Bitcoin: What is all over-optimistic?

If you had spent $ 27 on Bitcoin when it was created by Satoshi Nakamoto in 2009, your investment would now be worth over $ 37,000,000.

Bitcoin is widely seen as the largest investment vehicle of all time, and it went up dramatically during 2017 from $ 777 all the way to $ 17,000.

Creating opportunistic investors and leaving financial institutions open, Bitcoin has answered its critics at every significant event this year and some believe this is just the beginning.

The launch of Bitcoin futures contracts on December 10, which will allow for the first time investors to enter the Bitcoin market through a major regulated US exchange, means that we are just getting started.

What makes Bitcoin so valuable is that it has a limited amount. There will only be a maximum of 21 million Bitcoins, and unlike regular currencies, you cannot print more of them whenever you want. This is because Bitcoin works to prove a working protocol: in order to create it, you have to mine it using computer processing power to solve complex algorithms on the Bitcoin blockchain. Once this is achieved, you will be rewarded with Bitcoin as payment for the “work” you did. Unfortunately, the bonus you get for mining has decreased drastically every year around since the inception of Bitcoin, which means that for most people the only viable way to get Bitcoin is to buy it on the exchange. At current price levels, is this a risk worth the risk?

Many people think Bitcoin is just a bubble. I spoke to cryptocurrency expert and long-term investor Duke Randal who believes the asset is overrated, “I will compare this to the many supply and demand bubbles throughout history like the Dutch Tulip Mania and the dot com bubble of the late 1990s. Prices are just speculations, and when you look at Bitcoin jobs as a real currency. It’s almost embarrassing. ” For those who don’t know, the dotcom bubble was a period between 1997-2001 when many internet companies were founded and provided outrageously optimistic ratings based solely on speculation that later fell 80-90% as the bubble began to collapse early on. 2000s. Some companies, like eBay and Amazon, have recovered and are now much higher than those ratings, but for others, that was the end.

Bitcoin was originally created in order to wrest power from our financial systems and get people to control their own money, dispense with a middleman and enable peer-to-peer transactions. However, it is now one of the slowest cryptocurrencies on the market, and its transaction speed is four times slower than the fifth largest cryptocurrency and its closest competitor in payment solutions Litecoin. Monero’s untraceable privacy coin makes transactions faster, as it has an average blocking time of just two minutes, five times Bitcoin, and that’s anonymously. The second largest cryptocurrency in the world, Ethereum, already has a higher transaction volume than Bitcoin even though it is only valued at $ 676 per Ether compared to Bitcoin’s $ 16,726 per Bitcoin.

So why is Bitcoin’s value so high? Duke asked Randall the same question. “ It all comes down to the same economics of supply and demand, relatively little bitcoin is available and the recent rise in prices has attracted a lot of media attention, along with the launch of Bitcoin futures contracts that many see as the first sign Bitcoin is accepted by the mass market. , Which led to a lot of people jumping in the bandwagon to make a financial gain. Like any asset, when there is a higher demand to buy than to sell, the price goes up. This is bad because they enter new investors into the market without understanding the blockchain and the basic principles of these currencies which means It is likely to be burned. “

Another reason is that Bitcoin is very volatile, and has been known to fluctuate up or down thousands of dollars in less than a minute, and if you are not used to or expecting it, it causes less experienced investors to panic from selling, leading to a loss. This is another reason Bitcoin will struggle to adopt it as a form of payment. The price of Bitcoin can fluctuate dramatically between the time when sellers accept Bitcoin from customers and sell them to exchanges in their local currency. This erratic movement can wipe off her profitability completely. Will this instability go away anytime soon? Unlikely: Bitcoin is a relatively new asset class and despite increased awareness, a very small percentage of the global population owns Bitcoin. Until it is distributed more widely and liquidity improves significantly, volatility will continue.

So if Bitcoin is useless as a physical currency, what are its applications? Many believe Bitcoin has gone from being a viable payment method to becoming a store of value. Bitcoin is similar to ‘digital gold’ and will simply be used as a benchmark for other cryptocurrencies and blockchain projects that can be measured and traded. Lately, there have been stories of people in high-inflation countries like Zimbabwe buying Bitcoin in order to keep the wealth they own rather than seeing its value plummet as its central banking system recklessly.

Is it too late to engage in Bitcoin? If you believe in what these cryptocurrencies will do to the world, it’s never too late to get involved, but with Bitcoin so expensive, it’s a boat for some who have already set sail. You might be better off looking at Litecoin, up 6908% for the year, or Ethereum that’s up an incredible 7521% for the year. These newer and faster currencies hope to achieve what Bitcoin first set out to do in its inception in 2009 and to replace fiat currencies run by the government.

Who knows how much the price of these currencies will be in ten, fifteen, or even twenty years from now? One thing is for sure though, we’d better connect ourselves to it because it would be a road trip.

Crypto Signal Services – Choose the Best

Cryptocurrency trading can be profitable when the trader is able to monitor the market around the clock. However, it can be difficult to do, but fortunately there are crypto signal services that can be used to provide you with needed assistance in trading. It provides signals so that traders can make the right decisions by trading them at the right time for the matter. With cryptocurrency trading so popular, a number of cryptocurrency signal services have emerged. So how do you choose the best to provide valuable information to make your trading more successful?

Quality of service

It is one of the most important factors to consider when choosing services. The trading platform should have an impressive predictive success rate and should also provide relevant signals to guide you through trades and market trends. Signals also need to be sent out instantly in order to match real market activities. Check to see that it is generating signals in the fastest way possible; It makes all the difference.

Reliability

Remember that you will trust them to guide you in your trades, thus you want to choose someone who you can fully rely on to make safe choices. This means that you must select a 100% legitimate provider. The provider that tells us how to generate the signals is more reliable whether they are expert traders or automated software. In a world full of scams, you really want to be careful with who you choose to work with.

Free trial

One of the best ways you can know that a service provider is genuine is by offering you a free trial version of the services they provide. This applies even when it comes to trading cryptocurrencies. A provider that provides free signals for a certain period of time gives you an opportunity to determine the quality and reliability of the service. By trying before investing, you get services with complete confidence. Legal signs will not face any problems, giving you the freedom to decide to work with them or look elsewhere in the event that you are dissatisfied with what you are getting.

Pricing

Even with a free trial, you’ll definitely need to subscribe to the services at some point. Avoid service providers who provide the signals for no charge at all as they may not be legitimate. However, you should also not be tricked into paying huge sums for the subscription either. Prices should be reasonable in relation to the quality of service that you will enjoy. Do your math and research a little bit until you finally make the right decisions.

the support

Aside from being available around the clock to help you, they should be aware of the cryptocurrency exchange and the app they are offering you. Without this kind of support, you will still have problems enjoying the value the services aim to add to you.

Cryptocurrency Security: Bitmarque Review

If you are looking for a reliable custody service for your digital assets, you might want to check out Bitmarque. Started in 2017, Bitmarque is a different cold storage solution, free from any point of failure.

The blockchain experts behind this service use military-grade security systems and a secure, offline wallet. They have attempted to bridge the gap between insurance and cryptocurrency.

In fact, Bitmarque offered real, unique, deep cold storage insurance, a kind of union of interest investors.

In fact, the beauty of this new service is that it provides investors with peace of mind.

As far as cryptocurrency is concerned, the biggest problem that coin holders face is the issue of security. In other words, they worry about losing their digital money. This is where Bitmarque comes to the rescue.

The company owns its own digital assets, many financial institutions, and offline assets, which is why it is the only secure provider of trustee service for those with cryptocurrency.

Let’s take a closer look at this service.

What is Bitmarque?

As mentioned earlier, Bitmarque is a unique service because it offers a secure custody service for holders of cryptocurrencies.

This service is a pure cold storage solution. It’s a combination of multiple signature approvals and smart contracts with deeper safeguards. That is why this system is secured by a strong fiscal union. Therefore, it offers a financial union that gives your currency a high level of safety and security. Your deposits will be safe. You will not worry about them.

How safe will your belongings be?

The provider uses military-grade security protocols, offline systems, and cold storage. For added security, systems are installed worldwide in secret locations. Moreover, they use a number of layers of encrypted firewall for the highest degree of protection.

Since there are so many consent systems in place, you can rest assured that digital assets are not going anywhere, regardless of the type of threats that may be present. Company employees or top management will not have full access to your assets unless you provide your consent.

How does the service protect your digital assets?

If you are concerned about protecting your digital assets, know that security protocols are as safe as the ones used by the military. The company has a technology solution that provides a high level of encryption and security protocols. The use of smart contracts and physical vaults located in various secret locations around the world ensures that your digital assets are always in safe hands.

Supported cryptocurrencies

You can deposit both Litecoin and Bitcoin, but you can also contact Bitmarque to find out about other currencies. However, they do support other cryptocurrencies.

cost

If you want to join the service, you need to pay a one-time registration fee and a small amount of fees per month and bank transaction fees. For more information, you can contact Bitmarque.

Join without a recommendation

You cannot join without a recommendation unless you meet certain criteria. It is best to contact the company to discuss the matter.

So, this was a brief review for Bitmarque. Hope this helps.

Simple ways to buy and invest in Bitcoin

What is Bitcoin?

Bitcoin is a decentralized, peer-to-peer digital currency system designed to give online users the ability to process transactions via a digital exchange unit known as Bitcoins. In other words, it is a virtual currency.

The Bitcoin System was created in 2009 by an undisclosed programmer (s). Since then, Bitcoin has enjoyed much attention and controversy as an alternative to the US dollar, the euro, and commodity currencies such as gold and silver.

Rise to popularity

Bitcoin did not receive much attention in the business and finance world before 2009. It rose to prominence in 2011-2012 when it gained more than 300%. Bitcoin has seen 400% growth in its value since August of last year. As a result, investors and venture capital firms around the world continue to attach importance to cryptocurrency.

In the first half of 2014, venture capital firms invested $ 57 million in bitcoin in the first quarter, followed by another $ 73 million in the second quarter with a total value of $ 130 million, which is 50% more than last year’s total of $ 88 million. . This is in complete contrast to the scenario in 2012 where Bitcoin companies raised a relatively meager $ 2.2 million.

These statistics prove beyond any doubt that Bitcoin is worth your investment, which begs the question, how can you buy and invest in Bitcoin?

A guide for beginner Bitcoin investors

The easiest and least complicated way to invest in Bitcoin is to buy Bitcoins. There are a lot of well-established companies, especially in the US as well as abroad, that are involved in the business of buying and selling bitcoins, abbreviated as BTC.

Queen Piece

If you live in the United States, Coinbase is the place to look. Coinbase provides its clients with BTC at an estimated price of 1% over the current market price. US residents have the option to sync their Coinbase wallets with their bank accounts. As a result, future payment transfers are made hassle-free. This company also gives you the option to automatically purchase Bitcoins from time to time. For example, if you are interested in buying $ 50 Bitcoin at the start of each month, Coinbase allows you to set up an automatic purchase for that amount.

Take note of the terms and conditions before you start using this service. If you subscribe to the automatic bitcoin service, you will not be able to control the price at which BTC is purchased each month. Note that Coinbase does not operate as a Bitcoin exchange, that is, you buy and sell coins directly from the company. Since the company has to obtain coins from other buyers, it may encounter delays or disruptions when placing orders during rapid market movements.

BitStamp

BitStamp fits into the requirements of a traditional bitcoin exchange. Bitcoin acts as an intermediary that allows you to trade with other users and not the company itself. The liquidity here is higher and you always have a good chance of finding someone willing to trade with you. There is an initial fee of 0.5% that can be reduced to 0.2% if you trade $ 150K in a 30-day period.

Alternative ways to buy bitcoins

Local Bitcoins

Exchanging is not the only way to invest in Bitcoins. Local Bitcoins are often used to buy BTC offline. The site is designed to connect potential buyers and sellers. Bitcoins are considered as a treasury of the seller in a guarantee and can only be released to buyers.

Buying Bitcoins offline is not always very reliable or secure. Hence, it is best to meet the sellers during the day and just let a friend peruse with you in case things go south.

Bitcoin isn’t just a recent trend. Venture capital firms consider Bitcoin a suitable alternative to the traditional currency in the long term. There are easy ways to enter the bitcoin investing industry. As mentioned earlier, Coinbase, BitStamp, and Local Bitcoins are the most popular channels for investing in Bitcoin in the United States. Do your homework and discover the path that defines all your boxes.

Catch-22 for legal enforcement of cryptocurrency hacking

That day, I was discussing cryptocurrencies with an acquaintance of us at a local Starbucks, and he told me he was working with two entrepreneurs who were previously academic experts in IT security. Of course, for cryptocurrencies, it’s all about the secure transmission of data, and the confidence in that coin’s intrinsic value and zero, or Q-bits. Perhaps, I might look at their business plan, although these cryptocurrencies encountered some hurdles on the road to the future, I am sure they will be the future base – this is how the world looks like.

Does this mean that we will have a distribution currency such as energy distributed on a smart grid, or distribution information such as the Internet? Well, humans usually do what works, and there’s both good and bad with a centralized and distributive iteration strategy.

Now then, what is the last question you ask? Well there are two articles I read less than an hour after that meeting as I was browsing through the information I had previously saved to write this post for later; Marginally beneficial – Bitcoin may fail itself as a currency, but the underlying technology is starting to suggest valuable new applications, ”by Paul Ford (February 18, 2014) and states that this article was written just days before Bitcoin was stolen from one of the major exchanges.

The other article was written by Naette Byrnes the day after these results were released in the news on February 25, 2014, “Bitcoin on the Hot Seat – one of the major Bitcoin trading platforms is closing, raising questions about cryptocurrency.” Are you surprised No, me too.

The second article went on to say; Tokyo-based Mt.Gox, which was once one of the largest cryptocurrency exchanges, shut down Tuesday amid rumors that millions may have been stolen from the company and mounting concerns about the long-term prospects for the unregulated digital currency. The stock exchanges are to distance themselves from Mount Gox and confirm that they are still open for business. The value of the currency itself fell sharply to just over $ 500 by mid-afternoon. It hit an all-time high of $ 1,100 in November. “

What do you say about it? Ouch. Does this prove that the naysayers who call it a Ponzi scheme were right? Do they get the last laugh, or is this just an evolutionary anticipated process of turmoil in which all kinks are resolved? Well, keep in mind this thought experiment that I had.

Let’s say there was an involvement in it, let’s say someone hacked the system or stole the digital currency. At the moment, the digital currency remains under the radar because it is not recognized even with all the new regulations that banks are imposing on banks, etc. How can digital currency have value? It’s hard to say, how a fantastically printed piece of paper with a $ 20 mark could be worth anything, it isn’t, but it’s worth what it stands for if we all agree and trust the coin. What’s the difference, it’s a matter of trust, isn’t it?

Well, let’s say regulators, the FBI, or another branch of government step in and file charges – if they file criminal charges that someone defrauded another, how much fraud is involved? If the government Ministry of Justice and Enforcement puts a dollar number for it, they inadvertently agree that the digital currency is real, has value, and therefore recognized. If they don’t get involved, any fraud that may or may not be taking place takes the whole concept back, and the media will continue to diminish the trust of all digital currencies or cryptocurrencies.

So, it is difficult for government, regulatory agencies, and enforcement personnel, and they cannot look the other way or deny it anymore. Is it time for the regulations. Well, I personally hate organizing, but that’s not how it usually starts. Once the concept is structured credibility, but its digital currency concept could also undermine the entire One World Currency strategy or even the Petro-Dollar model, and there could be hell to pay for that as well. Can the global economy handle this level of turmoil? Stay tuned, I think we’ll see.

In the meantime, what happens next will either bring about or break this new change in how we view monetary value, wealth and online transactions and how the real world will mingle with the hazy reality in the future. I just don’t see a lot of people thinking here, but everyone should, one slip and we could all be in a world of harm – all of humanity. Please look and think about all of this.

Muxe – the innovative platform for all your real estate needs

MUXE is an all-in-one platform that makes it easy for you to buy your dream home to get rental income from your extra space, inspired by the latest interior design advice, and sourcing the best maintenance contractors for your property to request home improvements to spruce up your existing towel.

This is easily navigated through the interactive MUXE platform that can help even ordinary users find their needs using the latest technology on augmented reality and virtual reality applications. With these tools, they will help the user to make better important decisions in a secure P2P platform.

Muxe has complete transparency, extravagant search, and a revolutionary blockchain, delivered with absolute security. Wonderfully stable and fully encrypted with unlimited access. Wonderful unique technology. Fully comprehensive and definitely quite flexible. And in the end, it suits your choice.

On May 17th, we were invited to speak about Blockchain and Crypto at an event by Ondernemen in Bedrijf and Pakhuis Pit Meet. During this day, we participated in an advanced workshop on Blockchain and Crypto. The main topic we talked about was the ‘Blockchain Effect’, Ondernemen in Bedrijf hosted multiple sessions on Blockchain and Crypto at various locations in the Netherlands. According to several specialists, Blockchain will change the world as has the Internet.

There is a lot to be written about blockchain, bitcoin, and related technologies, and for many real estate professionals this is part of a bold new and confusing tech world. Like the original internet, blockchain is a revolution in technology that will affect all people and all companies. So people are paying attention, but many still do not understand what a blockchain is.

Imagine that you and your best friend Bob are standing on stage in an auditorium, with 1,000 people in the audience. In front of these 1,000 people, you hand over your car keys to Bob, and Bob hands his watch. You announce, “Bob, you now own my car.”

Bob replies to you, “You now own my watch.” There are 1,000 Witnesses who can each declare, without a doubt, that your car is now Bob’s, and the watch belongs to you. If someone in the audience later tells a conflicting account about the owner of the car or watch, the other 999 people will refute it. And if you take a backup set of your keys and try to give the same car to someone else, the 1,000 members of the public will confirm that Bob owns the car, as each of them witnessed the “treatment.” This is the essence of how the blockchain works.

We are pleased to present our innovative Real Estate Search Engine. http://www.searchestate.net The search results are carefully selected by our team. When you are looking for a home or service, Search Estate help will help you find what you are looking for in no time.

Search Estate is the innovative search engine for all your real estate needs. Whether you are looking to buy a new home or find the latest real estate claims, you can find it all on Search Estate.

We only add the best real estate websites to the engine to ensure the highest possible quality of search results. Search Estate currently provides 3 search methods. This includes web results, images, and videos.

searchestate.net

But you can also check searchprofession.com, searchmaintenance.com or http://www.searchexchange.net. We plan to offer more of these search engines over time.

User interface and user experience

Our user interface features will allow the user to quickly search, view, locate and track their favorite or future favorite products and services

References. It will have a clean, easy to use and simple design to meet the needs of a wide age group of users. Recommendations, guides and tips

It is imperative to set up a system of recommendations, guides, and tips that can be turned on or off when users desire

Browse, search, or transaction. These components can assist the user in making decisions and improve their experience on

a program. Latest technology

MUXE will introduce new and cutting-edge technologies and plugins such as AR and VR applications to assist our users when choosing paint colors, interiors, furniture, apartment viewing, and comparing new designs and layouts, which will not be available in the traditional way. Was possible.

The MUXE platform allows its users to list for renting, buying or selling of real estate, contract services, scheduling relocation companies, and purchasing home improvement equipment. MUXE token is the cryptocurrency for all transactions on the platform. Our blockchain technology is based on the Ethereum ERC20 platform.

The MUXE token holder community helps create the value and significance of the token. The work we are building on blockchain and cryptocurrencies provides ample opportunity for growth and expansion in various industries supporting real estate. This is how, MUXE can revolutionize and evolve with the ever-changing demands of the consumer world.

To be a transparent hub for buyers and sellers to interact and work together. We aim to improve the crypto market as a whole,

Incorporate another original cryptocurrency.

Over the past two months, a lot of changes have taken place within the MUXE project. The core had to meet a lot of people and made great partnerships. We’ve spoken to many interesting people including #jameskeddie #mikemorrit #kingsleyennis #andreledoux #silvanosoares #rutgerjanse and many other great people and companies working in the crypto and blockchain industries. Many of them show great belief in our project and stated that the potential of the project is huge.

The past two months have been all about finalizing the worksheet and roadmap. We are proud to say that we have completed both the public and investor white paper and the roadmap for a 3-year plan.

To find out more about what we are building, please visit our website.

MUXE

10 ways the US dollar is affecting the global markets

The United States is the strongest and largest economy in the world. The US currency remains dominant over other world currencies in the international markets. The behavior of the US dollar has a significant impact on global markets, culminating in both positive and negative results in these markets.

Here are 10 ways the US dollar could affect global markets:

  1. The strength of the US dollar is slowing trade in international markets. A stronger US dollar weakens other currencies in global markets, making dollar-denominated goods more expensive to purchase.

  2. However, these markets will also get enthusiastic if they are exporting to the US. The rise in the dollar causes the value of local currencies to depreciate in these markets, which leads to inflation of local currencies.

  3. When the dollar appreciates against other currencies, demand is shifted from the US market to global markets, thus increasing economic and financial activity in global markets.

  4. The strong US dollar is also attracting capital inflows in foreign direct investment (FDI) and other investments from US dollar investors into these markets. This mostly occurs in developing countries where the markets are emerging markets with high rates of economic growth.

  5. US dollar capital flows into these overseas markets stimulate economic activities such as lending, employment and consumption, thus stimulating growth in these markets.

  6. Commodities such as precious metals and oil are priced in the international market in US dollars. Therefore, the performance of the US dollar determines the cost of living in global markets. The consequences of a weak US dollar in these markets include lower gas prices, while a strong dollar makes gas purchases more expensive for the consumer.

  7. Global financial markets are watching the US dollar closely to ensure the spot price of fast-moving commodities. Any fluctuations in the US dollar lead to a series of buying and selling of these commodities in the context of speculating either of the two outcomes based on the behavior of the dollar.

  8. The rise in the Federal Reserve rate causes the dollar to rise for investors. This could cause capital to flee from these markets; Slowing growth and reducing demand for US dollar denominated products.

  9. Also, higher interest rates can reduce the liquidity of the US dollar and thus reduce investment, leading to job losses and a global recession as happened recently in the 2007 global recession.

  10. As a reserve currency and standard international currency in most countries, the interest rate on the US dollar determines the cost of financing external debt to global markets. The foreign exchange rate of the US dollar determines the interest paid and access to credit in the global financial market while continuing to influence the balance of payments based on the reserves of the US dollar held by the entity.

4 Reasons to Become a Certified Bitcoin Professional (CBP)

The CryptoCurrency Certification Association (C4) has created some cryptocurrency standards in order to help ensure a balance of decentralization, trust, privacy, openness, ease of use, and security. If you pass the CBP exam, you will be able to get certified. It will improve your professional standing. In this article, we’ll discover why you should get a professional Bitcoin certification. Read on.

1. Qualification

First of all, if you obtain this certification, you will become a qualified professional. Therefore, you can become more prominent among the group in terms of professional and personal abilities.

2. The request

If you are part of the Bitcoin ecosystem as a professional, you will enjoy many opportunities as an entrepreneur, freelance, and individual. The fact of the matter is that startups, media outlets, and global organizations are always looking for professionals in the Bitcoin world.

3. A comprehensive understanding

After obtaining your degree, you will have a solid understanding of cryptocurrency. As a result, you can practice your knowledge in a much better way.

4. Experience

If you become a CBP, you can use the technology in your area of ​​expertise. The reason is that you will have a much stronger understanding of many issues, such as privacy and double spending.

Prerequisites

  • No prior knowledge of cryptocurrencies is required

  • Basic understanding of smartphone and computer operations

  • Familiarity with the Android and Windows operating system

the target audience

  • Bitcoin users

  • Project managers

  • IT professionals

  • Journalists and bloggers

  • business men

  • Educators, teachers and professors

  • Marketing and sales professionals

  • Auditors and accountants

The Procedure to Become a Certified Bitcoin Professional

If you want to become a CBP, you will have to pay a fee and pass the exam. For this, you must have access to basic study materials. The study materials will be sufficient for you to study for up to two years. It will cover 33 topics and 6 domains.

The exam is in English and has a duration of 24 months. The exam fee is under $ 100, the supplementary exam fee and the renewal fee is under $ 50.

To clear the test, make sure you get at least 70% of the marks. If you fail to pass the test on your first attempt, you can pay the fee and take the test again.

There is also a time limit during the test. You have to try 75 questions in just 20 minutes. This includes true and false and MCQs. The reason for the time restriction is to prevent test takers from using a search engine to search for the correct answers.

In short, these are the reasons and the steps to becoming a certified professional. Hope this helps.

As technology advances at a frenzied pace, safety products are in demand

One of the many goals when cryptocurrency (CC) was first invented was to create a secure digital system for transactions. The technology used was, and still is, Blockchain. Blockchain systems are designed to be impervious to the problems that often exist in financial systems online with outdated technology – issues such as account hacking, fake payment authentication, and fraudulent website phishing.

Blockchain itself operates global peer-to-peer recordkeeping networks (distributed ledgers) that are secure, cheap, and reliable. Transaction records are stored all over the world on blockchain networks, and because these records are spread over the entire user community, data is inherently resilient to modification. No piece of data can be changed without changing all the other blocks in the network, which requires the complicity of the majority of the entire network – millions of guards. But – what if the website appears to provide you with a gateway to exchanging cryptocurrencies or a cryptocurrency wallet product, but is it really a website designed to trick you into divulging information? You have no Blockchain security whatsoever – you just have one other scam, and protection from all of this is needed.

MetaCert is a company that it says is dedicated to keeping internet users safe, its flagship security product can be used to protect organizations from a host of malicious threats, and now they have a product designed to keep CC enthusiasts safe. This new product is called “Cryptonite” and is designed to be installed as an add-on to the browser. Current browsers rely on SSL certificates that show users a small padlock in the browser’s address bar. Users have been told for years that SSL certificates assure you that the website is authentic – not fast – phishing sites use SSL certificates as well, so users can be tricked into believing the website is legitimate when it isn’t. Once you add it to your web browser, Cryptonite will show a shield next to the address bar. This shield will switch from black to green if the website is deemed “safe”. MetaCert says they have the world’s most advanced threat intelligence system with the world’s largest databases of confidential security URLs.

Staying safe is always a good thing, but more safety products may be needed in the future as technology advances at an ever-increasing pace. Quantum computing (QC) looms large. QC is considered by many to be one of the biggest technological revolutions of the modern era. By harnessing the power of quantum mechanics, quality control machines will be able to perform more complex tasks, and achieve previously unattainable speeds. Conventional computers are based on binary model, with a system of switches that can be turned on or off, represented by a 1 or 0. The QC differs in that their switches can be on and off simultaneously, which are called “overlays”. This ability to be in two states simultaneously is what makes QC so much faster. Google announced more than two years ago that its quantum model was 100 million times faster than any other computer in their lab. The development of this technology is moving forward at an increasingly rapid rate. The first commercialized quantum computer was produced in 2011 by the California-based company D-Wave. The D-Wave machine is equipped with a processor containing 16 quantum computing units called QUBITS. Since then, industry leaders such as IBM and Microsoft have announced their quantum software. This trend will lead to a massive increase in the number of QUBITS these new machines can handle over the next several years. While quantum computing holds the potential to make great progress in many areas, and to provide innovative solutions to some of the more complex problems, it will surely generate the need to improve security, as these devices will also have the potential to help hackers get treacherous in acts. Protection and security will always be needed in the cryptocurrency space, as with all other spaces on the Internet.

Stay tuned!

What cryptocurrency malpractices should you be aware of?

Cryptocurrency scams have rocked the financial industry since the day Bitcoin gained fame, and unfortunately, it is estimated that more than $ 1 billion has been lost in such scams. At the same time, millions are lost every year to such scams. We expect that you will not fall prey to such scams and hence, we bring you this very article that will help you one way or another to spot tons of crypto-based scams.

These are the types of cryptocurrency scams –

Giveaway tricks

It is incredibly unlikely that someone will have a legitimate gift that requires you to first send your very own money. On social media, you have to be careful with these types of text messages. They might be derived from seemingly identical accounts for the types one really knows and loves, but that would be part of the trick. For a lot of the responses thanking the listed accounts for their special generosity – it’s just fake company accounts or bots posted that are listed in the scam giveaway.

Fake mobile apps

Once a customer installs a malicious application, everything might appear to be working as intended. On the other hand, these programs are specially designed to steal your cryptocurrency. Inside the crypto room, there have been many instances of clients downloading malicious apps whose developers counterfeited as a major crypto company.

In such a scenario, when the user is offered a deal to finance the wallet, usually or in order to receive payment, they are actually sending cash to an address the fraudster owns. Regarding of course, when transferring funds, there are no undo buttons.

Pyramid and Bunzi diagrams

On the Ponzi chart, you can notice an investment opportunity with certain profits which is the first warning sign. Generally speaking, you will see this specific scheme disguised as a portfolio management service. In fact, there is no magic formula in the office here. The “returns” earned are just other investors’ money.

In the new hierarchical scheme, there is somewhat more work required by the individuals involved. Usually at the top, the pyramid will be the moderator. They will recruit a certain number of men and women to work at a certain level under those people, and both men and women will have their own number of people, and so forth. As a result, you end up with a core structure that grows exponentially and produces as new levels form and disguise themselves in a pyramid shape.