admin – Page 5 – The Value 🏆 Digital World

Bitcoin: A Peer-to-Peer Electronic Cash System

17/12/201707/02/2022 admin

Bitcoin: A Peer-to-Peer Electronic Cash System Abstract A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed…

How Can I Buy Bitcoins?

16/12/201707/02/2022 admin

How Can I Buy Bitcoins? The most common way to buy the currency is to download a broker app such as Coinbase and Blockchain. These allow users to use a credit or debit card to exchange pounds for Bitcoin. Users do not have to buy whole Bitcoins and can purchase a small percentage that matches the value of their cash investment. Once a request has been made, online “miners” will decide whether to approve the transaction. If approved, the money will be taken from a user’s account in exchange for…

Diamond

14/12/201724/02/2024 admin

What Is A Diamond? The word Diamond comes from the Greek word Adamas, which means indestructible. It is the only gem known to man that is made of a single element, Carbon, besides graphite. Diamond is completely made of Carbon atoms (Chemical Composition – C) crystallized in a cubic (isometric) arrangement. How and where are diamonds formed? Diamonds form between 120-200 kilometers or 75-120 miles below the earth’s surface. According to geologists the first delivery of diamonds was somewhere around 2.5 billion years ago and the most recent was 45…

Gold

14/12/201707/02/2022 admin

Gold is a chemical element with symbol Au (from Latin: aurum) and atomic number 79. In its purest form, it is a bright, slightly reddish yellow, dense, soft, malleable, and ductile metal. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions. Gold often occurs in free elemental (native) form, as nuggets or grains, in rocks, in veins, and in alluvial deposits. It occurs in a solid solution series with the native element silver…

Euro

13/12/201707/02/2022 admin

The euro (sign: €; code: EUR) is the official currency of the European Union. Currently 19 of 28 member states use the euro (eurozone). It is the second most traded currency in the foreign exchange market after the United States dollar. The euro is subdivided into 100 cents (defined as eurocent). The currency is also officially used by the institutions of the European Union and four other European countries, as well as unilaterally by two others, and is consequently used daily by some 337 million Europeans as of 2015. Outside…

United States dollar $ USD

13/12/201707/02/2022 admin

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its insular territories per the United States Constitution. For most practical purposes, it is divided into 100 smaller cent (¢) units, but officially it can be divided into 1000 mills (₥). The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars (12 U.S.C. § 418). Since the suspension in 1971 of convertibility of…

Differences between cryptocurrency coins and tokens

12/12/201707/02/2022 admin

This article explores the subtle differences between cryptocurrency coins and tokens, and why the term “cryptocurrency” is a misnomer. Cryptocurrencies can be extremely hard to wrap our heads around, especially since their underlying technology – the Blockchain – is shrouded in computing language and terminology that is technical in nature. This is a huge impediment to many who are interested in the crypto space. But do not worry! We’ll guide you in understanding key cryptocurrency concepts that is great for you to know. What are Cryptocurrencies? Let’s start with understanding…

Bitcoin

11/12/201707/02/2022 admin

Bitcoin – the initial virtual banking currency of the internet – has existed for several years now and many people have questions about them. Where do they come from? Are they legal? Where can you get them? Why did they split into Bitcoin and Bitcoin Cash? Here are the basics you need to know. Cryptocurrency Defined Cryptocurrencies are just lines of computer code that hold monetary value. Those lines of code are created by electricity and high-performance computers. Cryptocurrency is also known as digital currency. Either way, it is a…

Bitcoin White BTW

11/12/201707/02/2022 admin

ICO may become essentially new way of your business. Learn how to invest successfully, and not to get scammed. Being active Internet users, we have heard much about cryptocurrencies and ICO’s, but few people know what it is actually about. Let’s open the veil, starting with brief overview of cryptocurrency concepts: Cryptocurrency is a virtual asset consisting of digital coins, which are based on a chain of blocks program code. In fact, the cryptocurrency is a set of structured in a specific way symbols, a data packet formed with the…