Understanding the Coming Currency Cold War

Now that bitcoins are trading at more than US$500 again, there has been renewed interest among speculators and cryptocurrency users slightly higher up the left side of the adoption curve. This piece is for those people. There seems to be a growing understanding that the more important innovation in Bitcoin isn’t the currency, but the blockchain itself. So, if you bought in earlier this year at US$380 and think you can cash out at US$600, great. But there is a big, big forest cropping up if you look beyond those trees. Blockchain technology is very likely to revolutionize the way we....

SolarCoin Foundation (SCF) seeks to make its global Cryptocurrency program that rewards owners of solar power systems the first Blockchain currency wallet in space. It will purchase orbital storage capacity on SpaceBelt storage to provide its customers with an inviolable record of their transactions. Blockchain is already being used to track solar power production across the globe. The satellite network, designed to provide secure storage and transport of sensitive data, is a way to securely store SolarCoin, says Nick Gogerty, SCF founder. Cold storage 40 years plan. In a statement to....

Cold storage is perhaps the safest way to store your bitcoins (or any other cryptocurrencies) since cold wallets are kept offline. Anyone can send money to a cold wallet, but retrieving funds from cold storage isn't possible without physical access to the wallet, making this storage option a lot safer from online hackers. Many people print their private keys on paper, creating a "paper wallet". However, these types of wallets are susceptible to flooding, fires, ink wearing away, and more. Fortunately, CryoBit has created a more elegant solution - the Cryo Card. CryoBit claims to have....

Keeping bitcoins safe is one of the most important responsibilities in the world of digital assets. As the price of bitcoin continues to climb, exchanges and wallet providers become more susceptible to theft. The best way to keep your bitcoins safe is storing them yourself offline in what’s called cold storage. Creating Cold Storage Using a Paper Wallet.....

Interest in hardware wallets allowing cold storage of cryptocurrencies is decreasing among Russian users after this year’s surge that followed the invasion of Ukraine. The sale volumes for these devices have almost halved, according to a report quoting leading marketplaces. Russians’ Demand for Cold Storage Wallets Cools Down After Spike This Spring Retailers selling hardware cryptocurrency wallets in Russia are now overstocked, market participants have told the leading Russian business daily Kommersant. That’s after earlier this year these products saw an....