese Virtual Currency Asset and Exchange Association (JVCEA) is considering loosening restrictions on coin listing. With a $1 trillion cryptocurrency trading industry, Japan is changing its perspective and innovating by making it easier to list digital tokens. The listing rules in place require prospective digital coins to go through a lengthy coin listing screening […]
Popular cryptocurrency options exchange Deribit will require all of its users to be ID verified before the end of this year under its revamped know-your-customer (KYC) policy.
It is a widely acknowledged fact that many blockchains require large amounts of electricity to operate securely. This downside is primarily associated with blockchains that use the proof-of-work (PoW) consensus mechanism — since they require large networks of power-hungry cryptocurrency mining rigs to work together to ward off attacks. According to current estimates, the Bitcoin […]