Peercoin is a decentralized cryptocurrency that is based on Bitcoin. The main difference between Bitcoin and Peercoin is that Bitcoin uses Proof of Work whereas Peercoin hosts a Proof of Stake system (more details on this later). Peercoin is an innovative altcoin with a bright future. Difference between proof of work and proof of stake Proof…

Bitcoin is the first successful cryptocurrency, rising to prices above one thousand dollars before it settled to the current range of between six hundred and seven hundred dollars. But how is Bitcoin generated? The creators of Bitcoin actually came up with a really smart way. Bitcoin is generated through Bitcoin Mining. Whenever a miner ‘mines’…

Gambling The guilty pleasure that most of us enjoy, but don't want our friends and families to know about. As little as five years ago, the only way to gamble was to go to a casino, and in the US the only casinos were in Las Vegas. That meant you had to spend thousands of dollars…

A successful hard fork The DAO (Distributed Autonomous Organization) was supposed to be an innovative and exciting new organization. The first corporation with NO legal paperwork, where all shareholders have say equal to their share of the company decided by how many DAO tokens they held (think stocks). When the DAO was first released and…

What is STEEM? STEEM is an upcoming and explosive altcoin. Made to incentivize users to use the social media platform steemit, it's the first altcoin that you can get without mining or buying. Steemit rewards it's users with STEEM for creating content, commenting, and up-voting. But STEEM is not like other altcoins. When you participate…

There has been an attack on the DAO! The attacker is currently siphoning the Ether in the DAO into a "child DAO". Simply put, this person saw a weakness in the platform and exploited it thereby emptying about 40 million dollars worth of Ether. The hack was aimed at the re-entrancy problem in the Split DAO…

What is the DAO? In April 2016, there was a launch of a new organizational structure known as a decentralized autonomous organization, also referred to as the DAO. This organization comprises of smart contracts that are incorporated into Ethereum blockchain and it has already raised more than 41 million dollars, making it one of the most…

What Makes Ethereum Unique? Ethereum has received a lot of attention since it was released in early 2014, by Vitalik Buterin. Ever since then, it has gained popularity and as a result, many people are constantly comparing it to Bitcoin. It is crucial for potential investors to know the differences and similarities between Ethereum and Bitcoin. Bitcoin…

The ultimate "internet of money" Dash stands for Digital cash. It is a form of cryptocurrency that is quite popular among millions of people today! It is possibly the first form of digital currency that works similar to a physical currency! Transactions here take place without the wait, just like a normal physical transaction of…