The cryptocurrency industry is under threat from a lot of different angles. One of the biggest potential problems is to so‐called 51% attack, which can disrupt networks in very quick succession. The year 2018 has been quite successful in this regard, as no less than seven 51% attacks have been performed successfully.
As a follow‐up to last week’s Bitcoinist article on sh*tcoins and Initial Coin Offerings (ICOs), a look at researcher Steven Zheng’s numbers.
At press time, Dogecoin – the currency that started out as a joke and uses a cute little Shiba Inu as its mascot – is trading for about $0.0024. This is about $0.0012 less than where it stood just a few days ago, and the currency is moving down the financial ladder.
YouTube is more than just a source of entertainment. The video streaming platform has evolved into an important vehicle through which people across the globe acquire new information. It is especially popular as a learning tool because people prefer to learn from their peers or those they feel they can….
FOMO Moments Markets have bounced from yesterday’s low, Ethereum, Litecoin, Monero, VeChain recovering. There has been a bounce back from yesterday’s There has been a bounce back from yesterday’s yearly low and markets have regained a little today.
At press time, the father of cryptocurrency is trading for just shy of $6,300. This is a good sign that bitcoin is working to boost itself up the financial ladder, as previously the currency was trading in the $6,100 range.
Stablecoins are the goal of achieving genuinely price‐stable cryptocurrencies that can effectively function as a medium of exchange, store of value, and fungible unit of account.
The year 2018 has not been all that great in terms of overall cryptocurrency market momentum. All of the top currencies are on the decline, yet it would appear the overall interest in these currencies is not on the decline.
Cryptocurrency enthusiasts are all hoping to see their holdings achieve new all‐time highs later this year. Although it is not impossible to reach an new highs, it seems rather unlikely anything will change in the coming weeks.
The value of a cryptocurrency network can be determined by looking at many different aspects. The market cap is the most common way of ranking projects, although a project’s average number of network transactions per 24 hours usually tells a very different story.