What Is Bitcoin Mining And How Does It Work?
Bitcoin mining is the process of creating new bitcoins and putting them into circulation. It is also how the network certifies new transactions and is an important part of the blockchain ledger’s upkeep and development. “Mining” is done using sophisticated machinery that solves a very challenging computational arithmetic problem. The first computer to solve the […]
The 7 Top Cryptocurrency Exchanges of 2022
The cryptocurrency revolution is not just a scam to get rich quick. It’s an exciting new form of digital currency that has the potential to change the world. It’s also one of the most volatile and least understood financial markets in existence, which means it can be hard to figure out how to invest in […]
Types of Cryptocurrencies and The 6 most Popular Crypto of 2022
According to estimates, the cryptocurrency market is valued at more than $2.2 trillion currently. The crypto market was only worth $10 million in 2011 when Bitcoin was the only digital currency we knew about. In just over a decade, the crypto market cap is on its way to almost $3 trillion, with approximately more than […]
Should You Store Personal Documents In The Cloud?
With how rapidly technology is advancing, it’s easy to get overwhelmed by the sheer number of developments. It wasn’t a long time ago that we relied on external and internal storage for storing our data. Many people still do. But these storage options (Hard Disks, USB drives) are physical objects, meaning they’re susceptible to degradation/damage […]
What is Blockchain: The Technology Simplified
What is The Blockchain Technology? A Blockchain is a digital ledger containing records that are Cryptographically linked together, also known as Blocks. Every block contains information about its predecessor. These blocks form a chain (and therefore the name), with each new block strengthening the preceding ones. Blockchains are resistant to data tampering since the data […]
NFTs And Web 3.0
The future of the internet as we know is Web 3.0. In the early days of the internet (1991-2004), Web 1.0 had static pages hyperlinked together which mainly functioned as tools to provide knowledge. These pages did not have any login requirements or advertisements. It was just like a big encyclopedia available digitally! From […]
What is DeFi: Decentralized Finance Simplified?
DeFi is a new concept where transactions are carried out directly between peer-to-peer (p2p) users and don’t rely on an intermediary party (like banks). Decentralized finance is part of the most revolutionary technology available to date, Blockchain – it uses this technology to carry out transactions, execute Smart Contracts and store valuable information. DeFi simplifies […]
NFTs And Digital Assets: New Concern In Estate Planning
What are Digital Assets? Everything that exists in the digital realm and has the right to be used is referred to as a Digital Asset. Digital Assets include your social media accounts, Cryptocurrency wallets, gaming accounts, subscription accounts like Amazon, Disney+, Spotify, and even the equipment you need to access these accounts, such as your […]
Estate Planning With NFTs
What is NFT? NFT or NonFungible Tokens are the new product of Blockchain Technology boosted with the power of Cryptocurrency! Confused? It might be easier to describe NFTs as representations of Digital arts or collectibles (which can range from basketball cards to tweets) that act as proof of Ownership for these Digital Assets. With Fractional […]
NFTs – All You Need To Know!
NFTs (Non-Fungible Tokens) are a type of digital token that is incorporated in a Smart Contract. Pictures, videos, memorabilia such as virtual baseball cards, or other sports cards could be an NFT. It could be anything from documents to tweets that are commemorated, and Non-Fungible means that there is only one of each kind. It […]
