Bitcoin Archives - Trends Tech Blog https://www.trendstechblog.com/tag/bitcoin/ Daily Tech Updates Wed, 27 Apr 2022 05:28:07 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.1 https://www.trendstechblog.com/wp-content/uploads/2020/06/Trends-Tech-Blog-Favicon.png Bitcoin Archives - Trends Tech Blog https://www.trendstechblog.com/tag/bitcoin/ 32 32 DeFi NFT Projects To Watch For In 2022 https://www.trendstechblog.com/defi-nft-projects-to-watch-for-in-2022/ https://www.trendstechblog.com/defi-nft-projects-to-watch-for-in-2022/?noamp=mobile#respond Wed, 27 Apr 2022 05:27:39 +0000 https://www.trendstechblog.com/?p=3352 In the crypto retail arena, digital collectibles are sustainable on the blockchains, known as distributed ledgers, a new form of...

The post DeFi NFT Projects To Watch For In 2022 appeared first on Trends Tech Blog.

]]>
In the crypto retail arena, digital collectibles are sustainable on the blockchains, known as distributed ledgers, a new form of finance. Artists and retailers are interested in the real-value accumulation of virtual artworks and products sold on auction sites while observing the market explode. If there is real-value existence finance, it becomes significant by adding a higher value for collectible items. DeFi (decentralized finance) companies, such as Pulse and Aave, support NFTX and NFTs (nonfungible tokens) as the demand grows. DeFi and NFT are steadily taking over the world in popularity, with some of the top projects embracing decentralized finance and nonfungible tokens.

Here are DeFi NFT projects you should watch in 2022.

Hector Finance Project

Fantom Opera Chain builds use cases within the Hector Finance project’s ecosystem to provide value to their customers. It is a DeFi NFT project, 2022 must watch, while Hector is becoming multi-chain. Proceeds from the use cases are for buying and producing Hector tokens on the exchange.

Nano, for example, began changing the world in the way to make payments in 2015. Founder Colin LeMahieu created Nana by applying innovative technology, block-lattice that functions without mining tokens. Today, OKX lists the Nano price at $2.50 on https://www.okx.com/markets/prices/nano-nano.

Positioning itself as a financial hub, Hector Finance is making transactions more efficient, faster, and simple, listing its native token on exchanges, such as Nano on OKX. You can manage your assets, lend, borrow, launch new projects, and earn interest within the Fantom ecosystem.

Alter State Machine Project

Watch Altered State Machine (ASM), a platform allowing anyone to use its technology for developing or training an artificial intelligent (AI) agent. You can create and sell art within the metaverse world. Represented by nonfungible tokens, they are inter-operable with platforms, such as OpenSea. ASM is changing the game of NFTs by using NPC agents in metaverse trading, gaming, and more.

With the company filing for a patent on its AI ML NFT model, its first game, AIFA Football, will be released soon. Owning their native token, $ASTO, Altered State Machine will use it for governance, training AI agents, minting NFTs, etc. The AIFA 3D characters and yield farming will be complete once protocol V2 is in its final creation stage.

Creaticles Project

Allowing you to make NFTs on a decentralized app platform is Creaticles. It will be the first nonfungible token request marketplace available on the Binance Smart Chain of its kind. Their decentralized platform is an Ethereum cross-chain featured on Binance Smart, Polygon, and other blockchains. You can use Creaticles native token, $CRTL for purchasing stakes or NFTs, and vote in governance elections. Creaticles launched its nonfungible token-drop program and its token distribution in October 2021.

As NFTs become more popular within the metaverse, watch for the Hector Finance, ASM, and Creaticles projects in 2022. Anyone can use the platforms to buy and sell artworks and products and place stakes. If you are into gaming, check out ASM’s AIFA Football.

Also Read: Top Essential Tools For Business Automation

The post DeFi NFT Projects To Watch For In 2022 appeared first on Trends Tech Blog.

]]>
https://www.trendstechblog.com/defi-nft-projects-to-watch-for-in-2022/feed/ 0
How Blockchain Can Change The World In 2022 And Beyond https://www.trendstechblog.com/blockchain-can-change-the-world-in-2022/ https://www.trendstechblog.com/blockchain-can-change-the-world-in-2022/?noamp=mobile#respond Wed, 02 Feb 2022 04:21:13 +0000 https://www.trendstechblog.com/?p=3213 Today’s society is changing at breakneck speed, and the concept of wealth is quickly evolving. One of the changes involves...

The post How Blockchain Can Change The World In 2022 And Beyond appeared first on Trends Tech Blog.

]]>
Today’s society is changing at breakneck speed, and the concept of wealth is quickly evolving. One of the changes involves the adoption of blockchain across many industries. This disruptive form of innovation paves the way for other forms of wealth, including decentralization, privacy, and safety from any third-party intrusion.

Blockchain was once a niche area for bitcoin enthusiasts. However, it is becoming a vital technology in other industries. It plays a crucial role in eliminating all the inefficiencies in supply chain management, financial, business, and even medical systems. Stakeholders see blockchain as one of the most influential innovations that came out of the bitcoin phenomenon, and it’s poised to zoom right into 2022 and beyond.

This article will walk you through how blockchain can transform the world for the better.

What Is Blockchain?

A blockchain is a distributed ledger technology used by all cryptocurrencies. It’s a decentralized system that records and documents all transactions that involve digital transactions. This transaction ledger provides identical copies across all computers that belong to one network. The unique design of distribution supports the security of blockchain technology.

The discovery of blockchain stemmed from the concept of decentralized cryptocurrencies like Bitcoin. During the most recent global financial crisis, Bitcoin’s creation makes blockchain’s existence more crucial to the business, medical, and financial sectors.

How Blockchain Can Change The World

It has been a decade since the creation of bitcoin, but its potential isn’t maximized yet. Competitions such as the BSV Hackathon gather Bitcoin SV and other cryptocurrency developers to come up with technological breakthroughs in the blockchain ecosystem.

The 2021 BSV Hackathon integrates Bitcoin’s innate peer-to-peer functionality in processing high-volume transactions. This competition has spawned creative applications using the BSV blockchain, which have tremendous power to transform the following sectors:

In Healthcare

So much has happened in healthcare, and it is longing for an innovation such as blockchain that can revolutionize it. This industry needs to break free from traditional systems to address various pain points. One challenge, for example, is the inability to access medical records as quickly and efficiently as possible, especially during a healthcare crisis.

A Utah company has designed and employed blockchain technology to make medical records accessible to patients, medical professionals, and health plan providers. This solution allows faster sharing of patients’ medical history across multiple secured systems. The medical data can be accessed and managed using a blockchain-based digital wallet without compromising the information’s integrity.

Other applications of blockchain technology in health care include the following:

  • Patient consent management
  • Improved clinical trials
  • Prescription tracing
  • EHRs or Electonic Health Records

In The Financial Sector

Blockchain platforms can help reinvent the financial and economic sectors globally. Several central banks worldwide are developing digital currencies and drafting monetary policy tools to make way for the payment paradigm shift. Some companies have started to accept payments on blockchain since it promotes security, transparency, and scalability- a win-win situation for all parties involved.

Blockchain-powered financial applications can secure, automate, and operate an efficient system for the banking and finance sector. It can also digitize securities and optimize costs while running on a streamlined process. Blockchain technology can also reduce or eliminate fees and other charges associated with traditional banking.

Other uses of blockchain technology are in the following areas:

  • Payments and transactions
  • Investment management
  • Trade finance
  • Insurance

In Real Estate

Real estate may be a vast and lucrative sector, but transactions are usually slow. Blockchain offers solutions to address poor efficiency and unnecessary paperwork. These include real-time payment settlements, digital registries, tokenization, and automated buy and sell processes.

Real estate professionals can also use blockchain in the following areas:

  • Real-time accounting
  • Tenant identity
  • Leasing and payments
  • Land titles and deed records

The Powerful Effect Of Blockchain Across All Industries

  • Faster Transactions

Imagine if you’re in an emergency and someone sends you money, but you can’t access it instantly. Blockchain technology aims to alleviate the frustration of waiting during money transfers. Banks are now adopting digital tokens for money transfers involving large amounts.

  • More Streamlined Workflow

Companies are always exploring ways to streamline and automate workflows to cope with today’s fast-paced environment. For example, the Bitcoin SV Hackathon Success Story: Kyrt created a data platform that allows Bitcoin to integrate into workflows without coding. It also provided an API and dashboard to index their on-chain information, manage their costs, and view their automation.

  • A New Way To Earn

Bitcoin mining has opened doors for developers to earn a substantial amount through miners fees. The margins from these incentives can vary depending on the locality, electricity rates, the applicable crypto taxes, and mining hardware used. While earning through transaction fees seems pretty straightforward, many factors come into play, such as choosing the most reliable mining pool.

  • A More Efficient Transportation System

Transportation is a crucial piece of the economic growth puzzle. If one part malfunctions, the whole system bogs down—products aren’t delivered or the supply chain breaks. Blockchain platforms can track the condition, time, and date of deliveries. This system, in turn, avoids charges for damaged products or delivery delays.

  • Supply Chain Provenance

Thousands of products are manufactured, sold, and delivered every day. In between those steps, mishaps are likely to happen. These errors can affect the efficiency of the manufacturing and retail process, leading to losses. Blockchain technology can solve these problems by providing a more transparent and foolproof tracking of products within the supply chain.

Blockchain Is Here To Stay

Some people believe that blockchain may not be enough to steer the world away from traditional systems. However, recent events have increased the demand for faster and more streamlined transactions that blockchain-powered applications can provide.

The significant number of participants and successful ideas in the BSV Hackathon proves no limit to blockchain technology. It’s all about making people’s lives better and providing a solution to age-old problems.

Blockchain has a widely significant effect on almost all industries across the world. An innovative disruption in one industry can cause a ripple effect on other sectors. In the right hands, blockchain can improve lives where technology and humanity go hand in hand.

Also Read: What Are The Functionalities Of A Virtual Private Network

The post How Blockchain Can Change The World In 2022 And Beyond appeared first on Trends Tech Blog.

]]>
https://www.trendstechblog.com/blockchain-can-change-the-world-in-2022/feed/ 0
The Ideal Platform To Buy Bitcoins https://www.trendstechblog.com/buy-bitcoins/ https://www.trendstechblog.com/buy-bitcoins/?noamp=mobile#respond Tue, 12 Oct 2021 03:46:51 +0000 https://www.trendstechblog.com/?p=3005 Bitcoin has been talked about a lot in recent years, but it’s only the beginning. This article will give you...

The post The Ideal Platform To Buy Bitcoins appeared first on Trends Tech Blog.

]]>
Bitcoin has been talked about a lot in recent years, but it’s only the beginning. This article will give you an overview of how to invest in bitcoin and profit from its growth in the future. Do you want to take advantage of the rise in Bitcoin prices? To start investing your money in bitcoin, you need a place where you can buy them. Immediate edge is the ideal platform for investing in cryptocurrencies securely.

  • Bitcoin Trading Is A Good Way To Make A Lot Of Money In A Short Time
  • This investment, if not done correctly, can be risky
  • It is possible to get bitcoins without going through a platform, but this process is technical and risky
  • There are many platforms to buy Bitcoin, but the safest is Immediate edge

Bitcoin A Cryptocurrency Of The Future

Bitcoin is a cryptocurrency. Over time, it has grown in popularity and is today one of the most profitable investments. So much so that many investors consider it a better investment than stocks on the stock market.

Why Invest In Bitcoin

There are several reasons for the popularity of Bitcoin. Among the main ones we can mention:

  • Bitcoin enjoys a rapid rise in prices
  • It’s a new way of investing
  • It allows for diversification of your investments

A Rapid Increase In Prices

Its low value causes its price to increase faster than other currencies. The returns on investment are therefore much more significant. The prices of crypto-currencies vary, but that of bitcoin remains stable. If it can happen at times that it falls, there is a good chance that it will start to rise again by waiting for a little.

A New Way Of Investing

Bitcoin is starting to be indeed recognized as a currency in its own right. It can therefore be used to invest in different markets such as stocks or commodities (gold).

Diversify Your Investments

Investing your money in bitcoins allows you to diversify your investments and protect yourself against the inflation that affects centralized currencies.

Where Can I Buy Bitcoin?

Bitcoin is still poorly perceived by banks, and the latter does not offer to invest in cryptocurrency. To obtain bitcoins, it is, therefore, necessary to go through specialized platforms. Be careful, however, to choose them well to avoid scams:

  • The most secure and recommended platform is Immediate edge: it allows you to buy bitcoin quickly (with a credit card) without having to worry about the safety of your money.
  • Bitcoin investment platforms offer similar services but higher transaction fees than when buying directly from a stock exchange or bank account.
  • If you only invest in cryptocurrencies occasionally, these fees will not be too high for you. But if you are investing large sums, we recommend using exchanges rather than specialized platforms, as they are cheaper.

Are There Other Options For Getting Bitcoin

Yes, you can also “mine” bitcoin yourself by installing software on your computer that uses CPU power and mining capabilities. This solution requires particular expertise and time investments, so it is best to leave it to professionals who benefit from their experience and resources.

Why Choose Immediate Edge Over Other Cryptocurrency Investment Platforms

Immediate edge is a platform where you can buy bitcoins with any currency (euros, dollars, etc.). It allows rapid results to be obtained. Its powerful algorithms and ease of use make it one of the best platforms to buy bitcoin on. In summary, Immediate edge is:

  • Powerful algorithms
  • Ease of use (both on the phone and the computer)
  • Fast results

So you won’t have to wait too long to see your investment grow!

  • Investing in cryptocurrency can be highly profitable
  • I prefer to invest in secure trading platforms
  • Diversify your investments to limit risks

Also Read: Everything You Need To Know About Microsoft Azure

The post The Ideal Platform To Buy Bitcoins appeared first on Trends Tech Blog.

]]>
https://www.trendstechblog.com/buy-bitcoins/feed/ 0
An Overview Of The History Of Bitcoin https://www.trendstechblog.com/overview-of-the-history-of-bitcoin/ https://www.trendstechblog.com/overview-of-the-history-of-bitcoin/?noamp=mobile#respond Wed, 01 Sep 2021 09:36:23 +0000 https://www.trendstechblog.com/?p=2852 Bitcoin has had tremendous growth in value. In 2010, the cryptocurrency’s price jumped from around $0.0008 to $0.08. However, it...

The post An Overview Of The History Of Bitcoin appeared first on Trends Tech Blog.

]]>
Bitcoin has had tremendous growth in value. In 2010, the cryptocurrency’s price jumped from around $0.0008 to $0.08. However, it has also undergone several crashes, making it one of the most volatile assets in the trading space. But before we dive deeper into the history of bitcoin, let us first have a brief introduction to cryptocurrency.

An Introduction To Cryptocurrency

Cryptocurrency is digital money that can be traded online for goods or services. Since it’s digital, there’s no paper money that you can hold on to or store in your wallet. You can buy cryptocurrencies from brokers using fiat money, or you can mine them.

Blockchain—the technology behind cryptocurrencies—is a virtual ledger spread across computers, which manage and record transactions. As opposed to a centralized banking system, there is no single entity that regulates cryptocurrencies.

A record of transactions is available on a public ledger that anyone on Bitcoin’s peer-to-peer network can see. Each time a transaction is made, the record for that transaction creates a block. The continuous addition of blocks creates a chain, which is why it’s called a blockchain.

Cryptocurrencies can serve a broad range of functions. You can use them to send and receive payments, invest in tech startups, and even convert them into local currency during your travels.

What makes crypto attractive to people who use them is the level of security that blockchain technology offers. This is possible since owners of cryptocurrencies will have to verify their ownership using private keys. Blockchain also keeps transactions secure through encryption techniques like hashing.

When Did Bitcoin Begin?

The idea behind Bitcoin is courtesy of Satoshi Nakamoto, a pseudonym for Craig White. On Oct. 31, 2008, Nakamoto gave the world a preview of Bitcoin by posting a message on “Bitcoin P2P e-cash paper,” a mailing list devoted to cryptography. Nakamoto’s message included a link to a white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.”

Nakamoto’s vision for Bitcoin was to be an alternative to traditional currencies. Bitcoin is decentralized, meaning transactions are not bank-regulated. Bitcoin owners can directly send their coins to others via the Bitcoin network, without having to go through an intermediary bank.

By Jan. 3, 2009, the genesis block—the first block to be ever mined—signaled the launch of Bitcoin, although Bitcoin had no real-world price value then.

Miners – computers that verify the legitimacy and accuracy of previous bitcoin transactions or which solve complex math problems to get rewards in the form of new bitcoins – used their Bitcoin assets to trade them among themselves.

On May 22, 2010, the first transaction that gave Bitcoin monetary value took place. Someone who ordered pizzas worth $25 paid for them using 10,000 bitcoins.

Bitcoin Keeps Getting Bigger

At the moment, the Bitcoin market is worth hundreds of billions of dollars. The pioneer in cryptocurrency is going stronger and enjoying mainstream attention with the financial sector and many other industries like travel, education, retail, gaming, and a whole lot more accepting Bitcoin as a mode of payment. Countries that allow the use of Bitcoin include developed nations like Canada, the U.K., and the United States. With more than 10 years of existence and a market cap that keeps growing, Bitcoin is arguably the next best thing to own and invest in.

Also Read: Business Backup Professional Backup Software

The post An Overview Of The History Of Bitcoin appeared first on Trends Tech Blog.

]]>
https://www.trendstechblog.com/overview-of-the-history-of-bitcoin/feed/ 0
Blockchain Technology Behind Cryptocurrency https://www.trendstechblog.com/cryptocurrency/ https://www.trendstechblog.com/cryptocurrency/?noamp=mobile#respond Tue, 08 Jun 2021 11:43:15 +0000 https://www.trendstechblog.com/?p=2639 Cryptocurrency is now used by a large audience, which ranges from investors and online gamers to celebrities. Due to their...

The post Blockchain Technology Behind Cryptocurrency appeared first on Trends Tech Blog.

]]>
Cryptocurrency is now used by a large audience, which ranges from investors and online gamers to celebrities. Due to their decentralized nature, virtual currencies continue to gain momentum, and new cryptocurrencies appear every day. This abundance of cryptocurrency proves the success of Blockchain, the name of the technology that supports most cryptos.

The first Blockchain was made public in 2009 with Bitcoin. Since then, this technology has been widely exploited to launch other digital currencies, but it also offers possibilities for use in many different industries (healthcare, retail, etc.). But how does Blockchain technology work? The essentials to know about cryptocurrency and Blockchain cryptocurrency and Blockchain technology are intrinsically linked concepts.

The Principle Of Cryptocurrency

Use virtual currency! The idea might have seemed hilarious, if not unreasonable, too many of us before January 12, 2009. But on that date, an individual calling himself Satoshi Nakamoto created Bitcoin: the first dematerialized currency. The inventor’s goal is to market money that is entirely independent of states and central banks.

Cryptocurrency is presented as an alternative to traditional currencies. It only works via the Internet and allows you to exchange money online. One of the characteristics of virtual currency is that it is decentralized. Therefore, there are no institutions that control it, unlike conventional currencies. Cryptocurrency is used through tokens (virtual tokens).

Blockchain Technology

The functioning of cryptocurrency depends on Blockchain technology. Remember that the latter was also created in 2008, a year before the appearance of Bitcoin, by the same unknown genius. If you use virtual currencies or plan to do so, take an interest in Blockchain related news. Indeed, the more information you have about this technology, the better you can follow cryptocurrency trends.

A Blockchain is a chain of blocks. It is a technology rooted in peer-to-peer (peer-to-peer), that is to say, a public network in which each entity is as much a client as a server. The web is not centralized. Anyone can use it freely. Furthermore, Blockchain and cryptocurrency are interdependent. It is the Blockchain that validates transactions made in virtual currencies.

However, it cannot function without the use of tokens. To validate transactions, members of the peer-to-peer network compete. These are the miners. Each time a transaction is completed, the miner who made it possible is rewarded with transaction fees. Note that miners can also be rewarded when they discover a new crypto unit by solving complex equations using algorithms.

Blockchain Technology And Cryptocurrencies How It Works

Blockchain technology is deployed through applications. The mode of implementation varies from one application to another.

Wallet

The blocks of the Blockchain each contain several transactions. They are part of the Blockchain through the nodes of the network.

  • An index
  • A hash to identify it
  • The hash of the previous block
  • A timestamp
  • A series of transactions

To connect to a Blockchain and add a new block to it, you have to use a wallet, the software, or the client application that allows you to constitute a Blockchain node. With your wallet, you can synchronize the Blockchain on your connected device.

The technology is decentralized, the Blockchain storage is done everywhere, and each node of the network has a copy. The user has a private key and a public key for his operations. This is called asymmetric cryptography. As for the private key, it is confidential and guarantees the security of the exchanges.

Transaction

When you use a wallet to send tokens to a person, the transaction is sent to the Blockchain. Then, it goes on, waiting for validation. The minors then activate themselves to check the history of the exchanges. Then, using algorithmic techniques, they make sure that the user does have the money they intend to transfer. Finally, the consensus is around the miner who provided the most computing power to determine the new block’s hash.

The hash is the signature of a new block obtained by hashing (a mathematical function allowing converting a series of characters of any length into a string of fixed length characters). When there is a new consensus, the new block is then integrated into the Blockchain. The minor then obtains his remuneration. In addition, his wallet is credited with recently manipulated crypto tokens.

Also Read: How To Improve The Computer System Business

The post Blockchain Technology Behind Cryptocurrency appeared first on Trends Tech Blog.

]]>
https://www.trendstechblog.com/cryptocurrency/feed/ 0
How To Buy Bitcoin With A Credit Cards https://www.trendstechblog.com/bitcoin-credit-cards/ https://www.trendstechblog.com/bitcoin-credit-cards/?noamp=mobile#respond Sun, 11 Apr 2021 05:22:26 +0000 https://www.trendstechblog.com/?p=2377 In recent years, purchasing BTC with credit cards and debit cards has not been at all a smooth process. But...

The post How To Buy Bitcoin With A Credit Cards appeared first on Trends Tech Blog.

]]>
In recent years, purchasing BTC with credit cards and debit cards has not been at all a smooth process. But thanks to crypto platforms such as NakitCoins.com, people can now buy Bitcoin with a credit card easily. NakitCoins’ partnership with Simplex has allowed the leading Turkish crypto dealer to offer BTC for sale at the most competitive prices. Simplex has made it a reality for investors to easily buy and send Bitcoin from NakitCoins using a bank transfer or credit cards.

How Do You Buy Bitcoin With A Credit Card On NakitCoins?

  • Can I buy bitcoin with a credit card? The good news is that NakitCoins provides a secure platform for investors to buy cryptos such as Litecoin, Bitcoin, and Ethereum, even in higher volumes.
  • You can trade up to 20,000 euros or dollars per day, and up to 50,000 dollars or euros per month per credit card.
  • What’s more, there is absolutely no need for you to worry about rigorous sign-up procedures.
  • NakitCoins don’t usually require you to create an account. However, at the checkout stage, you may have to go through a simplified KYC verification.
  • Try to keep a copy of your identity documents in your phone so that you can easily upload them for verification before you proceed to buy Bitcoin with a credit card.
  • For credit card transactions, Simplex (NakitCoins partner) charges an 8% flat fee depending on the market price with a minimum fee of 10 USD.

Buy Bitcoin With Credit Card: The Pros & Cons

It can be risky to buy Bitcoin with a credit card, so always make it a point to research your chosen crypto brokers before you sign up to buy BTC on their platforms.

Untrusted exchanges can steal your confidential credit card data and use it without your consent. On the other hand, a trusted exchange such as NakitCoins helps you buy Bitcoin with credit card safely.

Some buyers incur cash advance fees, so be sure to find out how your credit card company handles crypto-related transactions.

One advantage of buying Bitcoin with a credit card is that the transaction is relatively easy and pretty fast. Since many people are familiar with shopping online with credit cards and debit cards, they find it less technical to purchase Bitcoins with their card.

As for the cons, some exchanges make it hard to carry out large volume BTC-Credit-Card transactions. Comparatively, a bank transfer is usually a better way to buy a large number of bitcoins at lower fees.

Alternative Exchanges To Buy Bitcoin With Credit Card

Besides NakitCoins, the Coinbase and Coinmama exchanges also allow users to buy and send Bitcoin faster with credit cards. You will need to own a Bitcoin wallet since some exchanges require you to have one before you can send Bitcoin with a credit card.

Coinmama

This US-based popular BTC broker specializes in offering BTC purchases with debit and credit cards. Transaction fees hover around 4.9% to 5.9% due to processing fees and the high-risk nature of credit transactions.

With Coinmama, you can buy Bitcoin with a credit card (as high as $5,000 per day), and up to $20,000 monthly. Users who have fully verified their accounts can receive and send Bitcoin instantly.

Also Read: What Is SEO Scraping?

The post How To Buy Bitcoin With A Credit Cards appeared first on Trends Tech Blog.

]]>
https://www.trendstechblog.com/bitcoin-credit-cards/feed/ 0
How Long Does It Take To Convert EOS To BTC And Is EOS A Good Investment? https://www.trendstechblog.com/eos-to-btc/ https://www.trendstechblog.com/eos-to-btc/?noamp=mobile#respond Wed, 10 Feb 2021 05:14:05 +0000 https://www.trendstechblog.com/?p=2052 With Bitcoin hitting new ceilings these days, more and more crypto projects get in the focus of the investors and...

The post How Long Does It Take To Convert EOS To BTC And Is EOS A Good Investment? appeared first on Trends Tech Blog.

]]>
With Bitcoin hitting new ceilings these days, more and more crypto projects get in the focus of the investors and special attention is paid to projects with perspective technologies behind them. EOS is one of such technological projects. In this small review, we’ll discuss what is EOS and how long does it take to convert it to other cryptos, especially BTC.

What Is EOS And why It’s A Worthy Investment?

EOS is built on Etherium and its main purpose to overcome some of the problems of the blockchain, related to its flexibility and technological development. The goal of EOS.io is rather straightforward — to make it easy for builders or programmers to work with D Apps utilizing blockchain technology. You can think of the EOS.io as Windows operational system, whilst the EOS money represents a stake in the network and makes it viable for users to work with their programs.

Developers on EOS equip the platform with various educational resources and simple UI to make it favorable for many users. EOS also works on the extension of blockchain technologies to different corporate infrastructure.
To summarize all the above, EOS is one of the revolutionary crypto projects due to several reasons:

  • Improves the scalability of the blockchain plus makes it speedier
  • Works both in public and private networks and is customizable for business needs
  • Provides user-friendly experience

A lot of investors look for such a solution and the role of EOS is to meet their requirements.

How To Trade EOS For Other Cryptos And When To Do It?

You have to understand that buying EOS is not as easy as for any other cryptocurrencies because you can’t purchase it directly with fiat money. The first step is to buy Etherium and only at the next step exchange it for EOS. Once you’ve got your EOS you can either store it in your crypto wallet or trade at the crypto exchange. If you’re a trader and want to make a profit on EOS you’re likely to sell it during the spikes and buy when it’s low in price.

As long as Bitcoin will guide the bullish market, it is not likely that EOS price will ever go up. It means that it’s probably not the best moment for selling eos. It’s worth waiting until the period when Bitcoin reaches its peak and the time for eos will come. Until that moment you can keep money in bitcoin. In most cases, the money flows from bitcoin to altcoin when it demonstrates impressive growth and eos is likely to be among bluechip coins that will follow this trend.

Different Investment Scenarios And EOS Price Predictions

From the other side, if you are an experienced trader you can speculate on the btc fluctuations these days and convert eos to btc once the exchange rate is favorable. You can do this at any crypto exchange you prefer. When the market is so volatile as these days it’s really hard to predict eos price. The most likely scenario is that eos will go through several price hikes being followed by a much longer period of price stability with limited trading volumes.

In the long term period, nobody knows whether eos will survive the market competition as many new projects appear, but it’s quite possible that you can gain your profits if you keep an eye on its price in 2021. EOS will likely follow the existing crypto rally, but once it gets to an end the price drop is inevitable. Therefore, do not miss the opportunity and consider the latest expert predictions and technical analysis to make the right trading decisions.

Also Read: Top Five Digital Marketing Trends That Will Fuel Your Branding In 2021

The post How Long Does It Take To Convert EOS To BTC And Is EOS A Good Investment? appeared first on Trends Tech Blog.

]]>
https://www.trendstechblog.com/eos-to-btc/feed/ 0
Earning Tips From xCoins https://www.trendstechblog.com/earning-tips-from-xcoins/ https://www.trendstechblog.com/earning-tips-from-xcoins/?noamp=mobile#respond Thu, 04 Feb 2021 07:35:15 +0000 https://www.trendstechblog.com/?p=2025 With the conception of Bitcoin in 2008, cryptocurrency has been used to verify, transfer, and withdraw payments online. Transactions began...

The post Earning Tips From xCoins appeared first on Trends Tech Blog.

]]>
With the conception of Bitcoin in 2008, cryptocurrency has been used to verify, transfer, and withdraw payments online. Transactions began moving at the speed of a few clicks on a keyboard. Those who were engaging in online commerce were keen to be able to make direct transactions without the use of a middle-man. The go-between did the job but came with some downsides. But a direct transaction by Bitcoin meant that there were no fees involved. It was merely one entity crediting another.

Where It Is Now

Since the time that Bitcoin was available, its popularity and use have been growing steadily. It has become a new type of market. Now many are exchanging their country’s paper currency into digital, global credits to buy and sell online. Bitcoin is now widely seen as an investment option as well.

The Bitcoin In Your Wallet

Whether it be for making online purchases or investing in the value of the Bitcoin market, ownership of your cryptocurrency can be more lucrative if the value is not simply setting in your digital wallet. As with paper money, you wouldn’t want to store it in a jar under your mattress. Likewise, the bitcoin in your digital wallet is not doing all it could on your behalf.

Following are some earning tips from xCoins:

Investing In Bitcoin

One way to earn money in cryptocurrencies works just like investing in stocks. The shares are purchased with the hopes that the value will increase over time. The difference between the initial investment and the current value is potential profit or earnings. It is only “potential” because the profit is only realized if the bitcoin is cashed out at a higher rate. The increase or decrease in the value does not actualize as long as the bitcoin is held, only when it is transferred out of the bitcoin market.

Cryptocurrency Mining

One of the key features of cryptocurrencies is that the transactions are digitally recorded in multiple places. This provides a level of security in protecting buyers and sellers using the digital currency against any disputes, loss of a single entity record, or verification of completed transactions. As the transaction is held in multiple online databanks, there is a constant need for server support for mining that data.

Data mining is not an option that the average bitcoin holder can logistically afford to participate in but for some, the payoff of allowing the system to use servers to store data can result in bitcoin payment. The value of the holder’s Bitcoin balance is increased creating a profit for essentially borrowing space on their hardware.

Lending Market

As more and more enterprises began appreciating the security of cryptocurrencies, the marketplace began to see the need to offer the option of borrowing the Bitcoin for a temporary need or one-time purchase. This opened up the possibility for Bitcoin owners to offer the use of their digital funds to others for a fee. If there is a balance just sitting in a digital wallet without any specific or immediate planned use, the owner of the cryptocurrency can offer it up and pocket a profit for their efforts.

What Is xCoin?

As with traditional currency, there are always those who need the use of money that they do not yet have. The natural consequence, if they prove trustworthy, is to borrow from someone who currently has but does not need their money. Traditional lending happens in banking institutions. As a result of the service, the lender will allow their funds to be borrowed, used, and repaid by the borrower for a fee. The symbiotic relationship proves mutually beneficial. This lending process is echoed digitally at xCoins. Here, borrowers and lenders meet to engage in the process of lending. Again, it’s a mutually beneficial agreement where xCoins provides the service of introducing those who need the bitcoins to those who have the Bitcoins, holding the Bitcoins on behalf of each, and vetting the borrowers.

To Buy OR To Borrow

Why would someone prefer to borrow Bitcoin instead of just buying their own? There are two main reasons why xCoins is a necessity in the digital marketplace.

First, the purchasing of Bitcoins is not a quick or easy process. Often, a trade of paper value to Bitcoin will take between 1 and 2 days. So, if there becomes a compelling need to have Bitcoin that intends to be used right now, it’s not going to happen if you currently have $0.00 in your digital wallet. Speaking of digital wallets, these are a necessity. So, for a new owner of cryptocurrency, this is an added expense.

Second, once someone has already established their wallet and put some Bitcoins in it, they may not want to go through the process of exchanging back to paper money immediately. There may be unfavorable rates of exchange or they may want to maintain a balance in their digital wallet for use at a later time. Instead of just sitting there collecting digital dust, that Bitcoin could be earning profit for its owner. This is where xCoins comes in. The Bitcoin owners have the option of lending out the digital funds to others in exchange for a lending fee. This lending fee is all profit.

How Does It Work

The purpose of xCoins is to create an online lending marketplace. By joining together lenders and borrowers, xCoins provides the opportunity for Bitcoin owners to earn. Lenders have the flexibility of setting their preferred fee for the use of borrowing their digital currency. Borrows may choose which loan terms right for them and initial the loan. As the platform for the lending arrangement, xCoins will hold all available Bitcoin that is available for lending. When the borrower initiates a loan by accepting the terms requested by the lender, the borrower will transfer in their traditional currency using their preferred payment method and then have access to the bitcoin. When the loan is repaid, the lender will have the bitcoin returned as well as the value of interest that the borrower agreed to.

Make The Bitcoin Make the Money

Among the various ways to earn money, some involve more time and risk than others. It’s important to evaluate the options and find a method, or methods, that are comfortable. But certainly, if you already have Bitcoin and you don’t have an immediate plan for it, not using it to increase your holdings is akin to losing potential earnings.

Also Read: Five Things That Every Small And Medium-Sized Business Owner Should Know About Cyber Insurance

The post Earning Tips From xCoins appeared first on Trends Tech Blog.

]]>
https://www.trendstechblog.com/earning-tips-from-xcoins/feed/ 0
Importance Of Blockchain Is A Natural Auditing System https://www.trendstechblog.com/blockchain-is-a-natural-auditing-system/ https://www.trendstechblog.com/blockchain-is-a-natural-auditing-system/?noamp=mobile#respond Mon, 17 Aug 2020 10:01:15 +0000 https://www.trendstechblog.com/?p=1278 Decentralized virtual currencies are developed on a base technology called Blockchain. This is a mechanism that prevents the double use...

The post Importance Of Blockchain Is A Natural Auditing System appeared first on Trends Tech Blog.

]]>
Decentralized virtual currencies are developed on a base technology called Blockchain. This is a mechanism that prevents the double use of coins that are, at heart, electronic data, so if used correctly, security is guaranteed. Although there are some technical issues with Blockchain, improvements are constantly progressing.

Bitcoin and Ethereum, which could be considered the precursors of decentralized virtual currencies, are not managed by operators but by a coding program called Blockchain. It is designed to work correctly even if there is no operator in the center, and the value expressed as currency cannot be used twice and only the person who has the private key can move the currency. BitcoinEvolution is the best software for Bitcoin trading.

Virtual Currency Trading

Also, the important thing about securely managing virtual currencies is a technology called multiple signatures, or “multi-sig”, in which the value cannot be transferred unless you have two or more keys. To use Bitcoin, install a virtual wallet software on your smartphone, but only the private key will be there. The unused UTXO balance is recorded by computers called nodes, which are distributed all over the world.

There are about 11,000 nodes in the world that share all transaction records. On the other hand, the value of the coin can be transferred if you obtain the private key, so you could be the target of cyberattacks. Since it is very difficult to protect a machine in a general environment from a professional cyber attack, the use of multi-sig technology is an advanced defense.

In general, when you open an account with a virtual currency exchange service, it sets up a web wallet and displays the Bitcoin address and keeps a record of your transaction history. This allows users to check if the transactions they have made are correct, and multisig guarantees the security of private keys that, without this technology, would not be protected.

However, more recently, instead of using multisig to give users Bitcoin addresses, exchange services tend to set up collective accounts for clients and operate them as exchange account transactions. Although it is efficient for exchange, users cannot see the transactions they have requested on the Blockchain corresponding to their private keys.

Blockchain Is A Natural Auditing System

Even if the audit firm does not investigate anything afterward, the audit ends when the transaction is made on the Blockchain. The multi-sig mentioned here is an example of Blockchain technology, but there are other proposals to improve security. It can be said that the aforementioned tragedy is caused by the fact that the upgrade should be used, but it is not.

It is said that by developing an economic and social platform using Blockchain, an autonomous smart economy will be created that minimizes human participation. This is called the Blockchain economy.
The decentralized public cryptocurrency Blockchain is designed so that once it starts, no one can change it. It is an engine, or a chronicle, that operates according to the rules but without human intervention, do you think that it is fine to handle the part of the payment service as such.

It is expected that the platform that provides the Blockchain-based service will not exist independently of the front-line payment services, but it will be extended as an integral part. This is because although there are no referees in the middle, that is, people who do not know they are, they carry out economic activities according to their contracts.

During the first half of the year, virtual currencies became a popular topic due to their increasing diffusion. There are various types, such as Bitcoin, Ethereum, and Ripple, and the volume of distribution keeps increasing. In 2017, the first billionaire emerged to earn incredible wealth by investing in virtual currencies.

Also Read: New Security Concept For SD-WAN

The post Importance Of Blockchain Is A Natural Auditing System appeared first on Trends Tech Blog.

]]>
https://www.trendstechblog.com/blockchain-is-a-natural-auditing-system/feed/ 0
How To Trade The Using Bitcoin https://www.trendstechblog.com/how-to-trade-the-using-bitcoin/ https://www.trendstechblog.com/how-to-trade-the-using-bitcoin/?noamp=mobile#respond Mon, 20 Jul 2020 10:03:33 +0000 https://www.trendstechblog.com/?p=1158 If the health crisis has shown that bitcoin has all the necessary capacity to become a haven like gold in...

The post How To Trade The Using Bitcoin appeared first on Trends Tech Blog.

]]>
If the health crisis has shown that bitcoin has all the necessary capacity to become a haven like gold in the not too distant future, it remains above all an object of speculation, perfect for investors tempted by the taste of the game. Moreover, as soon as it appeared in the economic landscape in 2008, the creator (s) already asserted it as an alternative to the large financial institutions whose trust capital had been shaken by the crisis.

There remains the question of how to trade using bitcoin. Many blogs and other forums deal with this issue and all agree on one point. It is essential to use the services of a specialized platform offering all the necessary security guarantees. Indeed, scams exist in this still young environment and it is therefore essential to know who you are dealing with before embarking on cryptocurrency trading. Explanations.

Bitcoin Trader, An Essential Tool For A Successful Investment In Cryptocurrencies

The wrapped bitcoin review trader platform is one of the most popular tools for online cryptocurrency trading. Not content with offering free registration, the developers pride themselves on only taking 1% of user earnings thanks to the confidence they have in their algorithm. This particularity is coupled with total transparency. No hidden costs or additional costs are to be expected and the platform also offers quality support.

Indeed, if bitcoin traders are also appreciated by investors who seek to trade using bitcoin, it is because its operation is based on the gradual involvement of the beginner user. They can first open a demo account to familiarize themselves with the functionality of the bitcoin trader. Once mastered, they can be put to good use in a live account that will begin to generate automated profits.

A Safe And Guaranteed Trading Platform

Bitcoin traders are popular with those looking to trade using bitcoin as it greatly simplifies the user’s daily task. Completely automated, it allows you to devote only a few minutes a day to trading crypto-currencies. The user can indeed configure various actions such as the daily amount to be committed, the expected income or the maximum amount to be committed in a transaction.

Deposits and withdrawals are further facilitated by a simple and very fast operation. Most withdrawal requests are processed within a few hours, where other robots often impose a delay of several days. At the same time, efficient customer service is constantly available to users who want to know more about how the platform works. By email or live chat, you can send your questions and receive an almost instant answer.

Our Advice For Trading Using Bitcoin

To trade using bitcoin, it is important to have in mind a few characteristics of this cryptocurrency. First of all, note that its price is regulated by supply and demand in real-time, but that certain regulations can also influence it. Be proactive and find out regularly about the latest news about him on blogs and specialized forums which are veritable mines of information.

It is also important to follow the general press because the media also influence the value of bitcoin. Certain cases can make its course go down while the news of a good operation can on the contrary make it soar. Finally, be sure to follow the developments in technology, especially in the blockchain. It is indeed the very basis of the structure of crypto-currencies and it can have a great influence on their evolution.

Also Read: How To Do The Video Marketing And It’s Advantages

The post How To Trade The Using Bitcoin appeared first on Trends Tech Blog.

]]>
https://www.trendstechblog.com/how-to-trade-the-using-bitcoin/feed/ 0